TE Connectivity Ltd (TEL) has been having a lot of activity within their stock portfolios among different investors. Several companies and holders, including Ninety One UK Ltd, Ninety One North America Inc., and Legacy Wealth Asset Management LLC, have either sold or reduced their stock positions, while others like VIRGINIA RETIREMENT SYSTEMS ET Al, and Vontobel Holding Ltd. boosted their holdings. While some stockholders reduce their position, investor confidence in TEL's sustained growth and margin expansion stay positive, partly due to their strong AI expansion, which strengthens their long-term appeal. A significant rise in short interest was noted, and analyst ratings of the company average at a 'moderate buy'.
\n\nThe company recently surged following strong performance, hitting a 52-week high, a sign of continued strength in the stock’s trend. Despite a 2.6% loss since the last earnings report, the overall stock strength of TE Connectivity looks resilient. The shares rose on reports of Q4 earnings beating estimates, which further boosted investor sentiment. Along with this, AI and EV demand have contributed significantly to the company's surge. TE Connectivity also plans to change its place of incorporation from Switzerland to Ireland.
Te Connectivity Ltd TEL News Analytics from Wed, 01 Nov 2023 07:00:00 GMT to Fri, 02 Jan 2026 20:38:31 GMT - Rating 8 - Innovation 9 - Information 9 - Rumor 6
