Verity Asset Management Inc. cut its position in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 58.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,352 shares of the semiconductor company’s stock after selling 3,246 shares during the period. Verity Asset Management Inc.’s holdings in Texas Instruments were worth $488,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TXN. Brighton Jones LLC boosted its stake in Texas Instruments by 33.4% during 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 during the last quarter. D.A. Davidson & CO. boosted its stake in Texas Instruments by 1.4% during the first quarter. D.A. Davidson & CO. now owns 25,142 shares of the semiconductor company’s stock valued at $4,518,000 after buying an additional 337 shares during the last quarter. Silver Oak Securities Incorporated boosted its stake in Texas Instruments by 6.8% during the first quarter. Silver Oak Securities Incorporated now owns 1,718 shares of the semiconductor company’s stock valued at $303,000 after buying an additional 110 shares during the last quarter. Wayfinding Financial LLC purchased a new stake in Texas Instruments during the first quarter valued at approximately $110,000. Finally, World Investment Advisors raised its position in Texas Instruments by 18.4% during the first quarter. World Investment Advisors now owns 11,129 shares of the semiconductor company’s stock valued at $2,000,000 after purchasing an additional 1,730 shares during the period. 84.99% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on the company. UBS Group set a $245.00 price objective on Texas Instruments and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Weiss Ratings restated a “hold (c+)” rating on shares of Texas Instruments in a research report on Wednesday, October 8th. Mizuho set a $145.00 price objective on Texas Instruments in a research report on Wednesday, October 22nd. KeyCorp upped their price objective on Texas Instruments from $215.00 to $240.00 and gave the company an “overweight” rating in a research report on Tuesday, July 8th. Finally, Seaport Res Ptn upgraded Texas Instruments from a “strong sell” rating to a “hold” rating in a research report on Monday, July 21st. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have given a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $191.67.
Insider Buying and Selling at Texas Instruments
In other news, VP Ahmad Bahai sold 1,500 shares of the 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 directly owned 38,883 shares in the company, valued at approximately $7,984,624.05. This represents a 3.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.57% of the company’s stock.
Texas Instruments Trading Up 0.6%
Shares of NASDAQ TXN opened at $161.46 on Monday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.90 and a current ratio of 4.45. The business’s 50 day moving average price is $181.95 and its 200-day moving average price is $187.08. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $221.69. The company has a market cap of $146.71 billion, a price-to-earnings ratio of 29.52, a PEG ratio of 3.05 and a beta of 1.01.
Texas Instruments (NASDAQ:TXN – Get Free Report) last issued its quarterly earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share 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 firm had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.65 billion. During the same period in the prior year, the business posted $1.44 earnings per share. The company’s revenue for the quarter was up 14.2% on a year-over-year basis. Texas Instruments has set its Q4 2025 guidance at 1.130-1.390 EPS. On average, sell-side analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.
Texas Instruments Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st will be issued a $1.42 dividend. The ex-dividend date is Friday, October 31st. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.36. This represents a $5.68 annualized dividend and a dividend yield of 3.5%. Texas Instruments’s dividend payout ratio (DPR) is currently 103.84%.
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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