Texas Instruments Incorporated $TXN Shares Sold by Orbis Allan Gray Ltd

Key Points

• Orbis Allan Gray Ltd significantly reduced its stake in Texas Instruments by 90.9% in Q1, selling over 1.5 million shares and bringing its holdings to approximately $27.7 million.
• Multiple analysts have upgraded their ratings for Texas Instruments, with target prices now ranging from $196 to $245, reflecting overall positive sentiment on the stock.
• The company recently announced a quarterly dividend of $1.36 per share, which translates to an annual yield of 2.7%, underscoring its solid financial performance.

Orbis Allan Gray Ltd lessened its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 90.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 154,241 shares of the semiconductor company's stock after selling 1,532,840 shares during the quarter. Orbis Allan Gray Ltd's holdings in Texas Instruments were worth $27,717,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Activest Wealth Management increased its holdings in shares of Texas Instruments by 80.9% in the 1st quarter. Activest Wealth Management now owns 398 shares of the semiconductor company's stock valued at $71,000 after acquiring an additional 178 shares during the last quarter. Palogic Value Management L.P. increased its holdings in shares of Texas Instruments by 16.9% in the 1st quarter. Palogic Value Management L.P. now owns 4,450 shares of the semiconductor company's stock valued at $800,000 after acquiring an additional 643 shares during the last quarter. Vident Advisory LLC boosted its position in shares of Texas Instruments by 49.7% in the 1st quarter. Vident Advisory LLC now owns 41,210 shares of the semiconductor company's stock valued at $7,406,000 after purchasing an additional 13,683 shares during the period. Evergreen Capital Management LLC boosted its position in shares of Texas Instruments by 21.4% in the 1st quarter. Evergreen Capital Management LLC now owns 10,793 shares of the semiconductor company's stock valued at $1,940,000 after purchasing an additional 1,904 shares during the period. Finally, WPG Advisers LLC acquired a new stake in shares of Texas Instruments in the 1st quarter valued at about $84,000. Hedge funds and other institutional investors own 84.99% of the company's stock.

Insiders Place Their Bets

In related news, VP Ahmad Bahai sold 1,500 shares of Texas Instruments stock in a transaction 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 owned 38,883 shares in the company, valued at approximately $7,984,624.05. This trade represents a 3.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.57% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on TXN shares. Susquehanna decreased their target price on Texas Instruments from $250.00 to $240.00 and set a "positive" rating for the company in a research report on Tuesday, July 22nd. TD Cowen decreased their target price on Texas Instruments from $245.00 to $230.00 and set a "buy" rating for the company in a research report on Wednesday, July 23rd. Arete assumed coverage on Texas Instruments in a research report on Thursday, June 26th. They issued a "neutral" rating and a $203.80 target price for the company. Rosenblatt Securities reaffirmed a "buy" rating and set a $245.00 price objective on shares of Texas Instruments in a research report on Wednesday, July 23rd. Finally, Wolfe Research raised Texas Instruments from a "peer perform" rating to an "outperform" rating and set a $230.00 price objective for the company in a research report on Monday, July 28th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, thirteen have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, Texas Instruments presently has an average rating of "Hold" and an average price target of $212.21.

Texas Instruments Price Performance

Shares of TXN traded down $4.07 during mid-day trading on Wednesday, hitting $195.74. The company's stock had a trading volume of 6,794,361 shares, compared to its average volume of 7,174,877. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $221.69. The firm has a market capitalization of $177.95 billion, a P/E ratio of 35.85, a P/E/G ratio of 3.30 and a beta of 1.02. The firm has a 50-day simple moving average of $201.74 and a 200 day simple moving average of $186.86. 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 released its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.09. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%.The firm had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.31 billion. During the same period last year, the business posted $1.17 EPS. 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. Analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 12th. Stockholders of record on Thursday, July 31st were issued a dividend of $1.36 per share. The ex-dividend date was Thursday, July 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.8%. Texas Instruments's dividend payout ratio (DPR) is 99.63%.

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.