TE Connectivity Ltd. (NYSE: TEL) has had an eventful period over the last couple of years with its shares showing significant growth and various financial dynamics in place. It has been named to the prestigious
Dow Jones Sustainability Index for 13 consecutive years, signaling a commitment to sustainable business practices. The company continues to post impressive fiscal results, with full-year records for operating margin, EPS, and cash generation. There have been notable transactions among shareholders including
Everence Capital Management Inc.,
Central Pacific Bank Trust Division, and
JPMorgan Chase & Co. TE Connectivity has also completed a change in its place of incorporation, now being based in Ireland. Despite strong profitability, there have been speculations over some underlying issues within the company. Recent strategic moves such as appointing
Sam Eldessouky to the Board of Directors have been made to strengthen its management team. Furthermore, the company announced a raise in share buyback by $2.5 billion and has reportedly mulled a $2 billion sale of its medical unit. Despite strong performance, concerns of TEL underperforming the S&P 500 have been expressed. Lastly, TE Connectivity has taken steps in restructuring and making executive changes.
Te Connectivity Ltd TEL News Analytics from Thu, 04 Jun 2015 20:23:35 GMT to Sat, 04 Jan 2025 09:22:04 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 2
