West Oak Capital LLC Boosts Holdings in Texas Instruments Incorporated $TXN

Key Points

• West Oak Capital LLC increased its holdings in Texas Instruments by 15.6%, owning 13,395 shares valued at approximately $2.78 million as of their latest filing.
• Several analysts boosted their price targets for Texas Instruments, with KeyCorp raising it from $215.00 to $240.00, while Goldman Sachs set a target price of $255.00.
• Texas Instruments announced a quarterly dividend increase to $1.42 per share, with the ex-dividend date scheduled for October 31, representing a 3.2% dividend yield.

West Oak Capital LLC raised its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 15.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,395 shares of the semiconductor company's stock after acquiring an additional 1,805 shares during the quarter. West Oak Capital LLC's holdings in Texas Instruments were worth $2,781,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of TXN. Cloud Capital Management LLC purchased a new position in shares of Texas Instruments during the 1st quarter valued at $28,000. Copia Wealth Management bought a new stake in Texas Instruments in the 4th quarter valued at about $30,000. Dagco Inc. purchased a new stake in Texas Instruments during the first quarter valued at about $32,000. CBIZ Investment Advisory Services LLC boosted its position 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 worth $33,000 after purchasing an additional 75 shares during the period. Finally, Quintet Private Bank Europe S.A. purchased a new position in shares of Texas Instruments in the first quarter worth about $34,000. Hedge funds and other institutional investors own 84.99% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently commented on TXN shares. KeyCorp upped their price target 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. The Goldman Sachs Group initiated coverage on Texas Instruments in a research report on Thursday, July 10th. They set a "buy" rating and a $255.00 target price on the stock. Mizuho reduced their price target on Texas Instruments from $205.00 to $200.00 and set a "neutral" rating for the company in a research report on Wednesday, July 23rd. Robert W. Baird increased their price objective on Texas Instruments from $175.00 to $220.00 and gave the stock an "outperform" rating in a report on Wednesday, July 23rd. Finally, Truist Financial lifted their target price on Texas Instruments from $171.00 to $196.00 and gave the company a "hold" rating in a report on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, thirteen have assigned a Hold rating and four have given a Sell rating to the company's stock. According to data from MarketBeat, Texas Instruments presently has a consensus rating of "Hold" and an average price target of $213.82.

Texas Instruments Stock Up 0.1%

TXN opened at $179.62 on Tuesday. The stock has a market cap of $163.30 billion, a PE ratio of 32.90, a P/E/G ratio of 2.93 and a beta of 1.02. 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. The business's fifty day simple moving average is $193.32 and its 200 day simple moving average is $185.70.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, beating analysts' consensus estimates of $1.32 by $0.09. The business had revenue of $4.45 billion for 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 firm's revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.17 earnings per share. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. As a group, research analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The business also recently disclosed 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 an increase from Texas Instruments's previous quarterly dividend of $1.36. This represents a $5.68 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Friday, October 31st. Texas Instruments's dividend payout ratio (DPR) is presently 99.63%.

Insider Activity at Texas Instruments

In other news, VP Ahmad Bahai sold 1,500 shares of Texas Instruments stock in a transaction dated Monday, August 25th. The stock was 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. The trade was a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.57% of the company's stock.

About Texas Instruments

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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