Ninety One UK Ltd Decreases Stake in Texas Instruments Incorporated $TXN

Key Points

• Ninety One UK Ltd decreased its stake in Texas Instruments by 20.0%, owning 417,430 shares after selling 104,349 shares in the second quarter, with holdings valued at approximately $86.67 million.
• Texas Instruments reported an earnings per share of $1.41, surpassing expectations, and had revenue of $4.45 billion for the quarter, marking a 16.4% increase year-over-year.
• The company announced a quarterly dividend increase to $1.42 per share, reflecting a 3.1% yield, paid to investors of record on October 31st.

Ninety One UK Ltd trimmed its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 20.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 417,430 shares of the semiconductor company's stock after selling 104,349 shares during the period. Ninety One UK Ltd's holdings in Texas Instruments were worth $86,667,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Cloud Capital Management LLC purchased a new stake in Texas Instruments during the 1st quarter valued at about $28,000. Dagco Inc. acquired a new position in shares of Texas Instruments during the 1st quarter worth approximately $32,000. CBIZ Investment Advisory Services LLC lifted its position in Texas Instruments by 67.6% during the first quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company's stock worth $33,000 after buying an additional 75 shares in the last quarter. Quintet Private Bank Europe S.A. purchased a new position in Texas Instruments during the first quarter worth approximately $34,000. Finally, Peoples Financial Services CORP. purchased a new position in Texas Instruments during the second quarter worth approximately $42,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Price Performance

Shares of TXN opened at $183.73 on Wednesday. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $221.69. The firm's fifty day simple moving average is $189.36 and its 200-day simple moving average is $185.87. The firm has a market capitalization of $167.04 billion, a price-to-earnings ratio of 33.65, a PEG ratio of 2.99 and a beta of 1.02. 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 EPS for the quarter, beating the consensus estimate of $1.32 by $0.09. The firm 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%.Texas Instruments's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.17 earnings per share. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Equities analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 12th. Investors 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 is a positive change from Texas Instruments's previous quarterly dividend of $1.36. This represents a $5.68 annualized dividend and a yield of 3.1%. Texas Instruments's dividend payout ratio (DPR) is presently 104.03%.

Insiders Place Their Bets

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the firm's stock in a transaction that occurred 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 sale, the vice president owned 38,883 shares of the company's stock, 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 Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.57% of the company's stock.

Analysts Set New Price Targets

TXN has been the subject of a number of recent research reports. Cowen reaffirmed a "hold" rating on shares of Texas Instruments in a research note on Wednesday, June 25th. Seaport Res Ptn upgraded shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a report on Monday, July 21st. Arete Research raised shares of Texas Instruments to a "hold" rating in a research report on Thursday, June 26th. KeyCorp raised their target price on Texas Instruments from $215.00 to $240.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Finally, Sanford C. Bernstein raised Texas Instruments from a "strong sell" rating to a "hold" rating in a research note on Thursday, June 5th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, thirteen have issued a Hold rating and four have given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $213.82.

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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