Cresset Asset Management LLC Reduces Position in Texas Instruments Incorporated $TXN

Cresset Asset Management LLC decreased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.3% during the second quarter, HoldingsChannel reports. The institutional investor owned 219,812 shares of the semiconductor company’s stock after selling 2,950 shares during the period. Cresset Asset Management LLC’s holdings in Texas Instruments were worth $45,637,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of TXN. Vanguard Group Inc. grew its position in Texas Instruments by 1.5% in the 2nd 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 during the last quarter. Geode Capital Management LLC boosted its stake in shares of Texas Instruments by 1.3% during the second quarter. Geode Capital Management LLC now owns 22,224,770 shares of the semiconductor company’s stock valued at $4,595,478,000 after purchasing an additional 279,755 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Texas Instruments by 2.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 21,915,824 shares of the semiconductor company’s stock worth $3,938,274,000 after purchasing an additional 428,356 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Texas Instruments by 3.3% in the second quarter. Invesco Ltd. now owns 14,068,306 shares of the semiconductor company’s stock worth $2,920,862,000 after purchasing an additional 443,738 shares during the last quarter. Finally, Norges Bank purchased a new position in Texas Instruments in the 2nd quarter worth about $2,836,310,000. 84.99% of the stock is owned by institutional investors.

Texas Instruments Stock Performance

Shares of NASDAQ:TXN opened at $180.12 on Friday. The firm has a 50 day moving average of $169.50 and a 200 day moving average of $186.45. The company has a quick ratio of 2.90, a current ratio of 4.45 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $163.66 billion, a price-to-earnings ratio of 32.93, a price-to-earnings-growth ratio of 3.24 and a beta of 1.01. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $221.69.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates 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 return on equity of 30.41% and a net margin of 29.21%.The business’s revenue was up 14.2% compared to the same quarter last year. During the same period last year, the business posted $1.44 EPS. Texas Instruments has set its Q4 2025 guidance at 1.130-1.390 EPS. On average, sell-side analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Bank of America cut shares of Texas Instruments from a “neutral” rating to an “underperform” rating and lowered their price objective for the company from $208.00 to $190.00 in a research report on Monday, October 13th. JPMorgan Chase & Co. lowered their price target on Texas Instruments from $225.00 to $210.00 and set an “overweight” rating for the company in a report on Wednesday, October 22nd. Cantor Fitzgerald dropped their price objective on Texas Instruments from $200.00 to $170.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 22nd. Citigroup decreased their target price 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. Finally, TD Cowen lowered their target price on Texas Instruments from $210.00 to $200.00 and set a “buy” rating for the company in a report on Wednesday, October 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have given a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat.com, Texas Instruments presently has a consensus rating of “Hold” and an average target price of $191.67.

Insider Activity

In related news, VP Christine Witzsche sold 1,000 shares of the stock in a transaction that occurred 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 owned 20,821 shares of the company’s stock, valued at $3,421,098.51. This represents a 4.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Ronald Kirk sold 9,990 shares of the firm’s stock in a transaction that occurred on 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 sale, the director 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 disclosure for this sale is available in the SEC filing. Corporate insiders own 0.57% of the company’s stock.

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.