Robeco Schweiz AG Sells 25,724 Shares of Texas Instruments Incorporated $TXN

Key Points

• Robeco Schweiz AG reduced its Texas Instruments stake by 21.1%, selling 25,724 shares in the third quarter and retaining 96,460 shares valued at approximately $27.0 million. Institutional investors collectively own 84.99% of TXN.
• Texas Instruments reported strong quarterly results, with EPS of $2.62 and revenue of $6.05 billion, surpassing estimates and marking 27.7% year-over-year revenue growth. Shares were recently up 1.9% at $284.69.
• The company raised its quarterly dividend to $1.52 per share, equivalent to an annualized $6.08 dividend and a 2.1% yield. Analyst views remain mixed, with a consensus “Hold” rating and an average price target of $311.39.

Robeco Schweiz AG cut its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 21.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 96,460 shares of the semiconductor company's stock after selling 25,724 shares during the quarter. Robeco Schweiz AG's holdings in Texas Instruments were worth $27,017,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. BlackRock Inc. bought a new position in Texas Instruments during the second quarter valued at $24,607,313,000. Bank of New York Mellon Corp purchased a new stake in shares of Texas Instruments in the second quarter valued at $4,488,666,000. Bank of America Corp DE bought a new stake in shares of Texas Instruments in the 2nd quarter worth about $3,700,842,000. Primecap Management Co. CA bought a new stake in shares of Texas Instruments in the 2nd quarter worth about $2,538,063,000. Finally, Legal & General Group Plc bought a new stake in shares of Texas Instruments in the 2nd quarter worth about $1,918,277,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Stock Up 1.9%

Shares of NASDAQ TXN opened at $284.69 on Friday. Texas Instruments Incorporated has a 52-week low of $152.73 and a 52-week high of $334.03. The firm has a market capitalization of $259.99 billion, a price-to-earnings ratio of 36.92, a PEG ratio of 1.55 and a beta of 1.35. The stock has a 50 day moving average price of $271.98 and a 200 day moving average price of $279.47. The company has a debt-to-equity ratio of 0.67, a quick ratio of 3.44 and a current ratio of 5.59.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Wednesday, October 21st. The semiconductor company reported $2.62 EPS for the quarter, topping the consensus estimate of $2.40 by $0.22. The company had revenue of $6.05 billion for the quarter, compared to the consensus estimate of $5.94 billion. Texas Instruments had a return on equity of 40.51% and a net margin of 34.25%. Texas Instruments's quarterly revenue was up 27.7% on a year-over-year basis. During the same period last year, the business posted $1.48 EPS. Sell-side analysts expect that Texas Instruments Incorporated will post 8.79 earnings per share for the current year.

Texas Instruments Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 30th will be given a dividend of $1.52 per share. This represents a $6.08 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, October 30th. This is a positive change from Texas Instruments's previous quarterly dividend of $1.42. Texas Instruments's dividend payout ratio is currently 73.67%.

Insider Activity

In other news, VP Tsedeniya Abraham sold 7,000 shares of the firm's stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $264.63, for a total transaction of $1,852,410.00. Following the transaction, the vice president owned 23,181 shares in the company, valued at approximately $6,134,388.03. This trade represents a 23.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.60% of the company's stock.

Trending Headlines about Texas Instruments

Here are the key news stories impacting Texas Instruments this week:

• Positive Sentiment: Texas Instruments reported third-quarter revenue of approximately $6.06 billion, up 28% year over year, while EPS increased 77% to $2.62 and exceeded consensus expectations. Industrial, analog and data-center demand drove the results, with data-center revenue reportedly rising 95%. TXN Q3 Earnings Beat Estimates on Strong Analog, Data Center Demand
• Positive Sentiment: Management’s fourth-quarter revenue guidance, with a midpoint of about $6.05 billion, came in well above analyst expectations. Capacity expansion and broader cyclical recovery could support longer-term revenue, margins and cash flow. TXN Q3 Deep Dive: Industrial and Data Center Growth Drive Outlook Upgrade
• Positive Sentiment: Analyst sentiment strengthened: Zacks upgraded TXN to Rank #1, Freedom Broker raised its rating to Buy with a $330 target, and JPMorgan lifted its target to $365 while maintaining an Overweight rating. Texas Instruments Upgraded to Strong Buy
• Positive Sentiment: New chips for AI data centers—including power-monitoring, high-voltage distribution and timing components—give TXN additional exposure to data-center infrastructure growth. Texas Instruments Debuts Industry First Chips for AI Data Centers
• Neutral Sentiment: Unusual call-option activity and comparisons with Micron indicate bullish trading interest, although Micron was viewed as having stronger AI-driven growth and a lower valuation. Micron vs. Texas Instruments
• Negative Sentiment: TXN’s premium valuation remains a risk if the industrial recovery or AI infrastructure spending slows. Mizuho lowered its target to $290 and kept a Neutral rating, highlighting limited near-term upside. Mizuho Texas Instruments Rating

Analyst Upgrades and Downgrades

TXN has been the topic of several analyst reports. Zacks Research upgraded shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a report on Thursday. Sanford C. Bernstein increased their price objective on shares of Texas Instruments from $250.00 to $290.00 and gave the stock a "market perform" rating in a research report on Thursday, July 23rd. Wall Street Zen raised shares of Texas Instruments from a "hold" rating to a "buy" rating in a research note on Saturday, July 18th. Wells Fargo & Company decreased their price objective on shares of Texas Instruments from $310.00 to $300.00 and set an "equal weight" rating for the company in a research note on Tuesday, October 20th. Finally, Stifel Nicolaus boosted their target price on Texas Instruments from $360.00 to $370.00 and gave the company a "buy" rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $311.39.

Texas Instruments Company Profile

Texas Instruments Incorporated NASDAQ: TXN designs and manufactures analog and embedded semiconductor products used in industrial, automotive, personal electronics, communications equipment, and enterprise systems. Its analog products help manage power, sense and measure real-world signals, and support signal processing, while its embedded processing products provide computing and control functions within electronic systems.

The company offers a broad portfolio of semiconductors, including power-management devices, amplifiers, data converters, microcontrollers, processors, and connectivity products.

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