Texas Instruments Incorporated $TXN Stock Position Raised by Agate Pass Investment Management LLC

Key Points

• Agate Pass Investment Management LLC increased its stake in Texas Instruments by 19.0% in the second quarter, now holding $2,922,000 worth of the company's stock.
• Texas Instruments reported earnings of $1.41 per share, exceeding analyst expectations, and showed a revenue increase of 16.4% year-over-year.
• The company has announced a quarterly dividend of $1.42 per share, which reflects a 3.3% yield and an increase from the previous dividend of $1.36.

Agate Pass Investment Management LLC lifted its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 19.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,072 shares of the semiconductor company's stock after buying an additional 2,244 shares during the quarter. Texas Instruments comprises 1.2% of Agate Pass Investment Management LLC's investment portfolio, making the stock its 25th largest holding. Agate Pass Investment Management LLC's holdings in Texas Instruments were worth $2,922,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in TXN. Cloud Capital Management LLC acquired a new position in Texas Instruments in the first quarter worth approximately $28,000. Dagco Inc. acquired a new position in Texas Instruments in the first quarter worth approximately $32,000. CBIZ Investment Advisory Services LLC increased its holdings in Texas Instruments by 67.6% in the first quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company's stock worth $33,000 after buying an additional 75 shares during the last quarter. Quintet Private Bank Europe S.A. bought a new stake in shares of Texas Instruments during the 1st quarter worth about $34,000. Finally, N.E.W. Advisory Services LLC bought a new stake in shares of Texas Instruments during the 1st quarter worth about $42,000. Institutional investors and hedge funds own 84.99% of the company's stock.

Texas Instruments Stock Performance

TXN opened at $171.70 on Friday. The firm has a market capitalization of $156.10 billion, a P/E ratio of 31.45, a price-to-earnings-growth ratio of 2.92 and a beta of 1.01. The stock's 50 day moving average price is $188.26 and its two-hundred day moving average price is $185.72. 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 Incorporated has a 12-month low of $139.95 and a 12-month high of $221.69.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.32 by $0.09. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%.The firm had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.31 billion. During the same quarter last year, the firm posted $1.17 EPS. The company's revenue 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, equities analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Increases Dividend

The company also recently disclosed 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 represents a $5.68 dividend on an annualized basis and a dividend yield of 3.3%. This is an increase from Texas Instruments's previous quarterly dividend of $1.36. Texas Instruments's dividend payout ratio is 99.63%.

Insider Activity at Texas Instruments

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the firm's stock in a transaction that occurred 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 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.57% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Rosenblatt Securities reiterated a "buy" rating and set a $245.00 price target on shares of Texas Instruments in a research note on Wednesday, July 23rd. Seaport Res Ptn upgraded Texas Instruments from a "strong sell" rating to a "hold" rating in a research note on Monday, July 21st. Truist Financial upped their price target on Texas Instruments from $171.00 to $196.00 and gave the stock a "hold" rating in a research note on Wednesday, July 23rd. UBS Group set a $255.00 price target on Texas Instruments in a research note on Tuesday, July 22nd. Finally, The Goldman Sachs Group assumed coverage on Texas Instruments in a research note on Thursday, July 10th. They set a "buy" rating and a $255.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, Texas Instruments has a consensus rating of "Hold" and a consensus target price of $213.82.

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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