TE Connectivity Ltd. (ticker: $TEL) has been the focus of a number of asset managers recently. Public Employee Retirement Fund and Nisa Investment Advisors have both increased their positions in TE Connectivity, contributing to its recent stock surge. Factors fueling the positive momentum around TEL's financial performance include solid growth and margin expansion and its ability to consistently exceed market earnings. Spire Wealth Management, SeaBridge Advisors, and Robeco Institutional Asset Management have all upped their holdings. The Asset Management One Co. Ltd has reported a purchase of 15,400 TEL shares while Allspring Global Investments LLC bought 18,660 shares. Nearly every party seems bullish on TEL, even as short interest rises. TEL’s Delivered sustained performance has recorded a 52-week high, leading several market analysts to proclaim it as a 'buy'. This high-performance trend was seen in Q3 and Q4 earnings and revenues that topped expectations. It's noteworthy that TE Connectivity announced a $0.71 per share quarterly dividend. Even with some reduction in stock positions, overall growth is not being significantly impacted. It’s speculated that the strong performance of TEL is due to its involvement in the undervalued AI Infrastructure sector. TE Connectivity's plans to change its incorporation from Switzerland to Ireland adds another layer of complexity for investors.
Te Connectivity Ltd TEL News Analytics from Wed, 28 Jul 2021 07:00:00 GMT to Sat, 10 Jan 2026 12:09:30 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor -3
