FARMERS & MERCHANTS TRUST Co OF LONG BEACH Takes Position in Texas Instruments Incorporated $TXN

Key Points

• Farmers & Merchants Trust Co of Long Beach acquired 2,952 shares of Texas Instruments, worth approximately $613,000, in Q2, according to a recent 13F filing.
• Texas Instruments reported $1.41 EPS in its latest quarterly earnings, exceeding analysts' expectations of $1.32, along with a 16.4% year-over-year revenue increase to $4.45 billion.
• The company announced a dividend increase to $1.42 per share, with the payment date set for November 12, reflecting a 3.1% yield.

FARMERS & MERCHANTS TRUST Co OF LONG BEACH bought a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,952 shares of the semiconductor company's stock, valued at approximately $613,000.

Other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Texas Instruments by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 94,020,960 shares of the semiconductor company's stock valued at $16,895,567,000 after purchasing an additional 453,683 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Texas Instruments by 2.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 21,915,824 shares of the semiconductor company's stock worth $3,938,274,000 after purchasing an additional 428,356 shares in the last quarter. Invesco Ltd. increased its holdings in Texas Instruments by 14.6% in the first 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. Price T Rowe Associates Inc. MD raised its stake in Texas Instruments by 20.6% in the first 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 in the last quarter. Finally, Northern Trust Corp lifted its holdings in Texas Instruments by 0.9% during the 1st quarter. Northern Trust Corp now owns 10,493,990 shares of the semiconductor company's stock worth $1,885,770,000 after buying an additional 95,980 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.

Texas Instruments Stock Up 1.4%

TXN stock opened at $184.55 on Monday. The company has a market cap of $167.78 billion, a price-to-earnings ratio of 33.80, a price-to-earnings-growth ratio of 3.01 and a beta of 1.02. The company has a fifty day moving average price of $190.61 and a 200 day moving average price of $185.83. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.81 and a quick ratio of 3.88. 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 posted its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, beating analysts' consensus estimates of $1.32 by $0.09. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The company had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.31 billion. During the same period in the previous year, the business posted $1.17 earnings per share. Texas Instruments's quarterly revenue was up 16.4% on a year-over-year basis. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Sell-side analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Increases Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Friday, October 31st. This represents a $5.68 annualized dividend and a yield of 3.1%. This is a boost from Texas Instruments's previous quarterly dividend of $1.36. Texas Instruments's dividend payout ratio (DPR) is currently 99.63%.

Insiders Place Their Bets

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of Texas Instruments 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 transaction, the vice president directly 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.57% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. KeyCorp increased their price objective on Texas Instruments from $215.00 to $240.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Sanford C. Bernstein raised Texas Instruments from a "strong sell" rating to a "hold" rating in a report on Thursday, June 5th. Citigroup reissued a "buy" rating on shares of Texas Instruments in a report on Tuesday, July 22nd. Truist Financial upped their target price on shares of Texas Instruments from $171.00 to $196.00 and gave the company a "hold" rating in a report on Wednesday, July 23rd. Finally, Morgan Stanley dropped their target price on shares of Texas Instruments from $197.00 to $192.00 and set an "underweight" rating on the stock in a research report on Friday, September 12th. Two 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. According to data from MarketBeat.com, Texas Instruments currently has a consensus rating of "Hold" and an average price target of $213.82.

Texas Instruments 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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