Abacus Planning Group Inc. grew its position in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 17.2% in the second quarter, HoldingsChannel reports. The institutional investor owned 1,924 shares of the semiconductor company’s stock after acquiring an additional 282 shares during the period. Abacus Planning Group Inc.’s holdings in Texas Instruments were worth $399,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of TXN. Brighton Jones LLC grew its stake in shares of Texas Instruments by 33.4% in the fourth quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company’s stock valued at $3,158,000 after buying an additional 4,218 shares in the last quarter. Key Client Fiduciary Advisors LLC grew its stake in Texas Instruments by 13.3% during the 1st quarter. Key Client Fiduciary Advisors LLC now owns 1,278 shares of the semiconductor company’s stock worth $230,000 after purchasing an additional 150 shares in the last quarter. Matrix Trust Co grew its stake in Texas Instruments by 5.5% during the 1st quarter. Matrix Trust Co now owns 12,715 shares of the semiconductor company’s stock worth $2,285,000 after purchasing an additional 660 shares in the last quarter. HF Advisory Group LLC grew its stake in Texas Instruments by 16.5% during the 1st quarter. HF Advisory Group LLC now owns 9,953 shares of the semiconductor company’s stock worth $1,789,000 after purchasing an additional 1,409 shares in the last quarter. Finally, Naples Global Advisors LLC grew its stake in Texas Instruments by 1.7% during the 1st quarter. Naples Global Advisors LLC now owns 26,794 shares of the semiconductor company’s stock worth $4,815,000 after purchasing an additional 455 shares in the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research analysts recently commented on TXN shares. Rosenblatt Securities reissued a “buy” rating and set a $245.00 target price on shares of Texas Instruments in a research note on Wednesday, July 23rd. Wells Fargo & Company lowered their target price on Texas Instruments from $215.00 to $195.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 23rd. Arete started coverage on Texas Instruments in a research note on Thursday, June 26th. They set a “neutral” rating and a $203.80 target price for the company. BNP Paribas raised Texas Instruments to a “strong sell” rating in a research note on Wednesday, July 23rd. Finally, TD Cowen lowered their target price on Texas Instruments from $245.00 to $230.00 and set a “buy” rating for the company in a research note on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $213.82.
Texas Instruments Trading Up 1.1%
NASDAQ:TXN opened at $182.32 on Friday. The stock has a 50-day simple moving average of $189.18 and a 200-day simple moving average of $185.85. The stock has a market cap of $165.75 billion, a P/E ratio of 33.39, a P/E/G ratio of 2.95 and a beta of 1.01. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year high of $221.69. The company has a debt-to-equity ratio of 0.86, a quick ratio of 3.88 and a current ratio of 5.81.
Texas Instruments (NASDAQ:TXN – Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.09. The business had revenue of $4.45 billion during the quarter, compared to analysts’ expectations of $4.31 billion. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%.The business’s quarterly revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.17 EPS. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. As a group, analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.
Texas Instruments Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 12th. Investors of record on Friday, October 31st will be given a $1.42 dividend. This is a boost from Texas Instruments’s previous quarterly dividend of $1.36. The ex-dividend date of this dividend is Friday, October 31st. This represents a $5.68 dividend on an annualized basis and a dividend yield of 3.1%. Texas Instruments’s payout ratio is currently 99.63%.
Insider Activity
In related news, VP Ahmad Bahai sold 1,500 shares of the company’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $205.35, for a total value of $308,025.00. Following the completion of the sale, the vice president directly owned 38,883 shares of the company’s stock, valued at $7,984,624.05. This represents a 3.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.57% of the stock is currently owned by company insiders.
About Texas Instruments
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.
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