Texas Capital Bank Wealth Management Services Inc lifted its position in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 76.4% in the fourth quarter, Holdings Channel reports. The firm owned 9,397 shares of the semiconductor company’s stock after buying an additional 4,069 shares during the period. Texas Capital Bank Wealth Management Services Inc’s holdings in Texas Instruments were worth $1,630,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of TXN. Amundi boosted its holdings in shares of Texas Instruments by 61.0% in the third quarter. Amundi now owns 9,445,243 shares of the semiconductor company’s stock valued at $1,717,240,000 after purchasing an additional 3,580,147 shares during the period. Invesco Ltd. boosted its holdings in shares of Texas Instruments by 16.8% in the third quarter. Invesco Ltd. now owns 16,435,001 shares of the semiconductor company’s stock valued at $3,019,603,000 after purchasing an additional 2,366,695 shares during the period. Van ECK Associates Corp boosted its holdings in shares of Texas Instruments by 21.8% in the third quarter. Van ECK Associates Corp now owns 9,134,203 shares of the semiconductor company’s stock valued at $1,678,227,000 after purchasing an additional 1,635,870 shares during the period. Marshall Wace LLP purchased a new stake in Texas Instruments during the third quarter worth $282,492,000. Finally, Corient Private Wealth LLC lifted its holdings in Texas Instruments by 94.9% during the second quarter. Corient Private Wealth LLC now owns 2,517,451 shares of the semiconductor company’s stock worth $522,559,000 after buying an additional 1,225,524 shares during the period. Hedge funds and other institutional investors own 84.99% of the company’s stock.
Texas Instruments Stock Performance
Shares of TXN stock opened at $317.45 on Thursday. The business’s fifty day simple moving average is $246.04 and its 200-day simple moving average is $209.82. The company has a market cap of $288.91 billion, a PE ratio of 54.36, a PEG ratio of 1.63 and a beta of 1.31. The company has a current ratio of 4.46, a quick ratio of 2.94 and a debt-to-equity ratio of 0.77. Texas Instruments Incorporated has a 12-month low of $152.73 and a 12-month high of $331.51.
Texas Instruments Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 19th. Stockholders of record on Tuesday, May 5th were given a dividend of $1.42 per share. The ex-dividend date of this dividend was Tuesday, May 5th. This represents a $5.68 dividend on an annualized basis and a dividend yield of 1.8%. Texas Instruments’s dividend payout ratio is presently 97.26%.
Trending Headlines about Texas Instruments
Here are the key news stories impacting Texas Instruments this week:
- Positive Sentiment: Bank of America raised its price target on Texas Instruments to $370 from $320 and kept a Buy rating, citing meaningful upside from data center power demand and AI-related growth.
- Positive Sentiment: Seaport Research upgraded TXN to Buy and said rising power needs in data centers, along with increasing electrical intensity per rack, could boost demand for Texas Instruments’ analog and power chips.
- Positive Sentiment: Recent articles highlighted TXN as a key beneficiary of the AI power buildout, including its work on 800V power distribution for next-generation data centers, which could support longer-term revenue and margin growth.
- Positive Sentiment: Investors continue to focus on TXN’s strong Q1 earnings beat and upbeat Q2 guidance, which reinforced confidence that demand from data centers and industrial customers is holding up well.
Insider Buying and Selling at Texas Instruments
In related news, VP Mark T. Roberts sold 28,080 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $280.34, for a total value of $7,871,947.20. Following the transaction, the vice president directly owned 53,809 shares of the company’s stock, valued at $15,084,815.06. This represents a 34.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Haviv Ilan sold 20,000 shares of the company’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $280.32, for a total value of $5,606,400.00. Following the completion of the transaction, the chief executive officer directly owned 204,339 shares in the company, valued at approximately $57,280,308.48. The trade was a 8.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 303,475 shares of company stock valued at $85,666,638. Corporate insiders own 0.60% of the company’s stock.
Wall Street Analysts Forecast Growth
TXN has been the subject of a number of analyst reports. Rosenblatt Securities upped their target price on Texas Instruments from $240.00 to $330.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Morgan Stanley restated an “underweight” rating and set a $180.00 target price on shares of Texas Instruments in a report on Wednesday, January 28th. Cantor Fitzgerald upped their target price on Texas Instruments from $280.00 to $300.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. DZ Bank upgraded Texas Instruments to a “strong sell” rating in a report on Monday, February 9th. Finally, JPMorgan Chase & Co. upped their target price on Texas Instruments from $227.00 to $280.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $265.57.
Check Out Our Latest Analysis on TXN
About Texas Instruments
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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