TE Connectivity (TEL) Surged Following Strong Performance

Impax Asset Management, an investment management company, released its “Impax Global Environmental Markets Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. Global equities saw strong gains in Q3 2025, driven by solid macroeconomic conditions, rising corporate earnings, fiscal stimulus, and banking deregulation. However, the focus on hypergrowth, cyclical, and value stocks posed challenges for quality-focused investors, leading to increased market concentration. The portfolio moved higher, returning 4.55% in the quarter, but underperformed its primary benchmark, the MSCI ACWI index, which returned 7.62%. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2025.

In its third-quarter 2025 investor letter, Impax Global Environmental Markets Fund highlighted stocks such as TE Connectivity Ltd. (NYSE:TEL). TE Connectivity Ltd. (NYSE:TEL) manufactures and sells connectivity and sensor solutions. The one-month return of TE Connectivity plc (NYSE:TEL) was 3.19%, and its shares gained 59.38% of their value over the last 52 weeks. On December 24, 2025, TE Connectivity plc (NYSE:TEL) stock closed at $231.90 per share, with a market capitalization of $68.308 billion.

Impax Global Environmental Markets Fund stated the following regarding TE Connectivity plc (NYSE:TEL) in its third quarter 2025 investor letter:

“TE Connectivity plc (NYSE:TEL) (Advanced Road Vehicles & Devices, US) generated strong performance in Q3, as faster-than-expected data centre and energy utility revenue growth, as well as margin expansion from their Industrial Solutions segment, facilitated very strong quarterly results.”

TE Connectivity plc (TEL): How Its Sensor Solutions Power the Future of AI Infrastructure

TE Connectivity plc (NYSE:TEL) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 60 hedge fund portfolios held TE Connectivity plc (NYSE:TEL) at the end of the third quarter, up from 47 in the previous quarter. While we acknowledge the risk and potential of TE Connectivity plc (NYSE:TEL) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TE Connectivity plc (NYSE:TEL) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered TE Connectivity plc (NYSE:TEL) and shared Janus Henderson Global Sustainable Equity Fund’s views on the company. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.