Signaturefd LLC Sells 2,671 Shares of Texas Instruments Incorporated $TXN

Key Points

• Signaturefd LLC reduced its stake in Texas Instruments by 12.4%, selling 2,671 shares to hold 18,921 shares worth approximately $3.93 million.
• Institutional investors hold 84.99% of Texas Instruments' stock, with several hedge funds significantly increasing their positions in the company.
• Texas Instruments announced a quarterly dividend increase to $1.42 per share, showcasing a dividend yield of 3.1% and an upcoming ex-dividend date of October 31st.

Signaturefd LLC lessened its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 12.4% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,921 shares of the semiconductor company's stock after selling 2,671 shares during the quarter. Signaturefd LLC's holdings in Texas Instruments were worth $3,928,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Nuveen LLC acquired a new position in shares of Texas Instruments in the first quarter valued at about $711,387,000. GAMMA Investing LLC lifted its position in shares of Texas Instruments by 21,778.6% in the first quarter. GAMMA Investing LLC now owns 3,422,027 shares of the semiconductor company's stock valued at $614,938,000 after acquiring an additional 3,406,386 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Texas Instruments by 20.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 13,197,863 shares of the semiconductor company's stock valued at $2,371,657,000 after acquiring an additional 2,257,086 shares in the last quarter. Jennison Associates LLC lifted its position in Texas Instruments by 2,898.0% during the first quarter. Jennison Associates LLC now owns 2,214,471 shares of the semiconductor company's stock worth $397,940,000 after buying an additional 2,140,605 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in Texas Instruments by 117.1% during the second quarter. Assenagon Asset Management S.A. now owns 3,500,474 shares of the semiconductor company's stock worth $726,768,000 after buying an additional 1,888,354 shares in the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on TXN. Morgan Stanley cut their target price on Texas Instruments from $197.00 to $192.00 and set an "underweight" rating for the company in a research note on Friday, September 12th. JPMorgan Chase & Co. boosted their target price on Texas Instruments from $195.00 to $225.00 and gave the company an "overweight" rating in a report on Wednesday, July 23rd. Stifel Nicolaus boosted their target price on Texas Instruments from $160.00 to $192.00 and gave the stock a "hold" rating in a research report on Friday, July 18th. Benchmark restated a "buy" rating and issued a $220.00 price target on shares of Texas Instruments in a report on Monday, September 8th. Finally, BNP Paribas raised Texas Instruments to a "strong sell" 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, thirteen have assigned a Hold rating and four have issued a Sell rating to the company's stock. According to data from MarketBeat, Texas Instruments has a consensus rating of "Hold" and an average target price of $213.82.

Texas Instruments Price Performance

NASDAQ TXN opened at $184.55 on Friday. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $221.69. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.81 and a quick ratio of 3.88. The firm has a market capitalization of $167.78 billion, a PE ratio of 33.80, a P/E/G ratio of 2.97 and a beta of 1.02. The company's 50 day simple moving average is $190.61 and its 200 day simple moving average is $185.68.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.09. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The firm 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 business posted $1.17 earnings per share. The firm's quarterly revenue was up 16.4% compared to the same quarter last year. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. As a group, equities research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The firm 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 a boost 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%.

Insider Transactions at Texas Instruments

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

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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