Texas Instruments Incorporated $TXN Shares Acquired by Park Avenue Securities LLC

Key Points

• Park Avenue Securities LLC increased its stake in Texas Instruments by 32.4%, owning 18,291 shares valued at $3,798,000.
• Texas Instruments reported earnings of $1.41 per share for the quarter, surpassing estimates, with revenues of $4.45 billion, a 16.4% increase from the previous year.
• The company announced a quarterly dividend increase to $1.42 per share, representing an annualized yield of 3.2%, and a payout ratio close to 99.63%.

Park Avenue Securities LLC lifted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 32.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,291 shares of the semiconductor company's stock after buying an additional 4,474 shares during the period. Park Avenue Securities LLC's holdings in Texas Instruments were worth $3,798,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Texas Instruments by 0.5% during the first quarter. Vanguard Group Inc. now owns 94,020,960 shares of the semiconductor company's stock worth $16,895,567,000 after buying an additional 453,683 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Texas Instruments by 2.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 21,915,824 shares of the semiconductor company's stock valued at $3,938,274,000 after purchasing an additional 428,356 shares during the period. Invesco Ltd. lifted its position in Texas Instruments by 14.6% during the first quarter. Invesco Ltd. now owns 13,624,568 shares of the semiconductor company's stock valued at $2,448,335,000 after purchasing an additional 1,731,411 shares during the period. Price T Rowe Associates Inc. MD lifted its position in Texas Instruments by 20.6% during the first 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 purchasing an additional 2,257,086 shares during the period. Finally, Northern Trust Corp lifted its position in Texas Instruments by 0.9% during the first quarter. Northern Trust Corp now owns 10,493,990 shares of the semiconductor company's stock valued at $1,885,770,000 after purchasing an additional 95,980 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Stock Up 0.1%

Shares of NASDAQ TXN opened at $179.62 on Tuesday. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $221.69. The stock has a market cap of $163.30 billion, a PE ratio of 32.90, a P/E/G ratio of 2.93 and a beta of 1.02. The company has a current ratio of 5.81, a quick ratio of 3.88 and a debt-to-equity ratio of 0.86. The company has a 50-day moving average of $193.32 and a 200 day moving average of $185.70.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, beating 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 company 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 company earned $1.17 EPS. Texas Instruments's 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. As a group, sell-side analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Increases Dividend

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

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Wells Fargo & Company decreased their target price on shares of Texas Instruments from $215.00 to $195.00 and set an "equal weight" rating for the company in a research report on Wednesday, July 23rd. Mizuho decreased their target price on shares of Texas Instruments from $205.00 to $200.00 and set a "neutral" rating for the company in a research report on Wednesday, July 23rd. Wolfe Research upgraded shares of Texas Instruments from a "peer perform" rating to an "outperform" rating and set a $230.00 target price for the company in a research report on Monday, July 28th. Arete Research upgraded shares of Texas Instruments to a "hold" rating in a research report on Thursday, June 26th. Finally, The Goldman Sachs Group started coverage on shares of Texas Instruments in a research report on Thursday, July 10th. They issued a "buy" rating and a $255.00 price objective for the company. 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 given a Sell rating to the stock. According to MarketBeat, Texas Instruments currently has a consensus rating of "Hold" and a consensus target price of $213.82.

Insiders Place Their Bets

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 value of $308,025.00. Following 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 position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.57% of the stock is owned by insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.