In the recent past, several important developments and events have happened at
TE Connectivity Ltd. The company saw a
40.7% decrease in short interest in October and it expects its earnings to increase.
Boston Trust Walden Corp reduced its holdings, suggesting that some investors may feel the company's returns have stagnated. The company also completed a change in its place of incorporation to
Ireland, perhaps for tax purposes or strategic reasons. They will report their first quarter financial results for 2023 on January 25. Despite a hold rating, there are indications that
TE Connectivity Ltd. is a good investment due the decent
79% return over the last five years. However, the EVP & General Counsel
John Jenkins has sold 6,149 shares, possibly signaling caution. The company announced a dividend of
$0.65. Despite all these, the company's stock was still down by
2.5% from the last earnings report. It also announced its intent to change its place of incorporation from
Switzerland to
Ireland, and appointed
Sam Eldessouky to the
Board of Directors. The company also saw a drop in stock value and performed under the market.
Te Connectivity Ltd TEL News Analytics from Fri, 19 Apr 2019 18:43:05 GMT to Sat, 26 Oct 2024 16:50:16 GMT -
Rating 4
- Innovation -2
- Information 8
- Rumor -1