Procyon Advisors LLC Has $1.37 Million Position in Texas Instruments Incorporated $TXN

Key Points

• Procyon Advisors LLC reduced its stake in Texas Instruments by 57.5%, selling 8,910 shares and leaving it with 6,592 shares worth approximately $1.37 million.
• Texas Instruments announced a quarterly dividend of $1.36 per share, representing an annualized dividend of $5.44 and a dividend yield of 3.0%.
• The company reported earnings of $1.41 EPS for the last quarter, exceeding analyst estimates of $1.32, with revenue increasing by 16.4% compared to the prior year.

Procyon Advisors LLC lessened its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 57.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,592 shares of the semiconductor company's stock after selling 8,910 shares during the quarter. Procyon Advisors LLC's holdings in Texas Instruments were worth $1,369,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Affinity Capital Advisors LLC purchased a new position in Texas Instruments in the second quarter worth approximately $213,000. Aaron Wealth Advisors LLC boosted its position in shares of Texas Instruments by 3.9% during the 2nd quarter. Aaron Wealth Advisors LLC now owns 6,649 shares of the semiconductor company's stock worth $1,380,000 after purchasing an additional 251 shares in the last quarter. Balefire LLC purchased a new stake in shares of Texas Instruments during the 2nd quarter worth $240,000. Berkshire Bank boosted its position in shares of Texas Instruments by 4.9% in the 2nd quarter. Berkshire Bank now owns 13,059 shares of the semiconductor company's stock worth $2,711,000 after buying an additional 612 shares in the last quarter. Finally, Fiduciary Alliance LLC raised its stake in 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. Hedge funds and other institutional investors own 84.99% of the company's stock.

Insider Activity

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

Texas Instruments Price Performance

TXN stock traded up $1.32 during trading on Thursday, hitting $181.62. The company had a trading volume of 7,933,270 shares, compared to its average volume of 6,537,873. The company has a fifty day moving average price of $194.96 and a two-hundred day moving average price of $185.97. 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 company has a market cap of $165.12 billion, a P/E ratio of 33.26, a P/E/G ratio of 2.94 and a beta of 1.02. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $221.69.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly 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. 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 for the quarter, compared to analyst estimates of $4.31 billion. During the same quarter in the previous year, the firm earned $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. Equities research analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 12th. Stockholders of record on Thursday, July 31st were paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Thursday, July 31st. Texas Instruments's dividend payout ratio is 99.63%.

Wall Street Analysts Forecast Growth

TXN has been the subject of a number of research analyst reports. TD Cowen dropped their price objective on shares of Texas Instruments from $245.00 to $230.00 and set a "buy" rating for the company in a research note on Wednesday, July 23rd. UBS Group set a $255.00 target price on Texas Instruments in a research note on Tuesday, July 22nd. Cowen reiterated a "hold" rating on shares of Texas Instruments in a research report on Wednesday, June 25th. Wolfe Research raised Texas Instruments from a "peer perform" rating to an "outperform" rating and set a $230.00 price target for the company in a research note on Monday, July 28th. Finally, DZ Bank reaffirmed a "sell" rating and set a $158.00 price target on shares of Texas Instruments in a research note on Wednesday, July 23rd. Two 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 issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $213.82.

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.