SteelPeak Wealth LLC Has $23.88 Million Stock Position in Texas Instruments Incorporated $TXN

Key Points

• SteelPeak Wealth LLC increased its position in Texas Instruments by 118.5% in Q2, holding 115,008 shares valued at $23.88 million.
• Texas Instruments reported quarterly earnings with an EPS of $1.41, exceeding estimates and showing a revenue growth of 16.4% year-over-year.
• The company declared a quarterly dividend of $1.42, up from $1.36, with a payout ratio currently at 104.03%.

SteelPeak Wealth LLC raised its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 118.5% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 115,008 shares of the semiconductor company's stock after acquiring an additional 62,379 shares during the period. Texas Instruments makes up about 0.9% of SteelPeak Wealth LLC's holdings, making the stock its 27th largest position. SteelPeak Wealth LLC's holdings in Texas Instruments were worth $23,878,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of TXN. Woodmont Investment Counsel LLC raised its holdings in Texas Instruments by 2.9% during the second quarter. Woodmont Investment Counsel LLC now owns 1,650 shares of the semiconductor company's stock worth $343,000 after buying an additional 47 shares during the last quarter. Confluence Wealth Services Inc. raised 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 worth $2,283,000 after acquiring an additional 48 shares during the last quarter. Acropolis Investment Management LLC lifted its position in 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 boosted its stake in Texas Instruments by 1.4% during the 2nd quarter. Proathlete Wealth Management LLC now owns 3,747 shares of the semiconductor company's stock valued at $782,000 after purchasing an additional 53 shares during the last quarter. Finally, Trivium Point Advisory LLC increased its holdings in Texas Instruments by 4.5% during the 1st quarter. Trivium Point Advisory LLC now owns 1,256 shares of the semiconductor company's stock worth $226,000 after purchasing an additional 54 shares in the last quarter. Institutional investors own 84.99% of the company's stock.

Texas Instruments Trading Up 0.8%

NASDAQ TXN opened at $181.81 on Tuesday. The business's fifty day moving average is $188.93 and its 200-day moving average is $185.94. 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 stock has a market capitalization of $165.29 billion, a price-to-earnings ratio of 33.30, a PEG ratio of 2.95 and a beta of 1.01. 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 business 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 quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.17 earnings per share. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Equities research analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Increases Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Friday, October 31st. This represents a $5.68 dividend on an annualized basis and a dividend yield of 3.1%. Texas Instruments's payout ratio is presently 104.03%.

Analyst Ratings Changes

TXN has been the topic of a number of recent research reports. Truist Financial raised their target price on Texas Instruments from $171.00 to $196.00 and gave the company a "hold" rating in a report on Wednesday, July 23rd. Cantor Fitzgerald restated a "neutral" rating on shares of Texas Instruments in a research note on Tuesday, July 22nd. Benchmark reaffirmed a "buy" rating and set a $220.00 price objective on shares of Texas Instruments in a report on Monday, September 8th. Bank of America lowered their target price on shares of Texas Instruments from $218.00 to $208.00 and set a "neutral" rating for the company in a report on Friday, September 5th. Finally, Rosenblatt Securities restated a "buy" rating and set a $245.00 price target on shares of Texas Instruments in a report on Wednesday, July 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have assigned a Hold rating and four have given a Sell rating to the company's stock. According to data from MarketBeat.com, Texas Instruments currently has a consensus rating of "Hold" and an average price target of $213.82.

Insider Buying and Selling

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the stock in a transaction on Monday, August 25th. The stock was sold at an average price of $205.35, for a total transaction of $308,025.00. Following the completion of the transaction, the vice president directly owned 38,883 shares of the company's stock, 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 Securities & Exchange Commission, which is accessible through this link. Insiders own 0.57% of the company's stock.

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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