Howard Capital Management Inc. raised its stake in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 11.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,745 shares of the semiconductor company’s stock after acquiring an additional 2,709 shares during the period. Howard Capital Management Inc.’s holdings in Texas Instruments were worth $5,553,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Nuveen LLC purchased a new position in shares of Texas Instruments during the first quarter valued at about $711,387,000. Price T Rowe Associates Inc. MD boosted its stake in Texas Instruments by 20.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 13,197,863 shares of the semiconductor company’s stock valued at $2,371,657,000 after buying an additional 2,257,086 shares during the last quarter. Jennison Associates LLC grew its holdings in Texas Instruments by 2,898.0% during the 1st 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 in the last quarter. Assenagon Asset Management S.A. increased its stake in Texas Instruments by 117.1% in the 2nd quarter. Assenagon Asset Management S.A. now owns 3,500,474 shares of the semiconductor company’s stock worth $726,768,000 after acquiring an additional 1,888,354 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in shares of 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 acquiring an additional 1,731,411 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the stock. Cantor Fitzgerald cut their target price on shares of Texas Instruments from $200.00 to $170.00 and set a “neutral” rating for the company in a report on Wednesday, October 22nd. Citigroup lowered their price objective on shares of Texas Instruments from $260.00 to $235.00 and set a “buy” rating for the company in a research report on Thursday, October 16th. KeyCorp boosted their target price on shares of Texas Instruments from $215.00 to $240.00 and gave the stock an “overweight” rating in a report on Tuesday, July 8th. Seaport Res Ptn raised shares of Texas Instruments from a “strong sell” rating to a “hold” rating in a report on Monday, July 21st. Finally, Rosenblatt Securities dropped their price target on Texas Instruments from $245.00 to $200.00 and set a “buy” rating for the company in a research report on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have given a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $191.67.
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 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 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 legal filing with the SEC, which is available through this hyperlink. 0.57% of the stock is currently owned by insiders.
Texas Instruments Price Performance
Texas Instruments stock opened at $169.41 on Tuesday. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $221.69. The company has a current ratio of 4.45, a quick ratio of 2.90 and a debt-to-equity ratio of 0.81. The firm has a 50-day moving average price of $185.03 and a 200-day moving average price of $186.50. The firm has a market capitalization of $154.02 billion, a PE ratio of 30.97, a price-to-earnings-growth ratio of 3.22 and a beta of 1.01.
Texas Instruments (NASDAQ:TXN – Get Free Report) last posted its quarterly earnings data on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.48. The company had revenue of $4.74 billion for 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%. The firm’s revenue for the quarter was up 14.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.44 EPS. Texas Instruments has set its Q4 2025 guidance at 1.130-1.390 EPS. As a group, equities research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.
Texas Instruments Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 12th. Investors of record on Friday, October 31st will be paid a dividend of $1.42 per share. The ex-dividend date of this dividend is Friday, October 31st. This represents a $5.68 dividend on an annualized basis and a dividend yield of 3.4%. This is an increase from Texas Instruments’s previous quarterly dividend of $1.36. Texas Instruments’s dividend payout ratio is 103.84%.
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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