Ninety One UK Ltd Sells 171,470 Shares of Texas Instruments Incorporated $TXN

Ninety One UK Ltd reduced its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 43.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 220,877 shares of the semiconductor company’s stock after selling 171,470 shares during the quarter. Ninety One UK Ltd’s holdings in Texas Instruments were worth $61,865,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Contravisory Investment Management Inc. bought a new position in shares of Texas Instruments during the 2nd quarter worth approximately $1,493,000. Quantbot Technologies LP bought a new stake in shares of Texas Instruments in the second quarter worth $1,962,000. Ieq Capital LLC bought a new stake in shares of Texas Instruments in the second quarter worth $17,709,000. Liontrust Investment Partners LLP acquired a new position in Texas Instruments during the first quarter worth $13,056,000. Finally, Heartland Advisors Inc. acquired a new position in Texas Instruments during the second quarter worth $4,396,000. 84.99% of the stock is owned by institutional investors.

Texas Instruments Stock Performance

NASDAQ TXN traded down $3.01 on Thursday, hitting $277.64. 3,173,711 shares of the stock were exchanged, compared to its average volume of 7,530,720. 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 business’s fifty day moving average is $271.93 and its 200 day moving average is $275.79. Texas Instruments Incorporated has a 52 week low of $152.73 and a 52 week high of $334.03. The company has a market capitalization of $253.55 billion, a PE ratio of 42.19, a P/E/G ratio of 1.61 and a beta of 1.35.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 EPS for the quarter, beating analysts’ consensus estimates of $1.91 by $0.23. The company had revenue of $5.46 billion during the quarter, compared to the consensus estimate of $5.26 billion. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. The company’s quarterly revenue was up 22.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.41 EPS. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. Research analysts anticipate that Texas Instruments Incorporated will post 8.45 EPS 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. Investors of record on Friday, October 30th will be paid a $1.52 dividend. This is an increase from Texas Instruments’s previous quarterly dividend of $1.42. The ex-dividend date is Friday, October 30th. This represents a $6.08 annualized dividend and a yield of 2.2%. Texas Instruments’s dividend payout ratio (DPR) is 92.54%.

Insider Transactions at Texas Instruments

In related news, VP Tsedeniya Abraham sold 7,000 shares of Texas Instruments 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 owned 23,181 shares in the company, valued at approximately $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 SEC, which is accessible through this hyperlink. Company insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Evercore reaffirmed an “outperform” rating and issued a $330.00 target price (up from $316.00) on shares of Texas Instruments in a research report on Thursday, July 23rd. Morgan Stanley boosted their price target on shares of Texas Instruments from $230.00 to $255.00 and gave the stock an “underweight” rating in a research report on Thursday, July 23rd. Sanford C. Bernstein boosted their price target on shares of Texas Instruments from $250.00 to $290.00 and gave the stock a “market perform” rating in a research report on Thursday, July 23rd. Stifel Nicolaus increased their price objective on shares of Texas Instruments from $340.00 to $360.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Finally, KeyCorp raised their price objective on Texas Instruments from $390.00 to $400.00 and gave the company an “overweight” rating 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, Texas Instruments currently has an average rating of “Hold” and an average target price of $304.26.

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.