Alliancebernstein L.P. Trims Holdings in Texas Instruments Incorporated $TXN

Key Points

• Alliancebernstein L.P. reduced its stake in Texas Instruments by 16.3%, selling over 2 million shares, leaving them with approximately 10.6 million shares.
• Several other institutional investors, including Cloud Capital Management and Dagco Inc., have recently acquired positions in Texas Instruments, highlighting ongoing interest in the company.
• Texas Instruments has a current market cap of $181.66 billion and recently reported earnings that surpassed analysts' expectations, contributing to its positive growth outlook.

Alliancebernstein L.P. decreased its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 16.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,635,932 shares of the semiconductor company's stock after selling 2,071,039 shares during the quarter. Texas Instruments comprises 0.7% of Alliancebernstein L.P.'s investment portfolio, making the stock its 22nd largest holding. Alliancebernstein L.P. owned 1.17% of Texas Instruments worth $1,911,277,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Kestra Private Wealth Services LLC increased its stake in Texas Instruments by 10.9% in the 1st quarter. Kestra Private Wealth Services LLC now owns 63,786 shares of the semiconductor company's stock valued at $11,462,000 after buying an additional 6,267 shares during the period. Independent Advisor Alliance increased its stake in Texas Instruments by 4.8% in 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. Gries Financial LLC acquired a new position in Texas Instruments in the 1st quarter valued at $243,000. Capital Investment Counsel LLC increased its stake in Texas Instruments by 1.1% in the 1st quarter. Capital Investment Counsel LLC now owns 30,069 shares of the semiconductor company's stock valued at $5,403,000 after buying an additional 331 shares during the period. Finally, Brighton Jones LLC increased its stake in Texas Instruments by 33.4% in the 4th 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 period. Hedge funds and other institutional investors own 84.99% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on TXN shares. Arete Research raised shares of Texas Instruments to a "hold" rating in a research note on Thursday, June 26th. Wolfe Research raised shares of Texas Instruments from a "peer perform" rating to an "outperform" rating and set a $230.00 price target on the stock in a research note on Monday, July 28th. Morgan Stanley reaffirmed an "underweight" rating on shares of Texas Instruments in a research note on Tuesday, July 22nd. Benchmark upped their price target on shares of Texas Instruments from $200.00 to $220.00 and gave the stock a "buy" rating in a research note on Wednesday, July 23rd. Finally, TD Cowen lowered their price target on shares of Texas Instruments from $245.00 to $230.00 and set a "buy" rating on the stock in a research note on Wednesday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, thirteen have issued a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat.com, Texas Instruments currently has an average rating of "Hold" and an average target price of $211.90.

Texas Instruments Price Performance

Shares of Texas Instruments stock traded up $0.64 on Friday, hitting $187.93. The company's stock had a trading volume of 9,490,637 shares, compared to its average volume of 5,664,583. Texas Instruments Incorporated has a 52-week low of $139.95 and a 52-week high of $221.69. The company has a quick ratio of 3.88, a current ratio of 5.81 and a debt-to-equity ratio of 0.86. The firm has a fifty day moving average price of $200.79 and a 200-day moving average price of $186.96. The company has a market capitalization of $170.85 billion, a P/E ratio of 34.42, a price-to-earnings-growth ratio of 3.06 and a beta of 1.02.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, topping the consensus estimate of $1.32 by $0.09. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The business had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.31 billion. During the same period in the previous year, the firm earned $1.17 EPS. The business's revenue for the quarter was up 16.4% compared to the same quarter last year. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. On average, equities research analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 12th. Shareholders of record on Thursday, July 31st were issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Thursday, July 31st. Texas Instruments's dividend payout ratio is 99.63%.

Insider Transactions at Texas Instruments

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the company's stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $205.35, for a total value of $308,025.00. Following the transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.57% of the company's stock.

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.