Texas Instruments Incorporated $TXN Stake Lowered by Conning Inc.

Key Points

• Conning Inc. has reduced its stake in Texas Instruments by 1.1%, now holding 183,474 shares, valued at approximately $38 million.
• The semiconductor company has declared a quarterly dividend of $1.42 per share, an increase from the previous $1.36, representing an annualized yield of 3.3%.
• Texas Instruments reported $1.41 EPS for the last quarter, surpassing analyst expectations, with a year-over-year revenue increase of 16.4%.

Conning Inc. reduced its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 1.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 183,474 shares of the semiconductor company's stock after selling 2,094 shares during the period. Texas Instruments makes up 1.3% of Conning Inc.'s portfolio, making the stock its 8th biggest position. Conning Inc.'s holdings in Texas Instruments were worth $38,093,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of TXN. Nuveen LLC bought a new position in shares of Texas Instruments during the first quarter valued at $711,387,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of 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 in the last quarter. Jennison Associates LLC lifted its holdings in shares of Texas Instruments by 2,898.0% during the first quarter. Jennison Associates LLC now owns 2,214,471 shares of the semiconductor company's stock valued at $397,940,000 after purchasing an additional 2,140,605 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Texas Instruments by 117.1% during the second quarter. Assenagon Asset Management S.A. now owns 3,500,474 shares of the semiconductor company's stock valued at $726,768,000 after purchasing an additional 1,888,354 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of 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 in the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Stock Performance

Shares of TXN opened at $171.70 on Friday. The company has a quick ratio of 3.88, a current ratio of 5.81 and a debt-to-equity ratio of 0.86. The business has a 50-day simple moving average of $188.26 and a two-hundred day simple moving average of $185.72. The stock has a market cap of $156.10 billion, a price-to-earnings ratio of 31.45, a PEG ratio of 2.92 and a beta of 1.01. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $221.69.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, topping analysts' consensus estimates of $1.32 by $0.09. The business had revenue of $4.45 billion during the quarter, compared to analysts' expectations of $4.31 billion. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%.The business's quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.17 earnings per share. 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 Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st will be given a $1.42 dividend. The ex-dividend date is Friday, October 31st. This is a positive change from Texas Instruments's previous quarterly dividend of $1.36. This represents a $5.68 dividend on an annualized basis and a yield of 3.3%. Texas Instruments's dividend payout ratio (DPR) is currently 99.63%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on TXN shares. Susquehanna lowered their price target on Texas Instruments from $250.00 to $240.00 and set a "positive" rating on the stock in a report on Tuesday, July 22nd. KeyCorp upped their price target on Texas Instruments from $215.00 to $240.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Benchmark reissued a "buy" rating and issued a $220.00 target price on shares of Texas Instruments in a report on Monday, September 8th. UBS Group set a $255.00 target price on Texas Instruments in a report on Tuesday, July 22nd. Finally, JPMorgan Chase & Co. increased their target price on Texas Instruments from $195.00 to $225.00 and gave the company an "overweight" rating in a report on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, fourteen have given a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $213.82.

Insider Buying and Selling

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the company's stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $205.35, for a total value of $308,025.00. Following the completion of the sale, the vice president owned 38,883 shares in the company, valued at $7,984,624.05. This represents a 3.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 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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