TE Connectivity(NYSE) TEL

TE Connectivity plc makes parts that connect power and data. These products help cars, factories, and data centers run reliably. The company helps engineers build smarter vehicles and energy networks.

What TE Connectivity Makes

• Transportation Solutions: Connectors and sensors for cars and heavy trucks; represents 50% of net sales in the third quarter of fiscal 2026.
• Industrial Solutions: Products for data centers, energy grids, and medical devices; accounts for 50% of net sales in the third quarter of fiscal 2026.
• Digital Data Networks: Solutions for artificial intelligence and high-speed communication; part of the Industrial Solutions segment.
• Energy and Automation: Hardware that strengthens power grids and automates factory floors; serves global infrastructure and manufacturing markets.

Building for the Future

• Entered a definitive agreement to acquire Astrodyne TDI for approximately $1.4 billion on July 22, 2026.
• Integrated Richards Manufacturing following its acquisition on April 1, 2025, to expand energy sector capabilities.
• Acquired a new business for $200 million during the first nine months of fiscal 2026.
• Increased the authorized share repurchase program by $3.0 billion during the first nine months of fiscal 2026.

Why the Company Stands Out

TE Connectivity uses its global manufacturing footprint to improve productivity and maintain competitiveness. Its portfolio focuses on high-growth areas like grid hardening, which involves strengthening electrical systems against damage, and data center applications.

The Financial Scorecard

• Net sales reached $5.16 billion in the third quarter of fiscal 2026, up 13.8% year over year.
• Organic net sales, which exclude currency and acquisition impacts, rose 12.2% in the third quarter of fiscal 2026.
• Operating income reached $981 million in the third quarter of fiscal 2026, up $124 million year over year.
• Net cash provided by operating activities was $2,997 million for the first nine months of fiscal 2026.
• Total debt stood at $5,632 million as of June 26, 2026.

Evolution of Connectivity

TE Connectivity has transitioned from a general components manufacturer to a specialist in high-growth technology fields. Its focus on electric vehicles and artificial intelligence infrastructure supports steady growth across diverse global markets.