TE Connectivity plc (TEL) Strengthens Long-Term Appeal With AI Expansion and Dividend Boost

Core Insights - TE Connectivity plc (TEL) is recognized as a top long-term investment, particularly due to its strategic focus on AI-related sales growth and commitment to returning capital to shareholders through dividends [1][3]. Group 1: Financial Performance and Strategy - Truist Securities analyst William Stein maintained a Hold rating on TEL and raised the price target to $240 from $239, reflecting a stable outlook for the company [2]. - TEL's management aims to double AI-related sales over the next two years, indicating a strong positioning in the AI supply chain [2]. - The company has projected total sales growth of 6–8%, which is considered moderate [2]. Group 2: Dividend Policy - The board of TE Connectivity approved a quarterly cash dividend of $0.71 per share, payable on March 13, 2026, to shareholders of record at the close of business on February 20, 2026 [3]. - The ex-dividend date is also set for February 20, 2026, demonstrating TEL's ongoing commitment to returning capital to shareholders [3]. Group 3: Company Overview - TE Connectivity is a global industrial technology company that designs, manufactures, and sells connectivity and sensor solutions across various industries, including automotive, aerospace, defense, industrial automation, energy, medical devices, data centers, and communications infrastructure [4].