S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities

Compare Stocks

Comparative Price Performance Over Time

Compare Stocks - Price & Volume

CompanyCurrent Price50-Day Moving Average52-Week RangeMarket CapBetaAvg. VolumeToday's Volume
Arrow Electronics, Inc. stock logo
ARW
Arrow Electronics
$121.76
-0.2%
$121.27
$108.51
$147.42
$6.57B1.41542,087 shs305,846 shs
Avnet, Inc. stock logo
AVT
Avnet
$46.66
+0.3%
$47.20
$39.64
$51.65
$4.22B1.24568,654 shs421,306 shs
Ituran Location and Control Ltd. stock logo
ITRN
Ituran Location and Control
$25.05
+0.1%
$26.88
$20.35
$31.01
$498.35M1.1755,202 shs21,381 shs
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
$140.55
+0.0%
$142.65
$115.00
$147.98
$43.66B1.392.13 million shs4.12 million shs
Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report

Price Performance

Company1-Day Performance7-Day Performance30-Day Performance90-Day Performance1-Year Performance
Arrow Electronics, Inc. stock logo
ARW
Arrow Electronics
-0.23%-2.00%+2.44%+4.22%+6.94%
Avnet, Inc. stock logo
AVT
Avnet
+0.26%-1.21%-0.72%-1.93%+11.89%
Ituran Location and Control Ltd. stock logo
ITRN
Ituran Location and Control
+0.12%-3.91%-12.26%-0.87%+17.22%
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
+0.11%-1.70%-0.53%+6.04%+9.59%

MarketRank™

CompanyOverall ScoreAnalyst's OpinionShort Interest ScoreDividend StrengthESG ScoreNews and Social Media SentimentCompany OwnershipEarnings & Valuation
Arrow Electronics, Inc. stock logo
ARW
Arrow Electronics
3.9733 of 5 stars
2.04.00.01.12.82.53.1
Avnet, Inc. stock logo
AVT
Avnet
4.092 of 5 stars
0.82.02.52.52.41.75.0
Ituran Location and Control Ltd. stock logo
ITRN
Ituran Location and Control
3.5975 of 5 stars
3.53.02.50.03.41.71.3
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
4.3051 of 5 stars
2.33.02.51.03.82.52.5

Analyst Ratings

CompanyConsensus Rating ScoreConsensus RatingConsensus Price Target% Upside from Current Price
Arrow Electronics, Inc. stock logo
ARW
Arrow Electronics
2.00
Hold$136.0011.70% Upside
Avnet, Inc. stock logo
AVT
Avnet
1.50
Reduce$45.50-2.49% Downside
Ituran Location and Control Ltd. stock logo
ITRN
Ituran Location and Control
3.00
Buy$35.0039.72% Upside
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
2.55
Moderate Buy$153.309.07% Upside

Current Analyst Ratings

Latest TEL, ARW, AVT, and ITRN Analyst Ratings

DateCompanyBrokerageActionRatingPrice TargetDetails
4/11/2024
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetNeutral ➝ Neutral$169.00 ➝ $170.00
4/9/2024
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageBuy$180.00
4/1/2024
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Buy
2/9/2024
Arrow Electronics, Inc. stock logo
ARW
Arrow Electronics
Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetHold ➝ Hold$128.00 ➝ $124.00
2/1/2024
Avnet, Inc. stock logo
AVT
Avnet
The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetSell ➝ Sell$48.00 ➝ $42.00
1/25/2024
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
Robert W. Baird
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOutperform ➝ Outperform$147.00 ➝ $155.00
1/25/2024
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetHold ➝ Hold$148.00 ➝ $153.00
1/25/2024
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetHold ➝ Hold$140.00 ➝ $145.00
(Data available from 4/20/2021 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Sales & Book Value

