TE Connectivity Ltd. (TEL), stock showed mixed performance recently, underperforming on certain days but also consistently outperforming competitors despite losses. The company saw
changes in share ownership indicating dynamism within investors. Several notable sales transactions involve the
CFO and
SVP, with sales values over $9 million and $450k principally. However, purchasing activity also continued such as Swedbank AB acquiring over 70k shares and new positions being taken by Ascent Group LLC and Norden Group LLC amongst others.
Analysts’ ratings received weekly updates and coverage at StockNews.com, and multiple price target raises occurred, notably by
Bank of America and Robert W. Baird to $170.00. The company announced pricing of
$350 million 4.625% senior notes offering and its intent to change incorporation place from Switzerland to Ireland, presented its
fiscal year 2024 Q2 and Q3 results alongside earnings call transcripts. An
increased dividend was announced, set to be $0.65, and the approval of proposals at a Special General Meeting was reported. A Strategic SWOT Insight revealed potential concerns beyond the promising earnings, while an upgraded rating signifies strengthening fundamentals.
Te Connectivity Ltd TEL News Analytics from Wed, 01 Nov 2023 07:00:00 GMT to Sun, 04 Aug 2024 05:25:45 GMT -
Rating 5
- Innovation 6
- Information 7
- Rumor 0
