Axa S.A. Decreases Stake in Texas Instruments Incorporated $TXN

Axa S.A. lessened its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 43.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 192,426 shares of the semiconductor company’s stock after selling 145,867 shares during the period. Axa S.A.’s holdings in Texas Instruments were worth $39,951,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of TXN. Vanguard Group Inc. lifted its position in Texas Instruments by 1.5% during the second quarter. Vanguard Group Inc. now owns 95,447,320 shares of the semiconductor company’s stock worth $19,816,773,000 after buying an additional 1,426,360 shares in the last quarter. State Street Corp increased its stake in shares of Texas Instruments by 2.6% in the 2nd quarter. State Street Corp now owns 43,325,014 shares of the semiconductor company’s stock worth $8,995,139,000 after acquiring an additional 1,084,364 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Texas Instruments by 1.3% during the 2nd quarter. Geode Capital Management LLC now owns 22,224,770 shares of the semiconductor company’s stock worth $4,595,478,000 after acquiring an additional 279,755 shares during the period. Invesco Ltd. raised its holdings in shares of Texas Instruments by 3.3% during the 2nd quarter. Invesco Ltd. now owns 14,068,306 shares of the semiconductor company’s stock worth $2,920,862,000 after acquiring an additional 443,738 shares during the period. Finally, Norges Bank acquired a new position in shares of Texas Instruments during the 2nd quarter valued at about $2,836,310,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on TXN shares. Truist Financial reduced their target price on shares of Texas Instruments from $196.00 to $175.00 and set a “hold” rating on the stock in a research note on Wednesday, October 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Texas Instruments in a research report on Monday, December 1st. Citigroup lowered their price objective on Texas Instruments from $260.00 to $235.00 and set a “buy” rating for the company in a research report on Thursday, October 16th. Benchmark reissued a “buy” rating on shares of Texas Instruments in a research note on Wednesday, October 22nd. Finally, JPMorgan Chase & Co. decreased their price target on Texas Instruments from $225.00 to $210.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have issued a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat.com, Texas Instruments presently has a consensus rating of “Hold” and an average price target of $191.67.

Insider Activity at Texas Instruments

In other Texas Instruments news, VP Christine Witzsche sold 1,000 shares of the firm’s stock in a transaction dated Thursday, November 13th. The stock was 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 of the company’s stock, valued at approximately $3,421,098.51. This trade represents a 4.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Ronald Kirk sold 9,990 shares of the company’s stock in a transaction dated Monday, November 24th. The shares were 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 of the company’s stock, valued at approximately $2,424,723.21. This trade represents a 40.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.57% of the stock is owned by corporate insiders.

Texas Instruments Stock Down 0.8%

NASDAQ:TXN opened at $179.52 on Wednesday. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $221.69. The stock’s fifty day moving average is $169.33 and its two-hundred day moving average is $186.43. The stock has a market capitalization of $163.12 billion, a price-to-earnings ratio of 32.82, a price-to-earnings-growth ratio of 3.21 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.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share (EPS) for the quarter, meeting 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 business earned $1.44 EPS. The company’s quarterly revenue 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. Research analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 12th. Investors of record on Friday, October 31st were issued a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a dividend yield of 3.2%. This is an increase from Texas Instruments’s previous quarterly dividend of $1.36. The ex-dividend date was Friday, October 31st. Texas Instruments’s dividend payout ratio (DPR) is presently 103.84%.

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.