TE Connectivity Ltd. has experienced several significant financial events lately. Major shareholders, such as Los Angeles Capital Management and Tortoise Capital Advisors, have liquidated large portions of their TEL holdings. Simultaneously, entities like First Pacific Advisors and Van ECK Associates have increased their stake in the company. Q2 and Q3 2024 earnings have been announced, shedding light on the company's financial health and raising questions about its stock performance. A dividend of $0.65 has been announced. Significant strategic maneuvers include the plan to change the company's incorporation from Switzerland to Ireland and the pricing of a $350 million 4.625% senior note offering. The company's five-year earnings growth trail shows a 72% increase for those who invested five years ago. The stock recently hit a 52-week high of $159.825. TEL's performance has generated various analytical reports, with Brokerages setting an average price target of $158.45. Lastly, insiders, including the EVP & General Counsel and the President of Transportation Solutions, sold a significant amount of shares.
Te Connectivity Ltd TEL News Analytics from Wed, 18 Feb 2015 08:00:00 GMT to Sun, 08 Sep 2024 10:46:46 GMT -
Rating 5
- Innovation 3
- Information 9
- Rumor -4