TE Connectivity plc (NYSE: TEL) is 3.50% higher on its value in year-to-date trading and has touched a low of $137.61 and a high of $159.98 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TEL stock was last observed hovering at around $149.81 in the last trading session, with the day’s loss setting it -1.84%.
Currently trading at $147.97, the stock is 0.97% and 0.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing -1.23% at the moment leaves the stock -0.35% off its SMA200. TEL registered 1.89% gain for a year compared to 6-month loss of -4.12%. The firm has a 50-day simple moving average (SMA 50) of $147.9194 and a 200-day simple moving average (SMA200) of $148.48695.
The stock witnessed a 3.57% gain in the last 1 month and extending the period to 3 months gives it a -3.06%, and is -4.34% 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 2.26% over the week and 2.26% over the month.
TE Connectivity plc (TEL) has around 87000 employees, a market worth around $44.15B and $15.85B in sales. Current P/E ratio is 23.62 and Fwd P/E is 16.50. Profit margin for the company is 12.10%. Distance from 52-week low is 7.53% and -7.51% from its 52-week high. The company has generated returns on investments over the last 12 months (12.22%).
with sales reaching $3.97B over the same period.The EPS is expected to grow by 6.99% this year, but quarterly earnings will post 1.89% year-over-year. Quarterly sales are estimated to shrink -0.01% in year-over-year returns.
TE Connectivity plc (TEL) Top Institutional Holders
1318.0 institutions hold shares in TE Connectivity plc (TEL), with institutional investors hold 89.12% of the company’s shares. The shares outstanding are 298.77M, and float is at 297.90M with Short Float at 1.10%. Institutions hold 89.02% 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
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TE Connectivity plc disclosed in a document filed with the SEC on Jan 27 ’25 that Kroeger Shadrak W (Pres., Industrial Solutions) sold a total of 3,889 shares of the company’s common stock. The trade occurred on Jan 27 ’25 and was made at $151.13 per share for $0.59 million. Following the transaction, the insider now directly holds 25976.0 shares of the TEL stock.
Still, SEC filings show that on Nov 21 ’24, MERKT STEVEN T (Officer) Proposed Sale 53,194 shares at an average price of $149.59 for $7.96 million. The insider now directly holds shares of TE Connectivity plc (TEL).
