TE Connectivity ( (TEL) ) just unveiled an update.
On April 1, 2025, TE Connectivity completed the acquisition of Richards Manufacturing Co., a leader in North American utility grid products. This strategic acquisition allows TE Connectivity to enhance its position in the energy sector by leveraging the grid replacement and upgrade cycle in the region, while ensuring business continuity through the retention of Richards’ management team.
More about TE Connectivity
TE Connectivity plc is a global industrial technology leader specializing in connectivity and sensor solutions. The company focuses on advancing next-generation transportation, energy networks, automated factories, data centers, and medical technology. With over 85,000 employees, including 9,000 engineers, TE Connectivity operates in approximately 130 countries.
YTD Price Performance: -0.74%
Average Trading Volume: 1,719,728
Technical Sentiment Signal: Sell
Current Market Cap: $42.16B
For an in-depth examination of TEL stock, go to TipRanks’ Stock Analysis page.