First Manhattan CO. LLC. Lowers Holdings in Texas Instruments Incorporated $TXN

Key Points

• First Manhattan Co. LLC reduced its holdings in Texas Instruments by 18.2% during Q1, selling 5,364 shares, which brings their total ownership to 24,066 shares valued at approximately $4.3 million.
• Texas Instruments recently reported earnings per share (EPS) of $1.41 for the quarter, surpassing estimates and showing a year-over-year revenue increase of 16.4%.
• A quarterly dividend of $1.36 was declared recently, resulting in an annualized dividend yield of 2.7% and a high dividend payout ratio of 99.63%.

First Manhattan CO. LLC. reduced its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 18.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,066 shares of the semiconductor company's stock after selling 5,364 shares during the quarter. First Manhattan CO. LLC.'s holdings in Texas Instruments were worth $4,325,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Texas Instruments by 0.5% in the first quarter. Vanguard Group Inc. now owns 94,020,960 shares of the semiconductor company's stock valued at $16,895,567,000 after buying an additional 453,683 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in 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 buying an additional 428,356 shares during the last quarter. Invesco Ltd. lifted its holdings 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 purchasing an additional 1,731,411 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings 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 purchasing an additional 2,257,086 shares in the last quarter. Finally, Northern Trust Corp raised its position in Texas Instruments by 0.9% in the 1st quarter. Northern Trust Corp now owns 10,493,990 shares of the semiconductor company's stock valued at $1,885,770,000 after buying an additional 95,980 shares during the last quarter. 84.99% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TXN has been the subject of several recent research reports. TD Cowen reduced their price target on Texas Instruments from $245.00 to $230.00 and set a "buy" rating for the company in a research note on Wednesday, July 23rd. BNP Paribas raised Texas Instruments to a "strong sell" rating in a research note on Wednesday, July 23rd. Bank of America dropped their target price on Texas Instruments from $218.00 to $208.00 and set a "neutral" rating on the stock in a report on Friday. Stifel Nicolaus raised their target price on Texas Instruments from $160.00 to $192.00 and gave the stock a "hold" rating in a research report on Friday, July 18th. Finally, Rosenblatt Securities reissued a "buy" rating and set a $245.00 price objective on shares of Texas Instruments in a research note on Wednesday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have assigned a Hold rating and four have issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $211.90.

Insider Buying and Selling

In related news, VP Ahmad Bahai sold 1,500 shares of Texas Instruments stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $205.35, for a total value of $308,025.00. Following the completion of the transaction, the vice president owned 38,883 shares in the company, valued at approximately $7,984,624.05. This trade represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.57% of the company's stock.

Texas Instruments Stock Up 0.3%

Shares of Texas Instruments stock traded up $0.64 during midday trading on Friday, hitting $187.93. The company had a trading volume of 9,490,637 shares, compared to its average volume of 5,664,583. The company has a 50 day moving average of $200.79 and a 200 day moving average of $186.96. The company has a debt-to-equity ratio of 0.86, a quick ratio of 3.88 and a current ratio of 5.81. Texas Instruments Incorporated has a 52-week low of $139.95 and a 52-week high of $221.69. The stock has a market capitalization of $170.85 billion, a P/E ratio of 34.42, a P/E/G ratio of 3.06 and a beta of 1.02.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.32 by $0.09. The firm had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.31 billion. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%.The company's revenue for the quarter was up 16.4% on a year-over-year basis. During the same period last year, the business posted $1.17 EPS. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. On average, equities analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

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

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.