Texas Instruments Incorporated $TXN Shares Acquired by Rockland Trust Co.

Key Points

• Rockland Trust Co. increased its stake in Texas Instruments by 10.5%, holding 137,571 shares valued at approximately $28.56 million as of its latest SEC filing.
• Texas Instruments reported $1.41 EPS for the last quarter, surpassing analysts' expectations, with revenue of $4.45 billion, reflecting a 16.4% year-over-year growth.
• The company announced a quarterly dividend of $1.42 per share, up from $1.36, representing an annualized yield of 3.1% set to be paid on November 12th.

Rockland Trust Co. raised its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 10.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 137,571 shares of the semiconductor company's stock after acquiring an additional 13,095 shares during the period. Texas Instruments makes up 1.4% of Rockland Trust Co.'s investment portfolio, making the stock its 22nd biggest holding. Rockland Trust Co.'s holdings in Texas Instruments were worth $28,562,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TXN. Cloud Capital Management LLC purchased a new stake in Texas Instruments during the 1st quarter valued at approximately $28,000. Copia Wealth Management acquired a new position in Texas Instruments during the 4th quarter worth approximately $30,000. Dagco Inc. acquired a new position in Texas Instruments during the 1st quarter worth approximately $32,000. CBIZ Investment Advisory Services LLC increased its position in Texas Instruments by 67.6% during the 1st 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 period. Finally, Quintet Private Bank Europe S.A. acquired a new position in Texas Instruments during the 1st quarter worth approximately $34,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Stock Down 1.2%

NASDAQ TXN traded down $2.25 during trading hours on Friday, hitting $179.37. The company had a trading volume of 16,187,326 shares, compared to its average volume of 6,670,172. The firm's 50 day moving average is $194.12 and its 200 day moving average is $185.86. 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 company has a market capitalization of $163.07 billion, a price-to-earnings ratio of 32.85, a P/E/G ratio of 2.97 and a beta of 1.02. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week 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 for the quarter, beating the consensus estimate of $1.32 by $0.09. The company had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.31 billion. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%.The company's revenue was up 16.4% on a year-over-year basis. During the same period last year, the firm earned $1.17 earnings per share. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Sell-side analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Cantor Fitzgerald reiterated a "neutral" rating on shares of Texas Instruments in a research report on Tuesday, July 22nd. The Goldman Sachs Group initiated coverage on Texas Instruments in a report on Thursday, July 10th. They issued a "buy" rating and a $255.00 price target on the stock. Cowen restated a "hold" rating on shares of Texas Instruments in a report on Wednesday, June 25th. Stifel Nicolaus increased their target price on Texas Instruments from $160.00 to $192.00 and gave the company a "hold" rating in a report on Friday, July 18th. Finally, Wells Fargo & Company lowered their target price on Texas Instruments from $215.00 to $195.00 and set an "equal weight" rating on the stock in a report on Wednesday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $213.82.

Insider Buying and Selling at Texas Instruments

In other news, VP Ahmad Bahai sold 1,500 shares of the firm's stock in a transaction dated 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 sale, the vice president directly owned 38,883 shares in the company, valued at $7,984,624.05. This trade represents a 3.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.57% of the stock is owned by corporate insiders.

Texas Instruments 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.