TE Connectivity Surges to 288th in Trading Volume with $32.1 Million Turnover

On May 29, 2025, TE Connectivity (TEL) saw a significant increase in trading volume, with a turnover of $32.1 million, marking an 82.65% rise from the previous day. This surge placed TE Connectivity at the 288th position in terms of trading volume for the day. The stock price of TE Connectivity rose by 0.79%.

TE Connectivity recently announced a 9% increase in its quarterly cash dividend, raising it to $0.71 per share. This decision was made by the company's board of directors, reflecting a commitment to returning value to shareholders.

TE Connectivity is set to present at Bernstein's 41st Annual Strategic Decisions Conference, scheduled to begin at 8:00 AM ET on May 29, 2025. The event will provide an opportunity for the company to share its strategic vision and growth plans with investors and analysts.

Future Electronics has strengthened its partnership with TE Connectivity, aiming to drive further growth and deliver cutting-edge connectivity solutions. This collaboration underscores TE Connectivity's commitment to innovation and market leadership.

Jefferies Financial Group Inc. recently acquired 31,165 shares of TE Connectivity, following the company's earnings report on April 23rd. The electronics maker reported earnings of $2.10 per share, highlighting its strong financial performance.

Wall Street Zen has adjusted its rating for TE Connectivity, lowering it from a "buy" to a "hold." This change in rating may influence investor sentiment and trading activity for the stock.