Eastern Bank Sells 67 Shares of Texas Instruments Incorporated $TXN

Eastern Bank reduced its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,586 shares of the semiconductor company’s stock after selling 67 shares during the quarter. Eastern Bank’s holdings in Texas Instruments were worth $745,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in TXN. Nuveen LLC bought a new stake in Texas Instruments during the first quarter worth approximately $711,387,000. Price T Rowe Associates Inc. MD increased its stake in Texas Instruments by 20.6% during the first 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 acquiring an additional 2,257,086 shares during the last quarter. Jennison Associates LLC increased its stake in Texas Instruments by 2,898.0% during the first quarter. Jennison Associates LLC now owns 2,214,471 shares of the semiconductor company’s stock worth $397,940,000 after acquiring an additional 2,140,605 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in Texas Instruments by 117.1% during the second quarter. Assenagon Asset Management S.A. now owns 3,500,474 shares of the semiconductor company’s stock worth $726,768,000 after acquiring an additional 1,888,354 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of Texas Instruments by 14.6% during the first quarter. Invesco Ltd. now owns 13,624,568 shares of the semiconductor company’s stock valued at $2,448,335,000 after buying an additional 1,731,411 shares during the last quarter. 84.99% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on TXN. Citigroup reaffirmed a “buy” rating on shares of Texas Instruments in a research note on Tuesday, July 22nd. Benchmark reaffirmed a “buy” rating and set a $220.00 target price on shares of Texas Instruments in a research note on Monday, September 8th. Wolfe Research raised 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. Rosenblatt Securities reaffirmed a “buy” rating and set a $245.00 target price on shares of Texas Instruments in a research note on Wednesday, July 23rd. Finally, JPMorgan Chase & Co. upped their target price on Texas Instruments from $195.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, fourteen have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and a consensus price target of $213.82.

Texas Instruments Stock Performance

Shares of TXN opened at $171.70 on Friday. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $221.69. The stock has a fifty day moving average price of $188.26 and a 200-day moving average price of $185.72. The company has a current ratio of 5.81, a quick ratio of 3.88 and a debt-to-equity ratio of 0.86. The firm has a market cap of $156.10 billion, a PE ratio of 31.45, a P/E/G ratio of 2.80 and a beta of 1.01.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, beating the consensus estimate of $1.32 by $0.09. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%.The firm had revenue of $4.45 billion during the quarter, compared to analyst estimates of $4.31 billion. During the same quarter in the prior year, the business posted $1.17 EPS. The business’s revenue for the quarter was up 16.4% compared to the same quarter last year. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. Equities research 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 disclosed a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st will be issued a dividend of $1.42 per share. The ex-dividend date is Friday, October 31st. This represents a $5.68 annualized dividend and a dividend yield of 3.3%. This is a boost from Texas Instruments’s previous quarterly dividend of $1.36. Texas Instruments’s dividend payout ratio (DPR) is currently 99.63%.

Insider Activity at Texas Instruments

In other news, VP Ahmad Bahai sold 1,500 shares of the stock in a transaction on Monday, August 25th. The stock was sold at an average price of $205.35, for a total transaction of $308,025.00. Following the completion of the sale, the vice president owned 38,883 shares in the company, 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 SEC, 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.