Sonora Investment Management Group LLC Purchases 2,014 Shares of Texas Instruments Incorporated $TXN

Key Points

• Sonora Investment Management Group LLC increased its stake in Texas Instruments by 2.2% during the second quarter, acquiring an additional 2,014 shares to hold a total of 94,476 shares valued at approximately $19.6 million.
• A number of other institutional investors, including Nuveen LLC and Jennison Associates LLC, have also significantly increased their holdings in Texas Instruments, reflecting a growing interest in the semiconductor company.
• Texas Instruments announced a quarterly dividend increase to $1.42 per share, with a projected yield of 3.1%, set to be paid November 12th.

Sonora Investment Management Group LLC grew its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 94,476 shares of the semiconductor company's stock after buying an additional 2,014 shares during the quarter. Texas Instruments accounts for approximately 1.5% of Sonora Investment Management Group LLC's investment portfolio, making the stock its 20th biggest holding. Sonora Investment Management Group LLC's holdings in Texas Instruments were worth $19,615,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of TXN. Nuveen LLC purchased a new stake in shares of Texas Instruments during the 1st quarter valued at $711,387,000. GAMMA Investing LLC lifted its position in shares of Texas Instruments by 21,778.6% during the first quarter. GAMMA Investing LLC now owns 3,422,027 shares of the semiconductor company's stock worth $614,938,000 after acquiring an additional 3,406,386 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings 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 worth $2,371,657,000 after acquiring an additional 2,257,086 shares during the period. Jennison Associates LLC grew its position in shares of Texas Instruments by 2,898.0% in the first quarter. Jennison Associates LLC now owns 2,214,471 shares of the semiconductor company's stock valued at $397,940,000 after purchasing an additional 2,140,605 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its stake in shares of Texas Instruments by 117.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 3,500,474 shares of the semiconductor company's stock valued at $726,768,000 after purchasing an additional 1,888,354 shares during the period. 84.99% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, VP Ahmad Bahai sold 1,500 shares of the business's stock in a transaction that occurred on Monday, August 25th. The stock was 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 owned 38,883 shares in the company, valued at $7,984,624.05. The trade was a 3.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.57% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Mizuho reduced their target price on Texas Instruments from $205.00 to $200.00 and set a "neutral" rating for the company in a report on Wednesday, July 23rd. DZ Bank reaffirmed a "sell" rating and set a $158.00 target price on shares of Texas Instruments in a report on Wednesday, July 23rd. Sanford C. Bernstein upgraded shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a research note on Thursday, June 5th. Cantor Fitzgerald reissued a "neutral" rating on shares of Texas Instruments in a report on Tuesday, July 22nd. Finally, Arete assumed coverage on shares of Texas Instruments in a report on Thursday, June 26th. They issued a "neutral" rating and a $203.80 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, thirteen have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, Texas Instruments presently has an average rating of "Hold" and a consensus price target of $213.82.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $184.55 on Friday. The company's fifty day moving average price is $190.61 and its 200-day moving average price is $185.75. 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 price-to-earnings ratio of 33.80, a PEG ratio of 3.01 and a beta of 1.02. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $221.69.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 was up 16.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.17 EPS. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. On average, equities research analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share 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. Stockholders of record on Friday, October 31st will be given a dividend of $1.42 per share. This is a boost from Texas Instruments's previous quarterly dividend of $1.36. The ex-dividend date is Friday, October 31st. This represents a $5.68 annualized dividend and a dividend yield of 3.1%. Texas Instruments's dividend payout ratio is currently 104.03%.

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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