Texas Instruments Incorporated $TXN Shares Bought by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc lifted its position in Texas Instruments Incorporated (NASDAQ:TXN) by 160.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,256 shares of the semiconductor company’s stock after acquiring an additional 3,237 shares during the period. Fragasso Financial Advisors Inc’s holdings in Texas Instruments were worth $1,491,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TXN. BlackRock Inc. purchased a new stake in shares of Texas Instruments during the second quarter worth $24,607,313,000. Invesco Ltd. lifted its holdings in Texas Instruments by 10.6% in the 4th quarter. Invesco Ltd. now owns 18,184,514 shares of the semiconductor company’s stock worth $3,154,831,000 after purchasing an additional 1,749,513 shares during the last quarter. Bank of New York Mellon Corp lifted 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 worth $3,184,446,000 after buying an additional 4,129,601 shares during the last quarter. Bank of America Corp DE bought a new stake in Texas Instruments during the second quarter valued at about $3,700,842,000. Finally, Van ECK Associates Corp increased its position in Texas Instruments by 1.5% in the 2nd quarter. Van ECK Associates Corp now owns 12,149,167 shares of the semiconductor company’s stock worth $3,621,302,000 after buying an additional 177,511 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Trading Up 1.6%

Shares of NASDAQ:TXN traded up $4.41 during trading on Tuesday, hitting $286.15. 1,938,695 shares of the company’s stock were exchanged, compared to its average volume of 7,536,792. The firm has a 50-day moving average price of $271.79 and a two-hundred day moving average price of $274.54. The firm has a market cap of $261.32 billion, a P/E ratio of 43.53, a PEG ratio of 1.59 and a beta of 1.35. 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.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $5.26 billion. During the same quarter in the previous year, the company earned $1.41 earnings per share. The business’s revenue for the quarter was up 22.8% on a year-over-year basis. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. Equities analysts predict that Texas Instruments Incorporated will post 8.45 earnings per share for the current year.

Texas Instruments Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 30th will be given a dividend of $1.52 per share. This is an increase from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, October 30th. Texas Instruments’s payout ratio is currently 86.45%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on TXN shares. TD Cowen dropped their price objective on shares of Texas Instruments from $360.00 to $340.00 and set a “buy” rating on the stock in a report on Thursday, July 23rd. Robert W. Baird boosted their price target on shares of Texas Instruments from $300.00 to $385.00 and gave the company an “outperform” rating in a report on Thursday, July 23rd. Stifel Nicolaus lifted their target price on shares of Texas Instruments from $340.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. KeyCorp raised their price target on shares of Texas Instruments from $390.00 to $400.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Finally, Mizuho upped their target price on shares of Texas Instruments from $300.00 to $305.00 and gave the stock a “neutral” rating in a report on Thursday, July 23rd. Sixteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, Texas Instruments presently has a consensus rating of “Hold” and a consensus price target of $304.26.

Insider Activity at Texas Instruments

In other Texas Instruments news, VP Tsedeniya Abraham sold 7,000 shares of Texas Instruments 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 directly 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 filing with the Securities & Exchange Commission, which is accessible through this link. 0.60% of the stock is currently owned by corporate insiders.

About Texas Instruments

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.