Pinnacle Associates Ltd. Grows Position in Texas Instruments Incorporated $TXN

Pinnacle Associates Ltd. increased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 2.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 37,670 shares of the semiconductor company’s stock after buying an additional 811 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Texas Instruments were worth $7,821,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Woodmont Investment Counsel LLC grew its stake in shares of Texas Instruments by 2.9% in the 2nd quarter. Woodmont Investment Counsel LLC now owns 1,650 shares of the semiconductor company’s stock valued at $343,000 after purchasing an additional 47 shares during the last quarter. Confluence Wealth Services Inc. grew its stake in shares of Texas Instruments by 0.4% in the 2nd quarter. Confluence Wealth Services Inc. now owns 10,996 shares of the semiconductor company’s stock valued at $2,283,000 after purchasing an additional 48 shares during the last quarter. Acropolis Investment Management LLC grew its stake in shares of Texas Instruments by 2.9% in the 2nd quarter. Acropolis Investment Management LLC now owns 1,875 shares of the semiconductor company’s stock valued at $389,000 after purchasing an additional 52 shares during the last quarter. Proathlete Wealth Management LLC grew its stake in shares of Texas Instruments by 1.4% in the 2nd quarter. Proathlete Wealth Management LLC now owns 3,747 shares of the semiconductor company’s stock valued at $782,000 after purchasing an additional 53 shares during the last quarter. Finally, Trivium Point Advisory LLC grew its stake in shares of Texas Instruments by 4.5% in the 1st quarter. Trivium Point Advisory LLC now owns 1,256 shares of the semiconductor company’s stock valued at $226,000 after purchasing an additional 54 shares during the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Texas Instruments Stock Up 0.6%

TXN opened at $161.46 on Friday. The business’s fifty day moving average is $181.95 and its two-hundred day moving average is $186.55. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.90 and a current ratio of 4.45. The company has a market cap of $146.71 billion, a price-to-earnings ratio of 29.52, a PEG ratio of 3.05 and a beta of 1.01. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $221.69.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 EPS for the quarter, hitting analysts’ consensus estimates of $1.48. The company had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.65 billion. Texas Instruments had a return on equity of 30.41% and a net margin of 29.21%.Texas Instruments’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.44 earnings per share. Texas Instruments has set its Q4 2025 guidance at 1.130-1.390 EPS. Analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st will be given a dividend of $1.42 per share. The ex-dividend date is Friday, October 31st. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.36. This represents a $5.68 dividend on an annualized basis and a yield of 3.5%. Texas Instruments’s dividend payout ratio (DPR) is presently 103.84%.

Insider Activity

In other 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 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.57% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. 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 note on Monday, July 28th. Citigroup decreased their price target on Texas Instruments from $260.00 to $235.00 and set a “buy” rating on the stock in a research note on Thursday, October 16th. DZ Bank reaffirmed a “sell” rating and set a $158.00 price objective on shares of Texas Instruments in a report on Wednesday, July 23rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Texas Instruments in a report on Wednesday, October 8th. Finally, Seaport Res Ptn raised Texas Instruments from a “strong sell” rating to a “hold” rating in a report on Monday, July 21st. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have given a Hold rating and six have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $191.67.

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.