TE Connectivity (TEL)

We adjust our F2024/F2025E (Sept) EPS for TE Connectivity (TEL; $140.00; O/P) from $7.55/$8.20 to $7.45/$8.15 after its slight FQ2 (Mar) EPS beat ($1.86 vs. our consensus matching $1.83), which included $0.02 of headwinds from…

TE Connectivity (TEL; $143.23; O/P) reported FQ2 (Mar) non-GAAP EPS of $1.86, which was ahead of our consensus matching $1.83 led by some slightly better than expected sales ($3,967mm vs. our $3,950mm and consensus of…

We think TE Connectivity (TEL; $142.98; O/P) can produce a solid “beat and raise” with its FQ2E (Mar) when it reports on April 24th (before market). More to the point, we think TEL is well…

We raise our rating on TE Connectivity (TEL; $143.63) from Equal-Weight to Outperform. We believe the stock is now breaking out of its trading range of the past two years on a path to new…

TE Connectivity (TEL; $134.65; E/W) reported FQ1 (Dec) non-GAAP EPS of $1.84, which comfortably beat our $1.70 and the Street’s $1.71 despite some moderately lower than expected sales ($3,831mm vs. our $3,850mm and consensus of…

Last night, TE Connectivity (TEL; $135.50; E/W) announced that its Board authorized a $1.5B increase in its share repurchase program. By comparison, TEL’s market cap is $43B and the company had $735mm remaining on its…

We adjust F2024E (Sep) EPS for TE Connectivity (TEL; $122.86; E/W) from $7.30 to $7.40 after FQ4 (Sep) results were slightly ahead of the Street and FQ1E (Dec) guidance was fairly consistent with expectations. FQ4…

TE Connectivity (TEL; $117.85; E/W) reported FQ4 (Sep) non-GAAP EPS of $1.78, which was slightly ahead of our $1.75 and the Street’s $1.76 on somewhat better than expected sales ($4,035mm vs. our $4,001mm and consensus…

This morning, TE Connectivity (TEL; $129.49; E/W) announced a public tender offer for all outstanding shares of Schaffner (SAHN.CH; CHF493.00; NR), which produces electromagnetic capability (EMC) filters, harmonic filters, and other electromagnetic components for certain…

We bump up F2023/2024E (Sept) EPS for TE Connectivity (TEL; $144.74; E/W) from $6.50/$7.25 to $6.70/$7.30 on the back of a solid FQ3 (Jun) EPS beat with some slightly better than expected FQ4E (Sept) EPS…

TE Connectivity (TEL; $141.20; E/W) reported FQ3 (Jun) non-GAAP EPS of $1.77, which beat our $1.62 and the Street’s $1.66 despite sales that were moderately below what we and the Street expected ($3,998mm vs. our…

We think a now more predictable auto supply chain (40-45% of sales) can go a long way towards finally putting a floor on EPS expectations for TE Connectivity (TEL; $142.77; E/W), when it reports FQ3…

We adjust our F2023/F2024E (Sept) EPS for TE Connectivity (TEL; $120.27; E/W) from $6.60/$7.50 to $6.50/$7.25 after some FQ2 (Mar) upside, albeit with another round of guidance that is below our and Street thinking. Specifically,…

TE Connectivity (TEL; $124.18; E/W) reported FQ2 (Mar) non-GAAP EPS of $1.65, which beat our $1.57 and the Street’s $1.58 on better than expected sales ($4,160mm vs. our $3,900mm and consensus of $3,915mm). By comparison,…

We think TE Connectivity (TEL; $127.75; E/W) produces FQ2 (Mar) results that at least live up to our consensus matching expectations when it reports next Wednesday (4/26 before market). This is mainly because we think…