TE Connectivity Ltd (NYSE: TEL) has experienced a complex pattern of investment activities as per recent news. Multiple entities such as KBC Group NV, Robeco Institutional Asset Management B.V. and Foster Victor Wealth Advisors LLC have decreased their stakes in the company. Simultaneously, firms like SG Americas Securities LLC or Forsta AP Fonden have increased their stakes. Furthermore, a shift has also been noted with insider selling as a (NYSE:TEL) insider offloaded 3,889 shares. TE Connectivity announced the issuance of €750 million Senior Notes and the change of the place of incorporation to Ireland. In terms of performance, the company's Q1 earnings surpassed estimates despite anticipated sluggishness in transportation sales. Value investors might find interest in TE Connectivity as it's considered a strong value stock. The company also raised the price target to $155.00 with Bank of America raising to $170.00. TE Connectivity is leveraging the AI boom and there has been a forecast of strong price appreciation. However, the company faces currency headwinds.
Te Connectivity Ltd TEL News Analytics from Thu, 25 Apr 2024 07:00:00 GMT to Sat, 01 Feb 2025 11:00:35 GMT -
Rating 5
- Innovation 3
- Information 6
- Rumor -2
