Texas Instruments Incorporated $TXN Stake Reduced by WealthPlan Investment Management LLC

WealthPlan Investment Management LLC lessened its position in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 12.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 15,741 shares of the semiconductor company’s stock after selling 2,137 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Texas Instruments were worth $4,409,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. bought a new position in Texas Instruments during the second quarter worth $24,607,313,000. Invesco Ltd. boosted its position in Texas Instruments by 10.6% during the fourth 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 during the last quarter. Bank of New York Mellon Corp boosted its position in Texas Instruments by 33.6% during the first quarter. Bank of New York Mellon Corp now owns 16,402,834 shares of the semiconductor company’s stock valued at $3,184,446,000 after acquiring an additional 4,129,601 shares during the last quarter. Bank of America Corp DE bought a new stake in Texas Instruments during the second quarter valued at $3,700,842,000. Finally, Van ECK Associates Corp grew its holdings in Texas Instruments by 1.5% during the 2nd quarter. Van ECK Associates Corp now owns 12,149,167 shares of the semiconductor company’s stock worth $3,621,302,000 after acquiring an additional 177,511 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Activity at Texas Instruments

In other news, VP Tsedeniya Abraham sold 7,000 shares of the business’s stock in a transaction that occurred on 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 sale, the vice president owned 23,181 shares in the company, valued at $6,134,388.03. The trade was a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.60% of the stock is currently owned by corporate insiders.

Texas Instruments Stock Down 1.7%

Shares of TXN traded down $4.80 during trading hours on Thursday, hitting $275.85. The stock had a trading volume of 2,992,324 shares, compared to its average volume of 7,529,007. 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 has a 50 day simple moving average of $271.93 and a 200-day simple moving average of $275.79. The firm has a market capitalization of $251.92 billion, a P/E ratio of 41.95, a price-to-earnings-growth ratio of 1.61 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 issued its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 EPS for the quarter, beating analysts’ consensus estimates of $1.91 by $0.23. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%. The business had revenue of $5.46 billion during the quarter, compared to analyst estimates of $5.26 billion. During the same period in the previous year, the company posted $1.41 EPS. The firm’s 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. Sell-side analysts predict 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 paid a $1.52 dividend. This represents a $6.08 dividend on an annualized basis and a yield of 2.2%. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, October 30th. Texas Instruments’s payout ratio is 92.54%.

Analyst Ratings Changes

Several research analysts have recently weighed in on TXN shares. Rosenblatt Securities lifted 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. JPMorgan Chase & Co. upped their target price on Texas Instruments from $280.00 to $340.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Truist Financial raised their target price on Texas Instruments from $278.00 to $300.00 and gave the stock a “hold” rating in a research note on Thursday, July 23rd. Morgan Stanley boosted their price target on Texas Instruments from $230.00 to $255.00 and gave the company an “underweight” rating in a research note on Thursday, July 23rd. Finally, Stifel Nicolaus raised their price objective on shares of Texas Instruments from $340.00 to $360.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Sixteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $304.26.

Read Our Latest Analysis on TXN

Texas Instruments Company Profile

(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

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

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