Texas Instruments Incorporated $TXN Shares Sold by Synovus Financial Corp

Key Points

• Synovus Financial Corp reduced its stake in Texas Instruments by 3.1% during the first quarter, holding 47,665 shares worth approximately $8.57 million.
• Texas Instruments reported earnings of $1.41 per share for the last quarter, exceeding expectations and showing a 16.4% year-over-year revenue increase to $4.45 billion.
• The company announced a quarterly dividend of $1.36, reflecting a 2.6% dividend yield and a high payout ratio of 99.63%.

Synovus Financial Corp lowered its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 3.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,665 shares of the semiconductor company's stock after selling 1,518 shares during the period. Synovus Financial Corp's holdings in Texas Instruments were worth $8,566,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Jump Financial LLC increased its stake in shares of Texas Instruments by 1,548.3% during the first quarter. Jump Financial LLC now owns 67,302 shares of the semiconductor company's stock worth $12,094,000 after purchasing an additional 63,219 shares in the last quarter. Cadence Bank increased its stake in shares of Texas Instruments by 2.9% during the first quarter. Cadence Bank now owns 12,395 shares of the semiconductor company's stock worth $2,227,000 after purchasing an additional 355 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in shares of Texas Instruments by 19.4% during the first quarter. Smartleaf Asset Management LLC now owns 11,878 shares of the semiconductor company's stock worth $2,095,000 after purchasing an additional 1,931 shares in the last quarter. Bahl & Gaynor Inc. increased its stake in shares of Texas Instruments by 22.8% during the first quarter. Bahl & Gaynor Inc. now owns 2,207,124 shares of the semiconductor company's stock worth $396,620,000 after purchasing an additional 410,389 shares in the last quarter. Finally, Rahlfs Capital LLC grew its stake in Texas Instruments by 1.2% during the 1st quarter. Rahlfs Capital LLC now owns 12,293 shares of the semiconductor company's stock valued at $2,209,000 after acquiring an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.

Texas Instruments Stock Performance

Texas Instruments stock opened at $206.06 on Monday. The firm has a 50 day simple moving average of $201.20 and a 200-day simple moving average of $185.77. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $221.69. 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 stock has a market cap of $187.34 billion, a price-to-earnings ratio of 37.74, a price-to-earnings-growth ratio of 3.36 and a beta of 1.03.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly 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. 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 during the quarter, compared to analysts' expectations of $4.31 billion. During the same quarter in the prior year, the company posted $1.17 EPS. The business'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. On average, analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 12th. Stockholders of record on Thursday, July 31st were issued a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Thursday, July 31st. Texas Instruments's dividend payout ratio is currently 99.63%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TXN. Robert W. Baird upped their price objective on shares of Texas Instruments from $175.00 to $220.00 and gave the company an "outperform" rating in a research note on Wednesday, July 23rd. Susquehanna dropped their price objective on shares of Texas Instruments from $250.00 to $240.00 and set a "positive" rating for the company in a research note on Tuesday, July 22nd. Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Texas Instruments in a research note on Tuesday, July 22nd. Citigroup reaffirmed a "buy" rating on shares of Texas Instruments in a research note on Tuesday, July 22nd. Finally, Arete began coverage on shares of Texas Instruments in a research note on Thursday, June 26th. They set a "neutral" rating and a $203.80 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $212.21.

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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