Harvest Portfolios Group Inc. Grows Position in Texas Instruments Incorporated $TXN

Key Points

• Harvest Portfolios Group Inc. increased its stake in Texas Instruments by 7.0% to own 242,050 shares valued at approximately $43.5 million.
• Texas Instruments reported $1.41 EPS for the most recent quarter, exceeding analysts' estimates, driven by a 16.4% year-over-year revenue growth.
• The company announced a quarterly dividend of $1.36 per share, with a current yield of 2.6%, while its payout ratio stands at 99.63%.

Harvest Portfolios Group Inc. raised its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 7.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 242,050 shares of the semiconductor company's stock after buying an additional 15,871 shares during the quarter. Harvest Portfolios Group Inc.'s holdings in Texas Instruments were worth $43,496,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Caisse DE Depot ET Placement DU Quebec boosted its position in shares of Texas Instruments by 217.8% during the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,022,446 shares of the semiconductor company's stock valued at $183,734,000 after acquiring an additional 700,706 shares during the last quarter. Bank of Hawaii lifted its position in Texas Instruments by 5.2% in the first quarter. Bank of Hawaii now owns 5,341 shares of the semiconductor company's stock valued at $960,000 after buying an additional 266 shares during the last quarter. Islay Capital Management LLC lifted its position in Texas Instruments by 207.6% in the first quarter. Islay Capital Management LLC now owns 9,499 shares of the semiconductor company's stock valued at $1,707,000 after buying an additional 6,411 shares during the last quarter. Comerica Bank lifted its position in Texas Instruments by 1.7% in the first quarter. Comerica Bank now owns 261,162 shares of the semiconductor company's stock valued at $46,931,000 after buying an additional 4,443 shares during the last quarter. Finally, Jump Financial LLC lifted its position in Texas Instruments by 1,548.3% in the first quarter. Jump Financial LLC now owns 67,302 shares of the semiconductor company's stock valued at $12,094,000 after buying an additional 63,219 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Texas Instruments Stock Performance

Shares of TXN opened at $205.97 on Tuesday. 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 firm has a market cap of $187.26 billion, a PE ratio of 37.72, a price-to-earnings-growth ratio of 3.36 and a beta of 1.03. The company's 50 day simple moving average is $201.33 and its 200-day simple moving average is $185.95. 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 posted its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share for the quarter, beating 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 analyst estimates of $4.31 billion. During the same period last year, the firm posted $1.17 EPS. Texas Instruments's quarterly revenue was up 16.4% on a year-over-year basis. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. As a group, equities analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on TXN. TD Cowen reduced their price target on shares of Texas Instruments from $245.00 to $230.00 and set a "buy" rating on the stock in a research report on Wednesday, July 23rd. Benchmark increased their price target on shares of Texas Instruments from $200.00 to $220.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. The Goldman Sachs Group began 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 on the stock. Seaport Res Ptn raised shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a research report on Monday, July 21st. Finally, Truist Financial raised their target price on shares of Texas Instruments from $171.00 to $196.00 and gave the company a "hold" rating in a report on Wednesday, July 23rd. Two 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 stock. Based on data from MarketBeat.com, Texas Instruments has an average rating of "Hold" and a consensus price target of $212.21.

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.

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