TE Connectivity (TEL)

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…

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…