Rosenberg Matthew Hamilton increased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 229.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 4,292 shares of the semiconductor company’s stock after purchasing an additional 2,988 shares during the period. Rosenberg Matthew Hamilton’s holdings in Texas Instruments were worth $1,202,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ridgewood Investments LLC acquired a new stake in Texas Instruments in the third quarter valued at about $2,358,000. Ferguson Wellman Capital Management Inc. increased its position in Texas Instruments by 2.1% during the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 137,548 shares of the semiconductor company’s stock worth $38,526,000 after purchasing an additional 2,859 shares during the period. Eastern Bank increased its position in Texas Instruments by 2.8% during the 3rd quarter. Eastern Bank now owns 3,729 shares of the semiconductor company’s stock worth $1,044,000 after purchasing an additional 100 shares during the period. GoalVest Advisory LLC raised its stake in shares of Texas Instruments by 1,968.8% during the 3rd quarter. GoalVest Advisory LLC now owns 331 shares of the semiconductor company’s stock worth $93,000 after buying an additional 315 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake in shares of Texas Instruments by 4.2% during the 3rd quarter. Versant Capital Management Inc now owns 2,768 shares of the semiconductor company’s stock worth $775,000 after buying an additional 111 shares in the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on TXN. Stifel Nicolaus lifted their price target on Texas Instruments from $340.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. KeyCorp increased their price objective on Texas Instruments from $390.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Zacks Research downgraded Texas Instruments from a “strong-buy” rating to a “hold” rating in a report on Monday, September 21st. Robert W. Baird boosted their target price on shares of Texas Instruments from $300.00 to $385.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. Finally, Mizuho upped their price target on shares of Texas Instruments from $300.00 to $305.00 and gave the stock a “neutral” rating in a research note on Thursday, July 23rd. Sixteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $304.26.
Texas Instruments Price Performance
Shares of NASDAQ TXN traded up $1.10 on Monday, hitting $294.90. The company’s stock had a trading volume of 3,778,042 shares, compared to its average volume of 7,651,205. 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 $269.32 billion, a price-to-earnings ratio of 44.89, a price-to-earnings-growth ratio of 1.64 and a beta of 1.35. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.86 and a quick ratio of 3.44. The stock has a 50 day moving average of $270.12 and a 200-day moving average of $270.38.
Texas Instruments (NASDAQ:TXN – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share for the quarter, topping 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 analysts’ expectations of $5.26 billion. During the same period last year, the company posted $1.41 EPS. The company’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, research analysts predict that Texas Instruments Incorporated will post 8.45 EPS for the current year.
Texas Instruments Increases Dividend
The business 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 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 annualized dividend and a yield of 2.1%. Texas Instruments’s dividend payout ratio (DPR) is 86.45%.
Insider Buying and Selling at Texas Instruments
In other news, VP Tsedeniya Abraham sold 7,000 shares of the company’s stock in a transaction on 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 sale, the vice president directly owned 23,181 shares in the company, valued at $6,134,388.03. This represents a 23.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.60% of the stock is currently owned by company insiders.
Texas Instruments 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.
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