Avity Investment Management Inc. Acquires 7,099 Shares of Texas Instruments Incorporated $TXN

Avity Investment Management Inc. grew its holdings in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 4.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 183,858 shares of the semiconductor company’s stock after buying an additional 7,099 shares during the quarter. Texas Instruments comprises 3.1% of Avity Investment Management Inc.’s investment portfolio, making the stock its 13th biggest holding. Avity Investment Management Inc.’s holdings in Texas Instruments were worth $51,497,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Riversedge Advisors LLC acquired a new stake in Texas Instruments in the third quarter valued at $606,000. Wedmont Private Capital increased its holdings in shares of Texas Instruments by 31.4% in the 3rd quarter. Wedmont Private Capital now owns 9,302 shares of the semiconductor company’s stock valued at $2,681,000 after purchasing an additional 2,224 shares in the last quarter. CenterStar Asset Management LLC increased its holdings in shares of Texas Instruments by 1,631.2% in the 3rd quarter. CenterStar Asset Management LLC now owns 13,781 shares of the semiconductor company’s stock valued at $3,876,000 after purchasing an additional 14,681 shares in the last quarter. Journey Retirement Planning & Investment Management LLC lifted its stake in shares of Texas Instruments by 14.7% in the third quarter. Journey Retirement Planning & Investment Management LLC now owns 3,208 shares of the semiconductor company’s stock valued at $899,000 after purchasing an additional 411 shares during the period. Finally, LifeGoal Investments LLC purchased a new stake in Texas Instruments during the third quarter worth about $458,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Activity

In related news, VP Tsedeniya Abraham sold 7,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the vice president 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 SEC, which is available at the SEC website. 0.60% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on TXN. Wells Fargo & Company increased their target price on shares of Texas Instruments from $300.00 to $310.00 and gave the company an “equal weight” rating in a report on Thursday, July 23rd. The Goldman Sachs Group boosted their price target on Texas Instruments from $200.00 to $225.00 and gave the stock a “sell” rating in a research note on Thursday, July 23rd. UBS Group restated a “buy” rating and issued a $380.00 price target (up from $350.00) on shares of Texas Instruments in a report on Thursday, July 23rd. Stifel Nicolaus raised their price objective on Texas Instruments from $340.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Finally, Evercore reaffirmed an “outperform” rating and set a $330.00 price objective (up from $316.00) on shares of Texas Instruments 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 given a Sell rating to the stock. Based on data from MarketBeat, Texas Instruments currently has an average rating of “Hold” and a consensus target price of $304.26.

View Our Latest Analysis on Texas Instruments

Texas Instruments Price Performance

NASDAQ:TXN traded down $4.46 during trading hours on Friday, reaching $283.74. 4,037,094 shares of the company traded hands, compared to its average volume of 7,585,354. 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 firm’s 50-day moving average is $271.37 and its 200-day moving average is $273.26. The stock has a market cap of $259.12 billion, a P/E ratio of 43.19, a P/E/G ratio of 1.62 and a beta of 1.35. 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 released its quarterly earnings results 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. The company had revenue of $5.46 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 22.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.41 earnings per share. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. 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 announced a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 30th will be issued a $1.52 dividend. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.42. The ex-dividend date is Friday, October 30th. This represents a $6.08 dividend on an annualized basis and a yield of 2.1%. Texas Instruments’s payout ratio is currently 92.54%.

About Texas Instruments

(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

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

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