TE Connectivity Ltd. (TEL) has recently seen significant increases and decreases in stake holding by multiple investment groups and banks. Cascade Investment Group Inc. and Commerzbank Aktiengesellschaft FI have taken considerable stock holding positions, while DAVENPORT & Co LLC and ASR Vermogensbeheer N.V have cut their stakes. TEL has also been consistently upgraded by analysts, recently gaining a 'Strong-Buy' rating from Barclays. Moreover, TEL has seen a surge in growth causing it to set new 52-week highs multiple times. Its Q3 earnings were able to surpass estimates, leading to increased revenues compared to the previous year. Upcoming Q4 sales are expected to reach US$4.55 billion with an impressive 140% expected EPS increase. In addition, TEL has secured a €500M bond deal at 2.5% to fund the purchase of Richards Manufacturing, indicating strong forward movement.
Te Connectivity Ltd TEL News Analytics from Sat, 19 Apr 2025 07:00:00 GMT to Sat, 11 Oct 2025 11:08:12 GMT -
Rating 8
- Innovation -1
- Information 7
- Rumor -2
