TE Connectivity plc (NYSE: TEL) is -0.40% lower on its value in year-to-date trading and has touched a low of $128.52 and a high of $159.98 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TEL stock was last observed hovering at around $140.64 in the last trading session, with the day’s gains setting it 1.76%.
Currently trading at $142.40, the stock is -3.06% and -4.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing 1.25% at the moment leaves the stock -3.92% off its SMA200. TEL registered 3.84% gain for a year compared to 6-month gain of -4.70%. The firm has a 50-day simple moving average (SMA 50) of $149.4232 and a 200-day simple moving average (SMA200) of $148.21095.
The stock witnessed a -6.22% loss in the last 1 month and extending the period to 3 months gives it a -1.58%, and is -2.67% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.93% over the week and 2.04% over the month.
TE Connectivity plc (TEL) has around 87000 employees, a market worth around $43.13B and $15.85B in sales. Current P/E ratio is 13.86 and Fwd P/E is 15.78. Profit margin for the company is 20.15%. Distance from 52-week low is 10.80% and -10.99% from its 52-week high. The company has generated returns on investments over the last 12 months (19.96%).
The EPS is expected to grow by 7.11% this year.
TE Connectivity plc (TEL) Top Institutional Holders
1305.0 institutions hold shares in TE Connectivity plc (TEL), with institutional investors hold 87.26% of the company’s shares. The shares outstanding are 299.92M, and float is at 298.74M with Short Float at 1.20%. Institutions hold 87.14% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 28.19 million shares valued at $4.24 billion. The investor’s holdings represent 9.151% of the TEL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 24.77 million shares valued at $3.73 billion to account for 8.0419 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 20.42 million shares representing 6.6292% and valued at over $3.07 billion, while DODGE & COX holds 5.1191 of the shares totaling 15.77 million with a market value of $2.37 billion.
TE Connectivity plc (TEL) Insider Activity
#####
TE Connectivity plc disclosed in a document filed with the SEC on Nov 11 ’24 that CURTIN TERRENCE R (Chief Exec. Officer & Director) sold a total of 115,000 shares of the company’s common stock. The trade occurred on Nov 11 ’24 and was made at $154.69 per share for $17.79 million. Following the transaction, the insider now directly holds 54969.0 shares of the TEL stock.
Still, SEC filings show that on Nov 11 ’24, CURTIN TERRENCE R (Officer) Proposed Sale 115,000 shares at an average price of $150.00 for $17.25 million. The insider now directly holds shares of TE Connectivity plc (TEL).
