Triasima Portfolio Management inc. raised its holdings in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 35.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,546 shares of the semiconductor company’s stock after buying an additional 6,480 shares during the quarter. Texas Instruments accounts for approximately 0.9% of Triasima Portfolio Management inc.’s holdings, making the stock its 29th biggest holding. Triasima Portfolio Management inc.’s holdings in Texas Instruments were worth $6,875,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in TXN. HBW Advisory Services LLC lifted its holdings in shares of Texas Instruments by 2.2% during the 1st quarter. HBW Advisory Services LLC now owns 1,730 shares of the semiconductor company’s stock worth $336,000 after acquiring an additional 37 shares during the period. Montz Harcus Wealth Management LLC boosted its position in shares of Texas Instruments by 2.9% during the 1st quarter. Montz Harcus Wealth Management LLC now owns 1,338 shares of the semiconductor company’s stock valued at $260,000 after acquiring an additional 38 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt increased its stake in Texas Instruments by 0.6% in the first quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 5,960 shares of the semiconductor company’s stock valued at $1,157,000 after acquiring an additional 38 shares during the period. Moody National Bank Trust Division increased its stake in Texas Instruments by 0.6% in the third quarter. Moody National Bank Trust Division now owns 6,063 shares of the semiconductor company’s stock valued at $1,698,000 after acquiring an additional 39 shares during the period. Finally, McGlone Suttner Wealth Management Inc. increased its stake in Texas Instruments by 3.3% in the third quarter. McGlone Suttner Wealth Management Inc. now owns 1,299 shares of the semiconductor company’s stock valued at $364,000 after acquiring an additional 41 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.
Insider Buying and Selling
In other Texas Instruments news, VP Tsedeniya Abraham sold 7,000 shares of the company’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 sale, the vice president directly owned 23,181 shares of the company’s stock, valued at approximately $6,134,388.03. This represents a 23.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.60% of the stock is currently owned by company insiders.
Texas Instruments Stock Down 0.5%
Shares of NASDAQ TXN opened at $279.12 on Friday. Texas Instruments Incorporated has a 52-week low of $152.73 and a 52-week high of $334.03. The company has a debt-to-equity ratio of 0.72, a quick ratio of 3.44 and a current ratio of 4.86. The business has a fifty day moving average of $271.94 and a two-hundred day moving average of $276.42. The stock has a market cap of $254.91 billion, a PE ratio of 42.48, a PEG ratio of 1.57 and a beta of 1.35.
Texas Instruments (NASDAQ:TXN – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $5.26 billion. During the same quarter in the prior year, the firm earned $1.41 EPS. The firm’s quarterly revenue was up 22.8% compared to the same quarter last year. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, equities research analysts expect that Texas Instruments Incorporated will post 8.45 earnings per share for the current fiscal year.
Texas Instruments Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 30th will be given a $1.52 dividend. 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 (DPR) is presently 86.45%.
Analyst Upgrades and Downgrades
Several research firms recently issued reports on TXN. Wells Fargo & Company increased their price target on shares of Texas Instruments from $300.00 to $310.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 23rd. Morgan Stanley lifted their price objective on Texas Instruments from $230.00 to $255.00 and gave the company an “underweight” rating in a report on Thursday, July 23rd. TD Cowen lowered their price objective on Texas Instruments from $360.00 to $340.00 and set a “buy” rating on the stock in a research note on Thursday, July 23rd. Robert W. Baird upped their price objective on Texas Instruments from $300.00 to $385.00 and gave the company an “outperform” rating in a research note on Thursday, July 23rd. Finally, Truist Financial increased their target price on Texas Instruments from $278.00 to $300.00 and gave the stock a “hold” rating in a report on Thursday, July 23rd. Sixteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $304.26.
Get Our Latest Research Report on TXN
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.
Featured Stories
- Five stocks we like better than Texas Instruments
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
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.
