Texas Instruments Incorporated $TXN Shares Sold by Richards Merrill & Peterson Inc.

Richards Merrill & Peterson Inc. lessened its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 5.1% during the 2nd quarter, Holdings Channel reports. The fund owned 5,490 shares of the semiconductor company’s stock after selling 294 shares during the quarter. Richards Merrill & Peterson Inc.’s holdings in Texas Instruments were worth $1,140,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of TXN. Nuveen LLC acquired a new position in Texas Instruments during the 1st quarter worth about $711,387,000. Price T Rowe Associates Inc. MD lifted 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 last quarter. Jennison Associates LLC increased its holdings in shares of Texas Instruments by 2,898.0% in the 1st quarter. Jennison Associates LLC now owns 2,214,471 shares of the semiconductor company’s stock valued at $397,940,000 after acquiring an additional 2,140,605 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of 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 worth $726,768,000 after buying an additional 1,888,354 shares during the last quarter. Finally, Invesco Ltd. grew its holdings 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 worth $2,448,335,000 after purchasing an additional 1,731,411 shares during the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TXN has been the topic of several recent research reports. The Goldman Sachs Group dropped their price target on Texas Instruments from $230.00 to $200.00 and set a “buy” rating on the stock in a research report on Wednesday. DZ Bank reaffirmed a “sell” rating and set a $158.00 price target on shares of Texas Instruments in a research note on Wednesday, July 23rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Texas Instruments in a research note on Friday. KeyCorp boosted their price objective on shares of Texas Instruments from $215.00 to $240.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 8th. Finally, Seaport Res Ptn raised shares of Texas Instruments from a “strong sell” rating to a “hold” rating in a research note on Monday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have given a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat, Texas Instruments presently has an average rating of “Hold” and a consensus price target of $191.67.

Texas Instruments Stock Down 1.8%

Shares of NASDAQ:TXN opened at $169.13 on Friday. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year high of $221.69. The stock has a 50-day simple moving average of $185.53 and a 200-day simple moving average of $186.10. The stock has a market capitalization of $153.76 billion, a P/E ratio of 30.92, a PEG ratio of 3.26 and a beta of 1.01. The company has a debt-to-equity ratio of 0.81, a quick ratio of 3.88 and a current ratio of 4.45.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share for the quarter, hitting the consensus estimate of $1.48. The company had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.65 billion. Texas Instruments had a return on equity of 30.41% and a net margin of 29.21%.The company’s revenue was up 14.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.44 earnings per share. Texas Instruments has set its Q4 2025 guidance at 1.130-1.390 EPS. Equities analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st will be paid a dividend of $1.42 per share. This is a boost from Texas Instruments’s previous quarterly dividend of $1.36. The ex-dividend date is Friday, October 31st. This represents a $5.68 dividend on an annualized basis and a yield of 3.4%. Texas Instruments’s payout ratio is 103.84%.

Insider Transactions at Texas Instruments

In other news, VP Ahmad Bahai sold 1,500 shares of the stock in a transaction that occurred 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 transaction, the vice president directly owned 38,883 shares in the company, valued at approximately $7,984,624.05. This represents a 3.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.57% of the stock is owned by corporate insiders.

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.