Harfst & Associates Inc. Decreases Stake in Texas Instruments Incorporated $TXN

Harfst & Associates Inc. trimmed its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 8.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,708 shares of the semiconductor company’s stock after selling 1,146 shares during the quarter. Texas Instruments accounts for about 0.5% of Harfst & Associates Inc.’s investment portfolio, making the stock its 27th biggest position. Harfst & Associates Inc.’s holdings in Texas Instruments were worth $2,638,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Woodmont Investment Counsel LLC raised its holdings in Texas Instruments by 2.9% in the second quarter. Woodmont Investment Counsel LLC now owns 1,650 shares of the semiconductor company’s stock valued at $343,000 after acquiring an additional 47 shares in the last quarter. Confluence Wealth Services Inc. grew its holdings in shares of Texas Instruments by 0.4% during 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 last quarter. Acropolis Investment Management LLC boosted its stake in Texas Instruments by 2.9% during 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 period. Proathlete Wealth Management LLC grew its holdings in Texas Instruments by 1.4% in the 2nd quarter. Proathlete Wealth Management LLC now owns 3,747 shares of the semiconductor company’s stock worth $782,000 after buying an additional 53 shares in the last quarter. Finally, Trivium Point Advisory LLC increased 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 purchasing an additional 54 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Trading Up 2.2%

Shares of Texas Instruments stock opened at $165.35 on Thursday. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $221.69. The stock has a market capitalization of $150.24 billion, a P/E ratio of 30.23, a price-to-earnings-growth ratio of 3.05 and a beta of 1.02. The company has a 50-day simple moving average of $170.48 and a 200 day simple moving average of $187.05. The company has a quick ratio of 2.90, a current ratio of 4.45 and a debt-to-equity ratio of 0.81.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 EPS for the quarter, meeting analysts’ consensus estimates of $1.48. The firm 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 company’s revenue for the quarter 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. Research analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st were given a dividend of $1.42 per share. The ex-dividend date was Friday, October 31st. This is an increase from Texas Instruments’s previous quarterly dividend of $1.36. This represents a $5.68 dividend on an annualized basis and a dividend yield of 3.4%. Texas Instruments’s dividend payout ratio is presently 103.84%.

Insider Activity

In related news, Director Ronald Kirk sold 9,990 shares of Texas Instruments stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $162.33, for a total value of $1,621,676.70. Following the completion of the sale, the director directly owned 14,937 shares in the company, valued at $2,424,723.21. This trade represents a 40.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Christine Witzsche sold 1,000 shares of the company’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $164.31, for a total transaction of $164,310.00. Following the transaction, the vice president owned 20,821 shares in the company, valued at approximately $3,421,098.51. The trade was a 4.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.57% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

TXN has been the topic of several research analyst reports. The Goldman Sachs Group lowered their price target on Texas Instruments from $230.00 to $200.00 and set a “buy” rating on the stock in a research report on Wednesday, October 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Texas Instruments in a research report on Monday. Cantor Fitzgerald lowered their price objective on shares of Texas Instruments from $200.00 to $170.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 22nd. Wells Fargo & Company decreased their price objective on shares of Texas Instruments from $195.00 to $170.00 and set an “equal weight” rating for the company in a report on Wednesday, October 22nd. Finally, Stifel Nicolaus set a $170.00 target price on Texas Instruments in a report on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have issued a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus 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.