Retirement Systems of Alabama reduced its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 1.0% in the second quarter, according to its most recent filing with the SEC. The fund owned 344,746 shares of the semiconductor company’s stock after selling 3,343 shares during the period. Retirement Systems of Alabama’s holdings in Texas Instruments were worth $71,576,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of TXN. Nuveen LLC bought a new stake in shares of Texas Instruments during the 1st quarter worth approximately $711,387,000. Price T Rowe Associates Inc. MD lifted its stake 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 acquiring an additional 2,257,086 shares during the last quarter. Jennison Associates LLC raised its position 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 in the last quarter. Assenagon Asset Management S.A. raised its position 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 in the last quarter. Finally, Invesco Ltd. raised its position 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 in the last quarter. 84.99% of the stock is owned by institutional investors.
Insiders Place Their Bets
In related news, VP Ahmad Bahai sold 1,500 shares of the business’s 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 transaction, the vice president directly owned 38,883 shares in the company, valued at $7,984,624.05. The trade was a 3.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.57% of the stock is currently owned by company insiders.
Texas Instruments Trading Down 4.0%
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 (EPS) for the quarter, meeting analysts’ consensus estimates of $1.48. Texas Instruments had a return on equity of 30.41% and a net margin of 29.21%.The business had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.65 billion. During the same period last year, the business posted $1.44 EPS. The business’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, 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 announced a quarterly dividend, which will be paid on Wednesday, November 12th. Investors of record on Friday, October 31st will be paid a dividend of $1.42 per share. 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 dividend payout ratio (DPR) is presently 99.45%.
Wall Street Analyst Weigh In
TXN has been the subject of a number of research analyst reports. Stifel Nicolaus set a $170.00 target price on Texas Instruments in a research report on Wednesday, October 22nd. Benchmark reaffirmed a “buy” rating on shares of Texas Instruments in a research report on Wednesday, October 22nd. The Goldman Sachs Group decreased their target price on Texas Instruments from $230.00 to $200.00 and set a “buy” rating for the company in a research report on Wednesday, October 22nd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Texas Instruments in a research report on Wednesday, October 8th. Finally, TD Cowen decreased their target price on Texas Instruments from $210.00 to $200.00 and set a “buy” rating for the company in a research report on Wednesday, October 22nd. Two 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $191.67.
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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