On August 4, TE Connectivity rose 3.11% in regular trading, trading at $211.62/share, with turnover of $85.56 million. The stock was lifted by a broad-based rally across the Electronic Manufacturing Services sector, combined with continued positive sentiment from its recent earnings beat.

The sector saw significant strength, with peers Fabrinet surging 14.49%, TTM Technologies gaining 9.51%, Flex rising 7.14%, and Celestica climbing 6.27%, reflecting renewed capital inflows into the industry on improved business outlook. Meanwhile, the market continues to digest TE Connectivity's fiscal Q3 results reported on July 22, which showed net sales of $5.16 billion exceeding the $5.01 billion consensus estimate, representing 14% year-over-year growth. Adjusted EPS came in at $2.94, beating estimates by 3.52%. The company also issued upbeat Q4 guidance with adjusted EPS of approximately $3.05, above the $2.97 FactSet consensus. Additionally, the company announced a roughly $1.4 billion acquisition of Astrodyne TDI to expand its product portfolio.

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