Assenagon Asset Management S.A. Raises Stock Holdings in Texas Instruments Incorporated $TXN

Key Points

• Assenagon Asset Management S.A. increased its stake in Texas Instruments by 117.1% during Q2, owning 3,500,474 shares valued at approximately $726.77 million.
• Texas Instruments recently announced a quarterly dividend increase to $1.42 per share, with a dividend yield of 3.2% and a payout ratio of 99.63%.
• Analysts have mixed views on Texas Instruments, with a consensus rating of "Hold" and an average price target of $213.82.

Assenagon Asset Management S.A. raised its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 117.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,500,474 shares of the semiconductor company's stock after purchasing an additional 1,888,354 shares during the quarter. Texas Instruments accounts for 1.1% of Assenagon Asset Management S.A.'s investment portfolio, making the stock its 17th largest position. Assenagon Asset Management S.A. owned approximately 0.39% of Texas Instruments worth $726,768,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cloud Capital Management LLC bought a new position in shares of Texas Instruments during the 1st quarter valued at about $28,000. Copia Wealth Management purchased a new position in shares of Texas Instruments in the fourth quarter worth $30,000. Dagco Inc. purchased a new position in shares of Texas Instruments in the first quarter worth $32,000. CBIZ Investment Advisory Services LLC raised its stake in shares of Texas Instruments by 67.6% in the first 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. Finally, Quintet Private Bank Europe S.A. bought a new stake in shares of Texas Instruments in the first quarter worth $34,000. Institutional investors own 84.99% of the company's stock.

Texas Instruments Price Performance

Shares of TXN stock traded down $2.25 during mid-day trading on Friday, reaching $179.37. The company's stock had a trading volume of 16,187,326 shares, compared to its average volume of 6,670,172. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $221.69. The company has a market cap of $163.07 billion, a P/E ratio of 32.85, a PEG ratio of 2.93 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 moving average is $194.12 and its two-hundred day moving average is $185.80.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its earnings results 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 business had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.31 billion. During the same quarter in the prior year, the firm earned $1.17 EPS. The firm'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. On average, research analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 12th. Investors of record on Friday, October 31st will be given a dividend of $1.42 per share. This is a positive change from Texas Instruments's previous quarterly dividend of $1.36. This represents a $5.68 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Friday, October 31st. Texas Instruments's dividend payout ratio (DPR) is currently 99.63%.

Insiders Place Their Bets

In other news, VP Ahmad Bahai sold 1,500 shares of the stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $205.35, for a total value of $308,025.00. Following the completion of the transaction, the vice president 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.57% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. JPMorgan Chase & Co. upped their price objective on Texas Instruments from $195.00 to $225.00 and gave the company an "overweight" rating in a research report on Wednesday, July 23rd. UBS Group set a $255.00 target price on Texas Instruments in a research note on Tuesday, July 22nd. Susquehanna reduced their target price on Texas Instruments from $250.00 to $240.00 and set a "positive" rating for the company in a research note on Tuesday, July 22nd. Seaport Res Ptn raised Texas Instruments from a "strong sell" rating to a "hold" rating in a research report on Monday, July 21st. Finally, Truist Financial lifted their price objective on Texas Instruments from $171.00 to $196.00 and gave the stock a "hold" rating 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 given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $213.82.

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.