Norden Group LLC Sells 19,844 Shares of Texas Instruments Incorporated $TXN

Key Points

• Norden Group LLC sold 19,844 shares of Texas Instruments, reducing its stake by 61.0%, leaving them with 12,675 shares valued at $2,632,000.
• Recent reports indicate a mixed outlook from analysts for Texas Instruments, with price targets ranging from $192.00 to $255.00 and a consensus rating of "Hold."
• Texas Instruments announced a quarterly dividend increase from $1.36 to $1.42, reflecting commitment to returning value to shareholders despite a high payout ratio of 99.63%.

Norden Group LLC lowered its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 61.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,675 shares of the semiconductor company's stock after selling 19,844 shares during the period. Norden Group LLC's holdings in Texas Instruments were worth $2,632,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Cloud Capital Management LLC bought a new stake in shares of Texas Instruments in the 1st quarter valued at about $28,000. Copia Wealth Management bought a new stake in shares of Texas Instruments in the 4th quarter valued at about $30,000. Dagco Inc. bought a new position in Texas Instruments during the 1st quarter valued at approximately $32,000. CBIZ Investment Advisory Services LLC raised its position in Texas Instruments by 67.6% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company's stock valued at $33,000 after purchasing an additional 75 shares during the last quarter. Finally, Quintet Private Bank Europe S.A. bought a new position in Texas Instruments during the 1st quarter valued at approximately $34,000. Institutional investors own 84.99% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on TXN. Sanford C. Bernstein raised Texas Instruments from a "strong sell" rating to a "hold" rating in a research report on Thursday, June 5th. Wells Fargo & Company lowered their price target on 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. Morgan Stanley lowered their price target on Texas Instruments from $197.00 to $192.00 and set an "underweight" rating for the company in a research report on Friday, September 12th. JPMorgan Chase & Co. upped their price target 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, UBS Group set a $255.00 target price on Texas Instruments in a report on Tuesday, July 22nd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, thirteen have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $213.82.

Insider Transactions at Texas Instruments

In related news, VP Ahmad Bahai sold 1,500 shares of the company'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 directly owned 38,883 shares of the company's stock, valued at approximately $7,984,624.05. This represents a 3.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.57% of the company's stock.

Texas Instruments Stock Performance

TXN stock opened at $182.04 on Wednesday. The stock has a market capitalization of $165.50 billion, a PE ratio of 33.34, a price-to-earnings-growth ratio of 2.93 and a beta of 1.02. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $221.69. The company has a current ratio of 5.81, a quick ratio of 3.88 and a debt-to-equity ratio of 0.86. The stock's 50 day simple moving average is $192.59 and its 200 day simple moving average is $185.67.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released 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. The business had revenue of $4.45 billion for the quarter, compared to analysts' expectations of $4.31 billion. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%.The firm's quarterly revenue was up 16.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.17 EPS. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. As a group, research analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 12th. Investors of record on Friday, October 31st will be given a $1.42 dividend. This is a boost from Texas Instruments's previous quarterly dividend of $1.36. The ex-dividend date of this dividend is Friday, October 31st. This represents a $5.68 annualized dividend and a yield of 3.1%. Texas Instruments's payout ratio is currently 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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