Pallas Capital Advisors LLC Sells 2,152 Shares of Texas Instruments Incorporated $TXN

Key Points

• Pallas Capital Advisors LLC has reduced its stake in Texas Instruments by 27.9%, now holding 5,559 shares worth approximately $1,154,000.
• Multiple large investors have adjusted their positions, with Vanguard Group Inc. increasing its stake by 0.5% and other firms also boosting their holdings.
• Texas Instruments announced a quarterly dividend increase from $1.36 to $1.42 per share, reflecting a positive change in its dividend yield to 3.1%.

Pallas Capital Advisors LLC reduced its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 27.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,559 shares of the semiconductor company's stock after selling 2,152 shares during the period. Pallas Capital Advisors LLC's holdings in Texas Instruments were worth $1,154,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Affinity Capital Advisors LLC bought a new stake in Texas Instruments during the 2nd quarter worth $213,000. Aaron Wealth Advisors LLC increased its position in Texas Instruments by 3.9% in the 2nd quarter. Aaron Wealth Advisors LLC now owns 6,649 shares of the semiconductor company's stock valued at $1,380,000 after acquiring an additional 251 shares during the period. Balefire LLC acquired a new position in Texas Instruments during the 2nd quarter worth about $240,000. Berkshire Bank increased its position in Texas Instruments by 4.9% during the 2nd quarter. Berkshire Bank now owns 13,059 shares of the semiconductor company's stock valued at $2,711,000 after purchasing an additional 612 shares during the period. Finally, Fiduciary Alliance LLC boosted its stake in shares of Texas Instruments by 4.7% in the 2nd quarter. Fiduciary Alliance LLC now owns 34,255 shares of the semiconductor company's stock valued at $7,112,000 after purchasing an additional 1,531 shares during the last quarter. Institutional investors own 84.99% of the company's stock.

Texas Instruments Stock Performance

Shares of TXN stock traded down $2.25 during trading hours on Friday, hitting $179.37. 16,187,326 shares of the company were exchanged, compared to its average volume of 6,670,172. The firm has a fifty day simple moving average of $194.12 and a 200 day simple moving average of $185.86. Texas Instruments Incorporated has a 52-week low of $139.95 and a 52-week high of $221.69. The stock has a market capitalization of $163.07 billion, a price-to-earnings ratio of 32.85, a P/E/G ratio of 2.97 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 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 firm 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 company earned $1.17 EPS. The company's quarterly 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. Research analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st will be issued a dividend of $1.42 per share. The ex-dividend date is Friday, October 31st. This represents a $5.68 annualized dividend and a dividend yield of 3.2%. This is an increase from Texas Instruments's previous quarterly dividend of $1.36. Texas Instruments's dividend payout ratio is presently 99.63%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Stifel Nicolaus increased their price target on Texas Instruments from $160.00 to $192.00 and gave the stock a "hold" rating in a report on Friday, July 18th. KeyCorp increased their price objective on Texas Instruments from $215.00 to $240.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Arete Research upgraded Texas Instruments to a "hold" rating in a research note on Thursday, June 26th. Truist Financial raised their target price on Texas Instruments from $171.00 to $196.00 and gave the stock a "hold" rating in a research note on Wednesday, July 23rd. Finally, Mizuho lowered their price objective on Texas Instruments from $205.00 to $200.00 and set a "neutral" rating for the company in a research report on Wednesday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have assigned a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $213.82.

Insider Buying and Selling at Texas Instruments

In related news, VP Ahmad Bahai sold 1,500 shares of the business'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 completion of the transaction, the vice president owned 38,883 shares in the company, valued at approximately $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 Securities & Exchange Commission, which can be accessed through this link. 0.57% of the stock is owned by company 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.