Wesbanco Bank Inc. Reduces Holdings in Texas Instruments Incorporated $TXN

Key Points

• Wesbanco Bank Inc. reduced its stake in Texas Instruments by 2.7%, ending the second quarter with 149,804 shares worth approximately $31.1 million.
• Several other institutional investors, including Kestra Private Wealth Services LLC, increased their positions in Texas Instruments, indicating a mix of investment strategies among larger shareholders.
• Texas Instruments recently reported earnings of $1.41 per share for the quarter, exceeding analysts' expectations, and announced a quarterly dividend of $1.36 per share.

Wesbanco Bank Inc. trimmed its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 149,804 shares of the semiconductor company's stock after selling 4,227 shares during the quarter. Texas Instruments makes up approximately 0.9% of Wesbanco Bank Inc.'s investment portfolio, making the stock its 20th largest position. Wesbanco Bank Inc.'s holdings in Texas Instruments were worth $31,102,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Kestra Private Wealth Services LLC increased its position in shares of Texas Instruments by 10.9% during the first quarter. Kestra Private Wealth Services LLC now owns 63,786 shares of the semiconductor company's stock worth $11,462,000 after purchasing an additional 6,267 shares in the last quarter. Independent Advisor Alliance grew its holdings in Texas Instruments by 4.8% in the 1st quarter. Independent Advisor Alliance now owns 26,684 shares of the semiconductor company's stock valued at $4,795,000 after buying an additional 1,232 shares in the last quarter. Gries Financial LLC purchased a new stake in Texas Instruments in the 1st quarter valued at $243,000. Capital Investment Counsel LLC grew its holdings in Texas Instruments by 1.1% in the 1st quarter. Capital Investment Counsel LLC now owns 30,069 shares of the semiconductor company's stock valued at $5,403,000 after buying an additional 331 shares in the last quarter. Finally, SageView Advisory Group LLC grew its holdings in Texas Instruments by 27.9% in the 1st quarter. SageView Advisory Group LLC now owns 14,053 shares of the semiconductor company's stock valued at $2,525,000 after buying an additional 3,068 shares in the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Texas Instruments

In related news, VP Ahmad Bahai sold 1,500 shares of the stock in a transaction dated 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 owned 38,883 shares of the company's stock, valued at approximately $7,984,624.05. This represents a 3.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.57% of the company's stock.

Texas Instruments Stock Performance

NASDAQ TXN opened at $182.60 on Friday. The stock has a market cap of $166.01 billion, a PE ratio of 33.44, a P/E/G ratio of 3.01 and a beta of 1.02. The company has a current ratio of 5.81, a quick ratio of 3.88 and a debt-to-equity ratio of 0.86. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $221.69. The stock has a fifty day simple moving average of $197.93 and a 200-day simple moving average of $186.32.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share for the quarter, topping analysts' consensus estimates of $1.32 by $0.09. The business had revenue of $4.45 billion during the quarter, compared to analysts' expectations of $4.31 billion. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%.The company's revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.17 EPS. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Equities analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The company 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. The ex-dividend date of this dividend was Thursday, July 31st. This represents a $5.44 annualized dividend and a yield of 3.0%. Texas Instruments's dividend payout ratio is presently 99.63%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TXN. The Goldman Sachs Group began coverage on Texas Instruments in a report on Thursday, July 10th. They issued a "buy" rating and a $255.00 target price for the company. Robert W. Baird upped their target price on Texas Instruments from $175.00 to $220.00 and gave the company an "outperform" rating in a report on Wednesday, July 23rd. Mizuho dropped their target price on Texas Instruments from $205.00 to $200.00 and set a "neutral" rating for the company in a report on Wednesday, July 23rd. Bank of America dropped their target price on Texas Instruments from $218.00 to $208.00 and set a "neutral" rating for the company in a report on Friday, September 5th. Finally, TD Cowen dropped their target price on Texas Instruments from $245.00 to $230.00 and set a "buy" rating for the company in a report on Wednesday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have given a Hold rating and four have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Texas Instruments presently has an average rating of "Hold" and an average target price of $213.82.

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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