Wealth Management Associates Inc. reduced its stake in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 4.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 3,346 shares of the semiconductor company’s stock after selling 157 shares during the period. Wealth Management Associates Inc.’s holdings in Texas Instruments were worth $695,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Kestra Private Wealth Services LLC lifted its holdings in 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 valued at $11,462,000 after purchasing an additional 6,267 shares during the last quarter. Independent Advisor Alliance lifted its holdings in Texas Instruments by 4.8% during the first quarter. Independent Advisor Alliance now owns 26,684 shares of the semiconductor company’s stock valued at $4,795,000 after purchasing an additional 1,232 shares during the last quarter. Howard Capital Management Inc. lifted its holdings in Texas Instruments by 11.3% during the second quarter. Howard Capital Management Inc. now owns 26,745 shares of the semiconductor company’s stock valued at $5,553,000 after purchasing an additional 2,709 shares during the last quarter. Baron Silver Stevens Financial Advisors LLC purchased a new stake in Texas Instruments during the second quarter valued at about $326,000. Finally, Farther Finance Advisors LLC lifted its holdings in Texas Instruments by 34.4% during the second quarter. Farther Finance Advisors LLC now owns 16,363 shares of the semiconductor company’s stock valued at $3,397,000 after purchasing an additional 4,191 shares during the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Texas Instruments
In related news, VP Ahmad Bahai sold 1,500 shares of the company’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 directly owned 38,883 shares in the company, valued at approximately $7,984,624.05. This represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.57% of the company’s stock.
Texas Instruments Stock Down 1.5%
Texas Instruments (NASDAQ:TXN – Get Free Report) last posted its quarterly earnings data on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share for the quarter, hitting the consensus estimate 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 29.21% and a return on equity of 30.41%. Texas Instruments’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.44 earnings per share. Texas Instruments has set its Q4 2025 guidance at 1.130-1.390 EPS. Sell-side analysts predict that Texas Instruments Incorporated will post 5.35 EPS 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. Investors of record on Friday, October 31st will be given a $1.42 dividend. This represents a $5.68 annualized dividend and a dividend yield of 3.4%. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.36. The ex-dividend date is Friday, October 31st. Texas Instruments’s dividend payout ratio (DPR) is currently 99.45%.
Wall Street Analysts Forecast Growth
Several research firms have commented on TXN. BNP Paribas raised shares of Texas Instruments to a “strong sell” rating in a report on Wednesday, July 23rd. DZ Bank reaffirmed a “sell” rating and set a $158.00 price objective on shares of Texas Instruments in a report on Wednesday, July 23rd. UBS Group set a $245.00 price target on Texas Instruments and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Cantor Fitzgerald decreased their price target on Texas Instruments from $200.00 to $170.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 22nd. Finally, Truist Financial decreased their price target on Texas Instruments from $196.00 to $175.00 and set a “hold” rating on the stock in a research report on Wednesday, October 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have assigned a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $191.67.
Get Our Latest Stock Report on TXN
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.
Recommended Stories
- Five stocks we like better than Texas Instruments
- The 3 Best Fintech Stocks to Buy Now
- The Drone Arms Race: From Battlefield to Balance Sheet
- What is a Special Dividend?
- Why Wall Street Is Backing These 3 Comeback Stocks
- The Risks of Owning Bonds
- Intel’s Breakout Quarter: More Than a Beat, It’s a Declaration
Want to see what other hedge funds are holding TXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Instruments Incorporated (NASDAQ:TXN – Free Report).
Receive News & Ratings for Texas Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments and related companies with MarketBeat.com's FREE daily email newsletter.
