Public Employees Retirement System of Ohio Reduces Holdings in Texas Instruments Incorporated $TXN

Key Points

• The Public Employees Retirement System of Ohio has reduced its stake in Texas Instruments by 0.4%, owning 379,508 shares valued at approximately $78.8 million.
• Texas Instruments recently increased its quarterly dividend from $1.36 to $1.42, reflecting a 3.1% yield and an annualized payout of $5.68.
• Wall Street analysts have mixed ratings on Texas Instruments, with an average consensus rating of 'Hold' and a price target of $213.82.

Public Employees Retirement System of Ohio cut its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 0.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 379,508 shares of the semiconductor company's stock after selling 1,450 shares during the period. Public Employees Retirement System of Ohio's holdings in Texas Instruments were worth $78,793,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Cloud Capital Management LLC acquired a new position in Texas Instruments in the 1st quarter valued at $28,000. Copia Wealth Management acquired a new position in Texas Instruments during the fourth quarter worth about $30,000. Dagco Inc. acquired a new position in Texas Instruments during the first quarter worth $32,000. CBIZ Investment Advisory Services LLC grew its stake in Texas Instruments by 67.6% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company's stock valued at $33,000 after acquiring an additional 75 shares during the last quarter. Finally, Quintet Private Bank Europe S.A. purchased a new position in shares of Texas Instruments during the 1st quarter worth approximately $34,000. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Citigroup reiterated a "buy" rating on shares of Texas Instruments in a report on Tuesday, July 22nd. Susquehanna dropped their price objective on Texas Instruments from $250.00 to $240.00 and set a "positive" rating for the company in a report on Tuesday, July 22nd. Wells Fargo & Company cut their target price on shares of Texas Instruments from $215.00 to $195.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 23rd. JPMorgan Chase & Co. boosted their price target on Texas Instruments from $195.00 to $225.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 23rd. Finally, Benchmark restated a "buy" rating and issued a $220.00 target price on shares of Texas Instruments in a research note on Monday, September 8th. Two 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 issued 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 price target of $213.82.

Insider Activity

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the stock in a transaction 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 transaction, the vice president directly 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 transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.57% of the company's stock.

Texas Instruments Stock Performance

Shares of Texas Instruments stock opened at $182.04 on Wednesday. The stock has a market cap 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 quick ratio of 3.88, a current ratio of 5.81 and a debt-to-equity ratio of 0.86. The business has a fifty day simple moving average of $192.59 and a 200-day simple moving average of $185.67.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its earnings results 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. The company had revenue of $4.45 billion for the quarter, compared to the consensus estimate 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 quarter in the prior year, the company earned $1.17 EPS. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. On average, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Increases Dividend

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

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