Assenagon Asset Management S.A. Trims Position in Texas Instruments Incorporated $TXN

Assenagon Asset Management S.A. decreased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 16.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,919,181 shares of the semiconductor company’s stock after selling 581,293 shares during the quarter. Texas Instruments comprises about 0.7% of Assenagon Asset Management S.A.’s investment portfolio, making the stock its 20th biggest position. Assenagon Asset Management S.A. owned about 0.32% of Texas Instruments worth $536,341,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Strategic Wealth Investment Group LLC acquired a new stake in Texas Instruments in the 2nd quarter worth about $25,000. CBIZ Investment Advisory Services LLC lifted its holdings in shares of Texas Instruments by 67.6% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 75 shares during the period. LGT Financial Advisors LLC boosted its holdings in shares of Texas Instruments by 328.9% in the 2nd quarter. LGT Financial Advisors LLC now owns 193 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 148 shares during the last quarter. Mid American Wealth Advisory Group Inc. acquired a new position in Texas Instruments in the second quarter valued at $40,000. Finally, Clal Insurance Enterprises Holdings Ltd grew its position in Texas Instruments by 69.9% during the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 192 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 79 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TXN has been the topic of several research analyst reports. Bank of America lowered Texas Instruments from a “neutral” rating to an “underperform” rating and reduced their price objective for the company from $208.00 to $190.00 in a research note on Monday, October 13th. Weiss Ratings restated a “hold (c+)” rating on shares of Texas Instruments in a report on Monday. The Goldman Sachs Group downgraded Texas Instruments from a “buy” rating to a “sell” rating and lowered their price target for the company from $200.00 to $156.00 in a report on Monday. Rosenblatt Securities reduced their price objective on Texas Instruments from $245.00 to $200.00 and set a “buy” rating on the stock in a research note on Wednesday, October 22nd. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $190.00 target price on shares of Texas Instruments in a research note on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have given a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $190.58.

Texas Instruments Stock Performance

NASDAQ:TXN opened at $177.56 on Wednesday. The firm has a 50-day moving average of $169.26 and a two-hundred day moving average of $186.35. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.45 and a quick ratio of 2.90. The stock has a market cap of $161.33 billion, a P/E ratio of 32.46, a PEG ratio of 3.16 and a beta of 1.01. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $221.69.

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

Texas Instruments Increases Dividend

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

Insider Buying and Selling

In related news, Director Ronald Kirk sold 9,990 shares of Texas Instruments stock in a transaction on 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 owned 14,937 shares in the company, valued at approximately $2,424,723.21. The trade was a 40.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Christine Witzsche sold 1,000 shares of the company’s stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $164.31, for a total transaction of $164,310.00. Following the completion of the sale, the vice president directly owned 20,821 shares in the company, valued at $3,421,098.51. This represents a 4.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.57% of the stock is currently owned by company insiders.

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.