Franklin Resources Inc. and
Sanctuary Advisors LLC increased their stakes in
TE Connectivity Ltd., whereas Barclays PLC and Royal London Asset Management Ltd sold their shares. Further investments were reported by
Wilmington Savings Fund Society FSB,
TCW Group Inc.,
HighTower Advisors LLC, and others. TEL reported a change in place of incorporation to
Ireland. Assessments place TEL as a value stock for the long term, with occasional underperformance compared to the S&P 500 exhibited.
Sam Eldessouky was recently appointed to the TEL Board of Directors. Q4 Earnings show encouraging metrics, with an EPS match on estimates. Shareholders approved proposals at Special General Meeting. For the fiscal year 2024, TEL announced records for operating margin, EPS, and cash generation, though the full year EPS missed expectations. Notably, weak performance signals may be misleading given TELβs strong financial prospects. Dividends remain consistent at $0.65. A SWOT insight into TEL signals a strong strategic position. However, some caution might be sighted as insiders sold US$6.8m of stock.
Te Connectivity Ltd TEL News Analytics from Thu, 14 Mar 2024 07:00:00 GMT to Sat, 14 Dec 2024 14:33:40 GMT -
Rating 5
- Innovation 2
- Information 7
- Rumor -3