PNC Financial Services Group Inc. Sells 15,422 Shares of Texas Instruments Incorporated $TXN

PNC Financial Services Group Inc. lessened its position in Texas Instruments Incorporated (NASDAQ:TXN) by 1.2% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 1,273,286 shares of the semiconductor company’s stock after selling 15,422 shares during the period. PNC Financial Services Group Inc.’s holdings in Texas Instruments were worth $264,360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Woodmont Investment Counsel LLC lifted its position in shares of Texas Instruments by 2.9% during the 2nd quarter. Woodmont Investment Counsel LLC now owns 1,650 shares of the semiconductor company’s stock worth $343,000 after purchasing an additional 47 shares during the last quarter. Confluence Wealth Services Inc. increased its position in Texas Instruments by 0.4% in the 2nd quarter. Confluence Wealth Services Inc. now owns 10,996 shares of the semiconductor company’s stock worth $2,283,000 after buying an additional 48 shares during the period. Acropolis Investment Management LLC lifted its holdings in shares of Texas Instruments by 2.9% during the second quarter. Acropolis Investment Management LLC now owns 1,875 shares of the semiconductor company’s stock worth $389,000 after buying an additional 52 shares during the last quarter. Proathlete Wealth Management LLC boosted its position in shares of Texas Instruments by 1.4% in the second quarter. Proathlete Wealth Management LLC now owns 3,747 shares of the semiconductor company’s stock valued at $782,000 after acquiring an additional 53 shares during the period. Finally, Trivium Point Advisory LLC boosted its position in shares of Texas Instruments by 4.5% in the first quarter. Trivium Point Advisory LLC now owns 1,256 shares of the semiconductor company’s stock valued at $226,000 after acquiring an additional 54 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Wells Fargo & Company cut their target price on shares of Texas Instruments from $195.00 to $170.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 22nd. Benchmark reissued a “buy” rating on shares of Texas Instruments in a research report on Wednesday, October 22nd. DZ Bank reiterated a “sell” rating and issued a $158.00 price objective on shares of Texas Instruments in a research report on Wednesday, July 23rd. TD Cowen decreased their price target on shares of Texas Instruments from $210.00 to $200.00 and set a “buy” rating on the stock in a research note on Wednesday, October 22nd. Finally, The Goldman Sachs Group decreased their price target on Texas Instruments from $230.00 to $200.00 and set a “buy” rating on the stock in a research note on Wednesday, October 22nd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have issued a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $191.67.

Texas Instruments Price Performance

Shares of TXN stock opened at $159.73 on Wednesday. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $221.69. The stock has a market capitalization of $145.13 billion, a PE ratio of 29.20, a PEG ratio of 3.05 and a beta of 1.02. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.90 and a current ratio of 4.45. The stock’s fifty day moving average is $175.95 and its 200-day moving average is $187.50.

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

Texas Instruments Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st will be issued a dividend of $1.42 per share. The ex-dividend date of this dividend is Friday, October 31st. This represents a $5.68 dividend on an annualized basis and a yield of 3.6%. This is a boost from Texas Instruments’s previous quarterly dividend of $1.36. Texas Instruments’s dividend payout ratio (DPR) is presently 103.84%.

Insider Activity at Texas Instruments

In other news, VP Ahmad Bahai sold 1,500 shares of the stock in a transaction on Monday, August 25th. The stock was sold at an average price of $205.35, for a total value of $308,025.00. Following the transaction, the vice president 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 document filed with the SEC, which is available through this hyperlink. Insiders own 0.57% of the company’s stock.

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.