Fundsmith LLP Cuts Stock Position in Texas Instruments Incorporated $TXN

Fundsmith LLP cut its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 31.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 1,799,182 shares of the semiconductor company’s stock after selling 823,942 shares during the period. Texas Instruments accounts for approximately 3.9% of Fundsmith LLP’s holdings, making the stock its 16th largest holding. Fundsmith LLP’s holdings in Texas Instruments were worth $536,282,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Swiss Life Asset Management Ltd increased its stake in Texas Instruments by 10.1% in the 4th quarter. Swiss Life Asset Management Ltd now owns 555,199 shares of the semiconductor company’s stock worth $96,321,000 after purchasing an additional 50,808 shares during the period. Contravisory Investment Management Inc. bought a new position in shares of Texas Instruments in the second quarter worth approximately $1,493,000. K.J. Harrison & Partners Inc purchased a new position in shares of Texas Instruments in the fourth quarter worth $1,735,000. Thrivent Financial for Lutherans boosted its position in Texas Instruments by 126.0% during the 4th quarter. Thrivent Financial for Lutherans now owns 150,454 shares of the semiconductor company’s stock valued at $26,114,000 after buying an additional 83,884 shares during the period. Finally, RNC Capital Management LLC bought a new stake in Texas Instruments in the 4th quarter worth $2,751,000. Institutional investors own 84.99% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on TXN shares. Zacks Research upgraded Texas Instruments from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Susquehanna lifted their price target on shares of Texas Instruments from $300.00 to $340.00 and gave the company a “positive” rating in a report on Tuesday, July 21st. Robert W. Baird upped their price objective on shares of Texas Instruments from $300.00 to $385.00 and gave the stock an “outperform” rating in a report on Thursday, July 23rd. The Goldman Sachs Group raised their target price on shares of Texas Instruments from $200.00 to $225.00 and gave the stock a “sell” rating in a research report on Thursday, July 23rd. Finally, Stifel Nicolaus boosted their price target on shares of Texas Instruments from $340.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $312.12.

Texas Instruments Stock Performance

Shares of TXN opened at $258.64 on Monday. Texas Instruments Incorporated has a 52 week low of $152.73 and a 52 week high of $334.03. The stock has a market cap of $236.20 billion, a P/E ratio of 39.37, a P/E/G ratio of 1.01 and a beta of 1.33. The business’s 50 day moving average price is $285.30 and its 200-day moving average price is $260.35. The company has a quick ratio of 3.44, a current ratio of 4.86 and a debt-to-equity ratio of 0.72.

Texas Instruments (NASDAQ:TXN) last posted its quarterly 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 during the quarter, compared to analyst estimates of $5.26 billion. During the same quarter in the previous year, the firm earned $1.41 EPS. Texas Instruments’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. Equities research analysts anticipate that Texas Instruments Incorporated will post 8.42 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 11th. Investors of record on Friday, July 31st were given a dividend of $1.42 per share. The ex-dividend date of this dividend was Friday, July 31st. This represents a $5.68 annualized dividend and a dividend yield of 2.2%. Texas Instruments’s dividend payout ratio (DPR) is 86.45%.

About Texas Instruments

Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.

TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.