Truist Financial Corp Purchases 11,322 Shares of Texas Instruments Incorporated $TXN

Key Points

• Truist Financial Corp increased its holdings in Texas Instruments by 4.6%, acquiring an additional 11,322 shares, which brings their total to 256,758 shares valued at approximately $53.3 million.
• Texas Instruments reported earnings of $1.41 per share, exceeding analyst expectations, and announced an increase in its quarterly dividend from $1.36 to $1.42.
• The stock of Texas Instruments is currently trading down 1.8%, with a market capitalization of $164 billion and diverse analyst ratings, including two 'Strong Buy' and twelve 'Buy' ratings.

Truist Financial Corp increased its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 4.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 256,758 shares of the semiconductor company's stock after acquiring an additional 11,322 shares during the quarter. Truist Financial Corp's holdings in Texas Instruments were worth $53,308,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Cloud Capital Management LLC bought a new position in shares of Texas Instruments in the first quarter valued at approximately $28,000. Dagco Inc. purchased a new stake in Texas Instruments in the first quarter valued at approximately $32,000. CBIZ Investment Advisory Services LLC raised its stake 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 valued at $33,000 after purchasing an additional 75 shares in the last quarter. Quintet Private Bank Europe S.A. purchased a new stake in Texas Instruments in the first quarter valued at approximately $34,000. Finally, N.E.W. Advisory Services LLC purchased a new stake in Texas Instruments in the first quarter valued at approximately $42,000. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Stock Down 1.8%

Shares of Texas Instruments stock opened at $180.39 on Thursday. 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 Incorporated has a 52-week low of $139.95 and a 52-week high of $221.69. The stock has a market capitalization of $164.00 billion, a price-to-earnings ratio of 33.04, a P/E/G ratio of 3.00 and a beta of 1.01. The company's 50 day moving average price is $189.24 and its 200-day moving average price is $185.83.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its 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 firm had revenue of $4.45 billion for the quarter, compared to analysts' expectations of $4.31 billion. During the same quarter last year, the business earned $1.17 earnings per share. The business'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. Equities research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st will be issued a $1.42 dividend. This is a positive change from Texas Instruments's previous quarterly dividend of $1.36. This represents a $5.68 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Friday, October 31st. Texas Instruments's dividend payout ratio (DPR) is 99.63%.

Insider Activity

In other news, VP Ahmad Bahai sold 1,500 shares of the firm's 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 transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.57% of the company's stock.

Wall Street Analyst Weigh In

TXN has been the topic of a number of recent analyst reports. KeyCorp raised their target price 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. TD Cowen lowered their target price on shares of Texas Instruments from $245.00 to $230.00 and set a "buy" rating on the stock in a research note on Wednesday, July 23rd. UBS Group set a $255.00 target price on shares of Texas Instruments in a research note on Tuesday, July 22nd. Sanford C. Bernstein raised shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a research note on Thursday, June 5th. Finally, Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Texas Instruments in a research note on Tuesday, July 22nd. Two investment 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 given a Sell rating to the company. Based on data from MarketBeat.com, Texas Instruments presently has an average rating of "Hold" and an average price target 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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