Cinctive Capital Management LP Buys Shares of 17,559 Texas Instruments Incorporated $TXN

Key Points

• Cinctive Capital Management LP acquired 17,559 shares of Texas Instruments, valued at approximately $3.15 million, reflecting continued interest in the semiconductor space.
• Wall Street analysts have mixed ratings for Texas Instruments, with an average price target of $212.21 and various forecasts ranging from "Strong Buy" to "Sell".
• Texas Instruments recently declared a quarterly dividend of $1.36 per share, representing a 2.9% yield, alongside a robust revenue growth of 16.4% year-over-year.

Cinctive Capital Management LP acquired a new stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 17,559 shares of the semiconductor company's stock, valued at approximately $3,155,000.

Several other institutional investors have also added to or reduced their stakes in TXN. Kestra Private Wealth Services LLC boosted its holdings in Texas Instruments by 10.9% during 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 acquiring an additional 6,267 shares during the period. Independent Advisor Alliance boosted its stake in shares of Texas Instruments by 4.8% during the first quarter. Independent Advisor Alliance now owns 26,684 shares of the semiconductor company's stock valued at $4,795,000 after purchasing an additional 1,232 shares during the period. Gries Financial LLC purchased a new stake in shares of Texas Instruments during the first quarter valued at approximately $243,000. Capital Investment Counsel LLC boosted its stake in shares of Texas Instruments by 1.1% during the first quarter. Capital Investment Counsel LLC now owns 30,069 shares of the semiconductor company's stock valued at $5,403,000 after purchasing an additional 331 shares during the period. Finally, Brighton Jones LLC boosted its position in Texas Instruments by 33.4% during 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. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Bank of America dropped their target price on shares of Texas Instruments from $218.00 to $208.00 and set a "neutral" rating for the company in a report on Friday. Truist Financial increased their price objective on Texas Instruments from $171.00 to $196.00 and gave the stock a "hold" rating in a report on Wednesday, July 23rd. Citigroup reiterated a "buy" rating on shares of Texas Instruments in a report on Tuesday, July 22nd. Wolfe Research raised Texas Instruments from a "peer perform" rating to an "outperform" rating and set a $230.00 price target for the company in a research note on Monday, July 28th. Finally, Arete Research raised Texas Instruments to a "hold" rating in a research note on Thursday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, thirteen have assigned a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat, Texas Instruments presently has an average rating of "Hold" and a consensus target price of $211.90.

Texas Instruments Stock Up 0.3%

Shares of TXN stock traded up $0.64 during trading hours on Friday, hitting $187.93. 9,490,637 shares of the company's stock traded hands, compared to its average volume of 5,841,834. The stock's fifty day simple moving average is $200.79 and its two-hundred day simple moving average is $186.89. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $221.69. The stock has a market cap of $170.85 billion, a price-to-earnings ratio of 34.42, a PEG ratio of 3.07 and a beta of 1.02. 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 (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.32 by $0.09. The business had revenue of $4.45 billion during the quarter, compared to analysts' expectations of $4.31 billion. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%.The firm's quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.17 earnings per share. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. On average, analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

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

Insider Buying and Selling at Texas Instruments

In other news, VP Ahmad Bahai sold 1,500 shares of the business'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 directly owned 38,883 shares of the company's stock, valued at $7,984,624.05. The trade was a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.57% of the stock is owned by insiders.

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.