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Te Connectivity Ltd TEL - News Analyzed: 3,988 - Last Week: 100 - Last Month: 500

β‡— TE Connectivity Ltd. Sees Mixed Market Activity Amid Rising Dividend and Financial Strength

TE Connectivity Ltd. Sees Mixed Market Activity Amid Rising Dividend and Financial Strength
TE Connectivity Ltd. has seen mixed performance recently when compared with its competitors. Despite receiving a consensus rating of 'Hold' from brokerages, the company's upcoming dividend will be larger than last year's and it has attracted notable positions from entities like the United Services Automobile Association and US Bancorp DE. Q2 2024 earnings have been announced, with some shareholders lessening their positions. A financial strength analysis and SWOT insight show optimistic signs, alongside the higher price target set by brokerages at $153.89. There are mixed opinions regarding investment opportunities in TE Connectivity Ltd., with Orion Portfolio Solutions LLC and Robeco Institutional Asset Management B.V. selling shares. However, Ontario Teachers Pension Plan Board boosted their stake. The company's earnings have beaten estimates, but sales fall year on year. A potential sale of a $2 billion medical unit is being considered, and a relocation to Ireland is announced. Despite some declines, the solid fundamentals seem to present potential for a turnaround.

Te Connectivity Ltd TEL News Analytics from Wed, 26 Jul 2023 07:00:00 GMT to Wed, 29 May 2024 15:00:00 GMT - Rating 5 - Innovation 8 - Information 7 - Rumor -3

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