DAVENPORT & Co LLC Buys 4,487 Shares of Texas Instruments Incorporated $TXN

Key Points

• DAVENPORT & Co LLC increased its stake in Texas Instruments by 9.4%, acquiring an additional 4,487 shares, bringing its total holdings to 52,350 shares worth approximately $10.87 million.
• Texas Instruments recently announced a quarterly dividend increase from $1.36 to $1.42 per share, reflecting a 3.1% yield, with a payout ratio of 104.03%.
• The company's Q2 earnings showed a net margin of 30.23% and revenue of $4.45 billion, which surpassed analysts' expectations, contributing to a 16.4% year-over-year growth.

DAVENPORT & Co LLC increased its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 9.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,350 shares of the semiconductor company's stock after acquiring an additional 4,487 shares during the period. DAVENPORT & Co LLC's holdings in Texas Instruments were worth $10,868,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kestra Private Wealth Services LLC boosted its stake in shares of Texas Instruments by 10.9% during 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 purchasing an additional 6,267 shares during the period. Independent Advisor Alliance boosted its position in Texas Instruments by 4.8% during the 1st quarter. Independent Advisor Alliance now owns 26,684 shares of the semiconductor company's stock valued at $4,795,000 after buying an additional 1,232 shares during the period. Baron Silver Stevens Financial Advisors LLC purchased a new stake in Texas Instruments during the 2nd quarter valued at $326,000. Farther Finance Advisors LLC grew its holdings in Texas Instruments by 34.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 16,363 shares of the semiconductor company's stock worth $3,397,000 after acquiring an additional 4,191 shares during the last quarter. Finally, Generate Investment Management Ltd increased its position 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 during the period. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Price Performance

TXN opened at $181.81 on Tuesday. The company has a current ratio of 5.81, a quick ratio of 3.88 and a debt-to-equity ratio of 0.86. The company has a market cap of $165.29 billion, a price-to-earnings ratio of 33.30, a price-to-earnings-growth ratio of 2.95 and a beta of 1.01. The stock has a fifty day simple moving average of $188.93 and a two-hundred day simple moving average of $185.94. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $221.69.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, beating analysts' consensus estimates of $1.32 by $0.09. The firm 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 company's quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.17 EPS. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Research analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share 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. Shareholders 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 3.1%. The ex-dividend date of this dividend is Friday, October 31st. Texas Instruments's payout ratio is 104.03%.

Insider Activity

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 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. The trade was a 3.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.57% of the company's stock.

Analyst Ratings Changes

Several research firms recently issued reports on TXN. KeyCorp raised their target price on Texas Instruments from $215.00 to $240.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Arete Research upgraded Texas Instruments to a "hold" rating in a research report on Thursday, June 26th. Benchmark restated a "buy" rating and set a $220.00 target price on shares of Texas Instruments in a report on Monday, September 8th. Stifel Nicolaus raised their price target on Texas Instruments from $160.00 to $192.00 and gave the stock a "hold" rating in a research note on Friday, July 18th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Texas Instruments from $195.00 to $225.00 and gave the company an "overweight" rating in a research report on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, fourteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, Texas Instruments presently has a consensus rating of "Hold" and an average price target of $213.82.

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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