TE Connectivity Ltd (TEL) continues to demonstrate solid
value for investors, emphasizing its position as a
strong growth stock. The company notably secured
€500M Bond Deal at 2.5% to fund Richard Manufacturing Purchase, along with pricing an additional
$900 million senior notes offerings and €750 million 3.250% senior notes. The
dividend has increased to $0.71, attracting shareholders. TEL displayed strong
second quarter results, with earnings surpassing estimates and revenues beating predictions. Furthermore, the company has completed a change in the place of incorporation to
Ireland, and announced first and third quarter results for fiscal year 2024 and 2025, respectively. Its
balance sheet health is sound and TEL continues to uphold impactful growth while facing market challenges. The company is also recognized for its sustainability efforts, making it to the Dow Jones Sustainability Index for the 13th year, and managed a strategic acquisition, taking over Richards Manufacturing. Despite hitting a 52-week low at $137.37, TEL's stock has weathered market fluctuations significantly well than competitors.
Te Connectivity Ltd TEL News Analytics from Fri, 21 Jul 2017 06:47:51 GMT to Fri, 16 May 2025 13:40:10 GMT -
Rating 8
- Innovation 9
- Information 8
- Rumor -2
