King Luther Capital Management Corp Acquires 2,479 Shares of Texas Instruments Incorporated $TXN

King Luther Capital Management Corp lifted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 3.2% during the third quarter, Holdings Channel reports. The firm owned 79,735 shares of the semiconductor company’s stock after purchasing an additional 2,479 shares during the quarter. King Luther Capital Management Corp’s holdings in Texas Instruments were worth $22,333,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Putney Financial Group LLC purchased a new stake in shares of Texas Instruments in the third quarter valued at $28,000. Scarborough Advisors LLC bought a new stake in shares of Texas Instruments in the 1st quarter valued at approximately $29,000. Creative Capital Management Investments LLC grew its position in Texas Instruments by 167.5% in the third quarter. Creative Capital Management Investments LLC now owns 107 shares of the semiconductor company’s stock worth $30,000 after acquiring an additional 67 shares in the last quarter. Kilter Group LLC bought a new stake in Texas Instruments in the second quarter worth $31,000. Finally, Main Street Group LTD acquired a new position in shares of Texas Instruments during the 1st quarter valued at about $32,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on TXN shares. Morgan Stanley lifted their target price on shares of Texas Instruments from $255.00 to $278.00 and gave the stock an “underweight” rating in a report on Thursday, October 22nd. Freedom Broker upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating and upped their target price for the company from $260.00 to $330.00 in a research note on Thursday, October 22nd. TD Cowen reduced their price target on shares of Texas Instruments from $340.00 to $330.00 and set a “buy” rating for the company in a report on Monday, October 19th. Cantor Fitzgerald restated a “neutral” rating on shares of Texas Instruments in a research report on Tuesday, October 20th. Finally, Wall Street Zen upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $315.37.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $312.48 on Friday. Texas Instruments Incorporated has a 1-year low of $152.73 and a 1-year high of $334.03. The firm has a market capitalization of $285.53 billion, a PE ratio of 40.53, a PEG ratio of 1.52 and a beta of 1.39. The business’s 50 day moving average is $282.88 and its 200-day moving average is $263.61. The company has a current ratio of 5.59, a quick ratio of 4.05 and a debt-to-equity ratio of 0.67.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Wednesday, October 21st. The semiconductor company reported $2.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.40 by $0.22. The business had revenue of $6.05 billion for the quarter, compared to analysts’ expectations of $5.94 billion. Texas Instruments had a return on equity of 40.51% and a net margin of 34.25%. Texas Instruments’s quarterly revenue was up 27.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.48 earnings per share. Sell-side analysts predict that Texas Instruments Incorporated will post 8.97 earnings per share for the current year.

Texas Instruments Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 10th. Shareholders of record on Friday, October 30th were paid a dividend of $1.52 per share. This is an increase from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Friday, October 30th. Texas Instruments’s dividend payout ratio is presently 78.86%.

Insider Activity

In other news, Director Ronald Kirk sold 6,065 shares of the firm’s stock in a transaction dated Thursday, October 29th. The shares were sold at an average price of $310.39, for a total transaction of $1,882,515.35. Following the completion of the transaction, the director directly owned 15,462 shares of the company’s stock, valued at approximately $4,799,250.18. This trade represents a 28.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Janet F. Clark sold 4,306 shares of the firm’s stock in a transaction dated Tuesday, October 27th. The stock was sold at an average price of $302.46, for a total transaction of $1,302,392.76. Following the transaction, the director directly owned 11,341 shares of the company’s stock, valued at $3,430,198.86. The trade was a 27.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 27,968 shares of company stock valued at $8,236,892. 0.60% of the stock is owned by insiders.

Trending Headlines about Texas Instruments

These are some of the TXN headlines that stood out recently:

• Positive Sentiment: Strong quarterly growth: The supplied results show Q3 EPS of $2.62 versus a $2.40 consensus estimate and revenue of $6.06 billion, up 27.7% year over year. That performance supports the growth case behind TXN’s recent momentum. Article: Texas Instruments Stock Price Prediction
• Positive Sentiment: Potential pricing tailwind: Tight chip supply and firmer demand could let Texas Instruments raise prices in 2027 and improve profitability. The benefit may depend on customers accepting the increases. Article: Will Texas Instruments’ 2027 Pricing Strategy Lift Profitability?
• Neutral Sentiment: ETF buying offers a demand signal, not a business catalyst: ETFs reportedly added $365.9 million of TXN shares on Monday, indicating institutional fund demand, though this does not by itself establish a change in fundamentals. Article: 42 ETFs Add to Texas Instruments

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.