First American Bank Decreases Position in Texas Instruments Incorporated $TXN

Key Points

• First American Bank reduced its stake in Texas Instruments by 11.6%, now owning 43,070 shares valued at approximately $8.94 million after selling 5,649 shares.
• Texas Instruments reported earnings per share of $1.41 for the latest quarter, beating estimates, with quarterly revenue up 16.4% from the previous year.
• The company announced a dividend increase to $1.42 per share, payable on November 12th, representing an annual yield of 3.1%.

First American Bank trimmed its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 11.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,070 shares of the semiconductor company's stock after selling 5,649 shares during the quarter. First American Bank's holdings in Texas Instruments were worth $8,942,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. ORG Partners LLC raised its holdings in shares of Texas Instruments by 12.2% in the 2nd quarter. ORG Partners LLC now owns 1,640 shares of the semiconductor company's stock valued at $346,000 after purchasing an additional 178 shares in the last quarter. 1834 Investment Advisors Co. raised its holdings in shares of Texas Instruments by 6.0% in the 2nd quarter. 1834 Investment Advisors Co. now owns 21,004 shares of the semiconductor company's stock valued at $4,361,000 after purchasing an additional 1,187 shares in the last quarter. NovaPoint Capital LLC raised its holdings in shares of Texas Instruments by 6.1% in the 2nd quarter. NovaPoint Capital LLC now owns 25,872 shares of the semiconductor company's stock valued at $5,372,000 after purchasing an additional 1,493 shares in the last quarter. Patton Fund Management Inc. acquired a new stake in shares of Texas Instruments in the 2nd quarter valued at $281,000. Finally, Patron Partners LLC raised its holdings in shares of Texas Instruments by 3.6% in the 2nd quarter. Patron Partners LLC now owns 4,863 shares of the semiconductor company's stock valued at $1,010,000 after purchasing an additional 169 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Stock Up 1.4%

Shares of NASDAQ:TXN opened at $184.55 on Friday. The company has a market cap of $167.78 billion, a price-to-earnings ratio of 33.80, a PEG ratio of 2.97 and a beta of 1.02. The firm's 50-day simple moving average is $190.61 and its 200-day simple moving average is $185.68. 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 Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $221.69.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.09. The business had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.31 billion. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The business's quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.17 earnings per share. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. As a group, equities research analysts predict 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. Investors of record on Friday, October 31st will be issued a dividend of $1.42 per share. This is an increase from Texas Instruments's previous quarterly dividend of $1.36. This represents a $5.68 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Friday, October 31st. Texas Instruments's payout ratio is presently 99.63%.

Wall Street Analyst Weigh In

Several brokerages recently commented on TXN. Citigroup reiterated a "buy" rating on shares of Texas Instruments in a research note on Tuesday, July 22nd. Bank of America cut their price target on shares of Texas Instruments from $218.00 to $208.00 and set a "neutral" rating on the stock in a research note on Friday, September 5th. Wells Fargo & Company cut their price target on shares of Texas Instruments from $215.00 to $195.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 23rd. Arete began coverage on shares of Texas Instruments in a research note on Thursday, June 26th. They set a "neutral" rating and a $203.80 price target on the stock. Finally, Arete Research upgraded shares of Texas Instruments to a "hold" rating in a research note on Thursday, June 26th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, thirteen have given a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat, Texas Instruments currently has an average rating of "Hold" and a consensus target price of $213.82.

Insider Buying and Selling

In related news, VP Ahmad Bahai sold 1,500 shares of the business's stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $205.35, for a total transaction of $308,025.00. Following the sale, the vice president owned 38,883 shares of the company's stock, valued at approximately $7,984,624.05. The trade was a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.57% of the company's stock.

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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