Russell Investments Group Ltd. lifted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 29.4% during the third quarter, Holdings Channel.com reports. The firm owned 1,302,262 shares of the semiconductor company’s stock after buying an additional 296,138 shares during the quarter. Russell Investments Group Ltd.’s holdings in Texas Instruments were worth $365,007,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently made changes to their positions in the company. Ariadne Wealth Management LP lifted its holdings in shares of Texas Instruments by 3.4% during the third quarter. Ariadne Wealth Management LP now owns 2,651 shares of the semiconductor company’s stock worth $743,000 after buying an additional 87 shares in the last quarter. PBU The Pension Fund of Early Childhood & Youth Educators boosted its position in shares of Texas Instruments by 7.3% in the third quarter. PBU The Pension Fund of Early Childhood & Youth Educators now owns 119,779 shares of the semiconductor company’s stock valued at $33,549,000 after acquiring an additional 8,188 shares during the period. Werba Rubin Papier Wealth Management grew its stake in shares of Texas Instruments by 10.7% in the third quarter. Werba Rubin Papier Wealth Management now owns 1,288 shares of the semiconductor company’s stock valued at $361,000 after acquiring an additional 124 shares in the last quarter. King Luther Capital Management Corp grew its stake in shares of Texas Instruments by 3.2% in the third quarter. King Luther Capital Management Corp now owns 79,735 shares of the semiconductor company’s stock valued at $22,333,000 after acquiring an additional 2,479 shares in the last quarter. Finally, Banyan Capital Management Inc. acquired a new position in shares of Texas Instruments in the third quarter valued at about $594,000. Institutional investors own 84.99% of the company’s stock.
Insider Buying and Selling
In related news, Director Pamela H. Patsley sold 4,532 shares of the stock in a transaction that occurred on Tuesday, October 27th. The shares were sold at an average price of $301.56, for a total transaction of $1,366,669.92. Following the sale, the director owned 34,487 shares in the company, valued at approximately $10,399,899.72. This trade represents a 11.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robert E. Sanchez sold 6,065 shares of Texas Instruments stock in a transaction that occurred on Tuesday, October 27th. The shares were sold at an average price of $302.21, for a total transaction of $1,832,903.65. Following the completion of the transaction, the director directly owned 21,600 shares in the company, valued at $6,527,736. This trade represents a 21.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 27,968 shares of company stock worth $8,236,892. 0.60% of the stock is owned by company insiders.
Key Texas Instruments News
Here’s some of the latest news about TXN:
- Positive Sentiment: Strong quarterly growth: The supplied results show Q3 EPS of $2.62 versus a $2.40 consensus estimate and revenue of $6.06 billion, up 27.7% year over year. That performance supports the growth case behind TXN’s recent momentum. Article: Texas Instruments Stock Price Prediction
- Positive Sentiment: Embedded and industrial AI products: AI features added to the CCStudio development ecosystem are designed to speed embedded software development, while new industrial communication hardware targets factory automation, robotics and IIoT. These offerings could strengthen TXN’s position in long-life industrial applications. Article: Did Agentic AI Tools Just Shift Texas Instruments Investment Narrative?
- Neutral Sentiment: ETF buying offers a demand signal, not a business catalyst: ETFs reportedly added $365.9 million of TXN shares on Monday, indicating institutional fund demand, though this does not by itself establish a change in fundamentals. Article: 42 ETFs Add to Texas Instruments
Texas Instruments Stock Up 0.9%
Shares of NASDAQ TXN opened at $312.48 on Friday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 4.05 and a current ratio of 5.59. Texas Instruments Incorporated has a 52 week low of $152.73 and a 52 week high of $334.03. The stock has a market capitalization of $285.53 billion, a P/E ratio of 40.53, a PEG ratio of 1.52 and a beta of 1.39. The stock’s fifty day moving average is $282.88 and its 200 day moving average is $263.61.
Texas Instruments (NASDAQ:TXN – Get Free Report) last posted its quarterly earnings data on Wednesday, October 21st. The semiconductor company reported $2.62 earnings per share for the quarter, topping the consensus estimate of $2.40 by $0.22. Texas Instruments had a net margin of 34.25% and a return on equity of 40.51%. The business had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.94 billion. During the same quarter in the prior year, the business posted $1.48 earnings per share. Texas Instruments’s revenue was up 27.7% compared to the same quarter last year. Sell-side analysts forecast that Texas Instruments Incorporated will post 8.97 earnings per share for the current fiscal year.
Texas Instruments Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, November 10th. Stockholders of record on Friday, October 30th were given a $1.52 dividend. This represents a $6.08 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Friday, October 30th. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. Texas Instruments’s dividend payout ratio is presently 78.86%.
Wall Street Analyst Weigh In
A number of research firms recently commented on TXN. Barclays raised their price target on shares of Texas Instruments from $250.00 to $280.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 22nd. KeyCorp increased their target price on shares of Texas Instruments from $390.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Wells Fargo & Company decreased their target price 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, October 20th. DZ Bank upgraded shares of Texas Instruments from a “sell” rating to a “hold” rating and set a $300.00 price target for the company in a research report on Wednesday, October 28th. Finally, UBS Group cut their price target on Texas Instruments from $380.00 to $360.00 and set a “buy” rating for the company in a research note on Thursday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $315.37.
Get Our Latest Stock Analysis on TXN
Texas Instruments Company 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.
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