There's significant interest in TE Connectivity Ltd (TEL) recently, with numerous transactions, such as sales and purchases of stock by various asset management firms, and insider activity. The company's stock performance has been strong, outperforming competitors and achieving new 52-week highs. There's also been a general improvement in the company's financials and reported dividends, which have increased compared to last year. Despite some slight underperformance on certain trading days, experts see potential in TEL. It also recently announced an additional $1.5 billion share repurchase and a recommended dividend increase. However, there are some concerns regarding TEL's heavy debt and, analysts currently have a consensus rating of “Hold” for the company. TEL has also drawn attention for a significant corporate change, announcing its intention to change its place of incorporation from Switzerland to Ireland, and discussions of a $2 billion sale of its medical unit.
Te Connectivity Ltd TEL News Analytics from Wed, 26 Jul 2023 07:00:00 GMT to Sun, 02 Jun 2024 16:29:06 GMT - Rating 6 - Innovation 3 - Information 7 - Rumor -4
