Aviva PLC cut its stake in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 14.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 689,985 shares of the semiconductor company’s stock after selling 112,071 shares during the period. Aviva PLC’s holdings in Texas Instruments were worth $143,255,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors also recently modified their holdings of the company. Woodmont Investment Counsel LLC lifted its position in 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. increased its stake in shares of Texas Instruments by 0.4% in the second 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 period. Acropolis Investment Management LLC increased its stake in shares of Texas Instruments by 2.9% in the second 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 period. Proathlete Wealth Management LLC raised its holdings in shares of Texas Instruments by 1.4% during the second quarter. Proathlete Wealth Management LLC now owns 3,747 shares of the semiconductor company’s stock valued at $782,000 after buying an additional 53 shares during the last quarter. Finally, Trivium Point Advisory LLC raised its holdings in shares of Texas Instruments by 4.5% during the first quarter. Trivium Point Advisory LLC now owns 1,256 shares of the semiconductor company’s stock valued at $226,000 after buying an additional 54 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.
Insider Activity
In related news, VP Ahmad Bahai sold 1,500 shares of the firm’s stock in a transaction that occurred on 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 approximately $7,984,624.05. This trade represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.57% of the stock is owned by company insiders.
Texas Instruments Stock Performance
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 (EPS) for the quarter, hitting the consensus estimate of $1.48. Texas Instruments had a return on equity of 30.41% and a net margin of 29.21%.The firm had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.65 billion. During the same quarter in the previous year, the company earned $1.44 EPS. The business’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. As a group, equities analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.
Texas Instruments Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 12th. Investors of record on Friday, October 31st will be paid a $1.42 dividend. The ex-dividend date of this dividend is Friday, October 31st. This represents a $5.68 annualized dividend and a yield of 3.5%. This is an increase from Texas Instruments’s previous quarterly dividend of $1.36. Texas Instruments’s dividend payout ratio (DPR) is currently 103.84%.
Analyst Upgrades and Downgrades
TXN has been the topic of several analyst reports. UBS Group set a $245.00 target price on Texas Instruments and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Robert W. Baird set a $195.00 price target on Texas Instruments and gave the company an “outperform” rating in a report on Wednesday, October 22nd. BNP Paribas upgraded shares of Texas Instruments to a “strong sell” rating in a research note on Wednesday, July 23rd. Benchmark reiterated a “buy” rating on shares of Texas Instruments in a research report on Wednesday, October 22nd. Finally, The Goldman Sachs Group dropped their price target on shares of Texas Instruments from $230.00 to $200.00 and set a “buy” rating on the stock in a research report on Wednesday, October 22nd. Two research 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 issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $191.67.
View Our Latest Analysis on TXN
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.
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