Axxcess Wealth Management LLC boosted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 14.2% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 13,730 shares of the semiconductor company’s stock after buying an additional 1,708 shares during the period. Axxcess Wealth Management LLC’s holdings in Texas Instruments were worth $2,851,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Kestra Private Wealth Services LLC lifted its holdings 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 worth $11,462,000 after acquiring an additional 6,267 shares during the last quarter. Independent Advisor Alliance lifted its holdings 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 worth $4,795,000 after acquiring an additional 1,232 shares during the last quarter. Baron Silver Stevens Financial Advisors LLC bought a new stake in shares of Texas Instruments in the 2nd quarter worth about $326,000. Farther Finance Advisors LLC lifted its holdings in shares of Texas Instruments by 34.4% in the 2nd quarter. Farther Finance Advisors LLC now owns 16,363 shares of the semiconductor company’s stock worth $3,397,000 after acquiring an additional 4,191 shares during the last quarter. Finally, Generate Investment Management Ltd lifted its holdings in shares of Texas Instruments by 40.0% in the 2nd quarter. Generate Investment Management Ltd now owns 87,796 shares of the semiconductor company’s stock worth $18,228,000 after acquiring an additional 25,105 shares during the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.
Texas Instruments Trading Down 0.7%
NASDAQ TXN opened at $173.94 on Wednesday. The company has a quick ratio of 3.88, a current ratio of 5.81 and a debt-to-equity ratio of 0.86. The firm has a market cap of $158.14 billion, a PE ratio of 31.86, a price-to-earnings-growth ratio of 2.86 and a beta of 1.01. The company has a 50 day moving average price of $187.88 and a 200 day moving average price of $185.67. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $221.69.
Texas Instruments Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st will be issued a $1.42 dividend. This is an increase from Texas Instruments’s previous quarterly dividend of $1.36. The ex-dividend date of this dividend is Friday, October 31st. This represents a $5.68 annualized dividend and a dividend yield of 3.3%. Texas Instruments’s payout ratio is currently 99.63%.
Insider Activity at Texas Instruments
In other news, VP Ahmad Bahai sold 1,500 shares of the company’s stock in a transaction on Monday, August 25th. The shares were 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 of the company’s stock, valued at $7,984,624.05. This represents a 3.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.57% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
TXN has been the subject of several analyst reports. Seaport Res Ptn upgraded shares of Texas Instruments from a “strong sell” rating to a “hold” rating in a report on Monday, July 21st. Cowen restated a “hold” rating on shares of Texas Instruments in a report on Wednesday, June 25th. Stifel Nicolaus raised their target price on shares of Texas Instruments from $160.00 to $192.00 and gave the stock a “hold” rating in a report on Friday, July 18th. BNP Paribas upgraded shares of Texas Instruments to a “strong sell” rating in a report on Wednesday, July 23rd. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $245.00 price objective on shares of Texas Instruments in a report on Wednesday, July 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have issued a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $213.03.
Get Our Latest Analysis on TXN
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.
Read More
- Five stocks we like better than Texas Instruments
- When to Sell a Stock for Profit or Loss
- After Gold Blast Soars Past $4,000, BofA Eyes $5,000 in 2026
- Transportation Stocks Investing
- Buyback Boom: 3 Companies Betting Big on Themselves
- Stock Sentiment Analysis: How it Works
- Analysts Flock to Upgrade DELL After Big AI-Server Guidance Boost
Want to see what other hedge funds are holding TXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Instruments Incorporated (NASDAQ:TXN – Free Report).
Receive News & Ratings for Texas Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments and related companies with MarketBeat.com's FREE daily email newsletter.