In an overall positive view of TE Connectivity Ltd. (TEL), news update reveals several critical insights. Leading investment firms have increased their holdings in TEL. Compass Wealth Management has bought 17,869 shares, and Goelzer Investment Management inc. has acquired 60,593 shares. Financial institutions predicting strong price appreciation include Wells Fargo & Company and Robert W. Baird.
TE Connectivity consistently surpassed earnings estimates, with Q1 2025 shown to beat expectations. Earnings guidance for Q1 2025 and Q2 2025 has been released, indicating positive future performance. The company's stock has been raised to 'Hold' at HSBC, with new price targets of $165.00 at Citigroup, $163.00 at Truist Financial, and $170.00 at Bank of America.
Significant investments by Grove Bank & Trust and MassMutual Private Wealth & Trust FSB suggest strong confidence in TEL's growth potential. Changes in place of incorporation to Ireland and recognition in Dow Jones Sustainability Index reinforce the positive outlook. Despite some reports of missed earnings expectations and currency headwinds, the general consensus is bullish for TEL's prospects.
Te Connectivity Ltd TEL News Analytics from Wed, 24 Apr 2024 07:00:00 GMT to Sat, 25 Jan 2025 14:47:59 GMT - Rating 7 - Innovation 4 - Information 6 - Rumor -3
