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

MBL Wealth LLC boosted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 166.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Texas Instruments during the 2nd quarter worth approximately $24,607,313,000. Bank of New York Mellon Corp raised its stake in shares of 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 purchasing an additional 4,129,601 shares in the last quarter. Bank of America Corp DE acquired a new position in shares of Texas Instruments in the second quarter valued at $3,700,842,000. Van ECK Associates Corp raised its stake 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 valued at $3,621,302,000 after purchasing an additional 177,511 shares in the last quarter. Finally, Amundi raised its stake in shares of Texas Instruments by 9.0% in the first quarter. Amundi now owns 9,064,214 shares of the semiconductor company’s stock valued at $1,759,727,000 after purchasing an additional 752,139 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Activity

In other news, VP Tsedeniya Abraham sold 7,000 shares of the business’s stock in a transaction 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 sale, the vice president owned 23,181 shares in the company, valued at approximately $6,134,388.03. The trade was a 23.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on TXN shares. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Texas Instruments in a research report on Tuesday. Citigroup reissued a “buy” rating on shares of Texas Instruments in a report on Thursday. Jefferies Financial Group increased their price objective on shares of Texas Instruments from $260.00 to $300.00 and gave the company a “hold” rating in a research note on Thursday. Barclays raised their price objective on shares of Texas Instruments from $250.00 to $280.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, Evercore reiterated an “outperform” rating and set a $330.00 target price (up from $316.00) on shares of Texas Instruments in a research report on Thursday, July 23rd. Sixteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $311.39.

Key Headlines Impacting Texas Instruments

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 Trading Down 1.8%

Shares of TXN opened at $279.50 on Friday. Texas Instruments Incorporated has a 1 year low of $152.73 and a 1 year high of $334.03. 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 stock has a 50 day simple moving average of $271.88 and a 200-day simple moving average of $279.43. The stock has a market cap of $255.25 billion, a PE ratio of 42.54, a PEG ratio of 1.59 and a beta of 1.35.

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

Texas Instruments Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 30th will be issued a dividend of $1.52 per share. The ex-dividend date of this dividend is Friday, October 30th. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 dividend on an annualized basis and a dividend yield of 2.2%. Texas Instruments’s dividend payout ratio (DPR) is 86.45%.

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.