Okabena Investment Services Inc. Takes $1.40 Million Position in Texas Instruments Incorporated $TXN

Okabena Investment Services Inc. purchased a new position in Texas Instruments Incorporated (NASDAQ:TXNFree Report) during the second quarter, HoldingsChannel reports. The firm purchased 4,711 shares of the semiconductor company’s stock, valued at approximately $1,404,000.

Several other large investors also recently modified their holdings of TXN. BlackRock Inc. bought a new position in Texas Instruments in the second quarter valued at about $24,607,313,000. Bank of New York Mellon Corp bought a new stake in shares of Texas Instruments during the 2nd quarter valued at about $4,488,666,000. Norges Bank purchased a new stake in shares of Texas Instruments during the 4th quarter valued at about $2,516,628,000. Bank of America Corp DE purchased a new stake in shares of Texas Instruments during the 2nd quarter valued at about $3,700,842,000. Finally, Primecap Management Co. CA bought a new position in shares of Texas Instruments in the 2nd quarter worth approximately $2,538,063,000. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Down 3.0%

TXN stock opened at $258.64 on Friday. The business’s 50-day moving average price is $285.30 and its 200-day moving average price is $260.06. The stock has a market cap of $236.20 billion, a P/E ratio of 39.37, a PEG ratio of 1.01 and a beta of 1.33. 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 Incorporated has a twelve month low of $152.73 and a twelve month high of $334.03.

Texas Instruments (NASDAQ:TXNGet Free Report) last released 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 net margin of 31.11% and a return on equity of 35.77%. The company had revenue of $5.46 billion during the quarter, compared to analyst estimates of $5.26 billion. During the same period in the prior year, the firm posted $1.41 EPS. The firm’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. On average, equities research analysts forecast that Texas Instruments Incorporated will post 8.42 EPS for the current year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 11th. Stockholders of record on Friday, July 31st were paid a $1.42 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.2%. Texas Instruments’s dividend payout ratio is 86.45%.

Analyst Upgrades and Downgrades

TXN has been the topic of a number of research reports. Susquehanna raised their price objective on shares of Texas Instruments from $300.00 to $340.00 and gave the stock a “positive” rating in a report on Tuesday, July 21st. Arete Research set a $405.00 price target on shares of Texas Instruments and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Mizuho lifted their price target on shares of Texas Instruments from $300.00 to $305.00 and gave the stock a “neutral” rating in a research note on Thursday, July 23rd. Sanford C. Bernstein boosted their price objective on shares of Texas Instruments from $250.00 to $290.00 and gave the company a “market perform” rating in a research report on Thursday, July 23rd. Finally, Bank of America upped their price objective on Texas Instruments from $320.00 to $370.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, Texas Instruments currently has an average rating of “Moderate Buy” and an average price target of $312.12.

Get Our Latest Analysis on TXN

Texas Instruments Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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