Axxcess Wealth Management LLC Acquires 1,708 Shares of Texas Instruments Incorporated $TXN

Key Points

• Axxcess Wealth Management LLC increased its holdings in Texas Instruments by 14.2%, acquiring an additional 1,708 shares during the second quarter, bringing its total ownership to 13,730 shares valued at approximately $2.85 million.
• Texas Instruments reported earnings per share of $1.41 for the last quarter, exceeding analysts' expectations of $1.32, along with a 16.4% increase in revenue year-over-year.
• The company declared an increased quarterly dividend of $1.42 per share, with a payment date set for November 12th, representing an annual yield of 3.3%.

Axxcess Wealth Management LLC lifted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 14.2% in the second quarter, according to its most recent filing with the SEC. The fund owned 13,730 shares of the semiconductor company's stock after acquiring an additional 1,708 shares during the period. Axxcess Wealth Management LLC's holdings in Texas Instruments were worth $2,851,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Cloud Capital Management LLC bought a new stake in shares of Texas Instruments during the 1st quarter worth $28,000. Dagco Inc. bought a new stake in Texas Instruments in the first quarter worth $32,000. CBIZ Investment Advisory Services LLC lifted its stake in Texas Instruments by 67.6% in the first quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company's stock worth $33,000 after purchasing an additional 75 shares during the last quarter. N.E.W. Advisory Services LLC bought a new stake in Texas Instruments in the first quarter worth $42,000. Finally, Peoples Financial Services CORP. bought a new stake in Texas Instruments in the second quarter worth $42,000. 84.99% of the stock is owned by institutional investors.

Texas Instruments Price Performance

Shares of TXN opened at $173.94 on Wednesday. The stock has a market cap of $158.14 billion, a PE ratio of 31.86, a price-to-earnings-growth ratio of 2.86 and a beta of 1.01. 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 Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $221.69. The firm's 50-day simple moving average is $187.88 and its two-hundred day simple moving average is $185.67.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share for the quarter, topping analysts' consensus estimates of $1.32 by $0.09. The business had revenue of $4.45 billion for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.17 earnings per share. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 12th. Investors of record on Friday, October 31st will be given a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a yield of 3.3%. This is a positive change from Texas Instruments's previous quarterly dividend of $1.36. The ex-dividend date is Friday, October 31st. Texas Instruments's payout ratio is currently 99.63%.

Insiders Place Their Bets

In related news, VP Ahmad Bahai sold 1,500 shares of the 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 represents a 3.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.57% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts have weighed in on TXN shares. BNP Paribas raised shares of Texas Instruments to a "strong sell" rating in a research note on Wednesday, July 23rd. Susquehanna lowered their price target on shares of Texas Instruments from $250.00 to $240.00 and set a "positive" rating for the company in a research note on Tuesday, July 22nd. Arete started coverage on shares of Texas Instruments in a research note on Thursday, June 26th. They issued a "neutral" rating and a $203.80 price target for the company. UBS Group set a $255.00 price target on shares of Texas Instruments in a research note on Tuesday, July 22nd. Finally, Truist Financial upped their price objective on shares of Texas Instruments from $171.00 to $196.00 and gave the company a "hold" rating in a research note on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, thirteen have given a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $213.03.

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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