2,736 Texas Instruments Incorporated $TXN Shares Acquired by MBL Wealth LLC

MBL Wealth LLC increased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 166.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,376 shares of the semiconductor company’s stock after acquiring an additional 2,736 shares during the period. MBL Wealth LLC’s holdings in Texas Instruments were worth $1,226,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of TXN. BlackRock Inc. bought a new position in Texas Instruments in the 2nd quarter valued at $24,607,313,000. 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 worth $3,184,446,000 after purchasing an additional 4,129,601 shares in the last quarter. Bank of America Corp DE acquired a new position in Texas Instruments in the second quarter worth $3,700,842,000. Van ECK Associates Corp boosted its stake in 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 purchasing an additional 177,511 shares in the last quarter. Finally, Amundi grew its holdings in shares of Texas Instruments by 9.0% during the first quarter. Amundi now owns 9,064,214 shares of the semiconductor company’s stock worth $1,759,727,000 after purchasing an additional 752,139 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Evercore restated an “outperform” rating and issued a $330.00 target price (up from $316.00) on shares of Texas Instruments in a research note on Thursday, July 23rd. Freedom Broker raised Texas Instruments from a “hold” rating to a “buy” rating and lifted their price target for the company from $260.00 to $330.00 in a report on Thursday. Wells Fargo & Company reduced their price target on shares of Texas Instruments from $310.00 to $300.00 and set an “equal weight” rating on the stock in a research report on Tuesday. Susquehanna reissued a “positive” rating on shares of Texas Instruments in a report on Thursday. Finally, Citigroup restated a “buy” rating on shares of Texas Instruments in a research report on Thursday. Sixteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Texas Instruments has a consensus rating of “Hold” and an average target price of $311.39.

Texas Instruments Stock Down 1.8%

Shares of TXN opened at $279.50 on Friday. The firm has a market capitalization of $255.25 billion, a price-to-earnings ratio of 42.54, a PEG ratio of 1.59 and a beta of 1.35. The company has a debt-to-equity ratio of 0.72, a quick ratio of 3.44 and a current ratio of 4.86. The business’s fifty day moving average price is $271.88 and its two-hundred day moving average price is $279.43. Texas Instruments Incorporated has a 52 week low of $152.73 and a 52 week high of $334.03.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 EPS for the quarter, beating the consensus estimate of $2.40 by $0.22. The company had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.94 billion. Texas Instruments had a return on equity of 41.79% and a net margin of 34.25%. The business’s revenue for the quarter was up 27.7% on a year-over-year basis. During the same period last year, the firm earned $1.48 EPS. On average, analysts predict that Texas Instruments Incorporated will post 8.49 earnings per share for the current year.

Texas Instruments Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 30th will be issued a $1.52 dividend. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, October 30th. Texas Instruments’s dividend payout ratio (DPR) is 86.45%.

Insider Transactions at Texas Instruments

In related news, VP Tsedeniya Abraham sold 7,000 shares of the firm’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 transaction, the vice president owned 23,181 shares in the company, valued at $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 is available at the SEC website. 0.60% of the stock is currently owned by corporate insiders.

Texas Instruments News Summary

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

• Positive Sentiment: Q3 results exceeded expectations: Revenue rose 27.7% year over year to $6.06 billion, while EPS reached $2.62 versus the $2.40 consensus estimate. Net income increased 78% to $2.43 billion, supported by broad-based growth in industrial, automotive and data-center markets. Texas Instruments third-quarter financial results
• Positive Sentiment: Data-center demand is accelerating: Data-center revenue grew 95% year over year, while industrial demand reached a record level. Management also highlighted improving factory utilization and capacity expansion aimed at supporting long-term cash-flow growth. Texas Instruments key takeaways
• Positive Sentiment: Forecasts and analyst views improved: Fourth-quarter revenue guidance was reportedly above Wall Street expectations, and JPMorgan, Stifel, Rosenblatt and Freedom Broker raised their price targets, with targets ranging from $330 to $370. Texas Instruments earnings call highlights
• Neutral Sentiment: Options activity increased: Traders purchased 19,194 TXN call options, approximately 7% above average daily call volume, indicating heightened interest but not necessarily a sustained change in fundamentals.
• Negative Sentiment: Strong results were not enough to overcome valuation concerns: With TXN trading at a high earnings multiple, investors may have expected an even stronger outlook. Analysts noted that share performance could continue to lag business results if expectations remain elevated. Texas Instruments valuation analysis
• Negative Sentiment: Analyst opinion remains divided: Mizuho lowered its price target to $290 and kept a neutral rating, while Wells Fargo also maintained a cautious stance. This signals that some investors view much of the recovery as already reflected in the stock.

Texas Instruments Profile

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.