Texas Instruments Incorporated $TXN Shares Sold by Steel Grove Capital Advisors LLC

Steel Grove Capital Advisors LLC reduced its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 4.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,987 shares of the semiconductor company’s stock after selling 428 shares during the period. Steel Grove Capital Advisors LLC’s holdings in Texas Instruments were worth $2,074,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Texas Instruments by 0.5% in the first quarter. Vanguard Group Inc. now owns 94,020,960 shares of the semiconductor company’s stock valued at $16,895,567,000 after purchasing an additional 453,683 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Texas Instruments by 2.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 21,915,824 shares of the semiconductor company’s stock valued at $3,938,274,000 after purchasing an additional 428,356 shares during the period. Invesco Ltd. boosted its stake in shares of Texas Instruments by 14.6% in the first quarter. Invesco Ltd. now owns 13,624,568 shares of the semiconductor company’s stock valued at $2,448,335,000 after purchasing an additional 1,731,411 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Texas Instruments by 20.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 13,197,863 shares of the semiconductor company’s stock valued at $2,371,657,000 after purchasing an additional 2,257,086 shares during the period. Finally, Northern Trust Corp boosted its stake in shares of Texas Instruments by 0.9% in the first quarter. Northern Trust Corp now owns 10,493,990 shares of the semiconductor company’s stock valued at $1,885,770,000 after purchasing an additional 95,980 shares during the period. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on TXN. Susquehanna cut their price target on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a report on Tuesday, July 22nd. Stifel Nicolaus cut their price target on shares of Texas Instruments from $192.00 to $185.00 and set a “hold” rating on the stock in a report on Friday, October 17th. Mizuho cut shares of Texas Instruments from a “neutral” rating to an “underperform” rating and cut their price target for the company from $200.00 to $150.00 in a report on Monday. The Goldman Sachs Group cut their price target on shares of Texas Instruments from $230.00 to $200.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Seaport Res Ptn raised shares of Texas Instruments from a “strong sell” rating to a “hold” rating in a report on Monday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twelve have assigned a Hold rating and six have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $205.77.

Texas Instruments Stock Up 0.7%

Shares of NASDAQ:TXN opened at $180.84 on Wednesday. The stock has a market capitalization of $164.41 billion, a price-to-earnings ratio of 33.12, a price-to-earnings-growth ratio of 3.04 and a beta of 1.01. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $221.69. The company’s fifty day moving average is $186.92 and its two-hundred day moving average is $185.92. 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) last issued its earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.48. The company had revenue of $4.74 billion for the quarter, compared to analysts’ expectations of $4.65 billion. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The firm’s revenue was up 14.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.44 earnings per share. Texas Instruments has set its Q4 2025 guidance at 1.130-1.390 EPS. Equities analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st will be issued a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a dividend yield of 3.1%. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.36. The ex-dividend date of this dividend is Friday, October 31st. Texas Instruments’s dividend payout ratio is currently 104.03%.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the stock in a transaction on Monday, August 25th. The shares were sold at an average price of $205.35, for a total transaction of $308,025.00. Following the sale, the vice president directly owned 38,883 shares of the company’s stock, valued at approximately $7,984,624.05. This 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 available at the SEC website. Company 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.