CompanyAnnual RevenuePrice/SalesCashflowPrice/CashBook ValuePrice/Book
Arrow Electronics, Inc. stock logo
ARW
Arrow Electronics
$33.11B0.20$22.10 per share5.51$108.52 per share1.12
Avnet, Inc. stock logo
AVT
Avnet
$26.54B0.16$9.82 per share4.75$51.99 per share0.90
Ituran Location and Control Ltd. stock logo
ITRN
Ituran Location and Control
$319.98M1.56$3.45 per share7.26$9.06 per share2.76
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
$16.02B2.73$9.28 per share15.15$36.79 per share3.82

Profitability & Earnings

CompanyNet IncomeEPSTrailing P/E RatioForward P/E RatioP/E GrowthNet MarginsReturn on Equity (ROE)Return on Assets (ROA)Next Earnings Date
Arrow Electronics, Inc. stock logo
ARW
Arrow Electronics
$903.51M$15.797.717.80N/A2.73%17.22%4.70%5/2/2024 (Confirmed)
Avnet, Inc. stock logo
AVT
Avnet
$770.83M$7.246.447.660.622.62%13.60%5.20%5/1/2024 (Confirmed)
Ituran Location and Control Ltd. stock logo
ITRN
Ituran Location and Control
$48.14M$2.4010.44N/A15.04%28.61%15.80%5/22/2024 (Estimated)
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
$1.91B$10.5413.3316.912.0120.69%18.93%10.13%4/24/2024 (Confirmed)

Latest TEL, ARW, AVT, and ITRN Earnings

DateQuarterCompanyConsensus EstimateReported EPSBeat/MissGap EPSRevenue EstimateActual RevenueDetails
5/2/2024N/A
Arrow Electronics, Inc. stock logo
ARW
Arrow Electronics
$2.31N/A-$2.31N/AN/AN/A  
5/1/2024N/A
Avnet, Inc. stock logo
AVT
Avnet
$1.11N/A-$1.11N/AN/AN/A  
4/24/2024N/A
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
$1.82N/A-$1.82N/AN/AN/A  
2/29/2024Q4 2023
Ituran Location and Control Ltd. stock logo
ITRN
Ituran Location and Control
N/A$0.60+$0.60$0.60N/A$77.81 million    
2/8/2024Q4 23
Arrow Electronics, Inc. stock logo
ARW
Arrow Electronics
$3.72$3.98+$0.26$4.42$7.84 billion$7.85 billion    
1/31/2024Q2 24
Avnet, Inc. stock logo
AVT
Avnet
$1.39$1.40+$0.01$1.52$6.15 billion$6.20 billion    
1/24/202412/31/2023
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
$1.71$1.84+$0.13-$2.08$3.87 billion$3.83 billion    

Dividends

CompanyAnnual PayoutDividend Yield3-Year Dividend GrowthPayout RatioYears of Consecutive Growth
Arrow Electronics, Inc. stock logo
ARW
Arrow Electronics
N/AN/AN/AN/AN/A
Avnet, Inc. stock logo
AVT
Avnet
$1.242.66%+12.62%17.13%3 Years
Ituran Location and Control Ltd. stock logo
ITRN
Ituran Location and Control
$1.566.23%+41.50%65.00%2 Years
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
$2.601.85%+29.22%24.67%3 Years

Latest TEL, ARW, AVT, and ITRN Dividends

AnnouncementCompanyPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/20/2024
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
quarterly$0.651.8%2/21/20252/21/20253/7/2025
3/19/2024
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
quarterly$0.651.8%2/21/20252/21/20253/7/2025
3/18/2024
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
quarterly$0.651.9%8/23/20248/23/20249/6/2024
3/13/2024
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
Quarterly$0.651.86%5/23/20245/24/20246/7/2024
2/29/2024
Ituran Location and Control Ltd. stock logo
ITRN
Ituran Location and Control
Quarterly$0.395.97%3/19/20243/20/20244/3/2024
2/15/2024
Avnet, Inc. stock logo
AVT
Avnet
Quarterly$0.312.75%3/5/20243/6/20243/20/2024
(Data available from 1/1/2013 forward)

