TE ConnectivityTEL
Market Cap: 47.9B
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 Q1 SEC filings by fund managers ($100M+ AUM)
30% more funds holding in top 10
Funds holding in top 10: 10 [Q4 2023] → 13 (+3) [Q1 2024]
1% more capital invested
Capital invested by funds: $39.9B [Q4 2023] → $40.4B (+$519M) [Q1 2024]
0% less funds holding
Funds holding: 958 [Q4 2023] → 957 (-1) [Q1 2024]
1% less first-time investments, than exits
New positions opened: 90 | Existing positions closed: 91
1.63% less ownership
Funds ownership: 79.51% [Q4 2023] → 77.89% (-1.63%) [Q1 2024]
13% less repeat investments, than reductions
Existing positions increased: 324 | Existing positions reduced: 372
16% less call options, than puts
Call options by funds: $62.2M | Put options by funds: $74.3M
Research analyst outlook
9 Wall Street Analysts provided 1 year price forecasts over the past 6 months
9 analyst ratings
Truist Securities William Stein | 0%downside $156 | Hold Maintained | 25 Jul 2024 |
Baird Luke Junk | 9%upside $170 | Outperform Maintained | 25 Jul 2024 |
HSBC Stephen Bersey | 4%upside $162 | Hold Downgraded | 24 Jul 2024 |
Vertical Research Kevin McCarthy | 1%downside $155 | Hold Initiated | 23 Jul 2024 |
Wells Fargo Colin Langan | 4%downside $150 | Equal-Weight Maintained | 25 Jun 2024 |
Financial journalist opinion
Based on 11 articles about TEL published over the past 30 days