TE Connectivity Ltd. has garnered investor attention after notable activity, which includes purchase of its shares by key companies and individuals.
Mirae Asset Global Investments Co. Ltd. and
Howland Capital Management made significant acquisitions, while
Sumitomo Mitsui Trust Group bought 722,565 shares. On the other hand,
Foster Victor Wealth Advisors and
KBC Group sold large quantities of TEL shares. Perceived
strength in fundamentals has TE Connectivity viewed as an attractive buy amidst IoT and AI booms. The company completed its change of incorporation to
Ireland recently and announced the pricing of €750 million 3.250%
senior notes offering. In earnings news, TEL's earnings have generally been above estimates. For Q1 2025, it reported strong results, while Q1 2024 saw an
earnings beat but a revenue miss. The company has faced criticism for sluggish
transportation sales, but robust AI-driven growth is expected to counteract it. Within leadership, TEL announced
executive changes with a major stake sold by its president. Lastly, TEL has received consistent recognition, appearing on the
Dow Jones Sustainability Index for the 13th year and was named among
Fortune's Most Admired Companies for an eighth consecutive year.
Te Connectivity Ltd TEL News Analytics from Fri, 19 Apr 2019 18:43:05 GMT to Thu, 13 Feb 2025 14:43:39 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -3
