KLP Kapitalforvaltning AS Has $67.79 Million Stake in Texas Instruments Incorporated $TXN

Key Points

• KLP Kapitalforvaltning AS has increased its stake in Texas Instruments by 2.7%, now holding 326,485 shares valued at approximately $67.79 million.
• Texas Instruments recently announced a quarterly dividend increase to $1.42, set to be paid on November 12th, reflecting a 3.1% yield.
• Analysts maintain varied ratings on Texas Instruments, with a consensus price target of $213.82 and significant upgrades from several financial institutions.

KLP Kapitalforvaltning AS increased its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 326,485 shares of the semiconductor company's stock after purchasing an additional 8,700 shares during the period. KLP Kapitalforvaltning AS's holdings in Texas Instruments were worth $67,785,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Cloud Capital Management LLC bought a new position in shares of Texas Instruments in the first quarter valued at $28,000. Dagco Inc. acquired a new stake in shares of Texas Instruments in the 1st quarter worth about $32,000. CBIZ Investment Advisory Services LLC raised its holdings in shares of Texas Instruments by 67.6% in 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. bought a new position in Texas Instruments in the 1st quarter valued at about $34,000. Finally, Peoples Financial Services CORP. acquired a new position in Texas Instruments during the 2nd quarter valued at about $42,000. Institutional investors own 84.99% of the company's stock.

Insiders Place Their Bets

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the firm'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 completion of the sale, the vice president directly owned 38,883 shares of the company's stock, valued at $7,984,624.05. This trade represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.57% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Benchmark reissued a "buy" rating and issued a $220.00 price objective on shares of Texas Instruments in a research note on Monday, September 8th. UBS Group set a $255.00 price target on Texas Instruments in a research report on Tuesday, July 22nd. Citigroup reaffirmed a "buy" rating on shares of Texas Instruments in a report on Tuesday, July 22nd. Wells Fargo & Company reduced their target price 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. Finally, KeyCorp raised their price target on shares of Texas Instruments from $215.00 to $240.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, fourteen have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $213.82.

Texas Instruments Trading Up 0.8%

NASDAQ TXN opened at $181.81 on Tuesday. The business's fifty day moving average is $188.93 and its 200-day moving average is $185.94. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.81 and a quick ratio of 3.88. The stock has a market capitalization of $165.29 billion, a price-to-earnings ratio of 33.30, a PEG ratio of 2.95 and a beta of 1.01. Texas Instruments Incorporated has a one year low of $139.95 and a one year 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 (EPS) for the quarter, topping analysts' consensus estimates of $1.32 by $0.09. The business 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 firm's quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.17 earnings per share. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Equities research analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 12th. Investors of record on Friday, October 31st will be paid a $1.42 dividend. The ex-dividend date is Friday, October 31st. This is a positive change from Texas Instruments's previous quarterly dividend of $1.36. This represents a $5.68 annualized dividend and a yield of 3.1%. Texas Instruments's dividend payout ratio (DPR) is currently 104.03%.

About Texas Instruments

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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