An update from TE Connectivity ( (TEL) ) is now available.
On May 9, 2025, TE Connectivity‘s subsidiary, Tyco Electronics Group S.A. (TEGSA), issued $900 million in senior notes, with proceeds intended for general corporate purposes, including debt repayment related to the acquisition of Richards Manufacturing. This follows TE Connectivity’s decision to terminate a $1.5 billion 364-Day Senior Credit Facility, effective May 16, 2025, as part of its strategy to manage debt and reduce its commercial paper program capacity.
Spark’s Take on TEL Stock
According to Spark, TipRanks’ AI Analyst, TEL is a Outperform.
TE Connectivity’s overall stock score reflects its strong financial foundation and strategic growth initiatives. The company’s robust profitability and efficient cash flow are significant strengths. However, high valuation and technical indicators showing potential overbought conditions warrant a cautious outlook.
To see Spark’s full report on TEL stock, click here.
More about TE Connectivity
TE Connectivity plc is a global industrial technology leader specializing in connectivity and sensor solutions that support the distribution of power, signal, and data. The company serves various sectors, including transportation, energy networks, automated factories, data centers, and medical technology, with a workforce of over 85,000 employees across approximately 130 countries.
Average Trading Volume: 1,961,218
Technical Sentiment Signal: Strong Buy
Current Market Cap: $44.39B
Learn more about TEL stock on TipRanks’ Stock Analysis page.