Primecap Management Co. CA Has $2.56 Billion Stake in Texas Instruments Incorporated $TXN

Primecap Management Co. CA decreased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 11.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,334,019 shares of the semiconductor company’s stock after selling 1,657,520 shares during the period. Texas Instruments comprises 2.0% of Primecap Management Co. CA’s portfolio, making the stock its 10th largest holding. Primecap Management Co. CA owned about 1.36% of Texas Instruments worth $2,560,789,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Jennison Associates LLC lifted its stake in shares of Texas Instruments by 35.1% in the 2nd quarter. Jennison Associates LLC now owns 2,992,090 shares of the semiconductor company’s stock worth $621,218,000 after purchasing an additional 777,619 shares during the period. Howard Capital Management Inc. raised its position in Texas Instruments by 11.3% in the second quarter. Howard Capital Management Inc. now owns 26,745 shares of the semiconductor company’s stock worth $5,553,000 after acquiring an additional 2,709 shares during the period. Independent Advisor Alliance boosted its stake in shares of Texas Instruments by 4.8% during the 1st quarter. Independent Advisor Alliance now owns 26,684 shares of the semiconductor company’s stock worth $4,795,000 after acquiring an additional 1,232 shares during the last quarter. Los Angeles Capital Management LLC grew its position in shares of Texas Instruments by 1,064.8% during the 2nd quarter. Los Angeles Capital Management LLC now owns 52,146 shares of the semiconductor company’s stock valued at $10,827,000 after acquiring an additional 47,669 shares during the period. Finally, Amica Retiree Medical Trust increased its stake in shares of Texas Instruments by 10.3% in the 2nd quarter. Amica Retiree Medical Trust now owns 4,543 shares of the semiconductor company’s stock worth $943,000 after purchasing an additional 424 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on TXN shares. DZ Bank reiterated a “sell” rating and set a $158.00 target price on shares of Texas Instruments in a research report on Wednesday, July 23rd. Cantor Fitzgerald lowered their price objective on Texas Instruments from $200.00 to $170.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 22nd. Robert W. Baird set a $195.00 target price on shares of Texas Instruments and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. BNP Paribas upgraded shares of Texas Instruments to a “strong sell” rating in a research note on Wednesday, July 23rd. Finally, UBS Group set a $245.00 price target on shares of Texas Instruments and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Two 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $191.67.

Insider Buying and Selling

In other news, VP Ahmad Bahai sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $205.35, for a total transaction of $308,025.00. Following the sale, the vice president directly owned 38,883 shares of the company’s stock, valued at $7,984,624.05. This represents a 3.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Christine Witzsche sold 1,000 shares of the firm’s stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $164.31, for a total transaction of $164,310.00. Following the completion of the transaction, the vice president directly owned 20,821 shares of the company’s stock, valued at approximately $3,421,098.51. This trade represents a 4.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.57% of the company’s stock.

Texas Instruments Stock Performance

TXN opened at $157.32 on Wednesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.90 and a current ratio of 4.45. The stock has a market capitalization of $142.94 billion, a price-to-earnings ratio of 28.76, a PEG ratio of 3.05 and a beta of 1.02. The company has a fifty day moving average of $173.06 and a 200 day moving average of $187.44. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $221.69.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Tuesday, October 21st. The semiconductor company reported $1.48 EPS for the quarter, meeting the consensus estimate of $1.48. The business 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 business’s revenue was up 14.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.44 EPS. Texas Instruments has set its Q4 2025 guidance at 1.130-1.390 EPS. As a group, sell-side analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 12th. Shareholders of record on Friday, October 31st were issued a dividend of $1.42 per share. The ex-dividend date was Friday, October 31st. This represents a $5.68 annualized dividend and a yield of 3.6%. This is a boost from Texas Instruments’s previous quarterly dividend of $1.36. Texas Instruments’s dividend payout ratio (DPR) is 103.84%.

Texas Instruments Company 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.