From Yahoo Finance: 2025-05-07 10:10:00
Mairs & Power released their first quarter 2025 investor letter, noting a record high in the stock market in February but a decline in March due to tariff uncertainty. The Mairs & Power Balanced Fund ended the quarter up 0.04%, outperforming benchmark indexes and the Morningstar Moderate Allocation peer group.
In the letter, Mairs & Power highlighted Texas Instruments Incorporated (NASDAQ: TXN), a semiconductor manufacturer. Texas Instruments’ one-month return was -4.96%, with shares losing 12.43% over the past 52 weeks. On May 6, 2025, Texas Instruments’ stock closed at $161.09 per share with a $146.35 billion market capitalization.
Mairs & Power emphasized their preference for stable cash flow companies like Texas Instruments in their Q1 2025 letter. Overweight investments in Texas Instruments and Motorola Solutions contributed to relative returns. Texas Instruments has been investing in U.S.-based semiconductor manufacturing facilities, focusing on domestic facilities and addressing general industrial market weaknesses.
Texas Instruments Incorporated (NASDAQ: TXN) reported $4.1 billion in revenue in Q1 2025, a 2% sequential and 11% year-over-year increase. 66 hedge fund portfolios held Texas Instruments at the end of the fourth quarter. While Texas Instruments shows promise, some believe AI stocks offer greater potential returns in a shorter timeframe, with NVIDIA being a notable example.
Read more: Texas Instruments (TXN) Outperformed Amid Sector Weakness and Strategic Investments