Guinness Asset Management LTD grew its position in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 1.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,006,421 shares of the semiconductor company’s stock after buying an additional 14,677 shares during the period. Texas Instruments makes up about 3.7% of Guinness Asset Management LTD’s investment portfolio, making the stock its 13th largest holding. Guinness Asset Management LTD’s holdings in Texas Instruments were worth $208,953,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently made changes to their positions in TXN. Cloud Capital Management LLC bought a new stake in shares of Texas Instruments during the first quarter valued at approximately $28,000. Dagco Inc. bought a new position in Texas Instruments in the 1st quarter valued at approximately $32,000. CBIZ Investment Advisory Services LLC boosted its stake in Texas Instruments by 67.6% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 75 shares during the last quarter. LGT Financial Advisors LLC boosted its stake in Texas Instruments by 328.9% during the 2nd quarter. LGT Financial Advisors LLC now owns 193 shares of the semiconductor company’s stock valued at $40,000 after purchasing 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 $40,000. Institutional investors own 84.99% of the company’s stock.
Analyst Ratings Changes
A number of research analysts have recently issued reports on the company. JPMorgan Chase & Co. lowered their price target on Texas Instruments from $225.00 to $210.00 and set an “overweight” rating on the stock in a report on Wednesday, October 22nd. 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. Cowen restated a “buy” rating on shares of Texas Instruments in a research note on Wednesday. Citigroup dropped their price target on shares of Texas Instruments from $260.00 to $235.00 and set a “buy” rating on the stock in a report on Thursday, October 16th. Finally, Susquehanna decreased their price objective on shares of Texas Instruments from $240.00 to $200.00 and set a “positive” rating for the company in a report on Wednesday, October 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have issued a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $191.67.
Insider Activity
In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the business’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 transaction of $308,025.00. Following the sale, the vice president directly owned 38,883 shares of the company’s stock, valued at $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 SEC, which is available through this link. Corporate insiders own 0.57% of the company’s stock.
Texas Instruments Stock Down 1.8%
Shares of TXN opened at $169.13 on Monday. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.45 and a quick ratio of 2.90. The stock has a market capitalization of $153.67 billion, a price-to-earnings ratio of 30.92, a price-to-earnings-growth ratio of 3.22 and a beta of 1.01. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year high of $221.69. The business’s 50 day simple moving average is $185.53 and its 200-day simple moving average is $186.50.
Texas Instruments (NASDAQ:TXN – Get Free Report) last posted its earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.48. The firm had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.65 billion. Texas Instruments had a net margin of 29.21% and a return on equity of 30.41%. Texas Instruments’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same period last year, the firm posted $1.44 earnings per share. Texas Instruments has set its Q4 2025 guidance at 1.130-1.390 EPS. As a group, equities analysts expect 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. Stockholders of record on Friday, October 31st will be issued a $1.42 dividend. 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 dividend yield of 3.4%. Texas Instruments’s payout ratio is presently 99.45%.
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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