TE Connectivity's share buyback is still lifting earnings per share. Over the three fiscal years to September 2026, diluted earnings per share grew 22.5% a year, against 19.4% annual growth in net income. The share count fell 7.3% over that period, to 291 million in fiscal 2026. The buyback is funded by cash from the business. In fiscal 2026, free cash flow was 1.2 times what TE spent on buybacks and dividends, and revenue rose 15.2% over the latest twelve months. Acquisitions are also drawing on that cash. Management committed almost half of fiscal 2026 free cash flow to bolt-on deals in Industrial Solutions, and expects the Astrodyne TDI acquisition to close by the end of fiscal Q1 2027. Buyback spending in that quarter, due in January 2027, is the number to watch.

TE Connectivity reported record fourth-quarter net sales of $5.3 billion, up 12% year over year, driven by growth in its Industrial and Transportation segments. Adjusted earnings per share rose 21% to $3.14, and orders climbed 29% to $6.1 billion. For the fiscal year ended September 25, 2026, sales rose 15% to $19.9 billion. Adjusted earnings per share grew 24% to $11.52, and free cash flow was $3.4 billion. The company returned about $2.8 billion to shareholders and committed $1.6 billion to bolt-on acquisitions in its Industrial segment, to broaden its optics and power filtering portfolios. Chief executive officer Terrence Curtin credited demand tied to customers' AI investments. For the first quarter of fiscal 2027, TE expects sales of about $5.35 billion, up 15%, and expects double-digit sales growth for the full year.

Commerzbank Aktiengesellschaft FI acquired a new stake in shares of TE Connectivity Ltd. (NYSE:TEL – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 31,833 shares of the electronics maker’s stock, valued at approximately $6,418,000. A number […]