Debt

CompanyDebt-to-Equity RatioCurrent RatioQuick Ratio
Arrow Electronics, Inc. stock logo
ARW
Arrow Electronics
0.37
1.39
1.00
Avnet, Inc. stock logo
AVT
Avnet
0.55
2.34
1.05
Ituran Location and Control Ltd. stock logo
ITRN
Ituran Location and Control
N/A
1.93
1.64
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
0.27
1.86
1.16

Ownership

Institutional Ownership

CompanyInstitutional Ownership
Arrow Electronics, Inc. stock logo
ARW
Arrow Electronics
99.34%
Avnet, Inc. stock logo
AVT
Avnet
95.78%
Ituran Location and Control Ltd. stock logo
ITRN
Ituran Location and Control
94.80%
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
91.43%

Insider Ownership

CompanyInsider Ownership
Arrow Electronics, Inc. stock logo
ARW
Arrow Electronics
1.00%
Avnet, Inc. stock logo
AVT
Avnet
1.30%
Ituran Location and Control Ltd. stock logo
ITRN
Ituran Location and Control
0.01%
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
0.86%

Miscellaneous

CompanyEmployeesShares OutstandingFree FloatOptionable
Arrow Electronics, Inc. stock logo
ARW
Arrow Electronics
22,10053.98 million53.44 millionOptionable
Avnet, Inc. stock logo
AVT
Avnet
15,80090.36 million89.19 millionOptionable
Ituran Location and Control Ltd. stock logo
ITRN
Ituran Location and Control
2,73619.89 million19.89 millionOptionable
TE Connectivity Ltd. stock logo
TEL
TE Connectivity
90,000310.80 million308.13 millionOptionable

