Lockheed Martin Investment Management Co. Decreases Stock Holdings in Texas Instruments Incorporated $TXN

Lockheed Martin Investment Management Co. trimmed its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 4.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,520 shares of the semiconductor company’s stock after selling 2,690 shares during the quarter. Lockheed Martin Investment Management Co.’s holdings in Texas Instruments were worth $12,980,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of TXN. Cloud Capital Management LLC purchased a new stake in shares of Texas Instruments during the first quarter valued at approximately $28,000. Dagco Inc. purchased a new stake in shares of Texas Instruments during the first quarter valued at approximately $32,000. CBIZ Investment Advisory Services LLC increased its position in shares of Texas Instruments by 67.6% during the first quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 75 shares during the last quarter. LGT Financial Advisors LLC increased its position in shares of Texas Instruments by 328.9% during the second quarter. LGT Financial Advisors LLC now owns 193 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 148 shares during the last quarter. Finally, Mid American Wealth Advisory Group Inc. bought a new stake in shares of Texas Instruments in the 2nd quarter worth approximately $40,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Texas Instruments

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 transaction, the vice president directly owned 38,883 shares in the company, valued at approximately $7,984,624.05. The trade was a 3.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.57% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Cowen reiterated a “buy” rating on shares of Texas Instruments in a research note on Wednesday, October 22nd. KeyCorp upped their price objective on Texas Instruments from $215.00 to $240.00 and gave the company an “overweight” rating in a research note on Tuesday, July 8th. Morgan Stanley set a $175.00 price objective on Texas Instruments in a research note on Wednesday, October 22nd. Cantor Fitzgerald dropped their price objective on Texas Instruments from $200.00 to $170.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 22nd. Finally, TD Cowen dropped their price objective on Texas Instruments from $210.00 to $200.00 and set a “buy” 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 given a Buy rating, eleven have issued a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat, Texas Instruments currently has an average rating of “Hold” and a consensus target price of $191.67.

Texas Instruments Stock Up 0.2%

Shares of NASDAQ:TXN opened at $160.51 on Friday. Texas Instruments Incorporated has a 52-week low of $139.95 and a 52-week high of $221.69. The firm has a fifty day moving average of $182.84 and a 200 day moving average of $186.47. The firm has a market capitalization of $145.84 billion, a PE ratio of 29.34, a price-to-earnings-growth ratio of 3.05 and a beta of 1.01. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.90 and a current ratio of 4.45.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share (EPS) 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 company had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.65 billion. During the same period in the previous year, the business earned $1.44 earnings per share. The firm’s quarterly 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 anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The business also recently announced 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 yield of 3.5%. This is a boost 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 presently 103.84%.

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.