TE Connectivity is a $12 billion global industrial technology leader creating a safer, sustainable, productive and connected future. Its broad range of connectivity and sensor solutions, proven in the harshest environments, enable advancements in transportation, industrial applications, medical technology, energy, data communications and the home. With approximately 80,000 employees, including more than 7,500 engineers, working alongside customers in approximately 140 countries, TE ensures that EVERY CONNECTION COUNTS.
Company profile
Ticker
TEL
Exchange
Website
CEO
Terrence Curtin
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Tyco Electronics Ltd.
SEC CIK
Corporate docs
Subsidiaries
TE Connectivity Argentina S.R.L. • Grangehurst Enterprises Pty. Ltd. • TE Connectivity Australia Pty Ltd • Tyco Electronics Austria GmbH • TE Connectivity Atlantic Holding Ltd. • TE Connectivity Belgium BV • Tyco Electronics Holdings • ERNI Eletrônicos do Brasil Ltda. • Seacon Produtos e Servicos Opticos e Eletricos Ltda. • TE Connectivity Brasil Indústria de Eletrônicos Ltda. ...
IRS number
980518048
TEL stock data
Analyst ratings and price targets
Current price
Average target
$130.25
Low target
$123.00
High target
$138.00
Evercore ISI Group
Downgraded
$130.00
JP Morgan
Maintains
$130.00
Credit Suisse
Initiated
$123.00
RBC Capital
Maintains
$138.00
Latest filings (excl ownership)
424B2
Prospectus for primary offering
31 Jan 23
FWP
Free writing prospectus
30 Jan 23
424B2
Prospectus for primary offering
30 Jan 23
10-Q
2023 Q1
Quarterly report
27 Jan 23
8-K
TE Connectivity announces first quarter results for fiscal year 2023
25 Jan 23
ARS
2022 FY
Annual report to shareholders
18 Jan 23
DEFA14A
Additional proxy soliciting materials
18 Jan 23
DEF 14A
Definitive proxy
18 Jan 23
PRE 14A
Preliminary proxy
21 Dec 22
8-K
Amendments to Articles of Incorporation or Bylaws
12 Dec 22
Transcripts
TEL
Earnings call transcript
2023 Q1
25 Jan 23
TEL
Earnings call transcript
2022 Q4
2 Nov 22
TEL
Earnings call transcript
2022 Q3
27 Jul 22
TEL
Earnings call transcript
2021 Q2
27 Apr 22
TEL
Earnings call transcript
2022 Q1
26 Jan 22
TEL
Earnings call transcript
2021 Q4
27 Oct 21
TEL
Earnings call transcript
2021 Q3
28 Jul 21
TEL
Earnings call transcript
2021 Q2
21 Apr 21
TEL
Earnings call transcript
2021 Q1
27 Jan 21
TEL
Earnings call transcript
2020 Q4
28 Oct 20
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Revenue | |||||
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Sep 22 | Sep 21 | Sep 20 | Sep 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 793.00 mm | 793.00 mm | 793.00 mm | 793.00 mm | 793.00 mm | 793.00 mm |
| Cash burn (monthly) | 98.33 mm | 15.75 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 105.65 mm | 16.92 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 687.35 mm | 776.08 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 7.0 | 49.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
87.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 832 |
| Opened positions | 88 |
| Closed positions | 76 |
| Increased positions | 311 |
| Reduced positions | 273 |
| 13F shares | Current |
|---|---|
| Total value | 30.42 bn |
| Total shares | 275.47 mm |
| Total puts | 250.95 k |
| Total calls | 223.39 k |
| Total put/call ratio | 1.1 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 27.94 mm | $3.08 bn |
| BLK Blackrock | 20.40 mm | $2.25 bn |
| Capital World Investors | 18.85 mm | $2.08 bn |
| Dodge & Cox | 16.91 mm | $1.87 bn |
| T. Rowe Price Investment Management | 15.49 mm | $1.71 bn |
| Clearbridge Advisors | 11.04 mm | $1.22 bn |
| JHG Janus Henderson | 7.95 mm | $877.02 mm |
| Harris Associates L P | 7.45 mm | $822.14 mm |
| T. Rowe Price | 7.15 mm | $789.63 mm |
| AMP Ameriprise Financial | 6.68 mm | $738.20 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 12 Dec 22 | Terrence R Curtin | Common Shares | Sell | Dispose S | No | Yes | 121.92 | 31,396 | 3.83 mm | 54,969 |
| 8 Dec 22 | Terrence R Curtin | Common Shares | Payment of exercise | Dispose F | No | No | 122.17 | 24,155 | 2.95 mm | 86,365 |
| 8 Dec 22 | Terrence R Curtin | Common Shares | Grant | Acquire A | No | No | 0 | 55,551 | 0.00 | 110,520 |
| 8 Dec 22 | Aaron Kyle Stucki | Common Shares | Payment of exercise | Dispose F | No | No | 122.17 | 1,303 | 159.19 k | 17,292 |
| 8 Dec 22 | Aaron Kyle Stucki | Common Shares | Grant | Acquire A | No | No | 0 | 3,308 | 0.00 | 18,595 |
| 8 Dec 22 | Mitts Heath A | Common Shares | Payment of exercise | Dispose F | No | No | 122.17 | 6,776 | 827.82 k | 37,581 |
| 8 Dec 22 | Mitts Heath A | Common Shares | Grant | Acquire A | No | No | 0 | 16,194 | 0.00 | 44,357 |
| 8 Dec 22 | Merkt Steven T | Common Shares | Payment of exercise | Dispose F | No | No | 122.17 | 6,185 | 755.62 k | 56,438 |
| 8 Dec 22 | Merkt Steven T | Common Shares | Grant | Acquire A | No | No | 0 | 14,877 | 0.00 | 62,623 |
News
»TE Connectivity Q1 EPS $1.53 Beats $1.51 Estimate, Sales $3.84B Beat $3.76B Estimate
25 Jan 23
Earnings Scheduled For January 25, 2023
25 Jan 23
TE Connectivity's Earnings Outlook
24 Jan 23
If You Invested $100 In This Stock 15 Years Ago, You Would Have $400 Today
23 Jan 23
Benzinga's Top Ratings Upgrades, Downgrades For January 19, 2023
19 Jan 23
Press releases
TE Connectivity announces pricing of $500 million 4.500% senior notes offering
30 Jan 23
TE Connectivity announces first quarter results for fiscal year 2023
25 Jan 23
TE Connectivity's inaugural Industrial Technology Index examines corporate innovation culture
9 Jan 23
TE Connectivity to hold annual general meeting of shareholders March 15, 2023
5 Jan 23
TE Connectivity to report first quarter financial results on Jan. 25, 2023
4 Jan 23