1832 Asset Management L.P. Cuts Stake in Texas Instruments Incorporated $TXN

Key Points

• 1832 Asset Management L.P. reduced its stake in Texas Instruments by 47.8%, selling 132,799 shares, leaving it with 145,088 shares valued at approximately $26 million.
• Multiple institutional investors, including Kestra Private Wealth Services and Independent Advisor Alliance, have adjusted their positions in Texas Instruments, indicating increased interest in the semiconductor company.
• Texas Instruments reported a strong earnings performance with a quarterly EPS of $1.41, surpassing estimates, alongside a quarterly dividend of $1.36 per share and a yield of 2.6%.

1832 Asset Management L.P. lowered its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 47.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 145,088 shares of the semiconductor company's stock after selling 132,799 shares during the period. 1832 Asset Management L.P.'s holdings in Texas Instruments were worth $26,072,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Kestra Private Wealth Services LLC increased 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 worth $11,462,000 after purchasing an additional 6,267 shares in the last quarter. Independent Advisor Alliance boosted its position in Texas Instruments by 4.8% during the first quarter. Independent Advisor Alliance now owns 26,684 shares of the semiconductor company's stock worth $4,795,000 after acquiring an additional 1,232 shares during the last quarter. Gries Financial LLC acquired a new position in Texas Instruments during the first quarter worth about $243,000. Brighton Jones LLC boosted its position in Texas Instruments by 33.4% during the fourth quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock worth $3,158,000 after acquiring an additional 4,218 shares during the last quarter. Finally, JARISLOWSKY FRASER Ltd boosted its position in Texas Instruments by 7.4% during the fourth quarter. JARISLOWSKY FRASER Ltd now owns 2,390 shares of the semiconductor company's stock worth $448,000 after acquiring an additional 165 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on TXN shares. Citigroup restated a "buy" rating on shares of Texas Instruments in a research report on Tuesday, July 22nd. JPMorgan Chase & Co. boosted their target price on shares of Texas Instruments from $195.00 to $225.00 and gave the company an "overweight" rating in a report on Wednesday, July 23rd. Wells Fargo & Company decreased their target price on shares of Texas Instruments from $215.00 to $195.00 and set an "equal weight" rating on the stock in a report on Wednesday, July 23rd. KeyCorp boosted their target price on shares of Texas Instruments from $215.00 to $240.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Finally, The Goldman Sachs Group started coverage on shares of Texas Instruments in a report on Thursday, July 10th. They issued a "buy" rating and a $255.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, thirteen have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $212.21.

Texas Instruments Price Performance

Texas Instruments stock opened at $206.06 on Friday. The company's 50 day simple moving average is $201.20 and its 200-day simple moving average is $185.75. The company has a market capitalization of $187.34 billion, a price-to-earnings ratio of 37.74, a price-to-earnings-growth ratio of 3.36 and a beta of 1.03. 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 results on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.32 by $0.09. The business had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.31 billion. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The business's revenue was up 16.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.17 EPS. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. As a group, equities research analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, August 12th. Stockholders of record on Thursday, July 31st were paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Thursday, July 31st. Texas Instruments's payout ratio is 99.63%.

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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