SteelPeak Wealth LLC Boosts Stock Holdings in Texas Instruments Incorporated $TXN

SteelPeak Wealth LLC grew its holdings in Texas Instruments Incorporated (NASDAQ:TXNFree Report) by 118.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 115,008 shares of the semiconductor company’s stock after purchasing an additional 62,379 shares during the period. Texas Instruments makes up about 0.9% of SteelPeak Wealth LLC’s holdings, making the stock its 27th biggest position. SteelPeak Wealth LLC’s holdings in Texas Instruments were worth $23,878,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Nuveen LLC bought a new position in shares of Texas Instruments in the first quarter worth $711,387,000. Price T Rowe Associates Inc. MD boosted its stake in 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 period. Jennison Associates LLC increased its position in shares of Texas Instruments by 2,898.0% during the first quarter. Jennison Associates LLC now owns 2,214,471 shares of the semiconductor company’s stock valued at $397,940,000 after buying an additional 2,140,605 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of Texas Instruments by 117.1% in the second 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 in the last quarter. Finally, Invesco Ltd. boosted its position in shares of Texas Instruments by 14.6% in the first quarter. Invesco Ltd. now owns 13,624,568 shares of the semiconductor company’s stock valued at $2,448,335,000 after acquiring an additional 1,731,411 shares during the period. 84.99% of the stock is owned by institutional investors.

Texas Instruments Stock Performance

Shares of NASDAQ TXN opened at $181.81 on Tuesday. The stock’s 50-day moving average is $188.93 and its 200 day moving average is $185.94. The stock has a market cap of $165.29 billion, a price-to-earnings ratio of 33.30, a P/E/G ratio of 2.95 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 company has a current ratio of 5.81, a quick ratio of 3.88 and a debt-to-equity ratio of 0.86.

Texas Instruments (NASDAQ:TXNGet Free Report) last issued its quarterly earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, beating 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 net margin of 30.23% and a return on equity of 30.10%. The business’s quarterly revenue was up 16.4% on a year-over-year basis. During the same period last year, the business earned $1.17 earnings per share. 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 EPS for the current fiscal 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 paid a $1.42 dividend. This is a boost from Texas Instruments’s previous quarterly dividend of $1.36. This represents a $5.68 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Friday, October 31st. Texas Instruments’s payout ratio is presently 104.03%.

Insider Transactions at Texas Instruments

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the company’s stock in a transaction dated Monday, August 25th. The shares were 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 directly owned 38,883 shares in the company, valued at $7,984,624.05. This represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.57% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several analysts have issued reports on TXN shares. DZ Bank reiterated a “sell” rating and issued a $158.00 target price on shares of Texas Instruments in a research note on Wednesday, July 23rd. Arete began coverage on Texas Instruments in a research note on Thursday, June 26th. They set a “neutral” rating and a $203.80 price objective for the company. BNP Paribas upgraded Texas Instruments to a “strong sell” rating in a research report on Wednesday, July 23rd. Benchmark reaffirmed a “buy” rating and issued a $220.00 price target on shares of Texas Instruments in a report on Monday, September 8th. Finally, Susquehanna cut their price objective on Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a report on Tuesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, fourteen have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, Texas Instruments currently has a consensus rating of “Hold” and a consensus target price of $213.82.

Check Out Our Latest Analysis on TXN

Texas Instruments Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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