Mechanics Bank Trust Department Has $1.02 Million Position in Texas Instruments Incorporated $TXN

Mechanics Bank Trust Department decreased its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 5.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,896 shares of the semiconductor company’s stock after selling 279 shares during the quarter. Mechanics Bank Trust Department’s holdings in Texas Instruments were worth $1,017,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Texas Instruments by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 94,020,960 shares of the semiconductor company’s stock valued at $16,895,567,000 after buying an additional 453,683 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Texas Instruments by 2.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 21,915,824 shares of the semiconductor company’s stock valued at $3,938,274,000 after purchasing an additional 428,356 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Texas Instruments by 14.6% in 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. Price T Rowe Associates Inc. MD grew its holdings in shares of Texas Instruments by 20.6% in 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. Finally, Northern Trust Corp increased its position in shares of Texas Instruments by 0.9% during the 1st quarter. Northern Trust Corp now owns 10,493,990 shares of the semiconductor company’s stock worth $1,885,770,000 after purchasing an additional 95,980 shares in the last quarter. 84.99% of the stock is owned by institutional investors.

Analyst Ratings Changes

TXN has been the topic of a number of recent analyst reports. BNP Paribas upgraded shares of Texas Instruments to a “strong sell” rating in a research report on Wednesday, July 23rd. Arete initiated coverage on Texas Instruments in a report on Thursday, June 26th. They set a “neutral” rating and a $203.80 price target for the company. Susquehanna reduced their price objective on Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research note on Tuesday, July 22nd. Stifel Nicolaus raised their target price on Texas Instruments from $160.00 to $192.00 and gave the company a “hold” rating in a research note on Friday, July 18th. Finally, Wolfe Research upgraded shares of Texas Instruments from a “peer perform” rating to an “outperform” rating and set a $230.00 price target on the stock in a research report on Monday, July 28th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $213.82.

Insider Activity

In related news, VP Ahmad Bahai sold 1,500 shares of the stock in a transaction that occurred 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 owned 38,883 shares of the company’s stock, valued at $7,984,624.05. This represents a 3.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.57% of the company’s stock.

Texas Instruments Trading Down 1.2%

TXN stock opened at $179.37 on Monday. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $221.69. The stock has a market cap of $163.07 billion, a price-to-earnings ratio of 32.85, a price-to-earnings-growth ratio of 2.93 and a beta of 1.02. The company has a fifty day moving average price of $194.12 and a two-hundred day moving average price of $185.77. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.81 and a quick ratio of 3.88.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $4.31 billion. During the same quarter last year, the business earned $1.17 EPS. The company’s quarterly revenue 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 analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st will be given a $1.42 dividend. This is a boost from Texas Instruments’s previous quarterly dividend of $1.36. This represents a $5.68 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Friday, October 31st. Texas Instruments’s dividend payout ratio (DPR) is presently 104.03%.

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.