Texas Instruments Incorporated $TXN Stock Bought by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI boosted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 17.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 40,848 shares of the semiconductor company’s stock after acquiring an additional 6,134 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Texas Instruments were worth $11,441,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of Texas Instruments in the 2nd quarter worth approximately $24,607,313,000. Bank of New York Mellon Corp purchased a new position in shares of Texas Instruments during the 2nd quarter worth approximately $4,488,666,000. Bank of America Corp DE acquired a new stake in Texas Instruments in the 2nd quarter valued at approximately $3,700,842,000. Primecap Management Co. CA acquired a new stake in Texas Instruments in the 2nd quarter valued at approximately $2,538,063,000. Finally, Legal & General Group Plc purchased a new stake in Texas Instruments in the second quarter valued at approximately $1,918,277,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Stock Up 1.9%

Shares of NASDAQ TXN opened at $284.69 on Friday. The stock has a market cap of $259.99 billion, a P/E ratio of 36.92, a PEG ratio of 1.55 and a beta of 1.35. The business’s fifty day simple moving average is $271.98 and its 200-day simple moving average is $279.47. Texas Instruments Incorporated has a 12-month low of $152.73 and a 12-month high of $334.03. The company has a current ratio of 5.59, a quick ratio of 3.44 and a debt-to-equity ratio of 0.67.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 EPS for the quarter, topping the consensus estimate of $2.40 by $0.22. Texas Instruments had a return on equity of 40.51% and a net margin of 34.25%. The firm had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.94 billion. During the same period in the previous year, the firm posted $1.48 EPS. Texas Instruments’s revenue for the quarter was up 27.7% on a year-over-year basis. As a group, equities analysts predict that Texas Instruments Incorporated will post 8.79 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 30th will be paid a $1.52 dividend. This represents a $6.08 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, October 30th. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. Texas Instruments’s dividend payout ratio (DPR) is 73.67%.

Insider Activity

In other news, VP Tsedeniya Abraham sold 7,000 shares of the business’s 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 completion of the transaction, the vice president directly owned 23,181 shares of the company’s stock, valued at approximately $6,134,388.03. The trade was a 23.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

TXN has been the subject of several research analyst reports. Susquehanna restated a “positive” rating on shares of Texas Instruments in a research report on Thursday. JPMorgan Chase & Co. boosted their price objective on Texas Instruments from $340.00 to $365.00 and gave the company an “overweight” rating in a report on Thursday. Weiss Ratings raised Texas Instruments from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 9th. Cantor Fitzgerald restated a “neutral” rating on shares of Texas Instruments in a report on Tuesday. Finally, Stifel Nicolaus raised their target price on Texas Instruments from $360.00 to $370.00 and gave the company a “buy” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $311.39.

More Texas Instruments News

Here are the key news stories impacting Texas Instruments this week:

• Positive Sentiment: Texas Instruments reported third-quarter revenue of approximately $6.06 billion, up 28% year over year, while EPS increased 77% to $2.62 and exceeded consensus expectations. Industrial, analog and data-center demand drove the results, with data-center revenue reportedly rising 95%. TXN Q3 Earnings Beat Estimates on Strong Analog, Data Center Demand
• Positive Sentiment: Management’s fourth-quarter revenue guidance, with a midpoint of about $6.05 billion, came in well above analyst expectations. Capacity expansion and broader cyclical recovery could support longer-term revenue, margins and cash flow. TXN Q3 Deep Dive: Industrial and Data Center Growth Drive Outlook Upgrade
• Positive Sentiment: Analyst sentiment strengthened: Zacks upgraded TXN to Rank #1, Freedom Broker raised its rating to Buy with a $330 target, and JPMorgan lifted its target to $365 while maintaining an Overweight rating. Texas Instruments Upgraded to Strong Buy
• Positive Sentiment: New chips for AI data centers—including power-monitoring, high-voltage distribution and timing components—give TXN additional exposure to data-center infrastructure growth. Texas Instruments Debuts Industry First Chips for AI Data Centers
• Neutral Sentiment: Unusual call-option activity and comparisons with Micron indicate bullish trading interest, although Micron was viewed as having stronger AI-driven growth and a lower valuation. Micron vs. Texas Instruments
• Negative Sentiment: TXN’s premium valuation remains a risk if the industrial recovery or AI infrastructure spending slows. Mizuho lowered its target to $290 and kept a Neutral rating, highlighting limited near-term upside. Mizuho Texas Instruments Rating

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.