TE Connectivity (TEL)

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…

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…