Corundum Group Inc. lifted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 7.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,157 shares of the semiconductor company’s stock after buying an additional 157 shares during the period. Corundum Group Inc.’s holdings in Texas Instruments were worth $448,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also made changes to their positions in the company. Cloud Capital Management LLC purchased a new position in shares of Texas Instruments during the 1st quarter worth approximately $28,000. Dagco Inc. purchased a new position in shares of Texas Instruments during the 1st quarter worth approximately $32,000. CBIZ Investment Advisory Services LLC boosted its position in shares of Texas Instruments by 67.6% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 75 shares during the period. Quintet Private Bank Europe S.A. purchased a new position in shares of Texas Instruments during the 1st quarter worth approximately $34,000. Finally, N.E.W. Advisory Services LLC purchased a new position in shares of Texas Instruments during the 1st quarter worth approximately $42,000. Institutional investors and hedge funds own 84.99% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on the stock. Wells Fargo & Company lowered their price objective on shares of Texas Instruments from $215.00 to $195.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 23rd. TD Cowen lowered their price objective on shares of Texas Instruments from $245.00 to $230.00 and set a “buy” rating for the company in a research report on Wednesday, July 23rd. Citigroup reaffirmed a “buy” rating on shares of Texas Instruments in a research report on Tuesday, July 22nd. Cowen reaffirmed a “hold” rating on shares of Texas Instruments in a research report on Wednesday, June 25th. Finally, Benchmark reissued a “buy” rating and issued a $220.00 price target on shares of Texas Instruments in a research report on Monday, September 8th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, fourteen have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $213.82.
Texas Instruments Stock Performance
Shares of TXN stock opened at $180.32 on Friday. The company has a quick ratio of 3.88, a current ratio of 5.81 and a debt-to-equity ratio of 0.86. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $221.69. The stock has a market capitalization of $163.94 billion, a PE ratio of 33.03, a P/E/G ratio of 2.98 and a beta of 1.01. The firm has a 50 day moving average of $189.08 and a two-hundred day moving average of $185.85.
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 net margin of 30.23% and a return on equity of 30.10%. The company’s revenue for the quarter was up 16.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.17 EPS. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. On average, research analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.
Texas Instruments Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 12th. Investors of record on Friday, October 31st will be issued a $1.42 dividend. This represents a $5.68 annualized dividend and a yield of 3.1%. 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. Texas Instruments’s dividend payout ratio is currently 104.03%.
Insider Buying and Selling
In related news, VP Ahmad Bahai sold 1,500 shares of the stock in a transaction on Monday, August 25th. The stock was sold at an average price of $205.35, for a total value of $308,025.00. Following the transaction, the vice president owned 38,883 shares of the company’s stock, valued at $7,984,624.05. This represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.57% of the stock is owned by company insiders.
Texas Instruments Company Profile
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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