Matrix Asset Advisors Inc. NY Has $21.02 Million Position in Texas Instruments Incorporated $TXN

Key Points

• Matrix Asset Advisors Inc. has increased its stake in Texas Instruments by 6.6%, holding 101,233 shares worth approximately $21 million, making it the firm's 16th largest position.
• Texas Instruments has announced a quarterly dividend increase to $1.42 per share, with a dividend yield of 3.3% set to be paid on November 12th.
• The company reported a 16.4% year-over-year revenue growth, with Q2 earnings of $1.41 per share, exceeding analyst expectations of $1.32.

Matrix Asset Advisors Inc. NY grew its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 6.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 101,233 shares of the semiconductor company's stock after buying an additional 6,245 shares during the quarter. Texas Instruments makes up 2.1% of Matrix Asset Advisors Inc. NY's portfolio, making the stock its 16th largest position. Matrix Asset Advisors Inc. NY's holdings in Texas Instruments were worth $21,018,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TXN. Cloud Capital Management LLC acquired a new stake 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 first quarter valued at $32,000. CBIZ Investment Advisory Services LLC increased its stake in shares of Texas Instruments by 67.6% in the first quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company's stock valued at $33,000 after buying an additional 75 shares in the last quarter. N.E.W. Advisory Services LLC acquired a new stake in shares of Texas Instruments in the first quarter valued at $42,000. Finally, Peoples Financial Services CORP. acquired a new stake in shares of Texas Instruments in the second quarter valued at $42,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other 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 transaction, the vice president owned 38,883 shares in the company, valued at $7,984,624.05. The trade was a 3.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.57% of the company's stock.

Texas Instruments Price Performance

Texas Instruments stock opened at $171.70 on Friday. The firm has a market capitalization of $156.10 billion, a P/E ratio of 31.45, a PEG ratio of 2.80 and a beta of 1.01. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year high of $221.69. The business has a 50-day moving average of $188.26 and a 200-day moving average of $185.72. The company has a current ratio of 5.81, a quick ratio of 3.88 and a debt-to-equity ratio of 0.86.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) 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 analyst estimates of $4.31 billion. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%.The company's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.17 EPS. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. On average, equities analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st will be given a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Friday, October 31st. This is an increase from Texas Instruments's previous quarterly dividend of $1.36. Texas Instruments's dividend payout ratio is presently 99.63%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on TXN. Seaport Res Ptn upgraded Texas Instruments from a "strong sell" rating to a "hold" rating in a research note on Monday, July 21st. The Goldman Sachs Group initiated coverage on Texas Instruments in a research report on Thursday, July 10th. They issued a "buy" rating and a $255.00 price objective for the company. Benchmark reiterated a "buy" rating and issued a $220.00 price objective on shares of Texas Instruments in a research report on Monday, September 8th. Cantor Fitzgerald reiterated a "neutral" rating on shares of Texas Instruments in a research report on Tuesday, July 22nd. Finally, Mizuho lowered their price objective on Texas Instruments from $205.00 to $200.00 and set a "neutral" rating for the company in a research report on Wednesday, July 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, fourteen have issued a Hold rating and four have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $213.82.

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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