Knights of Columbus Asset Advisors LLC Buys 28,695 Shares of Texas Instruments Incorporated $TXN

Key Points

• Knights of Columbus Asset Advisors LLC increased its stake in Texas Instruments by 70.6%, acquiring an additional 28,695 shares in the second quarter, bringing its total holdings to 69,317 shares valued at approximately $14.39 million.
• Texas Instruments reported earnings of $1.41 per share for the last quarter, exceeding analysts' expectations, and announced a quarterly dividend increase to $1.42 per share, representing a dividend yield of 3.1%.
• The company's stock is experiencing mixed analyst ratings, with two analysts recommending a "Strong Buy," while the average target price stands at $213.82, according to recent research reports.

Knights of Columbus Asset Advisors LLC lifted its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 70.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 69,317 shares of the semiconductor company's stock after buying an additional 28,695 shares during the period. Texas Instruments comprises approximately 0.9% of Knights of Columbus Asset Advisors LLC's holdings, making the stock its 22nd largest holding. Knights of Columbus Asset Advisors LLC's holdings in Texas Instruments were worth $14,392,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Cloud Capital Management LLC acquired a new stake in shares of Texas Instruments during the first quarter worth approximately $28,000. Dagco Inc. bought a new position in Texas Instruments in the 1st quarter valued at $32,000. CBIZ Investment Advisory Services LLC boosted its stake in Texas Instruments by 67.6% in the first quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company's stock worth $33,000 after purchasing an additional 75 shares in the last quarter. Quintet Private Bank Europe S.A. acquired a new stake in shares of Texas Instruments in the first quarter valued at $34,000. Finally, N.E.W. Advisory Services LLC bought a new position in shares of Texas Instruments in the first quarter valued at about $42,000. Institutional investors and hedge funds own 84.99% of the company's stock.

Texas Instruments Stock Down 1.1%

Texas Instruments stock opened at $180.32 on Monday. The company has a 50 day moving average of $189.08 and a 200-day moving average of $185.92. The company has a quick ratio of 3.88, a current ratio of 5.81 and a debt-to-equity ratio of 0.86. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $221.69. The stock has a market capitalization of $163.94 billion, a PE ratio of 33.03, a price-to-earnings-growth ratio of 2.95 and a beta of 1.01.

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, topping the consensus estimate of $1.32 by $0.09. The company had revenue of $4.45 billion during the quarter, compared to analysts' expectations of $4.31 billion. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%.Texas Instruments's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.17 earnings per share. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. On average, equities research analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st will be paid a dividend of $1.42 per share. The ex-dividend date is Friday, October 31st. This represents a $5.68 annualized dividend and a dividend yield of 3.1%. This is a boost from Texas Instruments's previous quarterly dividend of $1.36. Texas Instruments's dividend payout ratio (DPR) is presently 99.63%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on TXN shares. Rosenblatt Securities reissued a "buy" rating and issued a $245.00 target price on shares of Texas Instruments in a research note on Wednesday, July 23rd. Truist Financial upped their price objective on Texas Instruments from $171.00 to $196.00 and gave the company a "hold" rating in a report on Wednesday, July 23rd. Morgan Stanley reduced their target price on Texas Instruments from $197.00 to $192.00 and set an "underweight" rating on the stock in a report on Friday, September 12th. Citigroup reaffirmed a "buy" rating on shares of Texas Instruments in a research note on Tuesday, July 22nd. Finally, TD Cowen reduced their price objective on shares of Texas Instruments from $245.00 to $230.00 and set a "buy" rating on the stock in a research note on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, fourteen have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $213.82.

Insider Activity

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 transaction of $308,025.00. Following the completion of the transaction, the vice president owned 38,883 shares in the company, valued at approximately $7,984,624.05. This trade represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.57% of the company's stock.

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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