Several recent market events and updates reflect changes in TE Connectivity Ltd. (NYSE:TEL) valuation and share performance. Major financial firms, including Mizuho Securities USA LLC and Charles Schwab Investment Management Inc. , have reportedly adjusted their positions in TEL. Moreover, the company announced that it will be paying an upcoming US$0.65 dividend. TEL completed its incorporation change to Ireland, showing the company's strategic shift. Brokerages have set the TE Connectivity price target at $159.55.
Significantly, TEL has attracted value investors due its robust international revenue trends while also gaining investment interest from firms like Massachusetts Financial Services Co. MA, Nuance Investments LLC, among others. The Swiss National Bank and Sumitomo Mitsui Trust Group Inc., however, have reduced their stock holdings in TEL. The company's Q4 Earnings reports presented critical insights into its financial performance while their full year records displayed considerable growth in operating margin, EPS and cash generation.
Te Connectivity Ltd TEL News Analytics from Fri, 26 Jan 2024 08:00:00 GMT to Sat, 23 Nov 2024 11:13:18 GMT - Rating 6 - Innovation 8 - Rumor -5
