Kayne Anderson Rudnick Investment Management LLC Sells 19,742 Shares of Texas Instruments Incorporated $TXN

Key Points

• Kayne Anderson Rudnick Investment Management LLC reduced its stake in Texas Instruments by 20.3%, selling 19,742 shares to hold a total of 77,351 shares valued at approximately $13.9 million.
• Texas Instruments reported its Q2 earnings with an EPS of $1.41, surpassing estimates and showing a 16.4% year-over-year revenue increase to $4.45 billion.
• The company recently declared a quarterly dividend of $1.36 per share, yielding 2.6%, maintaining a high payout ratio close to 100%.

Kayne Anderson Rudnick Investment Management LLC lowered its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 20.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 77,351 shares of the semiconductor company's stock after selling 19,742 shares during the period. Kayne Anderson Rudnick Investment Management LLC's holdings in Texas Instruments were worth $13,900,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in TXN. Cloud Capital Management LLC bought a new position in shares of Texas Instruments in the 1st quarter valued at about $28,000. Copia Wealth Management bought a new position in shares of Texas Instruments in the 4th quarter valued at about $30,000. Dagco Inc. bought a new position in shares of Texas Instruments in the 1st quarter valued at about $32,000. Quintet Private Bank Europe S.A. bought a new position in shares of Texas Instruments in the 1st quarter valued at about $34,000. Finally, Park Square Financial Group LLC bought a new position in shares of Texas Instruments in the 4th quarter valued at about $41,000. Institutional investors own 84.99% of the company's stock.

Texas Instruments Stock Performance

NASDAQ TXN opened at $205.97 on Tuesday. 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 company has a market capitalization of $187.26 billion, a P/E ratio of 37.72, a P/E/G 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. The firm has a 50-day moving average price of $201.33 and a two-hundred day moving average price of $185.95.

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 (EPS) for the quarter, beating analysts' consensus estimates 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 net margin of 30.23% and a return on equity of 30.10%. The business's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.17 EPS. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on TXN. Morgan Stanley reissued an "underweight" rating on shares of Texas Instruments in a research report on Tuesday, July 22nd. Stifel Nicolaus lifted their price objective 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. Cantor Fitzgerald reissued a "neutral" rating on shares of Texas Instruments in a research report on Tuesday, July 22nd. Arete Research raised shares of Texas Instruments to a "hold" rating in a research report on Thursday, June 26th. Finally, The Goldman Sachs Group initiated coverage on shares of Texas Instruments in a report on Thursday, July 10th. They set a "buy" rating and a $255.00 target price for the company. 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. According to MarketBeat, the stock presently has an average rating of "Hold" and an average 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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