TEL, ARW, AVT, and ITRN Headlines

SourceHeadline
Curious about TE Connectivity (TEL) Q2 Performance? Explore Wall Street Estimates for Key MetricsCurious about TE Connectivity (TEL) Q2 Performance? Explore Wall Street Estimates for Key Metrics
zacks.com - April 19 at 10:20 AM
Ninety One SA PTY Ltd Has $6.61 Million Stock Holdings in TE Connectivity Ltd. (NYSE:TEL)Ninety One SA PTY Ltd Has $6.61 Million Stock Holdings in TE Connectivity Ltd. (NYSE:TEL)
marketbeat.com - April 18 at 3:27 PM
Heres Why TE Connectivity (TEL) is a Strong Momentum StockHere's Why TE Connectivity (TEL) is a Strong Momentum Stock
zacks.com - April 18 at 10:51 AM
TE Connectivity (TEL) Earnings Expected to Grow: Should You Buy?TE Connectivity (TEL) Earnings Expected to Grow: Should You Buy?
finance.yahoo.com - April 17 at 12:43 PM
TE Connectivity (TEL) Earnings Expected to Grow: Should You Buy?TE Connectivity (TEL) Earnings Expected to Grow: Should You Buy?
zacks.com - April 17 at 11:07 AM
Sumitomo Mitsui Trust Holdings Inc. Cuts Stake in TE Connectivity Ltd. (NYSE:TEL)Sumitomo Mitsui Trust Holdings Inc. Cuts Stake in TE Connectivity Ltd. (NYSE:TEL)
marketbeat.com - April 17 at 6:08 AM
TE Connectivity (TEL) Scheduled to Post Quarterly Earnings on WednesdayTE Connectivity (TEL) Scheduled to Post Quarterly Earnings on Wednesday
americanbankingnews.com - April 17 at 3:06 AM
Louisiana State Employees Retirement System Makes New $2.64 Million Investment in TE Connectivity Ltd. (NYSE:TEL)Louisiana State Employees Retirement System Makes New $2.64 Million Investment in TE Connectivity Ltd. (NYSE:TEL)
marketbeat.com - April 16 at 6:51 AM
Carnegie Capital Asset Management LLC Has $15.53 Million Stock Holdings in TE Connectivity Ltd. (NYSE:TEL)Carnegie Capital Asset Management LLC Has $15.53 Million Stock Holdings in TE Connectivity Ltd. (NYSE:TEL)
marketbeat.com - April 14 at 3:35 PM
StockNews.com Begins Coverage on TE Connectivity (NYSE:TEL)StockNews.com Begins Coverage on TE Connectivity (NYSE:TEL)
americanbankingnews.com - April 14 at 2:16 AM
TE Connectivity (NYSE:TEL) Research Coverage Started at StockNews.comTE Connectivity (NYSE:TEL) Research Coverage Started at StockNews.com
marketbeat.com - April 14 at 2:15 AM
International Assets Investment Management LLC Takes $10.76 Million Position in TE Connectivity Ltd. (NYSE:TEL)International Assets Investment Management LLC Takes $10.76 Million Position in TE Connectivity Ltd. (NYSE:TEL)
marketbeat.com - April 13 at 5:30 AM
TE Connectivity (NYSE:TEL) PT Raised to $170.00 at JPMorgan Chase & Co.TE Connectivity (NYSE:TEL) PT Raised to $170.00 at JPMorgan Chase & Co.
americanbankingnews.com - April 13 at 3:40 AM
Embedded Antenna Systems Market Exploring New Opportunities, Market Size, Types, and Forecasts for 2032Embedded Antenna Systems Market Exploring New Opportunities, Market Size, Types, and Forecasts for 2032
taiwannews.com.tw - April 13 at 1:15 AM
Wire & Cable Management Market Size, Outlook, Key Players, Revenue, Latest Trends, and Forecast to 2024 to 2032Wire & Cable Management Market Size, Outlook, Key Players, Revenue, Latest Trends, and Forecast to 2024 to 2032
taiwannews.com.tw - April 12 at 8:15 PM
TE Connectivity (NYSE:TEL) PT Raised to $170.00TE Connectivity (NYSE:TEL) PT Raised to $170.00
marketbeat.com - April 11 at 8:25 AM
TE Connectivity details sustainability progress in corporate responsibility reportTE Connectivity details sustainability progress in corporate responsibility report
prnewswire.com - April 11 at 7:32 AM
TE Connectivity (NYSE:TEL) Receives New Coverage from Analysts at Jefferies Financial GroupTE Connectivity (NYSE:TEL) Receives New Coverage from Analysts at Jefferies Financial Group
americanbankingnews.com - April 10 at 4:02 AM
TE Connectivity Ltd. (NYSE:TEL) Stock Position Boosted by Impax Asset Management Group plcTE Connectivity Ltd. (NYSE:TEL) Stock Position Boosted by Impax Asset Management Group plc
marketbeat.com - April 9 at 6:31 PM
Jefferies Financial Group Begins Coverage on TE Connectivity (NYSE:TEL)Jefferies Financial Group Begins Coverage on TE Connectivity (NYSE:TEL)
marketbeat.com - April 9 at 8:13 AM
TE Connectivity Ltd. (NYSE:TEL) Given Consensus Recommendation of "Moderate Buy" by AnalystsTE Connectivity Ltd. (NYSE:TEL) Given Consensus Recommendation of "Moderate Buy" by Analysts
marketbeat.com - April 9 at 2:30 AM
7 Tech Stocks to Pick Up From the Discount Bin7 Tech Stocks to Pick Up From the Discount Bin
investorplace.com - April 8 at 2:57 PM
Buy 5 S&P 500 Laggards of Q1 Likely to Gather Pace in Q2Buy 5 S&P 500 Laggards of Q1 Likely to Gather Pace in Q2
zacks.com - April 8 at 9:05 AM
New York State Teachers Retirement System Cuts Stock Holdings in TE Connectivity Ltd. (NYSE:TEL)New York State Teachers Retirement System Cuts Stock Holdings in TE Connectivity Ltd. (NYSE:TEL)
marketbeat.com - April 7 at 8:47 AM

