American Century Companies Inc. Buys 4,605 Shares of Texas Instruments Incorporated $TXN

Key Points

• American Century Companies Inc. has increased its stake in Texas Instruments by 2.4%, owning 197,699 shares valued at $35.5 million after acquiring an additional 4,605 shares.
• JPMorgan Chase & Co. upgraded Texas Instruments' price target from $195.00 to $225.00, reflecting a positive outlook with an "overweight" rating.
• Texas Instruments reported a quarterly earnings per share of $1.41, exceeding expectations, with a revenue of $4.45 billion for the quarter, marking a 16.4% increase year-over-year.

American Century Companies Inc. boosted its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 197,699 shares of the semiconductor company's stock after buying an additional 4,605 shares during the quarter. American Century Companies Inc.'s holdings in Texas Instruments were worth $35,527,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in TXN. Brighton Jones LLC raised 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 valued at $3,158,000 after buying an additional 4,218 shares during the period. Bank Pictet & Cie Europe AG boosted its stake in shares of Texas Instruments by 14.8% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 138,350 shares of the semiconductor company's stock worth $25,942,000 after acquiring an additional 17,840 shares in the last quarter. Pinebridge Investments L.P. increased its holdings in shares of Texas Instruments by 9.1% during the 4th quarter. Pinebridge Investments L.P. now owns 75,254 shares of the semiconductor company's stock valued at $14,111,000 after acquiring an additional 6,285 shares during the last quarter. MGO One Seven LLC raised its stake in shares of Texas Instruments by 4.9% in the 4th quarter. MGO One Seven LLC now owns 13,099 shares of the semiconductor company's stock valued at $2,456,000 after acquiring an additional 615 shares in the last quarter. Finally, Burling Wealth Partners LLC acquired a new stake in Texas Instruments in the 4th quarter worth approximately $592,000. Institutional investors and hedge funds own 84.99% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently commented on TXN. Citigroup reiterated a "buy" rating on shares of Texas Instruments in a report on Tuesday, July 22nd. JPMorgan Chase & Co. lifted their target price on shares of Texas Instruments from $195.00 to $225.00 and gave the stock an "overweight" rating in a report on Wednesday, July 23rd. Morgan Stanley reiterated an "underweight" rating on shares of Texas Instruments in a report on Tuesday, July 22nd. Truist Financial lifted their target price on shares of Texas Instruments from $171.00 to $196.00 and gave the stock a "hold" rating in a report on Wednesday, July 23rd. Finally, The Goldman Sachs Group started coverage on shares of Texas Instruments in a research report on Thursday, July 10th. They issued a "buy" rating and a $255.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, Texas Instruments has a consensus rating of "Hold" and an average target price of $212.21.

Texas Instruments Price Performance

NASDAQ TXN traded up $5.35 on Friday, reaching $206.06. The company's stock had a trading volume of 6,176,938 shares, compared to its average volume of 6,426,985. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $221.69. The company has a current ratio of 5.81, a quick ratio of 3.88 and a debt-to-equity ratio of 0.86. The firm has a market cap of $187.34 billion, a PE ratio of 37.74, a price-to-earnings-growth ratio of 3.36 and a beta of 1.03. The business has a 50-day moving average price of $201.20 and a 200 day moving average price of $185.75.

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

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 12th. Investors of record on Thursday, July 31st were given a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Thursday, July 31st. Texas Instruments's dividend payout ratio (DPR) is 99.63%.

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.