Linscomb Wealth Inc. cut its holdings in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 9.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,315 shares of the semiconductor company’s stock after selling 1,239 shares during the period. Linscomb Wealth Inc.’s holdings in Texas Instruments were worth $2,557,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the business. Cloud Capital Management LLC bought a new position in Texas Instruments during the 1st quarter valued at about $28,000. Dagco Inc. bought a new position in Texas Instruments in the 1st quarter worth about $32,000. CBIZ Investment Advisory Services LLC lifted its position in shares of Texas Instruments by 67.6% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 75 shares during the period. LGT Financial Advisors LLC lifted its position in shares of Texas Instruments by 328.9% in the 2nd quarter. LGT Financial Advisors LLC now owns 193 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 148 shares during the period. Finally, Mid American Wealth Advisory Group Inc. purchased a new stake in shares of Texas Instruments in the 2nd quarter worth approximately $40,000. 84.99% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
TXN has been the subject of a number of analyst reports. Morgan Stanley set a $175.00 target price on shares of Texas Instruments in a research report on Wednesday, October 22nd. Mizuho set a $145.00 price objective on shares of Texas Instruments in a research note on Wednesday, October 22nd. Benchmark restated a “buy” rating on shares of Texas Instruments in a research report on Wednesday, October 22nd. Bank of America downgraded shares of Texas Instruments from a “neutral” rating to an “underperform” rating and decreased their price objective for the company from $208.00 to $190.00 in a report on Monday, October 13th. Finally, Wells Fargo & Company decreased their price objective on shares of Texas Instruments from $195.00 to $170.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 22nd. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have assigned a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $191.67.
Texas Instruments Trading Up 0.6%
NASDAQ TXN opened at $161.46 on Friday. The stock has a market capitalization of $146.71 billion, a PE ratio of 29.52, a price-to-earnings-growth ratio of 3.05 and a beta of 1.01. The company has a quick ratio of 2.90, a current ratio of 4.45 and a debt-to-equity ratio of 0.81. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $221.69. The firm has a 50 day moving average of $181.95 and a two-hundred day moving average of $186.55.
Texas Instruments (NASDAQ:TXN – Get Free Report) last issued 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. Texas Instruments had a net margin of 29.21% and a return on equity of 30.41%. The business had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.65 billion. During the same quarter in the previous year, the firm 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. As a group, research analysts expect that Texas Instruments Incorporated will post 5.35 EPS 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. Investors of record on Friday, October 31st will be given a $1.42 dividend. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.36. The ex-dividend date is Friday, October 31st. This represents a $5.68 annualized dividend and a yield of 3.5%. Texas Instruments’s payout ratio is currently 103.84%.
Insider Buying and Selling
In related news, VP Ahmad Bahai sold 1,500 shares of the company’s stock in a transaction 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 in the company, valued at $7,984,624.05. This represents a 3.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.57% of the stock is currently owned by company insiders.
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.
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