Greenwood Capital Associates LLC Cuts Stock Holdings in Texas Instruments Incorporated $TXN

Key Points

• Greenwood Capital Associates LLC reduced its holdings in Texas Instruments by 19.5%, owning 33,455 shares worth $6,946,000 after selling 8,089 shares during the second quarter.
• Texas Instruments plans to increase its quarterly dividend from $1.36 to $1.42, indicating a positive change with a dividend yield of 3.1%.
• Analysts have varied opinions on Texas Instruments, with a consensus rating of "Hold" and a target price of $213.82, while recent price targets from analysts range from $195.00 to $255.00.

Greenwood Capital Associates LLC trimmed its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 19.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,455 shares of the semiconductor company's stock after selling 8,089 shares during the quarter. Greenwood Capital Associates LLC's holdings in Texas Instruments were worth $6,946,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Cloud Capital Management LLC purchased a new position in Texas Instruments during the 1st quarter worth $28,000. Dagco Inc. purchased a new position in Texas Instruments during the 1st quarter worth $32,000. CBIZ Investment Advisory Services LLC boosted its holdings in Texas Instruments by 67.6% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company's stock worth $33,000 after acquiring an additional 75 shares during the last quarter. Quintet Private Bank Europe S.A. purchased a new position in Texas Instruments during the 1st quarter worth $34,000. Finally, Peoples Financial Services CORP. purchased a new position in Texas Instruments during the 2nd quarter worth $42,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, VP Ahmad Bahai sold 1,500 shares of the stock in a transaction dated Monday, August 25th. The shares were 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 of the company's stock, valued at approximately $7,984,624.05. This represents a 3.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.57% of the company's stock.

Analyst Upgrades and Downgrades

TXN has been the subject of several research reports. Wells Fargo & Company reduced their price target on shares of Texas Instruments from $215.00 to $195.00 and set an "equal weight" rating for the company in a research report on Wednesday, July 23rd. The Goldman Sachs Group initiated coverage on shares of Texas Instruments in a research report on Thursday, July 10th. They set a "buy" rating and a $255.00 price target for the company. Cowen restated a "hold" rating on shares of Texas Instruments in a research report on Wednesday, June 25th. Stifel Nicolaus increased their price target on shares of Texas Instruments from $160.00 to $192.00 and gave the company a "hold" rating in a research report on Friday, July 18th. Finally, Morgan Stanley reduced their price target on shares of Texas Instruments from $197.00 to $192.00 and set an "underweight" rating for the company in a research report on Friday, September 12th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, thirteen have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $213.82.

Texas Instruments Price Performance

NASDAQ TXN opened at $182.32 on Friday. The company has a market cap of $165.75 billion, a PE ratio of 33.39, a price-to-earnings-growth ratio of 2.95 and a beta of 1.01. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $221.69. The company has a quick ratio of 3.88, a current ratio of 5.81 and a debt-to-equity ratio of 0.86. The firm's 50-day simple moving average is $189.18 and its two-hundred day simple moving average is $185.85.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced 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. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The firm had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.31 billion. During the same period in the prior year, the firm posted $1.17 earnings per share. The company's revenue for the quarter was up 16.4% on a year-over-year basis. 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 year.

Texas Instruments Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st will be issued a $1.42 dividend. The ex-dividend date of this dividend is Friday, October 31st. This is a positive change from Texas Instruments's previous quarterly dividend of $1.36. This represents a $5.68 dividend on an annualized basis and a dividend yield of 3.1%. Texas Instruments's payout ratio is currently 99.63%.

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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