Texas Instruments Incorporated $TXN Position Cut by Gradient Investments LLC

Gradient Investments LLC trimmed its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 15.2% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,343 shares of the semiconductor company’s stock after selling 11,216 shares during the period. Gradient Investments LLC’s holdings in Texas Instruments were worth $17,462,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. purchased a new stake in shares of Texas Instruments in the 2nd quarter valued at $24,607,313,000. Bank of New York Mellon Corp acquired a new position in Texas Instruments during the 2nd quarter worth about $4,488,666,000. Bank of America Corp DE purchased a new position in Texas Instruments during the 2nd quarter valued at about $3,700,842,000. Van ECK Associates Corp grew its position in Texas Instruments by 1.5% in the 2nd quarter. Van ECK Associates Corp now owns 12,149,167 shares of the semiconductor company’s stock valued at $3,621,302,000 after acquiring an additional 177,511 shares in the last quarter. Finally, Invesco Ltd. grew its position in Texas Instruments by 10.6% in the 4th quarter. Invesco Ltd. now owns 18,184,514 shares of the semiconductor company’s stock valued at $3,154,831,000 after acquiring an additional 1,749,513 shares in the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TXN. Evercore reissued an “outperform” rating and set a $330.00 price target (up from $316.00) on shares of Texas Instruments in a research report on Thursday, July 23rd. Cantor Fitzgerald reissued a “neutral” rating and issued a $300.00 price target (up from $280.00) on shares of Texas Instruments in a research report on Wednesday, September 9th. Rosenblatt Securities upped their price objective on Texas Instruments from $330.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Truist Financial increased their price objective on Texas Instruments from $278.00 to $300.00 and gave the company a “hold” rating in a research note on Thursday, July 23rd. Finally, Wells Fargo & Company lifted their target price on Texas Instruments from $300.00 to $310.00 and gave the company an “equal weight” rating in a report on Thursday, July 23rd. Sixteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $304.26.

Texas Instruments Stock Down 1.3%

TXN traded down $3.71 on Thursday, reaching $285.27. The company’s stock had a trading volume of 1,922,578 shares, compared to its average volume of 7,581,263. 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 fifty-two week low of $152.73 and a fifty-two week high of $334.03. The stock has a 50 day moving average of $271.18 and a two-hundred day moving average of $272.55. The company has a market capitalization of $260.52 billion, a price-to-earnings ratio of 43.35, a P/E/G ratio of 1.66 and a beta of 1.35.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data 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. The business had revenue of $5.46 billion during the quarter, compared to the consensus estimate of $5.26 billion. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. The company’s revenue was up 22.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.41 EPS. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, analysts forecast that Texas Instruments Incorporated will post 8.45 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 30th will be issued 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 dividend yield of 2.1%. Texas Instruments’s dividend payout ratio is 86.45%.

Insider Activity at Texas Instruments

In other news, VP Tsedeniya Abraham sold 7,000 shares of Texas Instruments stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $264.63, for a total transaction of $1,852,410.00. Following the sale, 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.60% of the company’s stock.

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.