Nexus Investment Management ULC Raises Holdings in Texas Instruments Incorporated $TXN

Key Points

• Nexus Investment Management ULC has increased its stake in Texas Instruments by 3.4% during the second quarter, now holding 105,043 shares valued at $21.8 million.
• Texas Instruments announced a quarterly dividend increase to $1.42 per share, reflecting an annual yield of 3.3%, set to be paid on November 12th.
• Texas Instruments reported $1.41 earnings per share for the latest quarter, exceeding analyst estimates and showing a 16.4% year-over-year revenue increase.

Nexus Investment Management ULC boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 3.4% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 105,043 shares of the semiconductor company's stock after buying an additional 3,423 shares during the quarter. Texas Instruments makes up about 3.3% of Nexus Investment Management ULC's holdings, making the stock its 15th biggest position. Nexus Investment Management ULC's holdings in Texas Instruments were worth $21,809,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the stock. Brighton Jones LLC boosted its stake in shares of Texas Instruments by 33.4% during the fourth quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock valued at $3,158,000 after acquiring an additional 4,218 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Texas Instruments by 21.8% in the 1st quarter. GAMMA Investing LLC now owns 19,043 shares of the semiconductor company's stock valued at $3,422,000 after purchasing an additional 3,402 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Texas Instruments by 2.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 495,548 shares of the semiconductor company's stock valued at $89,050,000 after purchasing an additional 11,057 shares in the last quarter. Ritholtz Wealth Management boosted its stake in shares of Texas Instruments by 14.6% during the 1st quarter. Ritholtz Wealth Management now owns 9,372 shares of the semiconductor company's stock worth $1,684,000 after purchasing an additional 1,195 shares during the last quarter. Finally, Exchange Traded Concepts LLC grew its holdings in shares of Texas Instruments by 574.0% during the first quarter. Exchange Traded Concepts LLC now owns 10,292 shares of the semiconductor company's stock worth $1,849,000 after buying an additional 8,765 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. UBS Group set a $255.00 price objective on shares of Texas Instruments in a research note on Tuesday, July 22nd. Seaport Res Ptn raised Texas Instruments from a "strong sell" rating to a "hold" rating in a research note on Monday, July 21st. Weiss Ratings restated a "hold (c+)" rating on shares of Texas Instruments in a report on Wednesday, October 8th. JPMorgan Chase & Co. lifted their price objective on Texas Instruments from $195.00 to $225.00 and gave the company an "overweight" rating in a research report on Wednesday, July 23rd. Finally, Benchmark reiterated a "buy" rating and set a $220.00 target price on shares of Texas Instruments in a research report on Monday, September 8th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, thirteen have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, Texas Instruments presently has a consensus rating of "Hold" and an average target price of $213.03.

Texas Instruments Stock Down 0.7%

TXN opened at $173.94 on Wednesday. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year high of $221.69. The firm has a 50 day moving average price of $187.88 and a 200 day moving average price of $185.67. The company has a debt-to-equity ratio of 0.86, a quick ratio of 3.88 and a current ratio of 5.81. The company has a market cap of $158.14 billion, a PE ratio of 31.86, a price-to-earnings-growth ratio of 2.86 and a beta of 1.01.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share for the quarter, beating analysts' consensus estimates of $1.32 by $0.09. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The firm had revenue of $4.45 billion for the quarter, compared to analysts' expectations of $4.31 billion. During the same period in the previous year, the company posted $1.17 earnings per share. Texas Instruments's 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. Sell-side analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Increases Dividend

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

Insider Buying and Selling

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the business's 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.57% of the stock is owned by company insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.