TE Connectivity
About: TE Connectivity is the largest electrical connector supplier in the world, supplying interconnect and sensor solutions to the transportation, industrial, and communications markets. With operations in 150 countries and over 500,000 stock-keeping units, TE has a broad portfolio that forms the electrical architecture of its end customers' cutting-edge innovations.
Employees: 90,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
20% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 83
12.48% more ownership
Funds ownership: 79.16% [Q1] → 91.64% (+12.48%) [Q2]
2% more funds holding
Funds holding: 974 [Q1] → 991 (+17) [Q2]
3% more capital invested
Capital invested by funds: $41.1B [Q1] → $42.2B (+$1.11B) [Q2]
1% less repeat investments, than reductions
Existing positions increased: 357 | Existing positions reduced: 362
15% less funds holding in top 10
Funds holding in top 10: 13 [Q1] → 11 (-2) [Q2]
26% less call options, than puts
Call options by funds: $75.4M | Put options by funds: $102M
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
B of A Securities Wamsi Mohan 81% 1-year accuracy 30 / 37 met price target | 12%upside $165 | Buy Maintained | 9 Oct 2024 |
Goldman Sachs Mark Delaney 59% 1-year accuracy 16 / 27 met price target | 21%upside $179 | Buy Maintained | 1 Oct 2024 |
Wells Fargo Colin Langan 18% 1-year accuracy 5 / 28 met price target | 3%upside $153 | Equal-Weight Maintained | 20 Sept 2024 |
Truist Securities William Stein 77% 1-year accuracy 33 / 43 met price target | 6%upside $156 | Hold Maintained | 25 Jul 2024 |
Baird Luke Junk 55% 1-year accuracy 6 / 11 met price target | 15%upside $170 | Outperform Maintained | 25 Jul 2024 |
Financial journalist opinion
Based on 6 articles about TEL published over the past 30 days