HBK Sorce Advisory LLC boosted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 2.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,199 shares of the semiconductor company’s stock after purchasing an additional 65 shares during the period. HBK Sorce Advisory LLC’s holdings in Texas Instruments were worth $664,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in TXN. Nuveen LLC bought a new position in Texas Instruments during the 1st quarter valued at about $711,387,000. Price T Rowe Associates Inc. MD grew its holdings in Texas Instruments by 20.6% during the 1st 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 last quarter. Jennison Associates LLC grew its holdings in Texas Instruments by 2,898.0% during the 1st quarter. Jennison Associates LLC now owns 2,214,471 shares of the semiconductor company’s stock valued at $397,940,000 after purchasing an additional 2,140,605 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in Texas Instruments by 117.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 3,500,474 shares of the semiconductor company’s stock valued at $726,768,000 after purchasing an additional 1,888,354 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in Texas Instruments by 14.6% during the 1st 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 last quarter. 84.99% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Texas Instruments
In other 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 completion of the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.57% of the company’s stock.
Texas Instruments Price Performance
Texas Instruments (NASDAQ:TXN – Get Free Report) last announced its quarterly earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share for the quarter, hitting the consensus estimate of $1.48. Texas Instruments had a net margin of 29.21% and a return on equity of 30.41%. The firm had revenue of $4.74 billion during the quarter, compared to analysts’ expectations of $4.65 billion. During the same quarter in the prior year, the company earned $1.44 EPS. The company’s revenue was up 14.2% compared to the same quarter last year. Texas Instruments has set its Q4 2025 guidance at 1.130-1.390 EPS. Equities analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.
Texas Instruments Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders 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 3.5%. The ex-dividend date of this dividend is Friday, October 31st. This is a boost from Texas Instruments’s previous quarterly dividend of $1.36. Texas Instruments’s dividend payout ratio is currently 103.84%.
Analysts Set New Price Targets
Several equities analysts recently commented on TXN shares. Citigroup cut their price target on shares of Texas Instruments from $260.00 to $235.00 and set a “buy” rating on the stock in a report on Thursday, October 16th. Stifel Nicolaus set a $170.00 target price on shares of Texas Instruments in a research note on Wednesday, October 22nd. Wolfe Research upgraded shares of Texas Instruments from a “peer perform” rating to an “outperform” rating and set a $230.00 target price on the stock in a research note on Monday, July 28th. Robert W. Baird set a $195.00 target price on shares of Texas Instruments and gave the stock an “outperform” rating in a research note on Wednesday, October 22nd. Finally, Susquehanna dropped their target price on shares of Texas Instruments from $240.00 to $200.00 and set a “positive” rating on the stock in a research note on Wednesday, October 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have issued a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $191.67.
View Our Latest Stock Analysis on TXN
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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