Texas Instruments Incorporated $TXN Shares Sold by Mutual of America Capital Management LLC

Key Points

• Mutual of America Capital Management LLC reduced its stake in Texas Instruments by 1.6%, now holding 104,170 shares worth approximately $21.6 million.
• Texas Instruments recently increased its quarterly dividend from $1.36 to $1.42, representing a 3.2% yield, with the ex-dividend date set for October 31.
• Brokerages have mixed views on Texas Instruments, with ratings ranging from "Strong Buy" to "Underperform," and a consensus price target of $211.64.

Mutual of America Capital Management LLC reduced its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 1.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 104,170 shares of the semiconductor company's stock after selling 1,681 shares during the period. Mutual of America Capital Management LLC's holdings in Texas Instruments were worth $21,628,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in Texas Instruments by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 94,020,960 shares of the semiconductor company's stock worth $16,895,567,000 after acquiring an additional 453,683 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of 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 worth $3,938,274,000 after purchasing an additional 428,356 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Texas Instruments by 14.6% in 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 grew its holdings in Texas Instruments by 20.6% during 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 purchasing an additional 2,257,086 shares in the last quarter. Finally, Northern Trust Corp grew its holdings in Texas Instruments by 0.9% during the 1st 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 in the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on TXN. Wolfe Research upgraded shares of Texas Instruments from a "peer perform" rating to an "outperform" rating and set a $230.00 price objective on the stock in a report on Monday, July 28th. JPMorgan Chase & Co. increased their price target on Texas Instruments from $195.00 to $225.00 and gave the company an "overweight" rating in a report on Wednesday, July 23rd. Morgan Stanley dropped their price objective on Texas Instruments from $197.00 to $192.00 and set an "underweight" rating on the stock in a report on Friday, September 12th. Benchmark reaffirmed a "buy" rating and issued a $220.00 target price on shares of Texas Instruments in a research report on Monday, September 8th. Finally, Bank of America downgraded shares of Texas Instruments from a "neutral" rating to an "underperform" rating and decreased their price target for the stock from $208.00 to $190.00 in a research report on Monday, October 13th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, thirteen have assigned a Hold rating and five have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $211.64.

Texas Instruments Price Performance

Shares of TXN opened at $176.58 on Friday. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $221.69. 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 firm has a market cap of $160.54 billion, a price-to-earnings ratio of 32.34, a PEG ratio of 2.99 and a beta of 1.01. The stock has a 50 day moving average of $187.25 and a 200-day moving average of $185.61.

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, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $4.31 billion. During the same period last year, the business posted $1.17 earnings per share. The firm's revenue for the quarter was up 16.4% on a year-over-year basis. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. As a group, analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st will be issued a $1.42 dividend. This is an increase from Texas Instruments's previous quarterly dividend of $1.36. This represents a $5.68 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Friday, October 31st. Texas Instruments's dividend payout ratio is 104.03%.

Insider Buying and Selling

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 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.57% of the stock is currently owned by insiders.

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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