Texas Instruments (NASDAQ:TXN) Stock Sale Disclosed by Rep. Kevin Hern

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Texas Instruments Incorporated (NASDAQ:TXN). In a filing disclosed on October 28th, the Representative disclosed that they had sold between $15,001 and $50,000 in Texas Instruments stock on October 14th. The trade occurred in the Representative’s “HERN FAMILY FOUNDATION” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of ASML (NASDAQ:ASML) on 10/23/2026.
• Sold $15,001 – $50,000 in shares of Seagate Technology (NASDAQ:STX) on 10/23/2026.
• Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 10/2/2026.
• Sold $15,001 – $50,000 in shares of Lockheed Martin (NYSE:LMT) on 9/23/2026.
• Sold $50,001 – $100,000 in shares of Devon Energy (NYSE:DVN) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of Devon Energy (NYSE:DVN) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of Starbucks (NASDAQ:SBUX) on 9/23/2026.
• Sold $50,001 – $100,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/23/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/23/2026.
• Sold $15,001 – $50,000 in shares of UnitedHealth Group (NYSE:UNH) on 9/23/2026.

Texas Instruments Trading Up 1.0%

Shares of TXN stock opened at $312.94 on Friday. The company has a quick ratio of 4.05, a current ratio of 5.59 and a debt-to-equity ratio of 0.67. The firm has a market cap of $285.96 billion, a P/E ratio of 40.59, a PEG ratio of 1.54 and a beta of 1.35. The company has a 50 day moving average of $274.96 and a 200-day moving average of $258.21. Texas Instruments Incorporated has a 12-month low of $152.73 and a 12-month high of $334.03.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.40 by $0.22. The firm had revenue of $6.05 billion for the quarter, compared to the consensus estimate of $5.94 billion. Texas Instruments had a return on equity of 40.51% and a net margin of 34.25%. The business’s quarterly revenue was up 27.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.48 earnings per share. Sell-side analysts anticipate that Texas Instruments Incorporated will post 8.89 earnings per share for the current year.

Texas Instruments Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders 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 represents a $6.08 annualized dividend and a dividend yield of 1.9%. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. Texas Instruments’s payout ratio is 78.86%.

Wall Street Analyst Weigh In

Several research firms have recently commented on TXN. Rosenblatt Securities lifted their price objective on Texas Instruments from $350.00 to $360.00 and gave the stock a “buy” rating in a report on Thursday, October 22nd. The Goldman Sachs Group restated a “sell” rating and set a $250.00 target price on shares of Texas Instruments in a report on Thursday, October 22nd. Morgan Stanley raised their price target on Texas Instruments from $255.00 to $278.00 and gave the stock an “underweight” rating in a research report on Thursday, October 22nd. Robert W. Baird lifted their price target on Texas Instruments from $300.00 to $385.00 and gave the stock an “outperform” rating in a research note on Thursday, July 23rd. Finally, Truist Financial set a $305.00 price objective on Texas Instruments in a research report on Thursday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $315.37.

Hedge Funds Weigh In On Texas Instruments

A number of institutional investors have recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in Texas Instruments during the second quarter valued at $24,607,313,000. Bank of New York Mellon Corp bought a new stake in Texas Instruments in the second quarter worth about $4,488,666,000. Bank of America Corp DE bought a new stake in shares of Texas Instruments during the 2nd quarter worth approximately $3,700,842,000. Primecap Management Co. CA purchased a new stake in shares of Texas Instruments during the second quarter valued at $2,538,063,000. Finally, Legal & General Group Plc purchased a new stake in Texas Instruments in the 2nd quarter valued at about $1,918,277,000. 84.99% of the stock is owned by institutional investors.

Key Stories Impacting Texas Instruments

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

• Positive Sentiment: Strong earnings and revenue growth support TXN. Texas Instruments reported third-quarter revenue of approximately $6.06 billion, up 27.7% year over year, while earnings per share of $2.62 exceeded the $2.40 consensus estimate. The company also issued fourth-quarter revenue guidance of $5.80 billion to $6.30 billion and EPS guidance of $2.45 to $2.79. Texas Instruments reports 28 percent revenue growth
• Positive Sentiment: Gross-margin expansion indicates improving operating leverage. Third-quarter gross margin rose to 64.2%, compared with 57.4% a year earlier and 61.4% in the prior quarter, helped by stronger sales and higher factory utilization. TXN’s Gross Margin Crosses 64% in Q3
• Positive Sentiment: The dividend was increased. TXN raised its quarterly payout to $1.52 from $1.42, equivalent to $6.08 annually and a yield of about 1.9%. The increase reinforces the company’s income appeal, although the payout ratio is relatively high at approximately 79%. Texas Instruments dividend comparison
• Positive Sentiment: ETF buying provides a technical tailwind. ETFs reportedly purchased about $37 million of TXN shares, and 41 ETFs added the stock on October 27, potentially supporting demand. ETFs Bought $37.0 Million of Texas Instruments
• Neutral Sentiment: Analyst sentiment is mixed. DZ Bank raised TXN to “hold” from “sell,” while its $300 price target remains below recent trading levels. The broader analyst consensus is “Moderate Buy,” but targets vary widely. DZ Bank raises Texas Instruments to Hold
• Negative Sentiment: Valuation and cash-flow concerns remain. With TXN trading at a high earnings multiple, investors are questioning whether future free cash flow will justify the price, particularly amid substantial manufacturing investment. Can Texas Instruments justify its price on future cash flow?
• Negative Sentiment: Multiple directors sold shares. Janet Clark, Robert Sanchez and Pamela Patsley collectively sold 14,903 shares near $302, reducing their individual holdings by roughly 12% to 28%. The sales may be personal transactions, but they add a cautionary signal near the stock’s highs. Texas Instruments insider selling
• Negative Sentiment: Automotive-chip concerns continue to affect the sector. Weak guidance from NXP Semiconductor renewed worries about automotive demand and pressured several chip stocks, including TXN. Soft guidance revives auto-chip worries

Insider Transactions at Texas Instruments

In other news, Director Janet F. Clark sold 4,306 shares of Texas Instruments stock in a transaction that occurred on Tuesday, October 27th. The shares were sold at an average price of $302.46, for a total value of $1,302,392.76. Following the transaction, the director owned 11,341 shares of the company’s stock, valued at $3,430,198.86. The trade was a 27.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Pamela H. Patsley sold 4,532 shares of the company’s stock in a transaction dated Tuesday, October 27th. The shares were sold at an average price of $301.56, for a total value of $1,366,669.92. Following the transaction, the director directly owned 34,487 shares in the company, valued at $10,399,899.72. This represents a 11.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 21,903 shares of company stock valued at $6,354,376. Company insiders own 0.60% of the company’s stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About Texas Instruments

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.