Texas Instruments Incorporated $TXN Stock Sold by Grove Bank & Trust

Grove Bank & Trust reduced its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 38.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,086 shares of the semiconductor company’s stock after selling 2,582 shares during the quarter. Grove Bank & Trust’s holdings in Texas Instruments were worth $1,144,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. HBW Advisory Services LLC increased its position in Texas Instruments by 2.2% during the first quarter. HBW Advisory Services LLC now owns 1,730 shares of the semiconductor company’s stock valued at $336,000 after acquiring an additional 37 shares during the last quarter. Montz Harcus Wealth Management LLC raised its stake in Texas Instruments by 2.9% during the 1st quarter. Montz Harcus Wealth Management LLC now owns 1,338 shares of the semiconductor company’s stock worth $260,000 after acquiring an additional 38 shares during the period. Livforsakringsbolaget Skandia Omsesidigt raised its position in shares of Texas Instruments by 0.6% during the 1st quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 5,960 shares of the semiconductor company’s stock valued at $1,157,000 after purchasing an additional 38 shares during the period. Moody National Bank Trust Division lifted its position in shares of Texas Instruments by 0.6% in the third quarter. Moody National Bank Trust Division now owns 6,063 shares of the semiconductor company’s stock valued at $1,698,000 after acquiring an additional 39 shares in the last quarter. Finally, Absher Wealth Management LLC lifted its holdings in Texas Instruments by 1.0% in the 1st quarter. Absher Wealth Management LLC now owns 4,223 shares of the semiconductor company’s stock worth $820,000 after purchasing an additional 42 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Down 0.3%

Shares of NASDAQ:TXN traded down $0.78 on Thursday, reaching $288.20. The company had a trading volume of 5,938,555 shares, compared to its average volume of 7,603,748. The firm has a market capitalization of $263.20 billion, a PE ratio of 43.87, a PEG ratio of 1.66 and a beta of 1.35. The company has a current ratio of 4.86, a quick ratio of 3.44 and a debt-to-equity ratio of 0.72. Texas Instruments Incorporated has a 52-week low of $152.73 and a 52-week high of $334.03. The firm’s 50 day simple moving average is $271.37 and its 200-day simple moving average is $273.26.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.91 by $0.23. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%.The company had revenue of $5.46 billion for the quarter, compared to the consensus estimate of $5.26 billion. During the same quarter last year, the company earned $1.41 earnings per share. The firm’s revenue for the quarter was up 22.8% compared to the same quarter last year. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, analysts expect that Texas Instruments Incorporated will post 8.45 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 30th will be given a dividend of $1.52 per share. The ex-dividend date of this dividend is Friday, October 30th. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 dividend on an annualized basis and a yield of 2.1%. Texas Instruments’s dividend payout ratio is currently 86.45%.

Analysts Set New Price Targets

Several brokerages have commented on TXN. Rosenblatt Securities boosted their price target on shares of Texas Instruments from $330.00 to $350.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Zacks Research downgraded Texas Instruments from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 21st. Morgan Stanley boosted their target price on Texas Instruments from $230.00 to $255.00 and gave the company an “underweight” rating in a research report on Thursday, July 23rd. Stifel Nicolaus boosted their target price on shares of Texas Instruments from $340.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Finally, Wells Fargo & Company increased their price objective on Texas Instruments from $300.00 to $310.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. Sixteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $304.26.

Insiders Place Their Bets

In other Texas Instruments news, VP Tsedeniya Abraham sold 7,000 shares of Texas Instruments stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $264.63, for a total value of $1,852,410.00. Following the transaction, the vice president directly owned 23,181 shares of the company’s stock, valued at approximately $6,134,388.03. The trade was a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.60% of the stock is currently owned by company 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.