Legal & General Group Plc Acquires Shares of 6,435,660 Texas Instruments Incorporated $TXN

Legal & General Group Plc acquired a new stake in Texas Instruments Incorporated (NASDAQ:TXN) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 6,435,660 shares of the semiconductor company’s stock, valued at approximately $1,918,277,000. Legal & General Group Plc owned approximately 0.70% of Texas Instruments at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of TXN. Swiss Life Asset Management Ltd increased its holdings in shares of Texas Instruments by 10.1% in the 4th quarter. Swiss Life Asset Management Ltd now owns 555,199 shares of the semiconductor company’s stock valued at $96,321,000 after acquiring an additional 50,808 shares during the last quarter. Contravisory Investment Management Inc. purchased a new stake in Texas Instruments during the second quarter worth approximately $1,493,000. K.J. Harrison & Partners Inc acquired a new position in Texas Instruments in the fourth quarter valued at approximately $1,735,000. Thrivent Financial for Lutherans boosted its holdings in Texas Instruments by 126.0% in the fourth quarter. Thrivent Financial for Lutherans now owns 150,454 shares of the semiconductor company’s stock valued at $26,114,000 after purchasing an additional 83,884 shares in the last quarter. Finally, RNC Capital Management LLC purchased a new position in Texas Instruments in the fourth quarter valued at approximately $2,751,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Stock Performance

NASDAQ TXN opened at $258.94 on Tuesday. The business has a 50 day moving average price of $289.42 and a 200 day moving average price of $259.23. The company has a market capitalization of $236.48 billion, a P/E ratio of 39.41, a PEG ratio of 1.04 and a beta of 1.33. Texas Instruments Incorporated has a 1-year low of $152.73 and a 1-year high of $334.03. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.86 and a quick ratio of 3.44.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $1.91 by $0.23. The company had revenue of $5.46 billion for 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%.Texas Instruments’s quarterly revenue was up 22.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.41 earnings per share. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. Sell-side analysts expect that Texas Instruments Incorporated will post 8.42 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 $1.42 dividend. The ex-dividend date was Friday, July 31st. This represents a $5.68 annualized dividend and a dividend yield of 2.2%. Texas Instruments’s payout ratio is currently 86.45%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on TXN. Morgan Stanley boosted their price objective on shares of Texas Instruments from $230.00 to $255.00 and gave the stock an “underweight” rating in a research report on Thursday, July 23rd. Bank of America raised their target price on shares of Texas Instruments from $320.00 to $370.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Rosenblatt Securities boosted their target price on Texas Instruments from $330.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Wells Fargo & Company increased their target price on Texas Instruments from $300.00 to $310.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. Finally, Susquehanna raised their price target on Texas Instruments from $300.00 to $340.00 and gave the company a “positive” rating in a report on Tuesday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, Texas Instruments presently has an average rating of “Moderate Buy” and a consensus price target of $312.12.

Texas Instruments Profile

Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.

TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.