Wedmont Private Capital raised its holdings in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 31.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,302 shares of the semiconductor company’s stock after acquiring an additional 2,224 shares during the period. Wedmont Private Capital’s holdings in Texas Instruments were worth $2,681,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. CenterStar Asset Management LLC grew its holdings in Texas Instruments by 1,631.2% in the 3rd quarter. CenterStar Asset Management LLC now owns 13,781 shares of the semiconductor company’s stock valued at $3,876,000 after buying an additional 14,681 shares in the last quarter. Journey Retirement Planning & Investment Management LLC raised its holdings in shares of Texas Instruments by 14.7% during the 3rd quarter. Journey Retirement Planning & Investment Management LLC now owns 3,208 shares of the semiconductor company’s stock worth $899,000 after acquiring an additional 411 shares during the period. LifeGoal Investments LLC purchased a new position in shares of Texas Instruments during the 3rd quarter worth $458,000. Mn Services Vermogensbeheer B.V. boosted its position in shares of Texas Instruments by 1.7% during the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 269,874 shares of the semiconductor company’s stock valued at $75,589,000 after acquiring an additional 4,600 shares during the last quarter. Finally, Diversified Management Inc. grew its holdings in shares of Texas Instruments by 38.5% in the third quarter. Diversified Management Inc. now owns 5,862 shares of the semiconductor company’s stock valued at $1,642,000 after purchasing an additional 1,631 shares during the period. 84.99% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Texas Instruments
In other news, VP Tsedeniya Abraham sold 7,000 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, 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 can be accessed through the SEC website. Insiders own 0.60% of the company’s stock.
Texas Instruments Trading Down 1.5%
Texas Instruments (NASDAQ:TXN – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.91 by $0.23. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%. The firm had revenue of $5.46 billion for the quarter, compared to analyst estimates of $5.26 billion. During the same quarter in the prior year, the company earned $1.41 EPS. Texas Instruments’s revenue was up 22.8% on a year-over-year basis. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. On average, equities analysts forecast that Texas Instruments Incorporated will post 8.45 earnings per share for the current year.
Texas Instruments Increases Dividend
The firm also recently declared 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. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, October 30th. Texas Instruments’s dividend payout ratio is currently 86.45%.
Analyst Upgrades and Downgrades
Several research firms have recently commented on TXN. Zacks Research lowered shares of Texas Instruments from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 21st. 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. Mizuho lifted their target price on Texas Instruments from $300.00 to $305.00 and gave the company a “neutral” rating in a research report on Thursday, July 23rd. Weiss Ratings raised Texas Instruments from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, July 28th. Finally, Wells Fargo & Company increased their price target on Texas Instruments from $300.00 to $310.00 and gave the stock an “equal weight” rating in a report on Thursday, July 23rd. Sixteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $304.26.
View Our Latest Stock Report on TXN
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.
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