Texas Instruments Incorporated $TXN Stock Bought by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc grew its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 160.3% during the third quarter, HoldingsChannel.com reports. The firm owned 5,256 shares of the semiconductor company’s stock after acquiring an additional 3,237 shares during the quarter. Fragasso Financial Advisors Inc’s holdings in Texas Instruments were worth $1,491,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of Texas Instruments during the 2nd quarter worth $24,607,313,000. Invesco Ltd. lifted its position in shares of Texas Instruments by 10.6% during the 4th quarter. Invesco Ltd. now owns 18,184,514 shares of the semiconductor company’s stock worth $3,154,831,000 after buying an additional 1,749,513 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Texas Instruments by 33.6% in the first quarter. Bank of New York Mellon Corp now owns 16,402,834 shares of the semiconductor company’s stock valued at $3,184,446,000 after buying an additional 4,129,601 shares in the last quarter. Bank of America Corp DE acquired a new position in Texas Instruments during the second quarter worth about $3,700,842,000. Finally, Van ECK Associates Corp lifted its holdings in shares of Texas Instruments by 1.5% in the second quarter. Van ECK Associates Corp now owns 12,149,167 shares of the semiconductor company’s stock worth $3,621,302,000 after acquiring an additional 177,511 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, VP Tsedeniya Abraham sold 7,000 shares of the firm’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 transaction, the vice president directly owned 23,181 shares in the company, valued at approximately $6,134,388.03. This trade represents a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.60% of the stock is owned by insiders.

Texas Instruments Stock Up 1.6%

Shares of TXN traded up $4.41 during trading hours on Tuesday, reaching $286.15. 1,938,695 shares of the stock traded hands, compared to its average volume of 7,536,792. Texas Instruments Incorporated has a 52 week low of $152.73 and a 52 week high of $334.03. The stock has a fifty day simple moving average of $271.79 and a 200 day simple moving average of $274.54. 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 market cap of $261.32 billion, a price-to-earnings ratio of 43.53, a PEG ratio of 1.59 and a beta of 1.35.

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

Texas Instruments Increases Dividend

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on TXN shares. Cantor Fitzgerald reiterated a “neutral” rating and set a $300.00 price target (up from $280.00) on shares of Texas Instruments in a report on Wednesday, September 9th. UBS Group restated a “buy” rating and issued a $380.00 price target (up from $350.00) on shares of Texas Instruments in a research report on Thursday, July 23rd. Rosenblatt Securities upped their target price on Texas Instruments from $330.00 to $350.00 and gave the company a “buy” rating in a report on Friday, July 24th. Truist Financial lifted their price objective on Texas Instruments from $278.00 to $300.00 and gave the stock a “hold” rating in a research report on Thursday, July 23rd. Finally, TD Cowen reduced their price objective on shares of Texas Instruments from $360.00 to $340.00 and set a “buy” rating for the company in a research report on Thursday, July 23rd. Sixteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $304.26.

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.