Kanawha Capital Management LLC cut its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 29.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,963 shares of the semiconductor company’s stock after selling 4,104 shares during the quarter. Kanawha Capital Management LLC’s holdings in Texas Instruments were worth $2,069,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Nicholson Wealth Management Group LLC lifted its holdings in shares of Texas Instruments by 3.0% during the second quarter. Nicholson Wealth Management Group LLC now owns 8,770 shares of the semiconductor company’s stock valued at $1,821,000 after acquiring an additional 254 shares during the period. VELA Investment Management LLC lifted its holdings in shares of Texas Instruments by 22.6% during the second quarter. VELA Investment Management LLC now owns 1,612 shares of the semiconductor company’s stock valued at $335,000 after acquiring an additional 297 shares during the period. Chevy Chase Trust Holdings LLC lifted its holdings in shares of Texas Instruments by 0.5% during the second quarter. Chevy Chase Trust Holdings LLC now owns 483,838 shares of the semiconductor company’s stock valued at $100,454,000 after acquiring an additional 2,424 shares during the period. Stratos Wealth Partners LTD. lifted its holdings in shares of Texas Instruments by 17.6% during the second quarter. Stratos Wealth Partners LTD. now owns 53,894 shares of the semiconductor company’s stock valued at $11,190,000 after acquiring an additional 8,071 shares during the period. Finally, Private Trust Co. NA lifted its holdings in shares of Texas Instruments by 7.4% during the second quarter. Private Trust Co. NA now owns 7,518 shares of the semiconductor company’s stock valued at $1,561,000 after acquiring an additional 517 shares during the period. 84.99% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
TXN has been the subject of a number of research analyst reports. Benchmark reaffirmed a “buy” rating and issued a $220.00 price target on shares of Texas Instruments in a report on Monday, September 8th. TD Cowen lowered their price objective on Texas Instruments from $245.00 to $230.00 and set a “buy” rating for the company in a research report on Wednesday, July 23rd. Truist Financial lifted their price objective on Texas Instruments from $171.00 to $196.00 and gave the stock a “hold” rating in a research report on Wednesday, July 23rd. Rosenblatt Securities reiterated a “buy” rating and issued a $245.00 price objective on shares of Texas Instruments in a research report on Wednesday, July 23rd. Finally, Wells Fargo & Company lowered their price objective on 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. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have issued a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $211.64.
Texas Instruments Price Performance
Shares of TXN opened at $176.58 on Friday. The firm has a market capitalization of $160.54 billion, a PE ratio of 32.34, a P/E/G ratio of 2.97 and a beta of 1.01. The stock has a 50 day simple moving average of $187.25 and a 200 day simple moving average of $185.56. 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 Incorporated has a 52-week low of $139.95 and a 52-week high of $221.69.
Texas Instruments (NASDAQ:TXN – Get Free Report) last released its earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.32 by $0.09. The firm had revenue of $4.45 billion for 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 quarter in the previous year, the business posted $1.17 EPS. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Sell-side analysts predict that Texas Instruments Incorporated will post 5.35 EPS 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. Shareholders of record on Friday, October 31st will be paid a $1.42 dividend. This represents a $5.68 annualized dividend and a yield of 3.2%. The ex-dividend date is Friday, October 31st. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.36. Texas Instruments’s dividend payout ratio (DPR) is presently 99.63%.
Insider Buying and Selling
In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the business’s stock in a transaction that occurred 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 sale, the vice president owned 38,883 shares in the company, valued at approximately $7,984,624.05. The trade was a 3.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.57% of the company’s stock.
Texas Instruments 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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