Texas Instruments Incorporated $TXN Shares Sold by Alecta Tjanstepension Omsesidigt

Key Points

• Alecta Tjanstepension Omsesidigt reduced its stake in Texas Instruments by 7.8% during the second quarter, owning 2,583,000 shares post-sale.
• Texas Instruments reported a quarterly earnings per share of $1.41, exceeding estimates and reflecting a 16.4% year-over-year revenue increase.
• The company declared a quarterly dividend of $1.36 per share, translating to a 3.0% dividend yield for shareholders.

Alecta Tjanstepension Omsesidigt cut its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 7.8% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,583,000 shares of the semiconductor company's stock after selling 220,000 shares during the quarter. Texas Instruments accounts for 2.5% of Alecta Tjanstepension Omsesidigt's investment portfolio, making the stock its 10th biggest holding. Alecta Tjanstepension Omsesidigt owned approximately 0.28% of Texas Instruments worth $535,998,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Nuveen LLC acquired a new position in Texas Instruments in the first quarter valued at $711,387,000. GAMMA Investing LLC increased its stake in Texas Instruments by 21,778.6% in the first quarter. GAMMA Investing LLC now owns 3,422,027 shares of the semiconductor company's stock valued at $614,938,000 after purchasing an additional 3,406,386 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in Texas Instruments by 20.6% in 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 last quarter. Jennison Associates LLC increased its stake in Texas Instruments by 2,898.0% in 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 during the last quarter. Finally, Invesco Ltd. increased its stake in 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 last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Analyst Ratings Changes

A number of research firms have issued reports on TXN. Citigroup reissued a "buy" rating on shares of Texas Instruments in a research report on Tuesday, July 22nd. DZ Bank reissued a "sell" rating and set a $158.00 price target on shares of Texas Instruments in a research report on Wednesday, July 23rd. Benchmark reissued a "buy" rating and set a $220.00 price target on shares of Texas Instruments in a research report on Monday, September 8th. Bank of America lowered their price target on Texas Instruments from $218.00 to $208.00 and set a "neutral" rating for the company in a research report on Friday, September 5th. Finally, KeyCorp boosted their price target on Texas Instruments from $215.00 to $240.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, thirteen have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $213.82.

Insider Activity at Texas Instruments

In other news, VP Ahmad Bahai sold 1,500 shares of the firm's stock in a transaction on 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 of the company's stock, 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 filing with the SEC, which is available at this link. 0.57% of the stock is currently owned by company insiders.

Texas Instruments Stock Down 1.2%

TXN traded down $2.25 on Friday, reaching $179.37. The company's stock had a trading volume of 16,187,326 shares, compared to its average volume of 6,670,172. The stock has a market cap of $163.07 billion, a price-to-earnings ratio of 32.85, a price-to-earnings-growth ratio of 2.93 and a beta of 1.02. 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 business's 50 day moving average is $194.12 and its 200 day moving average is $185.80.

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. The firm had revenue of $4.45 billion for 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%.Texas Instruments's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.17 earnings per share. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. As a group, research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Friday, October 31st. This represents a $5.68 annualized dividend and a dividend 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 99.63%.

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.