Huntington National Bank Cuts Holdings in Texas Instruments Incorporated $TXN

Huntington National Bank cut its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 2.8% during the 2nd quarter, Holdings Channel reports. The firm owned 227,051 shares of the semiconductor company’s stock after selling 6,513 shares during the quarter. Huntington National Bank’s holdings in Texas Instruments were worth $47,140,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kestra Private Wealth Services LLC boosted its stake in shares of Texas Instruments by 10.9% in the 1st quarter. Kestra Private Wealth Services LLC now owns 63,786 shares of the semiconductor company’s stock valued at $11,462,000 after purchasing an additional 6,267 shares in the last quarter. Jennison Associates LLC boosted its stake in shares of Texas Instruments by 35.1% in the 2nd quarter. Jennison Associates LLC now owns 2,992,090 shares of the semiconductor company’s stock valued at $621,218,000 after purchasing an additional 777,619 shares in the last quarter. Howard Capital Management Inc. boosted its stake in shares of Texas Instruments by 11.3% in the 2nd quarter. Howard Capital Management Inc. now owns 26,745 shares of the semiconductor company’s stock valued at $5,553,000 after purchasing an additional 2,709 shares in the last quarter. Independent Advisor Alliance boosted its stake in shares of Texas Instruments by 4.8% in the 1st quarter. Independent Advisor Alliance now owns 26,684 shares of the semiconductor company’s stock valued at $4,795,000 after purchasing an additional 1,232 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC purchased a new stake in shares of Texas Instruments in the 2nd quarter valued at $326,000. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Texas Instruments

In other news, VP Ahmad Bahai sold 1,500 shares of the firm’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $205.35, for a total value of $308,025.00. Following the completion of the sale, the vice president directly owned 38,883 shares of the company’s stock, valued at approximately $7,984,624.05. This trade represents a 3.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.57% of the company’s stock.

Texas Instruments Stock Performance

Shares of TXN opened at $161.46 on Tuesday. The stock has a market capitalization of $146.71 billion, a P/E ratio of 29.52, a PEG ratio of 3.05 and a beta of 1.01. The company has a quick ratio of 2.90, a current ratio of 4.45 and a debt-to-equity ratio of 0.81. The firm has a fifty day simple moving average of $181.06 and a two-hundred day simple moving average of $187.17. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $221.69.

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

Texas Instruments Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st will be given a $1.42 dividend. The ex-dividend date of this dividend is Friday, October 31st. This represents a $5.68 annualized dividend and a dividend yield of 3.5%. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.36. Texas Instruments’s dividend payout ratio is 103.84%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. DZ Bank reaffirmed a “sell” rating and issued a $158.00 price objective on shares of Texas Instruments in a research note on Wednesday, July 23rd. Stifel Nicolaus set a $170.00 price objective on shares of Texas Instruments in a research note on Wednesday, October 22nd. BNP Paribas raised shares of Texas Instruments to a “strong sell” rating in a research note on Wednesday, July 23rd. Robert W. Baird set a $195.00 price target on shares of Texas Instruments and gave the company an “outperform” rating in a research report on Wednesday, October 22nd. Finally, Cantor Fitzgerald dropped their price target on shares of Texas Instruments from $200.00 to $170.00 and set a “neutral” rating for the company in a research report on Wednesday, October 22nd. Two 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. According to MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and a consensus price target of $191.67.

Texas Instruments 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.