Royal London Asset Management Ltd. and
Baird Financial Group Inc. have significantly increased their holdings in
TE Connectivity Ltd. (NYSE:TEL). The increased interest from established financial institutions indicates confidence in the company’s future growth.
TE Connectivity recently had its annual shareholder meeting and announced an upcoming dividend which is set to be larger than the previous year's, a promising sign for investors. However,
TE Connectivity has also seen some underperformance in their stock compared to competitors recently, which may be concerning to potential shareholders. Despite this, various investment groups have made significant investments in the company, which may indicate a strong financial future. The announcement of the company's intent to change its place of incorporation from Switzerland to Ireland may also impact
TE Connectivity's operations and financial performance. Finally, the company announced its Q2 earnings, with sales falling year-on-year, but still beating estimates, and its Q1 earnings were also above estimates, despite a fall in sales. The company's five-year earnings growth also trails the shareholder returns.
Te Connectivity Ltd TEL News Analytics from Fri, 13 Oct 2023 07:00:00 GMT to Sun, 16 Jun 2024 22:21:47 GMT -
Rating 0
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- Information 2
- Rumor -4
