Thurston Springer Miller Herd & Titak Inc. Grows Stock Holdings in Texas Instruments Incorporated $TXN

Key Points

• Thurston Springer Miller Herd & Titak Inc. increased its stake in Texas Instruments by 17.4% during the second quarter, holding a total of 25,520 shares valued at approximately $5.3 million.
• Texas Instruments reported earnings per share of $1.41 for the last quarter, exceeding estimates, with a revenue of $4.45 billion, marking a 16.4% year-over-year increase.
• The company recently announced a quarterly dividend of $1.36 per share, representing a 3.0% yield, with a high dividend payout ratio of 99.63%.

Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 17.4% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,520 shares of the semiconductor company's stock after purchasing an additional 3,783 shares during the period. Texas Instruments makes up 0.7% of Thurston Springer Miller Herd & Titak Inc.'s investment portfolio, making the stock its 27th largest holding. Thurston Springer Miller Herd & Titak Inc.'s holdings in Texas Instruments were worth $5,298,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TXN. Cloud Capital Management LLC purchased a new stake in Texas Instruments during the first quarter valued at approximately $28,000. Copia Wealth Management purchased a new stake in Texas Instruments during the fourth quarter valued at approximately $30,000. Dagco Inc. purchased a new stake in Texas Instruments during the first quarter valued at approximately $32,000. CBIZ Investment Advisory Services LLC increased its holdings in Texas Instruments by 67.6% during the first quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company's stock valued at $33,000 after buying an additional 75 shares during the last quarter. Finally, Quintet Private Bank Europe S.A. purchased a new stake in Texas Instruments during the first quarter valued at approximately $34,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Texas Instruments

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of Texas Instruments stock in a transaction 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 completion of the transaction, the vice president directly owned 38,883 shares of the company's stock, valued at $7,984,624.05. This trade represents a 3.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.57% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on TXN shares. Stifel Nicolaus upped their target price on shares of Texas Instruments from $160.00 to $192.00 and gave the company a "hold" rating in a report on Friday, July 18th. TD Cowen reduced their target price on shares of Texas Instruments from $245.00 to $230.00 and set a "buy" rating for the company in a report on Wednesday, July 23rd. KeyCorp raised their price objective on shares of Texas Instruments from $215.00 to $240.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. Seaport Res Ptn upgraded shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a research report on Monday, July 21st. Finally, Rosenblatt Securities restated a "buy" rating and set a $245.00 price objective on shares of Texas Instruments in a research report on Wednesday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have assigned a Hold rating and four have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $213.82.

Texas Instruments Stock Performance

TXN opened at $182.60 on Friday. The stock has a market capitalization of $166.01 billion, a price-to-earnings ratio of 33.44, a PEG ratio of 3.01 and a beta of 1.02. The company has a fifty day moving average of $197.93 and a 200 day moving average of $186.32. 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 debt-to-equity ratio of 0.86, a quick ratio of 3.88 and a current ratio of 5.81.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.09. The company had revenue of $4.45 billion during 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 period last year, the company posted $1.17 earnings per share. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. As a group, sell-side analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 12th. Investors of record on Thursday, July 31st were paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Thursday, July 31st. Texas Instruments's dividend payout ratio (DPR) is presently 99.63%.

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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