It also relies on millions of high-density connectors, backplane interconnects, and power-filtering devices to connect rack-level structures, areas where TE Connectivity plc (NYSE:TEL) holds a significant bottleneck position. The company’s fiscal third-quarter 2026 report showed this demand in real time, with record top-line performance, order velocity, and profitability. Moreover, to back up its power-handling portfolio, TE Connectivity plc (NYSE:TEL) signed a $1.4 billion formal agreement to acquire Astrodyne TDI. While both figures show robust double-digit growth, they represent a significant slowdown from the 27% order growth and 22% earnings expansion experienced in the third quarter. According to Insider Monkey’s Q1 2026 hedge fund database, 72 top funds held stakes in TE Connectivity plc (NYSE:TEL) at quarter-end, up considerably from 62 funds in the fourth quarter of 2025.