Penobscot Investment Management Company Inc. Has $1.43 Million Holdings in Texas Instruments Incorporated $TXN

Penobscot Investment Management Company Inc. reduced its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 7.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,906 shares of the semiconductor company’s stock after selling 525 shares during the period. Penobscot Investment Management Company Inc.’s holdings in Texas Instruments were worth $1,434,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of TXN. Hudson Valley Investment Advisors Inc. ADV bought a new position in shares of Texas Instruments during the 2nd quarter worth about $228,000. QRG Capital Management Inc. raised its position in Texas Instruments by 9.9% in the 2nd quarter. QRG Capital Management Inc. now owns 132,030 shares of the semiconductor company’s stock worth $27,412,000 after purchasing an additional 11,929 shares during the period. Corundum Group Inc. raised its position in Texas Instruments by 7.9% in the 2nd quarter. Corundum Group Inc. now owns 2,157 shares of the semiconductor company’s stock worth $448,000 after purchasing an additional 157 shares during the period. Segment Wealth Management LLC increased its position in shares of Texas Instruments by 0.3% in the second quarter. Segment Wealth Management LLC now owns 79,984 shares of the semiconductor company’s stock valued at $16,606,000 after acquiring an additional 250 shares during the period. Finally, Precedent Wealth Partners LLC increased its position in shares of Texas Instruments by 20.4% during the second quarter. Precedent Wealth Partners LLC now owns 9,833 shares of the semiconductor company’s stock valued at $2,042,000 after buying an additional 1,669 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, VP Ahmad Bahai sold 1,500 shares of the business’s stock in a transaction dated 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 sale, the vice president owned 38,883 shares in the company, valued at approximately $7,984,624.05. The trade was a 3.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.57% of the stock is owned by company insiders.

Texas Instruments Trading Down 1.1%

NASDAQ TXN opened at $180.32 on Friday. The firm’s 50-day moving average is $189.08 and its two-hundred day moving average is $185.85. 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 Incorporated has a 12 month low of $139.95 and a 12 month high of $221.69. The stock has a market capitalization of $163.94 billion, a P/E ratio of 33.03, a PEG ratio of 2.98 and a beta of 1.01.

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, beating 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 business had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.31 billion. During the same period in the prior year, the company earned $1.17 earnings per share. The company’s 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. On average, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st will be issued a $1.42 dividend. 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 3.1%. Texas Instruments’s dividend payout ratio (DPR) is presently 104.03%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on TXN shares. KeyCorp upped their target price on shares of Texas Instruments from $215.00 to $240.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 8th. Mizuho dropped their target price on shares of Texas Instruments from $205.00 to $200.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 23rd. Susquehanna dropped their target price on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research note on Tuesday, July 22nd. UBS Group set a $255.00 target price on shares of Texas Instruments in a report on Tuesday, July 22nd. Finally, The Goldman Sachs Group began coverage on shares of Texas Instruments in a research note on Thursday, July 10th. They issued a “buy” rating and a $255.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Texas Instruments has a consensus rating of “Hold” and an average price target of $213.82.

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.