Texas Instruments Incorporated $TXN Position Trimmed by WealthPLAN Partners LLC

Key Points

• WealthPLAN Partners LLC has reduced its stake in Texas Instruments by 26.7%, selling 6,198 shares during the 2nd quarter, leaving it with 17,014 shares valued at approximately $3.53 million.
• Texas Instruments declared a quarterly dividend of $1.42 per share, up from the previous $1.36, with a dividend yield of 3.2%, set to be paid on November 12th.
• Analysts' ratings for Texas Instruments vary, with a consensus price target of $213.03, while Bank of America downgraded its rating from "neutral" to "underperform."

WealthPLAN Partners LLC lessened its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 26.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,014 shares of the semiconductor company's stock after selling 6,198 shares during the quarter. WealthPLAN Partners LLC's holdings in Texas Instruments were worth $3,532,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of TXN. Nuveen LLC purchased a new position in Texas Instruments during the 1st quarter valued at about $711,387,000. Price T Rowe Associates Inc. MD grew its stake in shares of Texas Instruments by 20.6% in the 1st 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 buying an additional 2,257,086 shares in the last quarter. Jennison Associates LLC grew its stake in shares of Texas Instruments by 2,898.0% in the 1st quarter. Jennison Associates LLC now owns 2,214,471 shares of the semiconductor company's stock valued at $397,940,000 after buying an additional 2,140,605 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Texas Instruments by 117.1% in 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 buying an additional 1,888,354 shares in the last quarter. Finally, Invesco Ltd. grew its stake in shares of Texas Instruments by 14.6% in the 1st quarter. Invesco Ltd. now owns 13,624,568 shares of the semiconductor company's stock valued at $2,448,335,000 after buying an additional 1,731,411 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.

Insider Activity at Texas Instruments

In other news, VP Ahmad Bahai sold 1,500 shares of the company'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 transaction of $308,025.00. Following the completion of the transaction, the vice president directly owned 38,883 shares in the company, valued at $7,984,624.05. The trade was a 3.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.57% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

TXN has been the subject of several recent research reports. Bank of America cut Texas Instruments from a "neutral" rating to an "underperform" rating and lowered their price target for the company from $208.00 to $190.00 in a research note on Monday. Weiss Ratings reissued a "hold (c+)" rating on shares of Texas Instruments in a research note on Wednesday, October 8th. Wolfe Research raised Texas Instruments from a "peer perform" rating to an "outperform" rating and set a $230.00 price target for the company in a research note on Monday, July 28th. Truist Financial boosted their price target on Texas Instruments from $171.00 to $196.00 and gave the company a "hold" rating in a research note on Wednesday, July 23rd. Finally, Robert W. Baird boosted their price target on Texas Instruments from $175.00 to $220.00 and gave the company an "outperform" rating in a research note 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 five have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $213.03.

Texas Instruments Stock Up 0.8%

Shares of Texas Instruments stock opened at $175.27 on Thursday. The stock has a market capitalization of $159.34 billion, a P/E ratio of 32.10, a PEG ratio of 2.94 and a beta of 1.01. The company has a quick ratio of 3.88, a current ratio of 5.81 and a debt-to-equity ratio of 0.86. The stock has a 50 day moving average price of $187.67 and a two-hundred day moving average price of $185.60. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $221.69.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its 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. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%.The firm had revenue of $4.45 billion during the quarter, compared to analysts' expectations of $4.31 billion. During the same quarter in the prior year, the business earned $1.17 earnings per share. The company's revenue was up 16.4% on a year-over-year basis. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Equities analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st will be issued a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a dividend yield of 3.2%. 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 dividend payout ratio is presently 104.03%.

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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