WealthPlan Investment Management LLC reduced its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 12.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,741 shares of the semiconductor company’s stock after selling 2,137 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Texas Instruments were worth $4,409,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. Portus Wealth Advisors LLC bought a new position in Texas Instruments in the 1st quarter valued at about $27,000. TD Capital Management LLC bought a new stake in Texas Instruments during the 4th quarter worth approximately $28,000. Scarborough Advisors LLC bought a new stake in Texas Instruments during the 1st quarter worth approximately $29,000. Kilter Group LLC bought a new stake in Texas Instruments during the 2nd quarter worth approximately $31,000. Finally, Main Street Group LTD purchased a new stake in shares of Texas Instruments in the first quarter worth approximately $32,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.
Texas Instruments Stock Performance
TXN stock traded down $4.80 during midday trading on Thursday, hitting $275.85. The company’s stock had a trading volume of 2,992,324 shares, compared to its average volume of 7,529,007. The stock has a market cap of $251.92 billion, a price-to-earnings ratio of 41.95, a PEG ratio of 1.61 and a beta of 1.35. The company has a quick ratio of 3.44, a current ratio of 4.86 and a debt-to-equity ratio of 0.72. The stock’s 50-day moving average price is $271.93 and its 200 day moving average price is $275.79. Texas Instruments Incorporated has a 1 year low of $152.73 and a 1 year high of $334.03.
Texas Instruments (NASDAQ:TXN – Get Free Report) last announced its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share (EPS) 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 analyst estimates of $5.26 billion. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%. The business’s revenue was up 22.8% compared to the same quarter last year. During the same period last year, the firm posted $1.41 EPS. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. On average, equities analysts forecast that Texas Instruments Incorporated will post 8.45 EPS for the current year.
Texas Instruments Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 30th will be issued a dividend of $1.52 per share. This represents a $6.08 dividend on an annualized basis and a yield of 2.2%. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. The ex-dividend date is Friday, October 30th. Texas Instruments’s dividend payout ratio is 92.54%.
Insider Transactions at Texas Instruments
In related news, VP Tsedeniya Abraham sold 7,000 shares of the firm’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $264.63, for a total transaction of $1,852,410.00. Following the completion of the sale, the vice president owned 23,181 shares in the company, valued at approximately $6,134,388.03. This trade represents a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.60% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on TXN shares. Benchmark raised their target price on Texas Instruments from $315.00 to $360.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Stifel Nicolaus lifted their target price on Texas Instruments from $340.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Morgan Stanley upped their price target on Texas Instruments from $230.00 to $255.00 and gave the stock an “underweight” rating in a report on Thursday, July 23rd. Mizuho increased their price target on Texas Instruments from $300.00 to $305.00 and gave the company a “neutral” rating in a research report on Thursday, July 23rd. Finally, Arete Research dropped their price objective on Texas Instruments from $405.00 to $381.00 and set a “buy” rating on the stock in a research note on Thursday, August 20th. Sixteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, Texas Instruments currently has a consensus rating of “Hold” and a consensus price target of $304.26.
Get Our Latest Research Report on Texas Instruments
Texas Instruments Company Profile
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
- Five stocks we like better than Texas Instruments
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
- Fastenal Flashes Bullish Signal as Uptrend Holds Despite Margin Pressure
- Synopsys Signals Confidence With $1B Accelerated Buyback, Analysts Raise Targets
- Domino’s Pizza: As Cheap As It Gets, Nowhere to Go But Up
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).
Receive News & Ratings for Texas Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments and related companies with MarketBeat.com's FREE daily email newsletter.
