Significant movements and developments of TE Connectivity Ltd. (NYSE:TEL) are noted. The firm has seen an increase in its dividend to $0.59, and it experienced underperformance issues when compared to competitors, despite daily gains. It posted Q2 2024 earnings and forecasts Q3 2024 earnings of $1.85 per share. Institutions have increased their stake in the company, and TE Connectivity is set to change its place of incorporation from Switzerland to Ireland.TE Connectivity's stock hit a new 12-month high at $148.91 due to its strong fundamentals and earnings growth. The stock's performance saw a decline despite solid fundamentals and it is considered a top value stock for the long-term, and as a strong momentum stock. It has been noted that the company's international revenue performance has improved, but there are some issues beyond its promising earnings. The company recently reported Q4 and full-year results for the fiscal year 2023, and expects growth in orders across all segments. TE Connectivity is a strong value stock and has increased its dividend of $0.59. Finally, it recently announced the pricing of $500 million 4.500% senior notes offering.
Te Connectivity Ltd TEL News Analytics from Thu, 14 Nov 2019 08:00:00 GMT to Sat, 18 May 2024 20:13:49 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor -3
