Texas Instruments Incorporated $TXN Position Lowered by DnB Asset Management AS

Key Points

• DnB Asset Management AS reduced its stake in Texas Instruments by 14.3%, selling 42,069 shares, and now holds 251,113 shares valued at approximately $45.13 million.
• Texas Instruments reported $1.41 earnings per share for the last quarter, exceeding analysts' expectations of $1.32, with revenue rising 16.4% year-over-year to $4.45 billion.
• The company recently announced a quarterly dividend of $1.36 per share, yielding 2.8%, while the payout ratio is at 99.63%.

DnB Asset Management AS trimmed its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 14.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 251,113 shares of the semiconductor company's stock after selling 42,069 shares during the quarter. DnB Asset Management AS's holdings in Texas Instruments were worth $45,125,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TXN. Cloud Capital Management LLC bought a new position in Texas Instruments during the first quarter valued at about $28,000. Copia Wealth Management purchased a new position in Texas Instruments in the fourth quarter valued at about $30,000. Dagco Inc. acquired a new position in Texas Instruments during the first quarter worth $32,000. Quintet Private Bank Europe S.A. bought a new stake in shares of Texas Instruments during the 1st quarter worth $34,000. Finally, Park Square Financial Group LLC acquired a new stake in shares of Texas Instruments in the fourth quarter valued at about $41,000. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Stock Down 2.0%

TXN opened at $195.74 on Thursday. The firm has a market cap of $177.96 billion, a price-to-earnings ratio of 35.85, a PEG ratio of 3.30 and a beta of 1.02. The company has a debt-to-equity ratio of 0.86, a quick ratio of 3.88 and a current ratio of 5.81. The firm's 50-day simple moving average is $201.55 and its 200-day simple moving average is $186.92. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $221.69.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share 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 analysts' expectations of $4.31 billion. During the same period in the prior year, the firm earned $1.17 earnings per share. The company'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. Equities research analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 12th. Shareholders of record on Thursday, July 31st were paid a $1.36 dividend. The ex-dividend date of this dividend was Thursday, July 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.8%. Texas Instruments's payout ratio is currently 99.63%.

Insider Buying and Selling at Texas Instruments

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 value of $308,025.00. Following the transaction, the vice president directly owned 38,883 shares in the company, valued at approximately $7,984,624.05. This trade represents a 3.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.57% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on TXN shares. Cantor Fitzgerald reiterated a "neutral" rating on shares of Texas Instruments in a report on Tuesday, July 22nd. Robert W. Baird boosted their price objective on shares of Texas Instruments from $175.00 to $220.00 and gave the stock an "outperform" rating in a report on Wednesday, July 23rd. TD Cowen decreased their target price on Texas Instruments from $245.00 to $230.00 and set a "buy" rating on the stock in a research report on Wednesday, July 23rd. KeyCorp upped their price target on Texas Instruments from $215.00 to $240.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Finally, Rosenblatt Securities reissued a "buy" rating and set a $245.00 price objective on shares of Texas Instruments in a report on Wednesday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, thirteen have issued a Hold rating and four have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $212.21.

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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