Wesbanco Bank Inc. Sells 2,645 Shares of Texas Instruments Incorporated $TXN

Wesbanco Bank Inc. reduced its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 1.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 141,796 shares of the semiconductor company’s stock after selling 2,645 shares during the period. Texas Instruments accounts for approximately 0.8% of Wesbanco Bank Inc.’s investment portfolio, making the stock its 27th biggest position. Wesbanco Bank Inc.’s holdings in Texas Instruments were worth $27,528,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of TXN. State Street Corp boosted its holdings in shares of Texas Instruments by 0.5% during the 3rd quarter. State Street Corp now owns 43,555,112 shares of the semiconductor company’s stock worth $8,002,381,000 after buying an additional 230,098 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Texas Instruments by 6.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 24,288,604 shares of the semiconductor company’s stock valued at $4,213,832,000 after acquiring an additional 1,517,420 shares during the period. Geode Capital Management LLC raised its holdings in Texas Instruments by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 22,865,312 shares of the semiconductor company’s stock valued at $3,952,933,000 after acquiring an additional 248,515 shares during the period. Invesco Ltd. lifted its position in Texas Instruments by 10.6% during the fourth quarter. Invesco Ltd. now owns 18,184,514 shares of the semiconductor company’s stock worth $3,154,831,000 after acquiring an additional 1,749,513 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its position in Texas Instruments by 0.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 15,813,193 shares of the semiconductor company’s stock worth $2,743,432,000 after acquiring an additional 137,735 shares during the last quarter. 84.99% of the stock is owned by institutional investors.

Analyst Ratings Changes

TXN has been the topic of several research reports. Weiss Ratings raised Texas Instruments from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Rosenblatt Securities lifted their price target on Texas Instruments from $240.00 to $330.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. The Goldman Sachs Group boosted their price target on Texas Instruments from $175.00 to $200.00 and gave the company a “sell” rating in a research note on Thursday, April 23rd. Wolfe Research reaffirmed an “outperform” rating and issued a $315.00 price objective on shares of Texas Instruments in a report on Thursday, April 23rd. Finally, Wells Fargo & Company increased their price objective on Texas Instruments from $260.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $273.04.

Texas Instruments Stock Down 8.5%

Shares of TXN opened at $285.42 on Friday. Texas Instruments Incorporated has a 12 month low of $152.73 and a 12 month high of $334.03. The firm’s 50 day moving average is $292.12 and its 200-day moving average is $230.92. The stock has a market capitalization of $259.76 billion, a PE ratio of 48.87, a P/E/G ratio of 1.56 and a beta of 1.32. 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 (NASDAQ:TXN) last released its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.37 by $0.31. The company had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.85 billion. Texas Instruments had a net margin of 29.11% and a return on equity of 32.49%. The firm’s quarterly revenue was up 18.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.23 earnings per share. Texas Instruments has set its Q2 2026 guidance at 1.770-2.050 EPS. Equities research analysts forecast that Texas Instruments Incorporated will post 7.66 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 19th. Shareholders of record on Tuesday, May 5th were issued a $1.42 dividend. The ex-dividend date of this dividend was Tuesday, May 5th. This represents a $5.68 annualized dividend and a yield of 2.0%. Texas Instruments’s payout ratio is currently 97.26%.

Insider Activity

In other news, VP Shanon J. Leonard sold 4,963 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of $295.22, for a total transaction of $1,465,176.86. Following the sale, the vice president directly owned 24,867 shares of the company’s stock, valued at approximately $7,341,235.74. This represents a 16.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Haviv Ilan sold 20,000 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was 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 owned 204,339 shares in the company, valued at $57,280,308.48. The trade was a 8.92% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 303,475 shares of company stock worth $85,666,638. 0.60% of the stock is owned by insiders.

Texas Instruments Company Profile

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.