Rafferty Asset Management LLC Raises Stock Position in Texas Instruments Incorporated $TXN

Key Points

• Rafferty Asset Management LLC increased its stake in Texas Instruments by 6.2%, now holding approximately 2.7 million shares, which accounts for 2.1% of its investment portfolio.
• Texas Instruments reported $1.41 EPS for the last quarter, exceeding the consensus estimate of $1.32, with revenues reaching $4.45 billion, a 16.4% increase year-over-year.
• The company announced a quarterly dividend of $1.36 per share, reflecting a 2.6% yield with a payout ratio of 99.63%.

Rafferty Asset Management LLC increased its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 6.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,721,238 shares of the semiconductor company's stock after purchasing an additional 159,577 shares during the quarter. Texas Instruments makes up 2.1% of Rafferty Asset Management LLC's investment portfolio, making the stock its 8th biggest holding. Rafferty Asset Management LLC owned approximately 0.30% of Texas Instruments worth $489,006,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Cloud Capital Management LLC bought a new stake in shares of Texas Instruments in the first quarter worth $28,000. Copia Wealth Management bought a new stake in shares of Texas Instruments in the fourth quarter worth $30,000. Dagco Inc. bought a new stake in shares of Texas Instruments in the first quarter worth $32,000. Quintet Private Bank Europe S.A. bought a new stake in shares of Texas Instruments in the first quarter worth $34,000. Finally, Park Square Financial Group LLC bought a new stake in shares of Texas Instruments in the fourth quarter worth $41,000. Institutional investors own 84.99% of the company's stock.

Texas Instruments Price Performance

Shares of NASDAQ TXN opened at $205.97 on Tuesday. The firm's 50-day moving average price is $201.33 and its 200-day moving average price is $185.95. 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 $187.26 billion, a P/E ratio of 37.72, a P/E/G ratio of 3.36 and a beta of 1.03. 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, topping the consensus estimate of $1.32 by $0.09. The company had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.31 billion. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The firm's revenue for the quarter was up 16.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.17 earnings per share. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Equities research analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 12th. Stockholders of record on Thursday, July 31st were given a dividend of $1.36 per share. The ex-dividend date of this dividend was Thursday, July 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.6%. Texas Instruments's payout ratio is presently 99.63%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. DZ Bank reissued a "sell" rating and issued a $158.00 price objective on shares of Texas Instruments in a research note on Wednesday, July 23rd. UBS Group set a $255.00 target price on shares of Texas Instruments in a report on Tuesday, July 22nd. Wells Fargo & Company dropped 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 report on Wednesday, July 23rd. Cowen restated a "hold" rating on shares of Texas Instruments in a report on Wednesday, June 25th. Finally, Mizuho dropped their target price on shares of Texas Instruments from $205.00 to $200.00 and set a "neutral" rating on the stock in a report on Wednesday, July 23rd. 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. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $212.21.

About Texas Instruments

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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