The Manufacturers Life Insurance Company Sells 113,958 Shares of Texas Instruments Incorporated $TXN

by · The Markets Daily

The Manufacturers Life Insurance Company reduced its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 3.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,240,855 shares of the semiconductor company’s stock after selling 113,958 shares during the period. The Manufacturers Life Insurance Company owned 0.36% of Texas Instruments worth $672,866,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in TXN. Dagco Inc. acquired a new stake in Texas Instruments in the 1st quarter worth approximately $32,000. CBIZ Investment Advisory Services LLC grew its holdings in Texas Instruments by 67.6% during the first quarter. CBIZ Investment Advisory Services LLC now owns 186 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 75 shares during the last quarter. LGT Financial Advisors LLC raised its position in shares of Texas Instruments by 328.9% in the second 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 period. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Texas Instruments in the second quarter worth $40,000. Finally, Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Texas Instruments by 69.9% during the 2nd quarter. Clal Insurance Enterprises Holdings Ltd now owns 192 shares of the semiconductor company’s stock worth $40,000 after buying an additional 79 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Stock Performance

Shares of NASDAQ TXN opened at $181.67 on Thursday. The firm has a market capitalization of $165.07 billion, a price-to-earnings ratio of 33.21, a PEG ratio of 3.19 and a beta of 1.01. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $221.69. The business has a fifty day simple moving average of $169.35 and a 200 day simple moving average of $186.40. The company has a current ratio of 4.45, a quick ratio of 2.90 and a debt-to-equity ratio of 0.81.

Texas Instruments (NASDAQ:TXN – Get Free Report) last announced its quarterly earnings results 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 net margin of 29.21% and a return on equity of 30.41%. The firm had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.65 billion. During the same quarter in the previous year, the firm posted $1.44 EPS. The business’s revenue for the quarter was up 14.2% on a year-over-year basis. Texas Instruments has set its Q4 2025 guidance at 1.130-1.390 EPS. Sell-side analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 12th. Investors of record on Friday, October 31st were given a $1.42 dividend. This represents a $5.68 annualized dividend and a yield of 3.1%. This is a boost from Texas Instruments’s previous quarterly dividend of $1.36. The ex-dividend date of this dividend was Friday, October 31st. Texas Instruments’s dividend payout ratio (DPR) is currently 103.84%.

Insider Activity

In other Texas Instruments news, Director Ronald Kirk sold 9,990 shares of the firm’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $162.33, for a total transaction of $1,621,676.70. Following the completion of the transaction, the director 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 is available at this link. Also, VP Christine Witzsche sold 1,000 shares of Texas Instruments stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $164.31, for a total value of $164,310.00. Following the sale, the vice president directly owned 20,821 shares in the company, valued at $3,421,098.51. The trade was a 4.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.57% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on TXN. Cowen reiterated a “buy” rating on shares of Texas Instruments in a report on Wednesday, October 22nd. UBS Group set a $245.00 price target on Texas Instruments and gave the company a “buy” rating in a research report on Wednesday, October 22nd. TD Cowen dropped their price objective on Texas Instruments from $210.00 to $200.00 and set a “buy” rating on the stock in a research note on Wednesday, October 22nd. Benchmark restated a “buy” rating on shares of Texas Instruments in a research note on Wednesday, October 22nd. Finally, Stifel Nicolaus set a $170.00 target price on Texas Instruments in a report on Wednesday, October 22nd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have assigned a Hold rating and six have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $191.67.

Get Our Latest Analysis on TXN

Texas Instruments Company Profile

(Free Report)

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.

See Also

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