Texas Instruments Incorporated $TXN Stock Bought by Avity Investment Management Inc.

Avity Investment Management Inc. grew its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 4.0% in the third quarter, HoldingsChannel reports. The fund owned 183,858 shares of the semiconductor company’s stock after buying an additional 7,099 shares during the quarter. Texas Instruments makes up about 3.1% of Avity Investment Management Inc.’s portfolio, making the stock its 13th largest position. Avity Investment Management Inc.’s holdings in Texas Instruments were worth $51,497,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of TXN. Contravisory Investment Management Inc. purchased a new position in shares of Texas Instruments in the 2nd quarter worth about $1,493,000. Quantbot Technologies LP purchased a new stake in shares of Texas Instruments during the 2nd quarter worth about $1,962,000. Ieq Capital LLC purchased a new stake in shares of Texas Instruments during the 2nd quarter worth about $17,709,000. Liontrust Investment Partners LLP acquired a new stake in Texas Instruments during the 1st quarter worth approximately $13,056,000. Finally, Heartland Advisors Inc. purchased a new position in Texas Instruments in the second quarter valued at approximately $4,396,000. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, VP Tsedeniya Abraham sold 7,000 shares of the business’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $264.63, for a total value of $1,852,410.00. Following the transaction, the vice president owned 23,181 shares in the company, valued at approximately $6,134,388.03. The trade was a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.60% of the company’s stock.

Texas Instruments Stock Down 1.5%

Shares of NASDAQ TXN traded down $4.46 during trading on Friday, reaching $283.74. 4,037,094 shares of the stock were exchanged, compared to its average volume of 7,585,354. The company has a market capitalization of $259.12 billion, a price-to-earnings ratio of 43.19, a price-to-earnings-growth ratio of 1.62 and a beta of 1.35. The business’s 50-day moving average price is $271.37 and its 200 day moving average price is $273.26. The company has a quick ratio of 3.44, a current ratio of 4.86 and a debt-to-equity ratio of 0.72. Texas Instruments Incorporated has a twelve month low of $152.73 and a twelve month high of $334.03.

Texas Instruments (NASDAQ:TXN – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.91 by $0.23. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. The business had revenue of $5.46 billion during the quarter, compared to analyst estimates of $5.26 billion. During the same period last year, the business earned $1.41 EPS. The business’s revenue was up 22.8% on a year-over-year basis. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, equities analysts forecast that Texas Instruments Incorporated will post 8.45 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 30th will be given a dividend of $1.52 per share. The ex-dividend date of this dividend is Friday, October 30th. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 dividend on an annualized basis and a dividend yield of 2.1%. Texas Instruments’s dividend payout ratio is presently 92.54%.

Analysts Set New Price Targets

TXN has been the subject of several research reports. Cantor Fitzgerald reiterated a “neutral” rating and set a $300.00 price objective (up from $280.00) on shares of Texas Instruments in a research note on Wednesday, September 9th. Arete Research reduced their target price on shares of Texas Instruments from $405.00 to $381.00 and set a “buy” rating on the stock in a report on Thursday, August 20th. KeyCorp upped their price target on shares of Texas Instruments from $390.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Sanford C. Bernstein increased their price target on Texas Instruments from $250.00 to $290.00 and gave the company a “market perform” rating in a report on Thursday, July 23rd. Finally, Morgan Stanley raised their price objective on Texas Instruments from $230.00 to $255.00 and gave the company an “underweight” rating in a research report on Thursday, July 23rd. Sixteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and an average target price of $304.26.

Get Our Latest Stock Report on TXN

Texas Instruments Company Profile

(Free Report)

Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures analog and embedded semiconductor products used in industrial, automotive, personal electronics, communications equipment, and enterprise systems. Its analog products help manage power, sense and measure real-world signals, and support signal processing, while its embedded processing products provide computing and control functions within electronic systems.

The company offers a broad portfolio of semiconductors, including power-management devices, amplifiers, data converters, microcontrollers, processors, and connectivity products.

See Also

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).

Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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