Ridgewood Investments LLC bought a new stake in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 8,417 shares of the semiconductor company’s stock, valued at approximately $2,358,000. Texas Instruments makes up approximately 0.8% of Ridgewood Investments LLC’s holdings, making the stock its 27th largest holding.
Other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Texas Instruments during the second quarter valued at approximately $24,607,313,000. Bank of New York Mellon Corp acquired a new stake in Texas Instruments in the 2nd quarter valued at $4,488,666,000. Bank of America Corp DE bought a new stake in Texas Instruments during the 2nd quarter valued at $3,700,842,000. Primecap Management Co. CA acquired a new position in Texas Instruments during the second quarter worth $2,538,063,000. Finally, Legal & General Group Plc acquired a new position in Texas Instruments during the second quarter worth $1,918,277,000. 84.99% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other news, VP Tsedeniya Abraham sold 7,000 shares of Texas Instruments stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $264.63, for a total value of $1,852,410.00. Following the completion of the transaction, the vice president owned 23,181 shares in the company, valued at $6,134,388.03. This trade represents 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 available at the SEC website. 0.60% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
Read Our Latest Stock Analysis on Texas Instruments
Texas Instruments Stock Performance
Texas Instruments stock traded up $1.10 during mid-day trading on Monday, reaching $294.90. 3,778,042 shares of the company’s stock were exchanged, compared to its average volume of 7,651,205. The business’s fifty day simple moving average is $270.12 and its 200 day simple moving average is $270.38. The company has a quick ratio of 3.44, a current ratio of 4.86 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $269.32 billion, a PE ratio of 44.89, a P/E/G ratio of 1.64 and a beta of 1.35. Texas Instruments Incorporated has a one year low of $152.73 and a one year high of $334.03.
Texas Instruments (NASDAQ:TXN – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share (EPS) 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 the consensus estimate of $5.26 billion. During the same quarter last year, the company posted $1.41 earnings per share. The firm’s quarterly revenue was up 22.8% compared to the same quarter last year. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. On average, sell-side analysts expect that Texas Instruments Incorporated will post 8.45 earnings per share for the current year.
Texas Instruments Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 30th will be paid a dividend of $1.52 per share. 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 positive change from Texas Instruments’s previous quarterly dividend of $1.42. Texas Instruments’s dividend payout ratio is currently 86.45%.
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.
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