Primecap Management Co. CA Invests $2.54 Billion in Texas Instruments Incorporated $TXN

Primecap Management Co. CA bought a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 8,514,989 shares of the semiconductor company’s stock, valued at approximately $2,538,063,000. Texas Instruments makes up 1.5% of Primecap Management Co. CA’s portfolio, making the stock its 14th largest position. Primecap Management Co. CA owned about 0.93% of Texas Instruments at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Strategic Wealth Investment Group LLC bought a new position in Texas Instruments during the second quarter worth about $25,000. Advocate Investing Services LLC bought a new stake in shares of Texas Instruments in the 4th quarter valued at approximately $25,000. Ares Financial Consulting LLC acquired a new position in shares of Texas Instruments in the 4th quarter worth approximately $26,000. Cornerstone Financial Management LLC bought a new position in shares of Texas Instruments during the 4th quarter worth approximately $27,000. Finally, Portus Wealth Advisors LLC acquired a new stake in Texas Instruments in the 1st quarter valued at $27,000. Institutional investors own 84.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on TXN. Sanford C. Bernstein increased their price objective on Texas Instruments from $250.00 to $290.00 and gave the stock a “market perform” rating in a research note on Thursday, July 23rd. Citigroup reiterated a “buy” rating on shares of Texas Instruments in a research report on Tuesday, July 14th. Mizuho boosted their price target on shares of Texas Instruments from $300.00 to $305.00 and gave the company a “neutral” rating in a research report on Thursday, July 23rd. Truist Financial raised their price objective on shares of Texas Instruments from $278.00 to $300.00 and gave the stock a “hold” rating in a report on Thursday, July 23rd. Finally, HC Wainwright downgraded Texas Instruments to a “neutral” rating in a report on Friday, May 22nd. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $312.12.

Texas Instruments Trading Up 0.4%

Shares of NASDAQ TXN opened at $260.05 on Wednesday. Texas Instruments Incorporated has a 1-year low of $152.73 and a 1-year high of $334.03. The company has a market cap of $237.49 billion, a PE ratio of 39.58, a P/E/G ratio of 1.02 and a beta of 1.33. The company has a current ratio of 4.86, a quick ratio of 3.44 and a debt-to-equity ratio of 0.72. The company has a 50-day moving average of $288.51 and a two-hundred day moving average of $259.49.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.23. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. The company had revenue of $5.46 billion for the quarter, compared to analyst estimates of $5.26 billion. During the same period in the prior year, the business earned $1.41 earnings per share. Texas Instruments’s quarterly revenue was up 22.8% on a year-over-year basis. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, equities analysts expect that Texas Instruments Incorporated will post 8.42 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st were issued a dividend of $1.42 per share. The ex-dividend date of this dividend was Friday, July 31st. This represents a $5.68 annualized dividend and a yield of 2.2%. Texas Instruments’s dividend payout ratio is currently 86.45%.

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.