New MarketBeat Followers Over Time

Media Sentiment Over Time

Top Headlines

All Headlines

Company Descriptions

Arrow Electronics logo

Arrow Electronics

NYSE:ARW
Arrow Electronics, Inc. provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions. The Global Components segment markets and distributes electronic components comprising semiconductor products and related services; interconnect, passive, and electromechanical products, including capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors; and computing and memory products, as well as other products and services. The Global Enterprise Computing Solutions segment offers computing solutions, such as datacenter, cloud, security, and analytics solutions. This segment also provides access to various services, including engineering and integration support, warehousing and logistics, marketing resources, and authorized hardware and software training. The company serves original equipment manufacturers, value-added resellers, managed service providers, contract manufacturers, and other commercial customers. Arrow Electronics, Inc. was founded in 1935 and is based in Centennial, Colorado.
Avnet logo

Avnet

NASDAQ:AVT
Avnet, Inc., distributes electronic component technology. The company operates through two segments, Electronic Components and Farnell. The Electronic Components segment markets, sells, and distributes semiconductors; interconnect, passive, and electromechanical components; and other integrated components from electronic component manufacturers. It also offers design chain support that provides engineers with technical design solutions; engineering and technical resources to support product design, bill of materials development, and technical education and training; and supply chain solutions that provide support and logistical services to original equipment manufacturers, electronic manufacturing service providers, and electronic component manufacturers. In addition, this segment provides embedded solutions, such as technical design, integration, and assembly of embedded products, systems, and solutions primarily for industrial applications, as well as embedded display solutions comprising touch and passive displays; and develops and manufactures standard board and industrial subsystems, and application-specific devices that enable it to produce systems tailored to specific customer requirements. This segment serves various markets, such as automotive, medical, defense, aerospace, telecommunications, industrial, and digital editing. The Farnell segment distributes kits, tools, and electronic and industrial automation components, as well as test and measurement products to engineers and entrepreneurs. It has operations in the Americas, Europe, the Middle East, Africa, and Asia. Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.
Ituran Location and Control logo

Ituran Location and Control

NASDAQ:ITRN
Ituran Location and Control Ltd., together with its subsidiaries, provides location-based telematics services and machine-to-machine telematics products. It operates through two segments, Telematics Services and Telematics Products. The Telematics services segment offers stolen vehicle recovery and tracking services, which enables to locate, track, and recover stolen vehicles for its subscribers; fleet management services that enable corporate and individual customers to track and manage their vehicles in real time; and locator services that allow customers to protect valuable merchandise and equipment. This segment also delivers on-demand navigation guidance, information, and assistance, including the provision of traffic reports and directions, as well as information on the location of gas stations, car repair shops, post offices, hospitals, and other facilities; and Connected Car, a service platform that includes a back-office application, a telematics device installed in the vehicle, mobile apps for IOS and Android users, and interface using the car infotainment screen, as well as usage based insurance and auto financing. This segment serves insurance companies and agents, car manufacturers, dealers and importers, cooperative sales channels, and private subscribers. The Telematics Products segment offers Base Site, a radio receiver that includes a processor and a data computation unit to collect and send data to and from transponders, and to control centers; Control Center, a center consisting of software used to collect data from various base sites, conduct location calculations, and transmit location data to various customers and law enforcement agencies; navigation and tracking devices installed in vehicles; and SMART, a portable transmitter installed in vehicles that sends a signal to the base site enabling the location of vehicles, equipment, or an individual. Ituran Location and Control Ltd. was incorporated in 1994 and is headquartered in Azor, Israel.
TE Connectivity logo

TE Connectivity

NYSE:TEL
TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions. The Transportation Solutions segment provides terminals and connector systems and components, sensors, relays, antennas, and application tooling products for use in the automotive, commercial transportation, and sensor markets. The Industrial Solutions segment offers terminals and connector systems and components; and interventional medical components, relays, heat shrink tubing, and wires and cables for industrial equipment, aerospace, defense, marine, medical, and energy markets. The Communications Solutions segment supplies electronic components, such as terminals and connector systems and components, relays, heat shrink tubing, and antennas for the data and devices, and appliances markets. The company sells its products to approximately 140 countries primarily through direct sales to manufacturers, as well as through third-party distributors. The company was formerly known as Tyco Electronics Ltd. and changed its name to TE Connectivity Ltd. in March 2011. TE Connectivity Ltd. was founded in 1941 and is based in Schaffhausen, Switzerland.