Great Lakes Advisors LLC Cuts Stock Position in Texas Instruments Incorporated $TXN

Key Points

• Great Lakes Advisors LLC significantly reduced its stake in Texas Instruments by 93.5%, ending the first quarter with ownership of just 2,798 shares.
• Texas Instruments reported a quarterly earnings per share of $1.41, beating expectations and indicating a 16.4% increase in year-over-year revenue.
• The company recently announced a quarterly dividend of $1.36 per share, yielding approximately 3.0%, with a high payout ratio of 99.63%.

Great Lakes Advisors LLC cut its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 93.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,798 shares of the semiconductor company's stock after selling 40,108 shares during the quarter. Great Lakes Advisors LLC's holdings in Texas Instruments were worth $503,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. grew its holdings 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 purchasing an additional 453,683 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake 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 period. Invesco Ltd. boosted its stake in Texas Instruments by 14.6% during the first quarter. Invesco Ltd. now owns 13,624,568 shares of the semiconductor company's stock worth $2,448,335,000 after buying an additional 1,731,411 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Texas Instruments by 20.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 13,197,863 shares of the semiconductor company's stock worth $2,371,657,000 after buying an additional 2,257,086 shares during the period. Finally, Northern Trust Corp boosted its stake in Texas Instruments by 0.9% during the first 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 period. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Stock Down 0.9%

NASDAQ:TXN opened at $182.60 on Friday. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $221.69. The company has a market cap of $166.01 billion, a price-to-earnings ratio of 33.44, a price-to-earnings-growth ratio of 3.01 and a beta of 1.02. The stock has a fifty day simple moving average of $197.93 and a 200-day simple moving average of $186.40. The company has a current ratio of 5.81, a quick ratio of 3.88 and a debt-to-equity ratio of 0.86.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data 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 firm's quarterly revenue was up 16.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.17 earnings per share. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 12th. Investors of record on Thursday, July 31st were issued a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Thursday, July 31st. Texas Instruments's payout ratio is presently 99.63%.

Analyst Ratings Changes

TXN has been the subject of several recent analyst reports. DZ Bank reaffirmed a "sell" rating and set a $158.00 price objective on shares of Texas Instruments in a research note on Wednesday, July 23rd. Wells Fargo & Company dropped their price objective on shares of Texas Instruments from $215.00 to $195.00 and set an "equal weight" rating for the company in a research note on Wednesday, July 23rd. Arete Research raised shares of Texas Instruments to a "hold" rating in a research note on Thursday, June 26th. Rosenblatt Securities reaffirmed a "buy" rating and set a $245.00 price objective on shares of Texas Instruments in a research note on Wednesday, July 23rd. Finally, KeyCorp lifted their price objective on shares of Texas Instruments from $215.00 to $240.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, thirteen have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $213.82.

Insider Buying and Selling at Texas Instruments

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 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.57% of the stock is owned by insiders.

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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