Busey Bank Sells 2,064 Shares of Texas Instruments Incorporated $TXN

Key Points

• Busey Bank has reduced its stake in Texas Instruments Incorporated by 2.7%, selling 2,064 shares during the second quarter, with remaining holdings valued at $15,691,000.
• Texas Instruments recently announced a quarterly dividend increase to $1.42 per share, up from the previous $1.36, representing an annualized yield of 3.2%.
• Analysts have varying ratings for Texas Instruments, with upgrades increasing the average target price to $213.82, signaling a consensus of "Hold" on the stock.

Busey Bank trimmed its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 75,576 shares of the semiconductor company's stock after selling 2,064 shares during the quarter. Busey Bank's holdings in Texas Instruments were worth $15,691,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Cloud Capital Management LLC bought a new stake in Texas Instruments during the first quarter valued at approximately $28,000. Copia Wealth Management bought a new position in shares of Texas Instruments in the fourth quarter worth approximately $30,000. Dagco Inc. bought a new position in shares of Texas Instruments in the first quarter worth approximately $32,000. CBIZ Investment Advisory Services LLC boosted its position in shares of 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 period. Finally, Quintet Private Bank Europe S.A. bought a new position in shares of Texas Instruments in the first quarter worth approximately $34,000. 84.99% of the stock is currently owned by institutional investors.

Insider Activity

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the stock in a transaction 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 owned 38,883 shares in the company, valued at $7,984,624.05. This trade represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.57% of the company's stock.

Analyst Ratings Changes

TXN has been the subject of a number of recent analyst reports. Wolfe Research upgraded shares of Texas Instruments from a "peer perform" rating to an "outperform" rating and set a $230.00 price target for the company in a research report on Monday, July 28th. JPMorgan Chase & Co. upped their price target on shares of Texas Instruments from $195.00 to $225.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 23rd. Cowen reiterated a "hold" rating on shares of Texas Instruments in a research report on Wednesday, June 25th. The Goldman Sachs Group initiated 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 for the company. Finally, KeyCorp upped their target price on shares of Texas Instruments from $215.00 to $240.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. 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 issued a Sell rating to the company. According to MarketBeat, Texas Instruments has a consensus rating of "Hold" and an average target price of $213.82.

Texas Instruments Price Performance

Texas Instruments stock opened at $179.37 on Friday. The company has a market cap of $163.07 billion, a price-to-earnings ratio of 32.85, a PEG ratio of 2.97 and a beta of 1.02. The firm's fifty day moving average is $194.12 and its 200 day moving average is $185.86. The company has a quick ratio of 3.88, a current ratio of 5.81 and a debt-to-equity ratio of 0.86. Texas Instruments Incorporated has a 52-week low of $139.95 and a 52-week high of $221.69.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.09. The firm had revenue of $4.45 billion during the quarter, compared to analyst estimates 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 quarter last year, the business earned $1.17 EPS. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Sell-side analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st will be paid a dividend of $1.42 per share. This is a positive change from Texas Instruments's previous quarterly dividend of $1.36. This represents a $5.68 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Friday, October 31st. Texas Instruments's payout ratio is currently 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.

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