TE Connectivity Ltd. (TEL) has seen considerable activity in share transactions, with notable funds such as
State Street Corp acquiring significant stocks, while others like
Captrust Financial Advisors have reduced their shares. Similarly, several financial trusts and institutions including
Chevy Chase Trust Holdings,
Hotchkis & Wiley Capital Management, and
Royal London Asset Management have adjusted their positions in the company. Notably, TEL underwent a legal restructuring to change their place of incorporation to
Ireland. There also has been board-level changes with
Sam Eldessouky being appointed to the company's Board of Directors. TEL's Q4 earnings report had a mixed response, potentially causing some fluctuation in stock value. Yet, TEL's overall valuation is buoyed by the decision to pay a
dividend of $0.65, indicating confidence in the company's performance. Additionally, speculative growth in the company’s AI chip manufacturing sector could add value in the future.
Te Connectivity Ltd TEL News Analytics from Thu, 14 Mar 2024 07:00:00 GMT to Sat, 07 Dec 2024 12:09:38 GMT -
Rating 5
- Innovation 2
- Information 8
- Rumor -5
