Waverly Advisors LLC Lowers Holdings in Texas Instruments Incorporated $TXN

Waverly Advisors LLC trimmed its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 9.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,967 shares of the semiconductor company’s stock after selling 3,865 shares during the period. Waverly Advisors LLC’s holdings in Texas Instruments were worth $11,615,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. California State Teachers Retirement System lifted its stake in shares of Texas Instruments by 30,012.9% in the 2nd quarter. California State Teachers Retirement System now owns 412,312,183 shares of the semiconductor company’s stock valued at $122,897,892,000 after purchasing an additional 410,942,962 shares during the period. BlackRock Inc. acquired a new stake in Texas Instruments during the second quarter valued at $24,607,313,000. State Street Corp increased its holdings in Texas Instruments by 0.5% in the third quarter. State Street Corp now owns 43,555,112 shares of the semiconductor company’s stock valued at $8,002,381,000 after buying an additional 230,098 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Texas Instruments by 6.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 24,288,604 shares of the semiconductor company’s stock worth $4,213,832,000 after acquiring an additional 1,517,420 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Texas Instruments by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 22,865,312 shares of the semiconductor company’s stock worth $3,952,933,000 after acquiring an additional 248,515 shares in the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, VP Tsedeniya Abraham sold 7,000 shares of Texas Instruments stock in a transaction that occurred on 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 sale, the vice president directly owned 23,181 shares of the company’s stock, valued at $6,134,388.03. The trade was a 23.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on TXN. Zacks Research upgraded Texas Instruments from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. TD Cowen lowered their price target on Texas Instruments from $360.00 to $340.00 and set a “buy” rating on the stock in a research report on Thursday, July 23rd. The Goldman Sachs Group raised their price objective on Texas Instruments from $200.00 to $225.00 and gave the company a “sell” rating in a report on Thursday, July 23rd. Weiss Ratings upgraded Texas Instruments from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, July 28th. Finally, Arete Research set a $405.00 target price on Texas Instruments and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $312.12.

Texas Instruments Stock Up 1.0%

TXN stock opened at $261.59 on Thursday. Texas Instruments Incorporated has a 52 week low of $152.73 and a 52 week high of $334.03. The company has a quick ratio of 3.44, a current ratio of 4.86 and a debt-to-equity ratio of 0.72. The firm has a 50-day simple moving average of $278.12 and a 200-day simple moving average of $262.26. The stock has a market capitalization of $238.90 billion, a P/E ratio of 39.82, a P/E/G ratio of 1.45 and a beta of 1.33.

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

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 11th. Stockholders of record on Friday, July 31st were given a $1.42 dividend. This represents a $5.68 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Friday, July 31st. Texas Instruments’s dividend payout ratio (DPR) is 86.45%.

Texas Instruments Profile

Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures semiconductors used in industrial, automotive, personal electronics, communications equipment and enterprise systems. The company’s portfolio is led by analog chips, which manage power, sensing and signal processing, and embedded processing products, including microcontrollers and processors that control electronic systems.

Texas Instruments also develops products such as data converters, amplifiers, interface and connectivity devices, motor drivers, power-management semiconductors and calculators.