Ritholtz Wealth Management Purchases 2,162 Shares of Texas Instruments Incorporated $TXN

Ritholtz Wealth Management lifted its position in Texas Instruments Incorporated (NASDAQ:TXN) by 15.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,076 shares of the semiconductor company’s stock after acquiring an additional 2,162 shares during the quarter. Ritholtz Wealth Management’s holdings in Texas Instruments were worth $4,503,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. UNIVEST FINANCIAL Corp grew its stake in Texas Instruments by 31.5% during the 3rd quarter. UNIVEST FINANCIAL Corp now owns 1,258 shares of the semiconductor company’s stock valued at $352,000 after acquiring an additional 301 shares in the last quarter. Joel Isaacson & Co. LLC increased its holdings in shares of Texas Instruments by 4.0% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 4,691 shares of the semiconductor company’s stock valued at $1,314,000 after purchasing an additional 181 shares during the period. Jacobi Capital Management LLC lifted its position in shares of Texas Instruments by 0.9% in the third quarter. Jacobi Capital Management LLC now owns 13,747 shares of the semiconductor company’s stock worth $3,850,000 after purchasing an additional 118 shares in the last quarter. Jefferies Financial Group Inc. lifted its position in shares of Texas Instruments by 116.7% in the third quarter. Jefferies Financial Group Inc. now owns 25,350 shares of the semiconductor company’s stock worth $7,100,000 after purchasing an additional 13,652 shares in the last quarter. Finally, First Command Advisory Services Inc. lifted its position in shares of Texas Instruments by 15.4% in the third quarter. First Command Advisory Services Inc. now owns 2,516 shares of the semiconductor company’s stock worth $705,000 after purchasing an additional 335 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Price Performance

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

Texas Instruments (NASDAQ:TXN) last posted its earnings results 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 firm had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.94 billion. Texas Instruments had a net margin of 34.25% and a return on equity of 40.51%. The company’s revenue was up 27.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.48 earnings per share. As a group, research analysts expect that Texas Instruments Incorporated will post 8.97 EPS for the current fiscal year.

Texas Instruments Increases Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages recently commented on TXN. Citigroup reaffirmed a “buy” rating on shares of Texas Instruments in a research report on Thursday, October 22nd. KeyCorp upped their price objective on shares of Texas Instruments from $390.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Wall Street Zen upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Weiss Ratings raised shares of Texas Instruments from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, November 4th. Finally, Jefferies Financial Group lifted their target price on shares of Texas Instruments from $260.00 to $300.00 and gave the company a “hold” rating in a research note on Thursday, October 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $315.37.

More Texas Instruments News

Here’s some of the latest news about TXN:

• 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
• Negative Sentiment: Valuation is a key risk: After a 121.3% three-year return, investors are questioning whether TXN’s current market value is justified by the cash the business can generate. That concern could limit further gains if growth or cash-flow expectations disappoint. Article: Texas Instruments Stock Looks Fully Valued After Fresh Embedded AI News

Insiders Place Their Bets

In related news, Director Robert 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 owned 21,600 shares of the company’s stock, valued at approximately $6,527,736. The trade was a 21.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ronald Kirk sold 6,065 shares of the company’s stock in a transaction on Thursday, October 29th. The stock was sold at an average price of $310.39, for a total transaction of $1,882,515.35. Following the completion of the sale, the director owned 15,462 shares of the company’s stock, valued at $4,799,250.18. This represents a 28.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 27,968 shares of company stock worth $8,236,892 in the last 90 days. 0.60% of the stock is owned by corporate insiders.

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.