Texas Instruments Incorporated $TXN Stock Purchased by Summit Global Investments

Summit Global Investments raised its position in Texas Instruments Incorporated (NASDAQ:TXN) by 42.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,307 shares of the semiconductor company’s stock after purchasing an additional 2,456 shares during the quarter. Summit Global Investments’ holdings in Texas Instruments were worth $2,327,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Contravisory Investment Management Inc. acquired a new stake in shares of Texas Instruments in the second quarter valued at $1,493,000. Diversify Advisory Services LLC raised its holdings in Texas Instruments by 122.1% in the third quarter. Diversify Advisory Services LLC now owns 24,545 shares of the semiconductor company’s stock valued at $6,851,000 after acquiring an additional 13,495 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of Texas Instruments in the 2nd quarter valued at $1,962,000. Ieq Capital LLC acquired a new stake in Texas Instruments in the second quarter valued at $17,709,000. Finally, Liontrust Investment Partners LLP acquired a new stake in shares of Texas Instruments during the 1st quarter worth about $13,056,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $300.84 on Friday. The stock has a market cap of $274.90 billion, a PE ratio of 39.02, a price-to-earnings-growth ratio of 1.49 and a beta of 1.35. The business’s fifty day moving average price is $275.66 and its two-hundred day moving average price is $258.76. Texas Instruments Incorporated has a one year low of $152.73 and a one year high of $334.03. 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 (NASDAQ:TXN) last released 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 company had revenue of $6.05 billion for the quarter, compared to analyst estimates of $5.94 billion. Texas Instruments had a net margin of 34.25% and a return on equity of 40.51%. The firm’s quarterly revenue was up 27.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.48 EPS. On average, analysts forecast that Texas Instruments Incorporated will post 8.89 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The firm 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. This represents a $6.08 annualized dividend and a yield of 2.0%. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. The ex-dividend date is Friday, October 30th. Texas Instruments’s dividend payout ratio (DPR) is currently 73.67%.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Ronald Kirk sold 6,065 shares of the business’s stock in a transaction dated 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 approximately $4,799,250.18. The trade was a 28.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Tsedeniya Abraham sold 7,000 shares of the business’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $264.63, for a total value of $1,852,410.00. Following the sale, the vice president owned 23,181 shares of the company’s stock, valued at $6,134,388.03. The trade was a 23.19% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 27,968 shares of company stock worth $8,236,892. 0.60% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. UBS Group dropped their price target on shares of Texas Instruments from $380.00 to $360.00 and set a “buy” rating on the stock in a research note on Thursday, October 22nd. Susquehanna reiterated a “positive” rating on shares of Texas Instruments in a research note on Thursday, October 22nd. DZ Bank upgraded Texas Instruments from a “sell” rating to a “hold” rating and set a $300.00 target price on the stock in a research note on Wednesday. Sanford C. Bernstein boosted their price target on shares of Texas Instruments from $250.00 to $290.00 and gave the stock a “market perform” rating in a research note on Thursday, July 23rd. Finally, Citigroup reaffirmed a “buy” rating on shares of Texas Instruments in a report on Thursday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $315.37.

More Texas Instruments News

Here are the key news stories impacting Texas Instruments this week:

• Positive Sentiment: Strong quarterly performance supports the investment case. Texas Instruments reported approximately $6.06 billion in revenue, up 27.7% year over year, while EPS of $2.62 exceeded the $2.40 consensus estimate. The company also guided for fourth-quarter revenue of $5.80 billion to $6.30 billion and EPS of $2.45 to $2.79. Texas Instruments Reports Revenue Growth
• Positive Sentiment: Dividend growth and ETF buying provide support. TXN raised its quarterly dividend to $1.52 from $1.42, equivalent to $6.08 annually and a yield of roughly 1.9%. Reports also indicated that ETFs bought about $37 million of shares on October 26, while 41 ETFs added TXN on October 27. Texas Instruments Dividend Comparison
• Neutral Sentiment: Analyst views are constructive but cautious. DZ Bank raised TXN to “Hold,” with a $300 price target. The broader analyst consensus remains “Moderate Buy,” although several firms maintain neutral, underweight or sell ratings and valuation targets vary widely. DZ Bank Raises Texas Instruments to Hold
• Negative Sentiment: Valuation is making investors question further upside. Articles from Trefis and Yahoo Finance focus on whether TXN’s elevated earnings multiple can be justified by future free cash flow, particularly as the company continues investing heavily in manufacturing capacity. Should You Buy Texas Instruments Stock Now or Wait?
• Negative Sentiment: Multiple directors sold shares. Directors Janet Clark, Robert Sanchez and Pamela Patsley sold a combined 14,903 shares near $302 per share, reducing their individual holdings by approximately 12% to 28%. Although these transactions may reflect personal financial decisions, they add a cautionary signal while TXN trades near its highs. Texas Instruments Insider Selling

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.