TE Connectivity Ltd. (NYSE:TEL), received mixed ratings from analysts with an average recommendation of 'hold'. The firm is set to pay a dividend of $0.65 and witnessed strong trading performances, frequently outperforming competitors. Significant trading activities were reported among many institutional investors such as Meyer Handelman Co., Nomura Holdings Inc., and Banque Cantonale Vaudoise who adjusted their stakes in TE Connectivity. Notable changes include Massmutual Trust Co. and SageView Advisory Group LLC made new investments; Perpetual Ltd and GAMMA Investing LLC increased their stakes. However, the stock often underperformed when compared to competitors despite daily gains. They reported their Q2 2024 earnings and announced intent to change their place of incorporation from Switzerland to Ireland. Analysts noted TE Connectivity's five-year earnings growth has trailed shareholder returns. Various actions taken by insiders, such as shareholders approving proposals in special general meetings and the selling of shares by President, Transportation Sol. Steven Merkt were also reported.
Te Connectivity Ltd TEL News Analytics from Fri, 13 Oct 2023 07:00:00 GMT to Sun, 23 Jun 2024 10:33:56 GMT -
Rating 5
- Innovation 4
- Information 6
- Rumor -7
