FINWIRES · TerminalLIVE
FINWIRES

Research Alert: Te Connectivity Reports Strong Growth, Supported By Ai Demand

By

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

TE Connectivity delivered record adjusted EPS of $2.73 (+24% Y/Y) on sales of $4.74B (+15% reported, +7% organic), exceeding guidance. Industrial Solutions drove performance with $2.32B sales (+27% reported, +17% organic) and 260 bps margin expansion to 21.8%, while Transportation showed resilience with positive reported growth despite automotive headwinds. We view TEL as well positioned in AI infrastructure, though we note expected moderation in Digital Data Networks growth to 46% organic from prior 70%+ rates. Management guided Q3 sales to ~$5.0B (+10% reported, +9% organic) and adjusted EPS to ~$2.83 (+17% Y/Y). Record orders of $5.3B (+25% Y/Y, 1.12x book-to-bill) provide strong forward visibility. We believe operational leverage is evident with adjusted operating margins expanding 130 bps to 21.7% and strong free cash flow of $1.3B enabling $1.2B in shareholder returns. The 10% dividend increase reflects management's confidence in sustainable cash generation.

Related Articles

Research

Research Alert: Bhp Raises Copper Outlook On Escondida Strength, Cuts Unit Costs Significantly

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:BHP delivered solid nine-month operational performance with copper production of 1,460.9kt, down 3% Y/Y, due to lower Escondida grades, while iron ore achieved record production of 196.6Mt, up 2%. Average realized copper prices surged 31% Y/Y to USD5.47/lb, led by AI infrastructure demand and electrification trends, with iron ore averaging USD84.91/wmt, up 2%. Strong operational momentum at key assets including record material mined at Escondida and excellence at WAIO support the investment thesis despite grade headwinds. Management upgraded FY 26 (Jun.) copper guidance to the upper half of the 1,900-2,000kt range, reflecting operational confidence. BHP's disciplined capital management realized USD4.8B through strategic transactions, including the Antamina streaming deal, enabling focus on growth projects. Escondida's unit cost guidance was lowered to USD1.00-1.20/lb, reflecting operational excellence, while the Resolution Copper land exchange milestone advances a major untapped copper resource.

$BHP
Research

Research Alert: CFRA Drops Stars Coverage Of Tripadvisor Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We are dropping analytical coverage of TRIP, an online travel agency, due to a shift in investor focus. Our previous recommendation on shares of TRIP was Hold.

$TRIP
Research

Research Alert: CFRA Drops Stars Coverage Of Six Flags Entertainment Corp

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We are dropping analytical coverage of FUN, an amusement park operator, due to a shift in investor focus. Our previous recommendation was Hold.

$FUN