Evelyn Partners Investment Management LLP Raises Holdings in Texas Instruments Incorporated $TXN

by · The Cerbat Gem

Evelyn Partners Investment Management LLP boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 238.1% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,056 shares of the semiconductor company’s stock after buying an additional 4,969 shares during the quarter. Evelyn Partners Investment Management LLP’s holdings in Texas Instruments were worth $1,465,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Jennison Associates LLC raised its position in Texas Instruments by 35.1% in the second quarter. Jennison Associates LLC now owns 2,992,090 shares of the semiconductor company’s stock valued at $621,218,000 after purchasing an additional 777,619 shares during the period. Howard Capital Management Inc. lifted its position in Texas Instruments by 11.3% during the 2nd quarter. Howard Capital Management Inc. now owns 26,745 shares of the semiconductor company’s stock worth $5,553,000 after acquiring an additional 2,709 shares in the last quarter. Independent Advisor Alliance boosted its holdings in 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 period. Vanguard Group Inc. grew its position in Texas Instruments by 1.5% in the second quarter. Vanguard Group Inc. now owns 95,447,320 shares of the semiconductor company’s stock valued at $19,816,773,000 after acquiring an additional 1,426,360 shares in the last quarter. Finally, Los Angeles Capital Management LLC raised its stake in shares of Texas Instruments by 1,064.8% during the second quarter. Los Angeles Capital Management LLC now owns 52,146 shares of the semiconductor company’s stock valued at $10,827,000 after purchasing an additional 47,669 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, VP Ahmad Bahai sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $205.35, for a total transaction of $308,025.00. Following the completion of the transaction, the vice president owned 38,883 shares in the company, valued at $7,984,624.05. The trade was a 3.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Christine Witzsche sold 1,000 shares of the firm’s stock in a transaction 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 completion of the sale, the vice president 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. 0.57% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

TXN has been the subject of several analyst reports. Susquehanna decreased their target price on shares of Texas Instruments from $240.00 to $200.00 and set a “positive” rating for the company in a research note on Wednesday, October 22nd. Stifel Nicolaus set a $170.00 price objective on shares of Texas Instruments in a research report on Wednesday, October 22nd. Cowen reaffirmed a “buy” rating on shares of Texas Instruments in a research report on Wednesday, October 22nd. Benchmark reissued a “buy” rating on shares of Texas Instruments in a report on Wednesday, October 22nd. Finally, Bank of America lowered Texas Instruments from a “neutral” rating to an “underperform” rating and cut their target price for the company from $208.00 to $190.00 in a research report on Monday, October 13th. Two equities 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $191.67.

Check Out Our Latest Analysis on Texas Instruments

Texas Instruments Stock Performance

Shares of TXN opened at $159.40 on Friday. The stock has a market capitalization of $144.83 billion, a PE ratio of 29.14, a price-to-earnings-growth ratio of 3.05 and a beta of 1.02. The business’s fifty day moving average price is $171.43 and its 200 day moving average price is $186.97. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.45 and a quick ratio of 2.90. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $221.69.

Texas Instruments (NASDAQ:TXN – Get Free Report) last issued its earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.48. Texas Instruments had a net margin of 29.21% and a return on equity of 30.41%. The company had revenue of $4.74 billion for the quarter, compared to analysts’ expectations of $4.65 billion. During the same period in the prior year, the company earned $1.44 earnings per share. The firm’s 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. Equities research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st were paid a $1.42 dividend. 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 yield of 3.6%. Texas Instruments’s payout ratio is presently 103.84%.

About Texas Instruments

(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.

Further Reading

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).