TE Connectivity (TEL)

We raise F2025/F2026E (Sept) EPS back up for TE Connectivity (TEL; $136.06; O/P) from our recently lowered $7.95/$8.40 to $8.20/$8.75 after it produced a healthy FQ2 (Mar) beat with solid guidance that reflected some better-than-expected…

TE Connectivity (TEL; $133.45; O/P) reported FQ2 (Mar) non-GAAP EPS of $2.10, which handily beat our $1.95 and the Street’s $1.96 on better-than-expected sales ($4,143mm vs. our $3,950mm and the Street’s $3,970mm). By comparison, TEL’s…

We reduce our F2025/F2026E (Sept) EPS from $8.10/$8.90 to $7.95/$8.40 for TE Connectivity (TEL; $127.35; O/P), ahead of its FQ2 (Mar) results and guidance, scheduled for April 23rd (before market). Our “first stab” to consider…

This morning, TE Connectivity (TEL; $146.49; O/P) announced it signed a definitive agreement to acquire privately held Richards Manufacturing, a producer of a range of components, mainly for utility grids as well as certain industrial…

We reiterate our Outperform on the shares of TE Connectivity (TEL; $155.09; O/P) after the company produced FQ1 (Dec) results and guidance that ranged from in line to better than we expected if we exclude…

TE Connectivity (TEL; $148.30; O/P) reported FQ1 (Dec) non-GAAP EPS of $1.95, which was ahead of our $1.88 and the Street’s $1.89 despite somewhat lower-than-expected sales ($3,836mm vs. our $3,900mm and consensus of $3,905mm). By…

We reiterate our Outperform on the shares of TE Connectivity (TEL; $143.47) ahead of FQ1 (Dec) results and outlook, scheduled for next Wednesday (1/22 before market). Most importantly, we think TEL can at least live…

We reiterate our Outperform on the shares of TE Connectivity (TEL; $151.79) after FQ4 (Sept) results and guidance highlighted a still robust growth vector for the company’s sales into cloud data center markets (~5% of…

TE Connectivity (TEL; $152.64; O/P) reported FQ4 (Sep) non-GAAP EPS of $1.95, a penny ahead of our consensus matching $1.94 on some healthy sales upside ($4,068mm vs. our $3,998mm and consensus of $4,004mm). By comparison,…

We reiterate our Outperform on the shares of TE Connectivity (TEL; $148.97; O/P) ahead of its FQ4 (Sept) results and outlook, scheduled for October 30th (before market). We note the stock is still only at…

We reiterate our Outperform on the shares of TE Connectivity (TEL; $149.58) after hosting a virtual investor meeting on Wednesday (9/25) with CEO Terrence Curtin, CFO Heath Mitts, and Aaron Stucki, President, Communications Solutions. Most…

Yesterday after the close (9/17), TE Connectivity (TEL; $145.77; O/P) disclosed in an 8-K that it is reorganizing its management and reporting segment structure, beginning with its upcoming FQ1E (Dec), to better align with the…

We reiterate our Outperform, raise our target from $180 to $190, as we bump up our F2024/F2025E (Sep) EPS for TE Connectivity (TEL; $156.85) from $7.45/$8.15 to $7.55/$8.20 after its healthy FQ3 (Jun) beat and…

TE Connectivity (TEL; $151.40; O/P) reported FQ3 (Jun) non-GAAP EPS of $1.91, which beat our $1.85 and the Street’s $1.86 on operating income and margins that were above estimates (19.3% vs. our 18.5% and the…

We reiterate our Outperform and raise our target from $175 to $180 on the shares of TE Connectivity (TEL; $159.03) ahead of the company’s FQ3 (Jun) results and outlook, which are scheduled for next Wednesday…