Summit Asset Management LLC bought a new position in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,813 shares of the semiconductor company’s stock, valued at approximately $540,000.
A number of other hedge funds also recently bought and sold shares of TXN. Strategic Wealth Investment Group LLC bought a new stake in shares of Texas Instruments in the 2nd quarter worth approximately $25,000. High Point Wealth Management LLC bought a new position in shares of Texas Instruments during the fourth quarter valued at approximately $25,000. Advocate Investing Services LLC bought a new position in shares of Texas Instruments during the fourth quarter valued at approximately $25,000. Ares Financial Consulting LLC purchased a new stake in Texas Instruments in the fourth quarter worth $26,000. Finally, Quattro Advisors LLC bought a new stake in Texas Instruments in the fourth quarter valued at $27,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.
Analyst Ratings Changes
TXN has been the subject of several research reports. Jefferies Financial Group upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a report on Friday, May 22nd. Mizuho boosted their price target on shares of Texas Instruments from $300.00 to $305.00 and gave the company a “neutral” rating in a research report on Thursday, July 23rd. Bank of America increased their price target on shares of Texas Instruments from $320.00 to $370.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Weiss Ratings upgraded shares of Texas Instruments from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, July 28th. Finally, Truist Financial lifted their price objective on Texas Instruments from $278.00 to $300.00 and gave the company a “hold” rating in a research report on Thursday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, Texas Instruments has a consensus rating of “Moderate Buy” and a consensus target price of $312.12.
Texas Instruments Trading Up 2.2%
Texas Instruments stock opened at $279.58 on Friday. Texas Instruments Incorporated has a 12 month low of $152.73 and a 12 month high of $334.03. The company has a market capitalization of $255.33 billion, a price-to-earnings ratio of 42.55, a price-to-earnings-growth ratio of 1.10 and a beta of 1.33. The business’s fifty day simple moving average is $292.66 and its two-hundred day simple moving average is $256.59. The company has a current ratio of 4.86, a quick ratio of 3.44 and a debt-to-equity ratio of 0.72.
Texas Instruments (NASDAQ:TXN – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share for the quarter, beating the consensus estimate of $1.91 by $0.23. The firm had revenue of $5.46 billion during the quarter, compared to the consensus estimate of $5.26 billion. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%.The company’s revenue was up 22.8% on a year-over-year basis. During the same period last year, the company earned $1.41 earnings per share. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, equities analysts predict that Texas Instruments Incorporated will post 8.42 earnings per share for the current fiscal year.
Texas Instruments Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st were paid a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Friday, July 31st. Texas Instruments’s dividend payout ratio (DPR) is currently 86.45%.
About Texas Instruments
Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.
TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.
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