Novare Capital Management LLC Sells 20,144 Shares of Texas Instruments Incorporated $TXN

Key Points

• Novare Capital Management LLC reduced its stake in Texas Instruments by 25.5%, selling 20,144 shares and holding 58,750 shares valued at approximately $12.2 million at the end of the last quarter.
• Texas Instruments reported higher than expected Q2 earnings, with $1.41 earnings per share, surpassing analyst estimates of $1.32, and a 16.4% year-over-year revenue increase.
• The company announced an increase in its quarterly dividend from $1.36 to $1.42, with a payment scheduled for November 12th, signaling a 3.2% yield.

Novare Capital Management LLC trimmed its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 25.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 58,750 shares of the semiconductor company's stock after selling 20,144 shares during the period. Novare Capital Management LLC's holdings in Texas Instruments were worth $12,198,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cloud Capital Management LLC bought a new stake in Texas Instruments during the first quarter worth about $28,000. Dagco Inc. bought a new stake in Texas Instruments during the first quarter worth about $32,000. CBIZ Investment Advisory Services LLC raised its holdings 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 acquiring an additional 75 shares in the last quarter. Peoples Financial Services CORP. bought a new stake in Texas Instruments during the second quarter worth about $42,000. Finally, N.E.W. Advisory Services LLC bought a new stake in Texas Instruments during the first quarter worth about $42,000. Institutional investors own 84.99% of the company's stock.

Texas Instruments Stock Up 0.6%

Shares of TXN opened at $176.58 on Friday. The stock has a market capitalization of $160.54 billion, a price-to-earnings ratio of 32.34, a PEG ratio of 2.97 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 stock has a fifty day moving average of $187.25 and a 200-day moving average of $185.56. 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 posted its quarterly earnings data 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 return on equity of 30.10% and a net margin of 30.23%.The business had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.31 billion. During the same period in the prior year, the business posted $1.17 earnings per share. Texas Instruments's quarterly revenue was up 16.4% on a year-over-year basis. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. As a group, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st will be paid a $1.42 dividend. The ex-dividend date is Friday, October 31st. This represents a $5.68 annualized dividend and a dividend yield of 3.2%. This is a boost from Texas Instruments's previous quarterly dividend of $1.36. Texas Instruments's dividend payout ratio (DPR) is 99.63%.

Wall Street Analyst Weigh In

TXN has been the topic of a number of recent analyst reports. Bank of America downgraded Texas Instruments from a "neutral" rating to an "underperform" rating and lowered their price target for the stock from $208.00 to $190.00 in a research report on Monday, October 13th. TD Cowen decreased their target price on Texas Instruments from $245.00 to $230.00 and set a "buy" rating on the stock in a research report on Wednesday, July 23rd. Rosenblatt Securities reaffirmed a "buy" rating and issued a $245.00 target price on shares of Texas Instruments in a research report on Wednesday, July 23rd. Wells Fargo & Company decreased their target price on Texas Instruments from $215.00 to $195.00 and set an "equal weight" rating on the stock in a research report on Wednesday, July 23rd. Finally, Susquehanna cut their price target 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 research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, thirteen have assigned a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $211.64.

Insider Activity at Texas Instruments

In other news, VP Ahmad Bahai sold 1,500 shares of the firm's stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $205.35, for a total value of $308,025.00. Following the completion of the sale, the vice president directly owned 38,883 shares in the company, valued at $7,984,624.05. This trade represents a 3.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.57% of the stock is currently owned by corporate insiders.

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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