TE Connectivity (TEL)

• Market cap: $44.4B
• 1 day: 1.77%
• 5 days: 4.76%
• 1 month: 2.91%
• 3 months: 0.39%
• 6 months: -3.03%
• Year to date: 5.45%
• 1 year: 11.34%
• 5 years: 49.05%
• 10 years: 136.37%
• Sector: Industrials
• Industry: Electronic Parts & Equipment

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: 87,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

92% more call options, than puts

Call options by funds: $114M | Put options by funds: $59.1M

2% more repeat investments, than reductions

Existing positions increased: 336 | Existing positions reduced: 328

10% less funds holding

Funds holding: 995 [Q2] → 892 (-103) [Q3]

11.47% less ownership

Funds ownership: 93.51% [Q2] → 82.03% (-11.47%) [Q3]

13% less capital invested

Capital invested by funds: $43.1B [Q2] → $37.6B (-$5.49B) [Q3]

45% less funds holding in top 10

Funds holding in top 10: 11 [Q2] → 6 (-5) [Q3]

54% less first-time investments, than exits

New positions opened: 75 | Existing positions closed: 163

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $137 8% downside
• Avg. target: $144 3% downside
• High target: $151 2% upside

2 analyst ratings

• positive: 0 0%
• neutral: 1 50%
• negative: 1 50%

Wells Fargo Colin Langan 21% 1-year accuracy 7 / 33 met price target	2% upside $151	Equal-Weight Maintained	16 Dec 2024
HSBC Stephen Bersey 67% 1-year accuracy 10 / 15 met price target	8% downside $137	Reduce Downgraded	31 Oct 2024