Texas Instruments Incorporated $TXN Shares Sold by Grant Private Wealth Management Inc

Key Points

• Grant Private Wealth Management Inc reduced its holdings in Texas Instruments by 39.1% during the second quarter, resulting in ownership of 2,411 shares valued at $501,000.
• Texas Instruments announced an increased quarterly dividend of $1.42 per share, yielding 3.2%, which will be paid on November 12th.
• Analysts have varied ratings on Texas Instruments, with a consensus target price of $213.82 and an average rating of "Hold" from 29 analysts.

Grant Private Wealth Management Inc lowered its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 39.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,411 shares of the semiconductor company's stock after selling 1,548 shares during the quarter. Grant Private Wealth Management Inc's holdings in Texas Instruments were worth $501,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Trivium Point Advisory LLC boosted its position in Texas Instruments by 4.5% in the first quarter. Trivium Point Advisory LLC now owns 1,256 shares of the semiconductor company's stock valued at $226,000 after buying an additional 54 shares in the last quarter. Trillium Asset Management LLC grew its position in Texas Instruments by 2.8% in the first quarter. Trillium Asset Management LLC now owns 2,100 shares of the semiconductor company's stock valued at $377,000 after acquiring an additional 57 shares during the last quarter. Aspen Investment Management Inc increased its position in shares of Texas Instruments by 1.6% during the first quarter. Aspen Investment Management Inc now owns 3,695 shares of the semiconductor company's stock worth $664,000 after buying an additional 58 shares during the period. Sunflower Bank N.A. lifted its position in Texas Instruments by 4.7% in the 2nd quarter. Sunflower Bank N.A. now owns 1,291 shares of the semiconductor company's stock valued at $268,000 after acquiring an additional 58 shares in the last quarter. Finally, FSB Premier Wealth Management Inc. raised its stake in Texas Instruments by 1.7% in the 1st quarter. FSB Premier Wealth Management Inc. now owns 3,494 shares of the semiconductor company's stock valued at $628,000 after acquiring an additional 60 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $205.35, for a total value of $308,025.00. Following the sale, the vice president directly owned 38,883 shares in the company, valued at $7,984,624.05. This represents a 3.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.57% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on TXN. KeyCorp upped their price objective on shares of Texas Instruments from $215.00 to $240.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Susquehanna cut their price objective on shares of Texas Instruments from $250.00 to $240.00 and set a "positive" rating on the stock in a research report on Tuesday, July 22nd. Wells Fargo & Company decreased their target price on Texas Instruments from $215.00 to $195.00 and set an "equal weight" rating for the company in a research note on Wednesday, July 23rd. Mizuho dropped their price target on shares of Texas Instruments from $205.00 to $200.00 and set a "neutral" rating for the company in a research report on Wednesday, July 23rd. Finally, Morgan Stanley lowered their price objective on Texas Instruments from $197.00 to $192.00 and set an "underweight" rating for the company in a research report on Friday, September 12th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Texas Instruments has an average rating of "Hold" and an average price target of $213.82.

Texas Instruments Trading 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 7,171,619. The company has a 50-day moving average of $194.12 and a 200 day moving average of $185.77. 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 company has a market cap of $163.07 billion, a P/E ratio of 32.85, a P/E/G 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.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings results 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 net margin of 30.23% and a return on equity of 30.10%. The company had revenue of $4.45 billion for the quarter, compared to analysts' expectations of $4.31 billion. During the same period last year, the company earned $1.17 EPS. The firm's revenue for the quarter was up 16.4% compared to the same quarter last year. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Sell-side analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Increases Dividend

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

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.