OFI Invest Asset Management boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 18.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 23,704 shares of the semiconductor company’s stock after purchasing an additional 3,632 shares during the period. OFI Invest Asset Management’s holdings in Texas Instruments were worth $4,921,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Texas Instruments by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 94,020,960 shares of the semiconductor company’s stock worth $16,895,567,000 after purchasing an additional 453,683 shares during the period. Charles Schwab Investment Management Inc. increased its position in Texas Instruments by 2.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 21,915,824 shares of the semiconductor company’s stock worth $3,938,274,000 after purchasing an additional 428,356 shares during the period. Invesco Ltd. increased 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 worth $2,448,335,000 after purchasing an additional 1,731,411 shares during the period. Price T Rowe Associates Inc. MD increased its position in 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 period. Finally, Northern Trust Corp increased its position in 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 during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.
Insider Transactions at Texas Instruments
In related news, VP Ahmad Bahai sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $205.35, for a total value of $308,025.00. Following the sale, the vice president owned 38,883 shares of the company’s stock, 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 Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.57% of the company’s stock.
Texas Instruments Stock Performance
Texas Instruments (NASDAQ:TXN – Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.09. The business had revenue of $4.45 billion for the quarter, compared to analysts’ expectations of $4.31 billion. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%.The company’s revenue was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.17 EPS. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. As a group, equities 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 paid a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Friday, October 31st. This is an increase from Texas Instruments’s previous quarterly dividend of $1.36. Texas Instruments’s dividend payout ratio is currently 99.63%.
Analysts Set New Price Targets
TXN has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their target price on Texas Instruments from $195.00 to $225.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 23rd. Wolfe Research upgraded Texas Instruments from a “peer perform” rating to an “outperform” rating and set a $230.00 target price on the stock in a research report on Monday, July 28th. Wells Fargo & Company dropped their target price on Texas Instruments from $215.00 to $195.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 23rd. TD Cowen dropped their target price on Texas Instruments from $245.00 to $230.00 and set a “buy” rating on the stock in a research report on Wednesday, July 23rd. Finally, Stifel Nicolaus boosted their target price on Texas Instruments from $160.00 to $192.00 and gave the stock a “hold” rating in a research report on Friday, July 18th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, fourteen have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $213.82.
Texas Instruments Company 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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