Shell Asset Management Co. Purchases 8,995 Shares of Texas Instruments Incorporated $TXN

Key Points

• Shell Asset Management Co. increased its stake in Texas Instruments by 64.9%, purchasing an additional 8,995 shares, bringing its total holdings to 22,857 shares worth approximately $4.75 million.
• Texas Instruments recently announced a quarterly dividend of $1.42 per share, an increase from its previous quarterly dividend of $1.36, scheduled to be paid on November 12th.
• The stock of Texas Instruments has experienced a 2.6% decrease, with shares opening at $177.05, amidst mixed performance and varying target price adjustments from analysts.

Shell Asset Management Co. boosted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 64.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,857 shares of the semiconductor company's stock after purchasing an additional 8,995 shares during the period. Shell Asset Management Co.'s holdings in Texas Instruments were worth $4,746,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Woodmont Investment Counsel LLC grew its holdings in shares of Texas Instruments by 2.9% in the 2nd quarter. Woodmont Investment Counsel LLC now owns 1,650 shares of the semiconductor company's stock valued at $343,000 after acquiring an additional 47 shares in the last quarter. Confluence Wealth Services Inc. grew its holdings in shares of Texas Instruments by 0.4% in the 2nd quarter. Confluence Wealth Services Inc. now owns 10,996 shares of the semiconductor company's stock valued at $2,283,000 after acquiring an additional 48 shares in the last quarter. Acropolis Investment Management LLC grew its holdings in shares of Texas Instruments by 2.9% in the 2nd quarter. Acropolis Investment Management LLC now owns 1,875 shares of the semiconductor company's stock valued at $389,000 after acquiring an additional 52 shares in the last quarter. Proathlete Wealth Management LLC grew its holdings in shares of Texas Instruments by 1.4% in the 2nd quarter. Proathlete Wealth Management LLC now owns 3,747 shares of the semiconductor company's stock valued at $782,000 after acquiring an additional 53 shares in the last quarter. Finally, Trivium Point Advisory LLC grew its holdings in shares of Texas Instruments by 4.5% in the 1st quarter. Trivium Point Advisory LLC now owns 1,256 shares of the semiconductor company's stock valued at $226,000 after acquiring an additional 54 shares in the last quarter. Institutional investors own 84.99% of the company's stock.

Texas Instruments Stock Down 2.6%

Shares of TXN opened at $177.05 on Wednesday. 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 Incorporated has a 12 month low of $139.95 and a 12 month high of $221.69. The firm's 50 day moving average is $188.65 and its 200-day moving average is $185.87. The stock has a market capitalization of $160.96 billion, a PE ratio of 32.43, a P/E/G ratio of 2.97 and a beta of 1.01.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, topping analysts' consensus estimates of $1.32 by $0.09. The firm had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.31 billion. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%.The company's revenue was up 16.4% on a year-over-year basis. During the same quarter last year, the company earned $1.17 EPS. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Equities research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Increases Dividend

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

Insider Activity at Texas Instruments

In other news, VP Ahmad Bahai sold 1,500 shares of the company'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 sale, the vice president owned 38,883 shares of the company's stock, valued at approximately $7,984,624.05. This represents a 3.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.57% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on TXN. Wells Fargo & Company decreased their price objective on Texas Instruments from $215.00 to $195.00 and set an "equal weight" rating for the company in a report on Wednesday, July 23rd. TD Cowen cut their target price 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. Mizuho cut their target price on shares of Texas Instruments from $205.00 to $200.00 and set a "neutral" rating for the company in a research note on Wednesday, July 23rd. Susquehanna cut their target price on shares of Texas Instruments from $250.00 to $240.00 and set a "positive" rating for the company in a research note on Tuesday, July 22nd. Finally, Robert W. Baird raised their target price on shares of Texas Instruments from $175.00 to $220.00 and gave the company an "outperform" rating in a research note on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, fourteen have given a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average 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.

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