TE CONNECTIVITY

The London Company trimmed its position in TE Connectivity to manage concentrated exposure to the AI and data center infrastructure buildout while retaining the stock with conviction. The firm cited ongoing demand for connectors and a potential automotive recovery as compelling catalysts. The move reflects portfolio-level risk control amid strong market momentum in AI-related sectors. » More on finance.yahoo.com

Wall Street projects a multitrillion-dollar humanoid robotics market by 2050, and TE Connectivity is positioning to supply specialized connectors, position sensors and power-management components for those robots. The company reported record Q3 2026 revenue of $5.16 billion (up 14% y/y) and adjusted EPS of $2.94 (up 22%), with Industrial Solutions growing 22% on strong demand in AI infrastructure, energy and factory automation. TE's diversified customer base and existing product lines mean it can capture robotics-related demand without relying on any single robot manufacturer. » More on finance.yahoo.com

TE Connectivity reported a record quarter with revenue of $5.16bn (+14% y/y) and adjusted EPS of $2.94, and raised its Q4 outlook (adjusted EPS ~ $3.05, revenue ~ $5.25bn). The stock turned intraday negative (-5.7% to $197.05) as investors took profits and the announced acquisition of Astrodyne TDI for about $1.4bn was judged expensive. Concerns about near-term free cash flow and return on invested capital, plus a downgrade by Evercore, intensified selling pressure. A weak market backdrop and risk aversion in tech and industrial stocks further contributed to the stock's weakness. » More on de.investing.com