GLOBALT Investments LLC GA cut its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 5.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 33,093 shares of the semiconductor company's stock after selling 1,768 shares during the quarter. GLOBALT Investments LLC GA's holdings in Texas Instruments were worth $6,871,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. Kestra Private Wealth Services LLC increased its position in Texas Instruments by 10.9% during the 1st 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 increased its position 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 worth $4,795,000 after buying an additional 1,232 shares during the period. Baron Silver Stevens Financial Advisors LLC bought a new position in Texas Instruments during the second quarter worth $326,000. Farther Finance Advisors LLC lifted its holdings in Texas Instruments by 34.4% in the second quarter. Farther Finance Advisors LLC now owns 16,363 shares of the semiconductor company's stock valued at $3,397,000 after buying an additional 4,191 shares during the period. Finally, Generate Investment Management Ltd boosted its position in Texas Instruments by 40.0% during 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 last quarter. 84.99% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the business's stock in a transaction 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 in the company, valued at $7,984,624.05. The trade was a 3.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.57% of the company's stock.
Wall Street Analyst Weigh In
TXN has been the subject of several research analyst reports. Robert W. Baird set a $195.00 price objective on Texas Instruments and gave the stock an "outperform" rating in a research report on Wednesday. Rosenblatt Securities decreased their target price on Texas Instruments from $245.00 to $200.00 and set a "buy" rating for the company in a research note on Wednesday. Seaport Res Ptn raised Texas Instruments from a "strong sell" rating to a "hold" rating in a research note on Monday, July 21st. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Texas Instruments in a research report on Wednesday, October 8th. Finally, KeyCorp lifted their price objective on shares of Texas Instruments from $215.00 to $240.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have given a Hold rating and six have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $191.67.
Check Out Our Latest Stock Analysis on Texas Instruments
Texas Instruments Price Performance
TXN stock opened at $172.19 on Friday. The business has a 50-day simple moving average of $186.04 and a two-hundred day simple moving average of $185.94. Texas Instruments Incorporated has a 52-week low of $139.95 and a 52-week high of $221.69. The company has a market capitalization of $156.54 billion, a P/E ratio of 31.48, a price-to-earnings-growth ratio of 2.92 and a beta of 1.01. The company has a debt-to-equity ratio of 0.81, a quick ratio of 3.88 and a current ratio of 4.45.
Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share for the quarter, meeting analysts' consensus estimates of $1.48. The company had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.65 billion. Texas Instruments had a net margin of 29.21% and a return on equity of 30.41%. The firm's revenue was up 14.2% on a year-over-year basis. During the same period last year, the firm earned $1.44 earnings per share. Texas Instruments has set its Q4 2025 guidance at 1.130-1.390 EPS. Research analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.
Texas Instruments Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st will be issued a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 3.3%. This is a positive change from Texas Instruments's previous quarterly dividend of $1.36. The ex-dividend date of this dividend is Friday, October 31st. Texas Instruments's dividend payout ratio is currently 99.63%.
About Texas Instruments
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding TXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Instruments Incorporated (NASDAQ:TXN - Free Report).
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