Comerica Bank Increases Holdings in Texas Instruments Incorporated $TXN

Key Points

• Comerica Bank raised its stake in Texas Instruments by 1.7%, owning 261,162 shares valued at approximately $46.93 million as of the latest reporting period.
• Texas Instruments reported a quarterly EPS of $1.41, exceeding the consensus estimate of $1.32, and generated $4.45 billion in revenue, up 16.4% year-over-year.
• The company announced a $1.36 quarterly dividend, resulting in an annual yield of 2.6% and a high dividend payout ratio of 99.63%.

Comerica Bank boosted its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 1.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 261,162 shares of the semiconductor company's stock after buying an additional 4,443 shares during the quarter. Comerica Bank's holdings in Texas Instruments were worth $46,931,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Cloud Capital Management LLC purchased a new stake in Texas Instruments in the first quarter worth $28,000. Copia Wealth Management purchased a new stake in Texas Instruments in the fourth quarter worth $30,000. Dagco Inc. bought a new position in Texas Instruments in the 1st quarter worth about $32,000. Quintet Private Bank Europe S.A. bought a new position in Texas Instruments in the 1st quarter worth about $34,000. Finally, Park Square Financial Group LLC bought a new position in Texas Instruments in the 4th quarter worth about $41,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TXN has been the subject of several analyst reports. Arete initiated coverage on Texas Instruments in a research note on Thursday, June 26th. They issued a "neutral" rating and a $203.80 target price for the company. Morgan Stanley restated an "underweight" rating on shares of Texas Instruments in a research note on Tuesday, July 22nd. KeyCorp raised their target price on Texas Instruments from $215.00 to $240.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Sanford C. Bernstein raised Texas Instruments from a "strong sell" rating to a "hold" rating in a research note on Thursday, June 5th. Finally, Wells Fargo & Company dropped their price objective 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. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, thirteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $212.21.

Texas Instruments Trading Up 0.0%

Shares of TXN traded up $0.01 during trading hours on Tuesday, hitting $205.98. The company had a trading volume of 4,548,758 shares, compared to its average volume of 6,169,783. The firm has a market cap of $187.26 billion, a P/E ratio of 37.73, a P/E/G ratio of 3.36 and a beta of 1.03. The stock's 50 day moving average price is $201.50 and its 200 day moving average price is $186.09. 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 52-week low of $139.95 and a 52-week high of $221.69.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $4.31 billion. During the same quarter in the previous year, the business earned $1.17 earnings per share. The company's quarterly 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, research analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 12th. Investors of record on Thursday, July 31st were issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Thursday, July 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.