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Chevy Chase Trust Holdings LLC Buys 2,424 Shares of Texas Instruments Incorporated $TXN

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Key Points

  • Chevy Chase Trust Holdings LLC increased its stake in Texas Instruments by 0.5%, acquiring an additional 2,424 shares in the 2nd quarter, bringing its total holdings to approximately 483,838 shares valued at $100.45 million.
  • Texas Instruments declared a quarterly dividend of $1.42 per share, set to be paid on November 12th, marking an increase from the previous dividend of $1.36.
  • Several research firms have recently updated their price targets for Texas Instruments, with ranges varying from $158.00 to $255.00, reflecting a consensus rating of "Hold" and an average price target of $211.95.
  • MarketBeat previews the top five stocks to own by November 1st.

Chevy Chase Trust Holdings LLC lifted its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 0.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 483,838 shares of the semiconductor company's stock after acquiring an additional 2,424 shares during the period. Chevy Chase Trust Holdings LLC owned approximately 0.05% of Texas Instruments worth $100,454,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Kestra Private Wealth Services LLC grew its stake in shares of Texas Instruments by 10.9% in the first quarter. Kestra Private Wealth Services LLC now owns 63,786 shares of the semiconductor company's stock valued at $11,462,000 after acquiring an additional 6,267 shares in the last quarter. Independent Advisor Alliance grew its stake in shares of Texas Instruments by 4.8% in the first quarter. Independent Advisor Alliance now owns 26,684 shares of the semiconductor company's stock valued at $4,795,000 after acquiring an additional 1,232 shares in the last quarter. Baron Silver Stevens Financial Advisors LLC acquired a new position in shares of Texas Instruments in the second quarter valued at about $326,000. Farther Finance Advisors LLC grew its stake in shares of Texas Instruments by 34.4% in the second quarter. Farther Finance Advisors LLC now owns 16,363 shares of the semiconductor company's stock valued at $3,397,000 after acquiring an additional 4,191 shares in the last quarter. Finally, Generate Investment Management Ltd grew its stake in shares of Texas Instruments by 40.0% in the second quarter. Generate Investment Management Ltd now owns 87,796 shares of the semiconductor company's stock valued at $18,228,000 after acquiring an additional 25,105 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently commented on TXN. Arete initiated 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 on the stock. Stifel Nicolaus boosted their target price on shares of Texas Instruments from $160.00 to $192.00 and gave the company a "hold" rating in a research report on Friday, July 18th. DZ Bank restated a "sell" rating and issued a $158.00 target price on shares of Texas Instruments in a research report on Wednesday, July 23rd. Morgan Stanley dropped their target price on shares of Texas Instruments from $197.00 to $192.00 and set an "underweight" rating for the company in a report on Friday, September 12th. Finally, UBS Group set a $255.00 target price on shares of Texas Instruments in a report on Tuesday, July 22nd. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, thirteen have issued a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $211.95.

Get Our Latest Stock Analysis on Texas Instruments

Insider Transactions at Texas Instruments

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the firm's 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 completion of the transaction, the vice president owned 38,883 shares in the company, valued at approximately $7,984,624.05. This trade represents a 3.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.57% of the company's stock.

Texas Instruments Stock Up 0.1%

Texas Instruments stock opened at $175.48 on Friday. 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 52-week low of $139.95 and a 52-week high of $221.69. The firm has a 50 day moving average price of $187.46 and a two-hundred day moving average price of $185.57. The firm has a market cap of $159.54 billion, a price-to-earnings ratio of 32.14, a PEG ratio of 2.96 and a beta of 1.01.

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, 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 firm had revenue of $4.45 billion during the quarter, compared to analyst estimates of $4.31 billion. During the same quarter last year, the business earned $1.17 EPS. The company's revenue 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. Equities analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st will be issued a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 3.2%. The ex-dividend date is Friday, October 31st. This is a positive change from Texas Instruments's previous quarterly dividend of $1.36. Texas Instruments's dividend payout ratio (DPR) is 99.63%.

Texas Instruments Profile

(Free Report)

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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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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