NBT Bank N A NY Lowers Stock Holdings in Texas Instruments Incorporated $TXN

Key Points

• NBT Bank N A NY reduced its holdings in Texas Instruments by 14.5% during the second quarter, bringing its total to 9,923 shares valued at approximately $2.06 million.
• Texas Instruments announced a dividend increase to $1.42 per share, up from $1.36, set to be paid on November 12th, reflecting a 3.1% dividend yield.
• The company's recent earnings report showed an increase in revenue to $4.45 billion, surpassing analyst expectations of $4.31 billion, with an earnings per share (EPS) of $1.41.

NBT Bank N A NY lessened its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 14.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,923 shares of the semiconductor company's stock after selling 1,684 shares during the quarter. NBT Bank N A NY's holdings in Texas Instruments were worth $2,060,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC boosted its holdings in Texas Instruments by 10.9% in the 1st quarter. Kestra Private Wealth Services LLC now owns 63,786 shares of the semiconductor company's stock valued at $11,462,000 after purchasing an additional 6,267 shares in the last quarter. Independent Advisor Alliance lifted its position in shares of Texas Instruments by 4.8% during the 1st quarter. Independent Advisor Alliance now owns 26,684 shares of the semiconductor company's stock valued at $4,795,000 after acquiring an additional 1,232 shares during the period. Baron Silver Stevens Financial Advisors LLC acquired a new stake in shares of Texas Instruments during the 2nd quarter valued at approximately $326,000. Farther Finance Advisors LLC lifted its position in shares of Texas Instruments by 34.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 16,363 shares of the semiconductor company's stock valued at $3,397,000 after acquiring an additional 4,191 shares during the period. Finally, Generate Investment Management Ltd lifted its position in shares of Texas Instruments by 40.0% during the 2nd quarter. Generate Investment Management Ltd now owns 87,796 shares of the semiconductor company's stock valued at $18,228,000 after acquiring an additional 25,105 shares during the period. Hedge funds and other institutional investors own 84.99% of the company's stock.

Insider Activity

In other news, VP Ahmad Bahai sold 1,500 shares of the business's stock in a transaction on Monday, August 25th. The shares were sold at an average price of $205.35, for a total transaction 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. The trade was a 3.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.57% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Wells Fargo & Company reduced their price target on shares of Texas Instruments from $215.00 to $195.00 and set an "equal weight" rating for the company in a research report on Wednesday, July 23rd. Arete began coverage on Texas Instruments in a research report on Thursday, June 26th. They set a "neutral" rating and a $203.80 price objective for the company. KeyCorp lifted their price objective on Texas Instruments from $215.00 to $240.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Texas Instruments in a research note on Wednesday. Finally, Benchmark reaffirmed a "buy" rating and issued a $220.00 target price on shares of Texas Instruments in a research note on Monday, September 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, fourteen have assigned a Hold rating and four have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Texas Instruments presently has an average rating of "Hold" and an average price target of $213.82.

Texas Instruments Stock Up 2.6%

TXN stock opened at $181.60 on Thursday. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $221.69. The company has a 50 day moving average price of $188.49 and a two-hundred day moving average price of $185.84. The stock has a market capitalization of $165.10 billion, a P/E ratio of 33.26, a PEG ratio of 2.89 and a beta of 1.01. The company has a debt-to-equity ratio of 0.86, a quick ratio of 3.88 and a current ratio of 5.81.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.09. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The company had revenue of $4.45 billion during the quarter, compared to analysts' expectations of $4.31 billion. During the same period in the previous year, the company earned $1.17 EPS. The business's quarterly revenue was up 16.4% compared to the same quarter last year. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. As a group, sell-side analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Increases Dividend

The business 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 of this dividend 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 is presently 99.63%.

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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