Te Conne Stock Price, News & Analysis

TE Connectivity has announced the pricing of $900 million in senior notes through its subsidiary Tyco Electronics Group. The offering consists of two parts: $450 million in 4.500% senior notes due 2031 at 99.516% issue price, and $450 million in 5.000% senior notes due 2035 at 98.947% issue price. Both notes will pay interest semi-annually.

The proceeds from this offering, along with funds from a concurrent Euro notes offering, will be used for general corporate purposes, including repaying debt from the Richards Manufacturing business acquisition. The offering is expected to close on May 9, 2025.

Eight major financial institutions are serving as joint book-running managers: Barclays Capital, BNP Paribas Securities, BofA Securities, Citigroup Global Markets, Deutsche Bank Securities, Goldman Sachs, J.P. Morgan Securities, and Scotia Capital. The offering is made under an effective registration statement filed on October 1, 2024.

TE Connectivity has announced the pricing of a €500 million senior notes offering through its subsidiary Tyco Electronics Group. The notes, due in 2028, will carry a 2.500% interest rate payable annually and will be issued at 99.610% of face value.

The offering is expected to close on May 6, 2025. The company plans to use the proceeds, along with potential funds from a concurrent USD notes offering, for general corporate purposes, including repaying debt related to the Richards Manufacturing business acquisition.

Eight major financial institutions, including Barclays, BNP PARIBAS, and Goldman Sachs, are serving as joint book-running managers. The offering is made under an effective registration statement filed on October 1, 2024. The notes are specifically targeted at eligible counterparties and professional clients, with no availability to retail investors in the EEA or UK.

TE Connectivity (NYSE: TEL) reported strong fiscal Q2 2025 results, with net sales reaching $4.1 billion, up 4% year-over-year and 5% organically. The company achieved record adjusted EPS of $2.10, increasing 13% from the previous year.

Key highlights include orders of $4.25 billion (up 6%), operating margin of 18.1%, and adjusted operating margin of 19.4%. The Industrial segment showed notable performance with 17% sales growth, driven by AI, aerospace, and energy applications. The company generated $1.5 billion in operating cash flow and $1.1 billion in free cash flow during H1.

For Q3 FY25, TE Connectivity forecasts net sales of approximately $4.30 billion (up 8% YoY) and adjusted EPS of $2.06 (up 8% YoY). The guidance includes benefits from the recently completed Richards Manufacturing Co. acquisition and tariff impact considerations.

TE Connectivity, a global leader in connectors and sensors, has reported substantial progress in its sustainability initiatives, achieving an 80% reduction in Scope 1 and 2 greenhouse gas emissions between September 2020 and October 2024, surpassing its 70% target.

Key achievements in FY2024 include:

• 30% year-over-year reduction in Scope 1 and 2 emissions
• 87% renewable electricity use globally
• 14% reduction in Scope 3 emissions since 2022
• Impact on over 5 million individuals through STEM programs
• Record-low total recordable incident rate of 0.12

The company has set a new zero waste to landfill goal, aiming to divert 98% of operational waste by FY2029. Currently, 28 TE sites are designated as zero waste to landfill facilities. Additionally, 80% of TE sites reported one or fewer recordable injuries, with 61% achieving zero injuries.

TE Connectivity (NYSE: TEL) has announced it will release its second quarter fiscal 2025 financial results on April 23, 2025, before market opening. The company will host an investor conference call at 8:30 a.m. ET the same day.

U.S. participants can join via telephone at (800) 715-9871, while international callers should dial (646) 307-1963. A replay of the conference call will be made available on the company's investor website at investors.te.com starting at 11:30 a.m. ET on April 23, 2025.

TE Connectivity (NYSE: TEL) has completed its acquisition of Richards Manufacturing Co., a North American leader in utility grid products and underground distribution equipment. The strategic acquisition positions TE to leverage the ongoing grid replacement and upgrade cycle in North America, enhancing its global leadership in serving utilities and energy customers.

The Richards management team will continue to operate the acquired business, ensuring operational continuity during the integration process with TE.

TE Connectivity (NYSE: TEL) has announced a significant increase in its quarterly cash dividend, raising it by 9% to $0.71 per ordinary share from the previous $0.65. The dividend will be payable on June 10, 2025, to shareholders of record as of May 21, 2025.

Additionally, during the company's 2025 annual general meeting held on March 12, shareholders approved all agenda items, including the reelection of all 12 board members.

TE Connectivity has been recognized among the Clarivate Top 100 Global Innovators 2025, marking its 12th recognition since the program's inception in 2012. The company demonstrates its commitment to innovation through impressive metrics, including over 15,000 patents granted or pending and an investment exceeding $750 million in research, development and engineering in the last fiscal year.

With a workforce of 9,000 global engineers, TE Connectivity maintains a culture of innovation that drives technological advancement and customer collaboration. The company recently published its annual Industrial Technology Index, providing market insights on innovation management.

The Clarivate Top 100 rankings are determined through the Derwent Strength Index, which evaluates the influence, success, rarity, and investment in inventions. According to Clarivate, innovation has seen an 80-fold increase in volume since 2000, highlighting the significance of this recognition in today's hyperconnected and technologically convergent global marketplace.

TE Connectivity has been recognized among the World's Most Ethical Companies for the 11th consecutive year by Ethisphere in 2025. The company stands as one of only four honorees in the electronics and components industry, among 136 organizations across 19 countries and 44 industries.

The company strengthened its anti-bribery and anti-corruption policies in 2024 and launched a global strategy promoting ethical behavior. Their fourth Ethics Attitude Survey showed improved results in compliance awareness and ethical commitment. The assessment process involved Ethisphere's Ethics Quotient, requiring 240+ proof points on various practices including ethics, compliance, governance, and environmental impact.

This recognition adds to TE's 2025 achievements, including listings in Fortune's World's Most Admired Companies, the Human Rights Campaign Foundation Corporate Equality Index, Military Friendly Company award, and workplace recognition from Top Employers Institute and Great Place to Work organizations.