Norges Bank Invests $2.84 Billion in Texas Instruments Incorporated $TXN

Norges Bank bought a new stake in Texas Instruments Incorporated (NASDAQ:TXN) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,661,065 shares of the semiconductor company’s stock, valued at approximately $2,836,310,000. Norges Bank owned approximately 1.50% of Texas Instruments at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TXN. Vanguard Group Inc. raised its holdings in shares of Texas Instruments by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 95,447,320 shares of the semiconductor company’s stock valued at $19,816,773,000 after purchasing an additional 1,426,360 shares during the period. Geode Capital Management LLC increased its position in Texas Instruments by 1.3% during the second quarter. Geode Capital Management LLC now owns 22,224,770 shares of the semiconductor company’s stock worth $4,595,478,000 after buying an additional 279,755 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Texas Instruments by 2.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 21,915,824 shares of the semiconductor company’s stock valued at $3,938,274,000 after buying an additional 428,356 shares during the period. Invesco Ltd. increased its holdings in shares of Texas Instruments by 14.6% during the 1st quarter. Invesco Ltd. now owns 13,624,568 shares of the semiconductor company’s stock worth $2,448,335,000 after acquiring an additional 1,731,411 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in Texas Instruments by 20.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 13,197,863 shares of the semiconductor company’s stock valued at $2,371,657,000 after acquiring an additional 2,257,086 shares during the period. 84.99% of the stock is owned by institutional investors.

Texas Instruments Trading Up 2.2%

Shares of Texas Instruments stock opened at $165.35 on Friday. The company has a quick ratio of 2.90, a current ratio of 4.45 and a debt-to-equity ratio of 0.81. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $221.69. The company has a market capitalization of $150.24 billion, a price-to-earnings ratio of 30.23, a PEG ratio of 3.05 and a beta of 1.02. The firm’s 50-day moving average price is $170.15 and its two-hundred day moving average price is $186.90.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.48. The company had revenue of $4.74 billion during the quarter, compared to the consensus estimate of $4.65 billion. Texas Instruments had a net margin of 29.21% and a return on equity of 30.41%. The firm’s quarterly revenue was up 14.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.44 EPS. Texas Instruments has set its Q4 2025 guidance at 1.130-1.390 EPS. On average, analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st were issued a $1.42 dividend. The ex-dividend date of this dividend was Friday, October 31st. This represents a $5.68 dividend on an annualized basis and a dividend yield of 3.4%. This is a boost from Texas Instruments’s previous quarterly dividend of $1.36. Texas Instruments’s dividend payout ratio (DPR) is 103.84%.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, VP Christine Witzsche sold 1,000 shares of Texas Instruments stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $164.31, for a total value of $164,310.00. Following the transaction, the vice president owned 20,821 shares in the company, valued at $3,421,098.51. The trade was a 4.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Ronald Kirk sold 9,990 shares of Texas Instruments stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $162.33, for a total transaction of $1,621,676.70. Following the sale, the director directly owned 14,937 shares in the company, valued at $2,424,723.21. This trade represents a 40.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.57% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on TXN. The Goldman Sachs Group cut their target price on shares of Texas Instruments from $230.00 to $200.00 and set a “buy” rating for the company in a research note on Wednesday, October 22nd. Robert W. Baird set a $195.00 price objective on Texas Instruments and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Morgan Stanley set a $175.00 target price on Texas Instruments in a research report on Wednesday, October 22nd. Rosenblatt Securities dropped their price target on Texas Instruments from $245.00 to $200.00 and set a “buy” rating for the company in a report on Wednesday, October 22nd. Finally, Mizuho set a $145.00 price objective on Texas Instruments in a report on Wednesday, October 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have assigned a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and an average price target of $191.67.

Texas Instruments Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.