ICONIQ Capital LLC Lowers Stake in Texas Instruments Incorporated $TXN

ICONIQ Capital LLC lowered its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 3.8% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 4,314 shares of the semiconductor company’s stock after selling 171 shares during the period. ICONIQ Capital LLC’s holdings in Texas Instruments were worth $775,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

Several equities analysts have commented on TXN shares. Robert W. Baird raised their price target on shares of Texas Instruments from $175.00 to $220.00 and gave the company an “outperform” rating in a research report on Wednesday, July 23rd. Susquehanna decreased their price target on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a research report on Tuesday, July 22nd. Truist Financial raised their price target on shares of Texas Instruments from $171.00 to $196.00 and gave the company a “hold” rating in a research report on Wednesday, July 23rd. KeyCorp raised their price target on shares of Texas Instruments from $215.00 to $240.00 and gave the company an “overweight” rating in a research report on Tuesday, July 8th. Finally, The Goldman Sachs Group started coverage on shares of Texas Instruments in a research report on Thursday, July 10th. They issued a “buy” rating and a $255.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $212.21.

Texas Instruments Price Performance

Shares of TXN opened at $206.06 on Friday. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $221.69. The firm’s fifty day simple moving average is $201.20 and its 200-day simple moving average is $185.75. The firm has a market capitalization of $187.34 billion, a price-to-earnings ratio of 37.74, a PEG ratio of 3.36 and a beta of 1.03. 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 (NASDAQ:TXN) last announced its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.09. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The business had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.31 billion. During the same period last year, the business earned $1.17 EPS. The company’s revenue was up 16.4% on a year-over-year basis. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Equities analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 12th. Stockholders of record on Thursday, July 31st were issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Thursday, July 31st. Texas Instruments’s dividend payout ratio (DPR) is presently 99.63%.

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.