State of Alaska Department of Revenue Cuts Stock Holdings in Texas Instruments Incorporated $TXN

Key Points

• The State of Alaska Department of Revenue decreased its holdings in Texas Instruments by 4.2% during the second quarter, resulting in ownership of 102,157 shares valued at approximately $21.2 million.
• Texas Instruments recently announced a quarterly dividend increase to $1.42 per share, representing an annualized yield of 3.1%, with the ex-dividend date set for October 31st.
• Several analysts have raised their target prices for Texas Instruments, with KeyCorp setting a new target at $240.00, reflecting a generally optimistic outlook on the stock.

State of Alaska Department of Revenue trimmed its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 4.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,157 shares of the semiconductor company's stock after selling 4,480 shares during the quarter. State of Alaska Department of Revenue's holdings in Texas Instruments were worth $21,209,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Cloud Capital Management LLC acquired a new stake in Texas Instruments in the 1st quarter valued at $28,000. Dagco Inc. acquired a new stake in Texas Instruments during the 1st quarter worth $32,000. CBIZ Investment Advisory Services LLC boosted its stake in Texas Instruments by 67.6% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company's stock worth $33,000 after purchasing an additional 75 shares during the last quarter. Quintet Private Bank Europe S.A. acquired a new stake in Texas Instruments during the 1st quarter worth $34,000. Finally, N.E.W. Advisory Services LLC acquired a new stake in Texas Instruments during the 1st quarter worth $42,000. Institutional investors and hedge funds own 84.99% of the company's stock.

Insider Transactions at Texas Instruments

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the business's stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $205.35, for a total transaction of $308,025.00. Following the sale, the vice president directly owned 38,883 shares in the company, valued at $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 Securities & Exchange Commission, which is available at the SEC website. 0.57% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on TXN shares. KeyCorp lifted their target price on shares of Texas Instruments from $215.00 to $240.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Truist Financial lifted their target price on shares of Texas Instruments from $171.00 to $196.00 and gave the stock a "hold" rating in a research note on Wednesday, July 23rd. Robert W. Baird lifted their target price on shares of Texas Instruments from $175.00 to $220.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 23rd. DZ Bank reissued a "sell" rating and set a $158.00 price target on shares of Texas Instruments in a research report on Wednesday, July 23rd. Finally, Seaport Res Ptn raised shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a research report on Monday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, thirteen have given a Hold rating and four have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $213.82.

Texas Instruments Stock Up 1.4%

Shares of NASDAQ:TXN opened at $184.55 on Friday. 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 price-to-earnings-growth ratio of 2.97 and a beta of 1.02. The firm's 50-day moving average is $190.61 and its two-hundred day moving average is $185.68. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year high of $221.69.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings results 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 for the quarter, compared to analyst estimates of $4.31 billion. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The business's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.17 earnings per share. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st will be paid a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a yield of 3.1%. This is a boost from Texas Instruments's previous quarterly dividend of $1.36. The ex-dividend date is Friday, October 31st. Texas Instruments's payout ratio is currently 99.63%.

Texas Instruments Company 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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