Integrated Wealth Concepts LLC Boosts TE Connectivity Ltd. Holdings by 106.5% in Q1
August 10, 2023
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TE ($NYSE:TEL) Connectivity Ltd. (TE) is a leading provider of connectivity and sensor solutions for a wide range of industries, from automotive, aerospace, and consumer goods to medical and energy. The company’s stock has seen strong performance in recent years due to its broad portfolio of products and services, making it a popular choice for investors. This was achieved through a combination of direct stock purchases and the exercise of call options.
The significant increase in Integrated Wealth Concepts LLC’s stake in TE Connectivity Ltd. is an indication of the firm’s confidence in the stock and its future prospects. With TE’s strong performance in recent years and its broad range of products and services, it is likely that the company will continue to be an attractive option for investors in the coming quarters.
Analysis
At GoodWhale, we have conducted an analysis of TE CONNECTIVITY‘s financials. Based on our Star Chart, TE CONNECTIVITY is strong in dividend, profitability, and medium in asset and growth. This type of company may be attractive to investors looking for a more medium-term investment rather than one that delivers quick returns. In addition to its moderate growth potential, TE CONNECTIVITY also has a high health score of 9/10. This is based on its cashflows and debt, indicating that it is a financially healthy company capable of safely riding out any crisis without the risk of bankruptcy. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Te Connectivity. More…
| Total Revenues | Net Income | Net Margin |
| 16.36k | 2.07k | 14.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Te Connectivity. More…
| Operations | Investing | Financing |
| 2.94k | -883 | -1.74k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Te Connectivity. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 21.7k | 10.24k | 36.12 |
Key Ratios Snapshot
Some of the financial key ratios for Te Connectivity are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.2% | 15.4% | 14.5% |
| FCF Margin | ROE | ROA |
| 13.4% | 13.2% | 6.8% |
Peers
The company’s products are used in a variety of industries, including automotive, aerospace, telecommunications, industrial, and consumer electronics. TE Connectivity‘s main competitors are Amphenol Corp, Littelfuse Inc, Rexel SA, and other smaller companies. The company has a strong market position and offers a wide range of products.
However, its competitors are also well-established and offer similar products.
– Amphenol Corp ($NYSE:APH)
Amphenol Corp is a worldwide electronics manufacturer. They have a market cap of 43.95B as of 2022 and a Return on Equity of 23.34%. The company designs, manufactures, and markets electrical, electronic, and fiber optic connectors, interconnect systems, and coaxial and high-speed specialty cable.
– Littelfuse Inc ($NASDAQ:LFUS)
Littelfuse is a global manufacturer of circuit protection devices. Its products are used in a variety of industries, including automotive, consumer electronics, industrial, and telecommunications. The company has a market cap of 5.37B and a ROE of 13.41%.
– Rexel SA ($OTCPK:RXEEY)
As of 2022, Rexel SA has a market cap of 5.33B and a Return on Equity of 14.71%. The company is a leading distributor of electrical supplies and equipment. It operates in over 30 countries and serves a wide range of customers, from large corporates to small businesses. Rexel is committed to providing quality products and services, and to being a responsible corporate citizen.
Summary
This 106.5% increase demonstrates investor confidence in the company’s potential for profitability and a strong return on investment. Financial analysts suggest that TE Connectivity has strong fundamentals such as a strong balance sheet, positive cash flows, and a solid dividend yield. Long term investors are likely to view TE Connectivity as an attractive option, while short-term traders may take advantage of the volatility caused by macroeconomic conditions. Overall, TE Connectivity’s potential for long-term profits and consistent dividends is likely to remain attractive to investors.
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