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Allianz SE and other firms boost stakes in TE Connectivity, following strong earnings and dividend news.
Allianz SE and other investment firms have increased their stakes in TE Connectivity Ltd. (TEL), an electronics manufacturer.
TEL recently reported earnings of $1.95 per share, beating estimates by $0.06, with a market cap of $42.38 billion.
The company has also declared a quarterly dividend of $0.71 per share, yielding 2.00%.
Analysts predict TEL will post 8.05 EPS for the year.
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Allianz SE y otras empresas impulsan la participación en TE Connectivity, tras fuertes ganancias y noticias de dividendos.