Cullen Frost Bankers Inc. Grows Stock Position in Texas Instruments Incorporated $TXN

Key Points

• Cullen Frost Bankers Inc. increased its stake in Texas Instruments by 5.1%, now owning 136,385 shares valued at approximately $28 million.
• Texas Instruments announced a quarterly dividend of $1.42, up from the previous $1.36, representing a yield of 3.1% and an annualized dividend of $5.68.
• Several analysts have set new price targets for Texas Instruments, with a general average target of $209.47 and ratings ranging from "Strong Buy" to "Sell."

Cullen Frost Bankers Inc. boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 5.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 136,385 shares of the semiconductor company's stock after acquiring an additional 6,628 shares during the quarter. Cullen Frost Bankers Inc.'s holdings in Texas Instruments were worth $28,316,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TXN. Nuveen LLC purchased a new position in Texas Instruments in the 1st quarter worth approximately $711,387,000. Price T Rowe Associates Inc. MD boosted its stake in shares of Texas Instruments by 20.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 13,197,863 shares of the semiconductor company's stock valued at $2,371,657,000 after buying an additional 2,257,086 shares during the last quarter. Jennison Associates LLC boosted its stake in shares of Texas Instruments by 2,898.0% during the 1st quarter. Jennison Associates LLC now owns 2,214,471 shares of the semiconductor company's stock valued at $397,940,000 after buying an additional 2,140,605 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in shares of Texas Instruments by 117.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 3,500,474 shares of the semiconductor company's stock valued at $726,768,000 after buying an additional 1,888,354 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Texas Instruments by 14.6% during the 1st quarter. Invesco Ltd. now owns 13,624,568 shares of the semiconductor company's stock valued at $2,448,335,000 after buying an additional 1,731,411 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.

Insiders Place Their Bets

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 directly owned 38,883 shares of the company's stock, valued at $7,984,624.05. This trade represents a 3.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.57% of the stock is owned by corporate insiders.

Texas Instruments Price Performance

Shares of NASDAQ TXN opened at $180.84 on Wednesday. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $221.69. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.81 and a quick ratio of 3.88. The business's fifty day moving average price is $186.92 and its two-hundred day moving average price is $185.92. The firm has a market capitalization of $164.41 billion, a PE ratio of 33.12, a P/E/G ratio of 3.04 and a beta of 1.01.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share for the quarter, hitting the consensus estimate of $1.48. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%.The firm had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.65 billion. During the same period last year, the company earned $1.44 earnings per share. The firm's revenue for the quarter was up 14.2% on a year-over-year basis. Texas Instruments has set its Q4 2025 guidance at 1.130-1.390 EPS. On average, research analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st will be given a $1.42 dividend. This is a boost from Texas Instruments's previous quarterly dividend of $1.36. This represents a $5.68 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Friday, October 31st. Texas Instruments's dividend payout ratio is 104.03%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. BNP Paribas upgraded Texas Instruments to a "strong sell" rating in a research note on Wednesday, July 23rd. Arete assumed coverage on Texas Instruments in a research note on Thursday, June 26th. They set a "neutral" rating and a $203.80 target price for the company. Rosenblatt Securities reiterated a "buy" rating and set a $245.00 target price on shares of Texas Instruments in a research note on Wednesday, July 23rd. Morgan Stanley reduced their target price on Texas Instruments from $197.00 to $192.00 and set an "underweight" rating for the company in a research note on Friday, September 12th. Finally, Robert W. Baird upped their price target on Texas Instruments from $175.00 to $220.00 and gave the company an "outperform" rating in a research report on Wednesday, July 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twelve have given a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $209.47.

Texas Instruments Company 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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