Palisade Asset Management LLC Sells 3,976 Shares of Texas Instruments Incorporated $TXN

Palisade Asset Management LLC trimmed its position in Texas Instruments Incorporated (NASDAQ:TXN) by 6.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,147 shares of the semiconductor company’s stock after selling 3,976 shares during the quarter. Texas Instruments accounts for 1.7% of Palisade Asset Management LLC’s portfolio, making the stock its 17th largest position. Palisade Asset Management LLC’s holdings in Texas Instruments were worth $17,407,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TXN. BlackRock Inc. bought a new stake in Texas Instruments in the 2nd quarter valued at $24,607,313,000. Bank of New York Mellon Corp lifted its holdings in shares of Texas Instruments by 33.6% during the 1st quarter. Bank of New York Mellon Corp now owns 16,402,834 shares of the semiconductor company’s stock worth $3,184,446,000 after acquiring an additional 4,129,601 shares during the period. Bank of America Corp DE bought a new position in shares of Texas Instruments during the 2nd quarter worth about $3,700,842,000. Van ECK Associates Corp lifted its holdings in shares of Texas Instruments by 1.5% during the 2nd quarter. Van ECK Associates Corp now owns 12,149,167 shares of the semiconductor company’s stock worth $3,621,302,000 after acquiring an additional 177,511 shares during the period. Finally, Amundi boosted its position in shares of Texas Instruments by 9.0% during the 1st quarter. Amundi now owns 9,064,214 shares of the semiconductor company’s stock valued at $1,759,727,000 after acquiring an additional 752,139 shares in the last quarter. 84.99% of the stock is owned by institutional investors.

Texas Instruments News Summary

Here are the key news stories impacting Texas Instruments this week:

• Positive Sentiment: Zacks Research raised its Texas Instruments earnings estimates across multiple periods and maintained a “Strong-Buy” rating. It now projects EPS of $8.89 for FY2026, $10.78 for FY2027 and $12.33 for FY2028, suggesting improving expectations for earnings growth. Texas Instruments coverage
• Positive Sentiment: TI announced a compact, pre-certified multiprotocol Industrial Ethernet module and an IO-Link master aimed at connected factories. The products expand its industrial communications portfolio, though the announcement’s near-term financial impact is unclear. Product announcement
• Neutral Sentiment: TI priced $2.0 billion in senior unsecured notes to help finance its planned acquisition of Silicon Laboratories and transaction costs. The financing supports the deal but adds debt; investors will likely focus on the acquisition’s eventual returns. Debt and acquisition coverage
• Negative Sentiment: Recent weakness in TXN has been linked to a broad technology selloff and an AMD quantum-computing announcement that rattled analog-chip shares. These appear to be sector sentiment pressures rather than company-specific deterioration. Sector selloff coverage

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Cantor Fitzgerald reissued a “neutral” rating on shares of Texas Instruments in a research note on Tuesday, October 20th. The Goldman Sachs Group restated a “sell” rating and set a $250.00 price target on shares of Texas Instruments in a research note on Thursday, October 22nd. Wells Fargo & Company decreased their price objective on Texas Instruments from $310.00 to $300.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 20th. Wall Street Zen upgraded Texas Instruments from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Finally, TD Cowen lowered their price objective on Texas Instruments from $340.00 to $330.00 and set a “buy” rating on the stock in a research note on Monday, October 19th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $315.37.

Insider Activity

In other news, Director Pamela H. Patsley sold 4,532 shares of Texas Instruments stock in a transaction on Tuesday, October 27th. The stock was sold at an average price of $301.56, for a total value of $1,366,669.92. Following the completion of the sale, the director directly owned 34,487 shares of the company’s stock, valued at approximately $10,399,899.72. This trade represents a 11.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert E. Sanchez sold 6,065 shares of Texas Instruments stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $302.21, for a total value of $1,832,903.65. Following the completion of the sale, the director directly owned 21,600 shares of the company’s stock, valued at $6,527,736. This trade represents a 21.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 27,968 shares of company stock worth $8,236,892. 0.60% of the stock is owned by company insiders.

Texas Instruments Trading Down 0.3%

Shares of NASDAQ TXN opened at $277.36 on Friday. Texas Instruments Incorporated has a 1-year low of $152.73 and a 1-year high of $334.03. The company has a 50-day moving average of $279.06 and a two-hundred day moving average of $261.41. The company has a market cap of $253.44 billion, a PE ratio of 35.97, a P/E/G ratio of 1.36 and a beta of 1.39. 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 results on Wednesday, October 21st. The semiconductor company reported $2.62 EPS for the quarter, beating the consensus estimate of $2.40 by $0.22. Texas Instruments had a net margin of 34.25% and a return on equity of 40.51%. The business had revenue of $6.05 billion for the quarter, compared to analysts’ expectations of $5.94 billion. During the same period in the prior year, the firm earned $1.48 earnings per share. Texas Instruments’s revenue was up 27.7% compared to the same quarter last year. As a group, equities analysts expect that Texas Instruments Incorporated will post 8.97 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 30th will be given a $1.52 dividend. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. The ex-dividend date is Friday, October 30th. This represents a $6.08 annualized dividend and a yield of 2.2%. Texas Instruments’s dividend payout ratio is presently 78.86%.

Texas Instruments Profile

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.