Dodge & Cox 13F: Cuts TE Connectivity (TEL) Stake by $38M

Dodge & Cox trimmed its position in TE Connectivity plc (NYSE:TEL) by 184,900 shares, according to its latest Form 13F filing with the SEC. This reduction brought its total holdings to approximately 14.7 million shares, valued at about $3.05 billion as of the reporting period. The filing reflects holdings as of the end of the quarter and may not represent the current position.

What Changed in Dodge & Cox's TE Connectivity Position

Dodge & Cox reduced its stake in TE Connectivity by 1.24%, decreasing its holdings from roughly 14.9 million shares to about 14.7 million shares. The move involved selling 184,900 shares, with the total value of the position reported at $3.05 billion.

TE Connectivity plc Stock Down 2.5%

Shares of NYSE:TEL traded near $207.67. TE Connectivity has a market cap of approximately $61.28 billion, with a P/E ratio of 21.47 and a forward P/E of 16.61. The stock has demonstrated a 52-week range from $162.17 to $252.56, with a 50-day moving average of $214.51 and a 200-day moving average of $221.44. The company maintains a current ratio of 1.89 and a quick ratio of 1.05, with a debt-to-equity ratio of 43.80.

Recent Earnings

TE Connectivity reported revenue of $18.70 billion, experiencing a growth rate of 14.5%. The company achieved a net margin of 15.54% and a return on equity of 22.72%. The next earnings report is expected on April 22, 2026.

Dividend

TE Connectivity offers an annual dividend rate of $2.98, yielding 1.43%. The dividend payout ratio stands at 29.01%, indicating a sustainable payout relative to earnings.

About TE Connectivity

TE Connectivity plc, headquartered in Ballybrit, Ireland, designs and manufactures connectivity and sensor solutions. The company operates in two main segments: Transportation Solutions and Industrial Solutions. It provides a wide range of products including antennas, connectors, sensors, and fiber optics, serving industries like automotive, aerospace, and industrial machinery. Led by CEO Terrence R. Curtin, TE Connectivity employs around 90,000 people globally.

Bottom Line

Dodge & Cox's recent trimming of its position in TE Connectivity highlights the fund's ongoing portfolio adjustments. Investors often track such filings to gauge institutional sentiment, though these filings are backward-looking and may not reflect current positions. TE Connectivity continues to be a significant player in the technology sector, with strong revenue growth and a solid dividend offering.