McElhenny Sheffield Capital Management LLC Takes Position in Texas Instruments Incorporated $TXN

Key Points

• McElhenny Sheffield Capital Management LLC has acquired a new stake in Texas Instruments, purchasing 14,072 shares valued at approximately $2.9 million.
• The company's recent earnings report showed an EPS of $1.41, surpassing expectations, with a revenue of $4.45 billion for the quarter, a 16.4% increase year-over-year.
• Texas Instruments announced a quarterly dividend increase to $1.42, with a dividend yield of 3.1%, set to be paid on November 12th.

McElhenny Sheffield Capital Management LLC acquired a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,072 shares of the semiconductor company's stock, valued at approximately $2,922,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of TXN. Nuveen LLC acquired a new position in Texas Instruments in the 1st quarter worth approximately $711,387,000. Price T Rowe Associates Inc. MD boosted its position in Texas Instruments by 20.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 13,197,863 shares of the semiconductor company's stock worth $2,371,657,000 after purchasing an additional 2,257,086 shares in the last quarter. Jennison Associates LLC boosted its position in Texas Instruments by 2,898.0% in the 1st quarter. Jennison Associates LLC now owns 2,214,471 shares of the semiconductor company's stock worth $397,940,000 after purchasing an additional 2,140,605 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in Texas Instruments by 117.1% in the 2nd quarter. Assenagon Asset Management S.A. now owns 3,500,474 shares of the semiconductor company's stock worth $726,768,000 after purchasing an additional 1,888,354 shares in the last quarter. Finally, Invesco Ltd. boosted its position in Texas Instruments by 14.6% in the 1st quarter. Invesco Ltd. now owns 13,624,568 shares of the semiconductor company's stock worth $2,448,335,000 after purchasing an additional 1,731,411 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Wall Street Analysts Forecast Growth

TXN has been the topic of several recent research reports. Citigroup restated a "buy" rating on shares of Texas Instruments in a research report on Tuesday, July 22nd. Morgan Stanley decreased their price objective on Texas Instruments from $197.00 to $192.00 and set an "underweight" rating for the company in a research note on Friday, September 12th. Mizuho decreased their price objective on Texas Instruments from $205.00 to $200.00 and set a "neutral" rating for the company in a research note on Wednesday, July 23rd. JPMorgan Chase & Co. boosted their target price on Texas Instruments from $195.00 to $225.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 23rd. Finally, Susquehanna decreased their target price on Texas Instruments from $250.00 to $240.00 and set a "positive" rating for the company in a research note on Tuesday, July 22nd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $213.82.

Texas Instruments Trading Up 2.6%

TXN opened at $181.60 on Thursday. The firm has a market cap of $165.10 billion, a price-to-earnings ratio of 33.26, a price-to-earnings-growth ratio of 2.89 and a beta of 1.01. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $221.69. The business's 50 day moving average is $188.49 and its two-hundred day moving average is $185.84. 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 (NASDAQ:TXN - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, topping the consensus estimate of $1.32 by $0.09. The company had revenue of $4.45 billion for 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 firm's revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.17 earnings per share. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. On average, research analysts predict 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 issued a $1.42 dividend. The ex-dividend date of this dividend is Friday, October 31st. This is an increase from Texas Instruments's previous quarterly dividend of $1.36. This represents a $5.68 dividend on an annualized basis and a dividend yield of 3.1%. Texas Instruments's dividend payout ratio is presently 99.63%.

Insider Activity

In other news, VP Ahmad Bahai sold 1,500 shares of the business's stock in a transaction that occurred 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 transaction, the vice president owned 38,883 shares of the company's stock, valued at approximately $7,984,624.05. The trade was 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 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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