Texas Instruments Incorporated $TXN Stock Holdings Trimmed by Ascent Group LLC

Key Points

• Ascent Group LLC reduced its holdings in Texas Instruments by 32.3%, selling 2,699 shares in the second quarter, leaving it with 5,651 shares valued at approximately $1.17 million.
• Texas Instruments reported better-than-expected earnings in Q2, with an EPS of $1.41 and revenue of $4.45 billion, exceeding analysts' estimates.
• The company announced a quarterly dividend of $1.42 per share, reflecting an annualized dividend of $5.68 and a yield of 3.1%, marking an increase from the previous dividend of $1.36.

Ascent Group LLC lessened its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 32.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,651 shares of the semiconductor company's stock after selling 2,699 shares during the period. Ascent Group LLC's holdings in Texas Instruments were worth $1,173,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Mattern Capital Management LLC lifted its stake in Texas Instruments by 2.4% during the second quarter. Mattern Capital Management LLC now owns 47,506 shares of the semiconductor company's stock worth $9,863,000 after purchasing an additional 1,134 shares during the last quarter. Abacus Planning Group Inc. raised its holdings in shares of Texas Instruments by 17.2% during the second quarter. Abacus Planning Group Inc. now owns 1,924 shares of the semiconductor company's stock worth $399,000 after purchasing an additional 282 shares during the period. Trinity Legacy Partners LLC lifted its position in shares of Texas Instruments by 1.3% in the 2nd quarter. Trinity Legacy Partners LLC now owns 23,720 shares of the semiconductor company's stock worth $5,139,000 after buying an additional 301 shares during the last quarter. Hilltop National Bank acquired a new position in shares of Texas Instruments in the 2nd quarter valued at about $1,608,000. Finally, Triad Wealth Partners LLC bought a new stake in shares of Texas Instruments during the 2nd quarter valued at about $206,000. 84.99% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Arete began coverage on shares of Texas Instruments in a report on Thursday, June 26th. They issued a "neutral" rating and a $203.80 target price on the stock. KeyCorp raised their price target on Texas Instruments from $215.00 to $240.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. Wolfe Research upgraded Texas Instruments from a "peer perform" rating to an "outperform" rating and set a $230.00 price objective for the company in a research note on Monday, July 28th. The Goldman Sachs Group initiated coverage on Texas Instruments in a research report on Thursday, July 10th. They issued a "buy" rating and a $255.00 target price on the stock. Finally, Mizuho reduced their price target on shares of Texas Instruments from $205.00 to $200.00 and set a "neutral" rating for the company in a report on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, fourteen have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $213.82.

Insider Transactions at Texas Instruments

In other news, VP Ahmad Bahai sold 1,500 shares of Texas Instruments stock in a transaction 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 transaction, the vice president directly owned 38,883 shares in the company, valued at approximately $7,984,624.05. This trade represents a 3.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.57% of the company's stock.

Texas Instruments Stock Performance

TXN stock opened at $180.32 on Monday. The company has a market capitalization of $163.94 billion, a P/E ratio of 33.03, a PEG ratio of 2.95 and a beta of 1.01. The company has a 50-day simple moving average of $189.08 and a 200 day simple moving average of $185.92. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $221.69. The company has a quick ratio of 3.88, a current ratio of 5.81 and a debt-to-equity ratio of 0.86.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 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 net margin of 30.23% and a return on equity of 30.10%. Texas Instruments's quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter last year, the company earned $1.17 EPS. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Sell-side analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently announced 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. This represents a $5.68 dividend on an annualized basis and a yield of 3.1%. This is a positive change from Texas Instruments's previous quarterly dividend of $1.36. The ex-dividend date is Friday, October 31st. Texas Instruments's payout ratio is currently 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.

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