Gabelli Funds LLC Sells 2,874 Shares of Texas Instruments Incorporated $TXN

Key Points

• Gabelli Funds LLC reduced its holdings in Texas Instruments by 0.8%, now owning 362,431 shares valued at $65.13 million.
• Texas Instruments reported earnings of $1.41 per share, exceeding estimates, with revenues reaching $4.45 billion, a 16.4% increase year-over-year.
• The company declared a quarterly dividend of $1.36 per share, resulting in a dividend yield of 2.6% and a payout ratio of 99.63%.

Gabelli Funds LLC cut its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 0.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 362,431 shares of the semiconductor company's stock after selling 2,874 shares during the period. Gabelli Funds LLC's holdings in Texas Instruments were worth $65,129,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kestra Private Wealth Services LLC boosted its stake in Texas Instruments by 10.9% in the first quarter. Kestra Private Wealth Services LLC now owns 63,786 shares of the semiconductor company's stock worth $11,462,000 after buying an additional 6,267 shares in the last quarter. Independent Advisor Alliance boosted its stake in shares of Texas Instruments by 4.8% during the first quarter. Independent Advisor Alliance now owns 26,684 shares of the semiconductor company's stock valued at $4,795,000 after purchasing an additional 1,232 shares during the period. Gries Financial LLC purchased a new stake in shares of Texas Instruments during the first quarter valued at approximately $243,000. Brighton Jones LLC boosted its stake in shares of Texas Instruments by 33.4% during the fourth quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock valued at $3,158,000 after purchasing an additional 4,218 shares during the period. Finally, JARISLOWSKY FRASER Ltd boosted its stake in shares of Texas Instruments by 7.4% during the fourth quarter. JARISLOWSKY FRASER Ltd now owns 2,390 shares of the semiconductor company's stock valued at $448,000 after purchasing an additional 165 shares during the period. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Price Performance

TXN opened at $205.97 on Tuesday. The stock has a fifty day simple moving average of $201.33 and a two-hundred day simple moving average of $185.95. 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 $187.26 billion, a price-to-earnings ratio of 37.72, a price-to-earnings-growth ratio of 3.36 and a beta of 1.03. 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 issued its quarterly 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 firm had revenue of $4.45 billion during 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 was up 16.4% on a year-over-year basis. During the same period last year, the company earned $1.17 earnings per share. 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 12th. Stockholders of record on Thursday, July 31st were given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Thursday, July 31st. Texas Instruments's payout ratio is presently 99.63%.

Analyst Ratings Changes

A number of research firms have recently weighed in on TXN. KeyCorp increased their price objective on Texas Instruments from $215.00 to $240.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Seaport Res Ptn upgraded Texas Instruments from a "strong sell" rating to a "hold" rating in a report on Monday, July 21st. Cantor Fitzgerald restated a "neutral" rating on shares of Texas Instruments in a report on Tuesday, July 22nd. Morgan Stanley restated an "underweight" rating on shares of Texas Instruments in a report on Tuesday, July 22nd. Finally, UBS Group set a $255.00 target price on Texas Instruments in a report on Tuesday, July 22nd. Two research 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 data from MarketBeat, Texas Instruments has a consensus rating of "Hold" and an average price target of $212.21.

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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