$1.16 EPS Expected for TE Connectivity Ltd (TEL)

October 13, 2017 - By Louis Casey

 $1.16 EPS Expected for TE Connectivity Ltd (TEL)
Investors sentiment decreased to 0.97 in 2017 Q2. Its down 0.11, from 1.08 in 2017Q1. It turned negative, as 41 investors sold TE Connectivity Ltd shares while 194 reduced holdings. 65 funds opened positions while 164 raised stakes. 309.23 million shares or 2.81% less from 318.18 million shares in 2017Q1 were reported.
Ameriprise Fincl has 1.41M shares for 0.06% of their portfolio. Nomura Holding reported 36,117 shares stake. 5,423 were reported by Johnson Fincl Group Incorporated. Pzena Management reported 0.31% stake. Stevens Mngmt L P owns 145,186 shares. Dubuque Bank & Trust Com stated it has 26 shares or 0% of all its holdings. Brown Brothers Harriman & holds 6,555 shares or 0% of its portfolio. Alabama-based Fjarde Ap has invested 0.14% in TE Connectivity Ltd (NYSE:TEL). Pinebridge Invs Ltd Partnership reported 0.19% in TE Connectivity Ltd (NYSE:TEL). Cambridge Invest Rech Advsrs Inc holds 0% or 3,933 shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) owns 229,116 shares. Cove Street Capital Ltd Co accumulated 55,992 shares or 0.53% of the stock. Moreover, Bb&T Corp has 0.38% invested in TE Connectivity Ltd (NYSE:TEL). Moreover, Atlantic Trust Grp Incorporated Llc has 0.09% invested in TE Connectivity Ltd (NYSE:TEL) for 177,785 shares. Richard Bernstein Advsr Llc accumulated 0.29% or 47,601 shares.

Since May 1, 2017, it had 0 buys, and 6 insider sales for $25.63 million activity. Another trade for 6,600 shares valued at $498,778 was made by Donahue Joseph B on Thursday, May 4. Shares for $1.06M were sold by Jenkins John S on Friday, May 12. Shares for $2.48 million were sold by Ott Robert J. 131,875 TE Connectivity Ltd (NYSE:TEL) shares with value of $10.13 million were sold by LYNCH THOMAS J.

Analysts expect TE Connectivity Ltd (NYSE:TEL) to report $1.16 EPS on November, 1.They anticipate $0.11 EPS change or 8.66 % from last quarter’s $1.27 EPS. TEL’s profit would be $409.98M giving it 18.91 P/E if the $1.16 EPS is correct. After having $1.24 EPS previously, TE Connectivity Ltd’s analysts see -6.45 % EPS growth. The stock increased 0.34% or $0.3 during the last trading session, reaching $87.74. About 876,070 shares traded. TE Connectivity Ltd (NYSE:TEL) has risen 29.30% since October 14, 2016 and is uptrending. It has outperformed by 12.60% the S&P500.

TE Connectivity Ltd (NYSE:TEL) Ratings Coverage

Among 8 analysts covering TE Connectivity (NYSE:TEL), 5 have Buy rating, 1 Sell and 2 Hold. Therefore 63% are positive. TE Connectivity had 25 analyst reports since July 23, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of TEL in report on Friday, September 25 with “Outperform” rating. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, January 21. Stifel Nicolaus maintained TE Connectivity Ltd (NYSE:TEL) on Thursday, January 26 with “Buy” rating. Longbow downgraded the stock to “Neutral” rating in Thursday, January 14 report. Goldman Sachs reinitiated TE Connectivity Ltd (NYSE:TEL) on Friday, September 18 with “Buy” rating. On Wednesday, January 4 the stock rating was downgraded by Goldman Sachs to “Sell”. The firm has “Buy” rating by Longbow given on Thursday, January 12. RBC Capital Markets maintained the shares of TEL in report on Thursday, September 7 with “Buy” rating. The company was maintained on Friday, January 15 by RBC Capital Markets. RBC Capital Markets maintained the shares of TEL in report on Thursday, November 3 with “Outperform” rating.

TE Connectivity Ltd. is a technology company. The company has market cap of $31.01 billion. The Firm creates and makes connectivity and sensors solutions. It has a 18.7 P/E ratio. It operates through three divisions: Transportation Solutions, Industrial Solutions and Communications Solutions.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.