Sen. Markwayne Mullin Sells Texas Instruments Incorporated (NASDAQ:TXN) Stock

Senator Markwayne Mullin (R-Oklahoma) recently sold shares of Texas Instruments Incorporated (NASDAQ:TXN). In a filing disclosed on May 12th, the Senator disclosed that they had sold between $15,001 and $50,000 in Texas Instruments stock on April 8th.

Senator Markwayne Mullin also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/8/2025.
• Sold $50,001 – $100,000 in shares of Lam Research (NASDAQ:LRCX) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Chevron (NYSE:CVX) on 4/8/2025.
• Sold $50,001 – $100,000 in shares of Thermo Fisher Scientific (NYSE:TMO) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of ConocoPhillips (NYSE:COP) on 4/8/2025.
• Sold $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/8/2025.
• Sold $15,001 – $50,000 in shares of Adobe (NASDAQ:ADBE) on 4/8/2025.
• Sold $50,001 – $100,000 in shares of Valero Energy (NYSE:VLO) on 4/8/2025.
• Purchased $15,001 – $50,000 in shares of Capital One Financial (NYSE:COF) on 3/19/2025.

Texas Instruments Stock Down 0.5%

Texas Instruments stock opened at $187.34 on Thursday. The company has a market capitalization of $170.19 billion, a P/E ratio of 36.10, a P/E/G ratio of 3.30 and a beta of 0.97. The firm’s fifty day simple moving average is $167.04 and its 200-day simple moving average is $184.86. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $220.39.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.22. The business had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. Texas Instruments’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.10 EPS. Sell-side analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were issued a dividend of $1.36 per share. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.90%. Texas Instruments’s dividend payout ratio is currently 103.23%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on TXN. TD Securities reissued a “hold” rating and set a $160.00 target price on shares of Texas Instruments in a research report on Thursday, April 24th. Cantor Fitzgerald cut their price objective on Texas Instruments from $200.00 to $170.00 and set a “neutral” rating for the company in a research report on Thursday, April 24th. Argus raised Texas Instruments to a “strong-buy” rating in a report on Friday, April 25th. Robert W. Baird raised Texas Instruments from a “neutral” rating to an “outperform” rating and set a $175.00 target price on the stock in a report on Monday, April 7th. Finally, Morgan Stanley reaffirmed an “underweight” rating and issued a $148.00 target price (up previously from $146.00) on shares of Texas Instruments in a report on Thursday, April 24th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $189.41.

Institutional Trading of Texas Instruments

Several institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of Texas Instruments by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 94,020,960 shares of the semiconductor company’s stock valued at $16,895,567,000 after acquiring an additional 453,683 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Texas Instruments by 2.0% during the 1st 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 acquiring an additional 428,356 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Texas Instruments by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 21,554,142 shares of the semiconductor company’s stock valued at $4,032,599,000 after acquiring an additional 267,352 shares in the last quarter. Norges Bank acquired a new stake in shares of Texas Instruments during the 4th quarter valued at about $2,584,490,000. Finally, Invesco Ltd. boosted its position 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 valued at $2,448,335,000 after acquiring an additional 1,731,411 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of the business’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $203.62, for a total value of $1,234,955.30. Following the transaction, the director now directly owns 10,816 shares in the company, valued at $2,202,353.92. The trade was a 35.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the business’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $202.68, for a total transaction of $19,659,960.00. Following the completion of the transaction, the chairman now owns 409,089 shares in the company, valued at approximately $82,914,158.52. This trade represents a 19.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 297,065 shares of company stock worth $59,734,685. Corporate insiders own 0.57% of the company’s stock.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

About Texas Instruments

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.