Convergence Investment Partners LLC Decreases Position in Texas Instruments Incorporated $TXN

Convergence Investment Partners LLC lowered its position in Texas Instruments Incorporated (NASDAQ:TXN) by 9.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,048 shares of the semiconductor company’s stock after selling 107 shares during the quarter. Convergence Investment Partners LLC’s holdings in Texas Instruments were worth $218,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in TXN. Kestra Private Wealth Services LLC boosted its stake in shares of Texas Instruments by 10.9% during the first quarter. Kestra Private Wealth Services LLC now owns 63,786 shares of the semiconductor company’s stock valued at $11,462,000 after acquiring an additional 6,267 shares during the last quarter. Independent Advisor Alliance grew its stake in shares of Texas Instruments by 4.8% during the 1st quarter. Independent Advisor Alliance now owns 26,684 shares of the semiconductor company’s stock valued at $4,795,000 after buying an additional 1,232 shares during the period. Baron Silver Stevens Financial Advisors LLC acquired a new stake in Texas Instruments during the second quarter worth about $326,000. Farther Finance Advisors LLC increased its position in shares of Texas Instruments by 34.4% in the second quarter. Farther Finance Advisors LLC now owns 16,363 shares of the semiconductor company’s stock worth $3,397,000 after acquiring an additional 4,191 shares in the last quarter. Finally, Generate Investment Management Ltd raised its stake in shares of Texas Instruments by 40.0% in the 2nd quarter. Generate Investment Management Ltd now owns 87,796 shares of the semiconductor company’s stock valued at $18,228,000 after acquiring an additional 25,105 shares during the period. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Texas Instruments Stock Up 0.2%

TXN opened at $169.41 on Tuesday. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.45 and a quick ratio of 2.90. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $221.69. The stock’s 50 day moving average price is $185.03 and its 200 day moving average price is $186.50. The stock has a market cap of $154.02 billion, a P/E ratio of 30.97, a P/E/G ratio of 3.22 and a beta of 1.01.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.48. Texas Instruments had a return on equity of 30.41% and a net margin of 29.21%.The company had revenue of $4.74 billion during the quarter, compared to analysts’ expectations of $4.65 billion. During the same quarter in the prior year, the business posted $1.44 earnings per share. The company’s revenue for the quarter was up 14.2% compared to the same quarter last year. Texas Instruments has set its Q4 2025 guidance at 1.130-1.390 EPS. As a group, research analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st will be paid a $1.42 dividend. 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 3.4%. This is an increase from Texas Instruments’s previous quarterly dividend of $1.36. Texas Instruments’s dividend payout ratio (DPR) is currently 103.84%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Wells Fargo & Company reduced their price objective on Texas Instruments from $195.00 to $170.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 22nd. Bank of America cut shares of Texas Instruments from a “neutral” rating to an “underperform” rating and reduced their target price for the stock from $208.00 to $190.00 in a research report on Monday, October 13th. Mizuho set a $145.00 target price on shares of Texas Instruments in a research report on Wednesday, October 22nd. Cowen reiterated a “buy” rating on shares of Texas Instruments in a report on Wednesday, October 22nd. Finally, Citigroup cut their price objective on shares of Texas Instruments from $260.00 to $235.00 and set a “buy” rating on the stock in a report on Thursday, October 16th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have issued a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $191.67.

Insider Activity

In related news, VP Ahmad Bahai sold 1,500 shares of the firm’s stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $205.35, for a total transaction of $308,025.00. Following the transaction, the vice president owned 38,883 shares in the company, valued at $7,984,624.05. This trade represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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.