Sequoia Financial Advisors LLC Boosts Stock Holdings in Texas Instruments Incorporated $TXN

Sequoia Financial Advisors LLC boosted its position in Texas Instruments Incorporated (NASDAQ:TXNFree Report) by 4.8% during the second quarter, Holdings Channel.com reports. The fund owned 57,763 shares of the semiconductor company’s stock after purchasing an additional 2,655 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Texas Instruments were worth $17,217,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of TXN. Strategic Wealth Investment Group LLC purchased a new stake in Texas Instruments during the 2nd quarter worth $25,000. Advocate Investing Services LLC purchased a new stake in Texas Instruments during the 4th quarter worth approximately $25,000. Cornerstone Financial Management LLC acquired a new stake in Texas Instruments in the fourth quarter valued at $27,000. Portus Wealth Advisors LLC acquired a new stake in shares of Texas Instruments in the 1st quarter valued at about $27,000. Finally, Quattro Advisors LLC acquired a new stake in Texas Instruments during the fourth quarter valued at approximately $27,000. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on TXN shares. Morgan Stanley increased their target price on shares of Texas Instruments from $230.00 to $255.00 and gave the stock an “underweight” rating in a report on Thursday, July 23rd. Weiss Ratings raised Texas Instruments from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, July 28th. Wells Fargo & Company raised their price objective on shares of Texas Instruments from $300.00 to $310.00 and gave the company an “equal weight” rating in a research note on Thursday, July 23rd. Zacks Research raised shares of Texas Instruments from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Finally, TD Cowen reduced their price objective on Texas Instruments from $360.00 to $340.00 and set a “buy” rating for the company in a research note on Thursday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $312.12.

Check Out Our Latest Report on TXN

Insider Transactions at Texas Instruments

In other Texas Instruments news, VP Tsedeniya Abraham sold 7,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the vice president directly owned 23,181 shares of the company’s stock, valued at $6,134,388.03. The trade was a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.60% of the stock is owned by company insiders.

Texas Instruments Trading Down 1.1%

Texas Instruments stock opened at $258.82 on Friday. Texas Instruments Incorporated has a 12 month low of $152.73 and a 12 month high of $334.03. The company has a quick ratio of 3.44, a current ratio of 4.86 and a debt-to-equity ratio of 0.72. The stock has a market cap of $236.37 billion, a P/E ratio of 39.39, a P/E/G ratio of 1.46 and a beta of 1.33. The company’s fifty day simple moving average is $277.44 and its 200-day simple moving average is $262.53.

Texas Instruments (NASDAQ:TXNGet Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.91 by $0.23. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%.The business had revenue of $5.46 billion during the quarter, compared to analyst estimates of $5.26 billion. During the same period last year, the company earned $1.41 earnings per share. Texas Instruments’s quarterly revenue 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, sell-side analysts forecast that Texas Instruments Incorporated will post 8.45 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

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

Texas Instruments Company Profile

(Free Report)

Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures semiconductors used in industrial, automotive, personal electronics, communications equipment and enterprise systems. The company’s portfolio is led by analog chips, which manage power, sensing and signal processing, and embedded processing products, including microcontrollers and processors that control electronic systems.

Texas Instruments also develops products such as data converters, amplifiers, interface and connectivity devices, motor drivers, power-management semiconductors and calculators.

Further Reading

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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