The recent updates on TE Connectivity Ltd. (NYSE:TEL) involve transactions by numerous investment firms. Certain firms like Anchor Capital Advisors LLC, Ieq Capital LLC, Private Advisor Group LLC, and others have decreased their holdings in TEL, while others like NewEdge Wealth LLC, QRG Capital Management Inc., Mn Services Vermogensbeheer B.V. have increased their holdings. Noteworthy transactions also include a $46.68M investment by Principal Financial Group Inc. and $5.94M by Fisher Funds Management LTD. The company's Q1 earnings have beaten estimates, reflecting an increase year on year. However, the stock dropped 0.8% since the last earnings report. Also, TE Connectivity has made moves towards significant financial strategy shifts, signified by a massive €750M Debt Deal. It has been listed among the World's Most Admired Companies by Fortune magazine. Future prospects are interesting due to an upcoming acquisition of Richards Manufacturing in a $2.3B deal.
Te Connectivity Ltd TEL News Analytics from Wed, 12 Jun 2024 07:00:00 GMT to Sat, 01 Mar 2025 12:01:48 GMT -
Rating 3
- Innovation -4
- Information 6
- Rumor -2
