TE Connectivity Ltd has seen extensive coverage with a diverse set of developments influencing its performance in the market. Principal Securities Inc., Private Advisor Group LLC, and California Public Employees Retirement System made significant investment while Boston Partners and Raymond James & Associates sold shares. Despite underperformance compared to its competitors on certain days, the stock set a new 1-year high at $148.91. Fiscal year 2024 has seen a decrease in TE Connectivity's Q3 2024 estimated EPS but the company continues to beat earnings estimates. It has consistently paid larger dividends that contributed to its steady growth.
Considered a high-quality stock for its strong fundamentals, TE Connectivity has received a 'moderate buy' consensus recommendation from analysts. Q4 full-year results for fiscal year 2023 showed potential, despite a drop in sales. Surprisingly, insiders sold US$6.1m of shares suggesting caution. New board chairman, Carol 'John' Davidson was elected and the company announced its intent to change place of incorporation from Switzerland to Ireland.
Te Connectivity Ltd TEL News Analytics from Mon, 30 Jan 2023 08:00:00 GMT to Thu, 16 May 2024 18:32:21 GMT - Rating 8 - Innovation 5 - Information 9 - Rumor -5
