The market sentiment towards TE Connectivity Ltd. ($TEL) has seen a mixture of changes recently. Big names such as Goldman Sachs Group Inc., have sold a significant number of TEL shares while others like United Services Automobile Association and Voleon Capital Management LP have increased their positions. Additionally, the company’s stock has been in a tug of war between various asset management and investment firms, with some boosting their stake and others reducing. TE Connectivity set new 1-year high following a recent dividend announcement of $0.71 per share. Q3 earnings outperformed expectations, with marked growth in revenues, further solidifying its presence in the technology sector. Despite some negativity following a 2.6% drop after the last earnings report, analysts continue to see TEL as a strong growth and value stock. Alternatively, TEL's expected Q4 sales are estimated at US$4.55 billion accompanied by 140% EPS increase. Meanwhile, $TEL has secured a €500M bond deal to fund the acquisition of Richards Manufacturing. This has led to a variety of reactions from investors, with some seeing TEL as a promising long-term value and growth investment.
Te Connectivity Ltd TEL News Analytics from Wed, 22 Jan 2025 08:00:00 GMT to Sun, 14 Sep 2025 00:01:26 GMT - Rating 7 - Innovation 3 - Information 9 - Rumor -1
