Texas Instruments Incorporated $TXN Shares Sold by Convergence Financial LLC

Convergence Financial LLC decreased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 53.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 2,048 shares of the semiconductor company’s stock after selling 2,336 shares during the quarter. Convergence Financial LLC’s holdings in Texas Instruments were worth $573,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. William Mack & Associates Inc. bought a new stake in Texas Instruments during the third quarter worth about $79,000. Great Lakes Retirement Inc. grew its stake in Texas Instruments by 1.3% during the third quarter. Great Lakes Retirement Inc. now owns 13,380 shares of the semiconductor company’s stock worth $3,748,000 after buying an additional 172 shares in the last quarter. Generali Asset Management SPA SGR increased its holdings in Texas Instruments by 1.5% in the 3rd quarter. Generali Asset Management SPA SGR now owns 61,889 shares of the semiconductor company’s stock valued at $17,334,000 after buying an additional 889 shares during the period. Jacobsen Capital Management increased its holdings in Texas Instruments by 6.4% in the 3rd quarter. Jacobsen Capital Management now owns 1,379 shares of the semiconductor company’s stock valued at $386,000 after buying an additional 83 shares during the period. Finally, Asset Management One Co. Ltd. increased its holdings in Texas Instruments by 1.4% in the 3rd quarter. Asset Management One Co. Ltd. now owns 429,202 shares of the semiconductor company’s stock valued at $120,215,000 after buying an additional 6,128 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analysts Set New Price Targets

TXN has been the subject of several analyst reports. The Goldman Sachs Group restated a “sell” rating and issued a $250.00 target price on shares of Texas Instruments in a research report on Thursday, October 22nd. Truist Financial set a $305.00 price objective on shares of Texas Instruments in a research report on Thursday, October 22nd. TD Cowen cut their target price on Texas Instruments from $340.00 to $330.00 and set a “buy” rating for the company in a research note on Monday, October 19th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Texas Instruments in a report on Tuesday, October 20th. Finally, Arete Research decreased their price target on Texas Instruments from $405.00 to $381.00 and set a “buy” rating on the stock in a research note on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twelve have given a Hold rating and two 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 target price of $315.37.

Texas Instruments News Summary

Here are the key news stories impacting Texas Instruments this week:

• Positive Sentiment: Strong earnings and revenue growth support the stock. Texas Instruments reported third-quarter revenue of approximately $6.06 billion, up 27.7% year over year, and earnings per share of $2.62, exceeding the $2.40 consensus estimate. Management forecast fourth-quarter revenue of $5.80 billion to $6.30 billion and EPS of $2.45 to $2.79, suggesting continued demand across industrial, automotive and data-center markets. Earnings Beat Might Change Texas Instruments Stock Narrative
• Positive Sentiment: Profitability improved materially. Third-quarter gross margin rose to 64.2%, compared with 57.4% a year earlier and 61.4% in the prior quarter, as higher sales and factory utilization boosted operating leverage. TXN’s Gross Margin Crosses 64% in Q3
• Positive Sentiment: Institutional demand is a supportive signal. ETFs reportedly purchased about $37 million of TXN shares on Monday, while 41 ETFs added the stock on October 27, potentially providing incremental buying pressure. ETFs Bought $37.0 Million of Texas Instruments
• Neutral Sentiment: Analyst sentiment is broadly constructive but not decisive. Brokerage ratings point toward buying TXN, although such recommendations can be overly optimistic. DZ Bank upgraded the shares from “sell” to “hold,” but set a $300 price target, below the recent trading level. DZ Bank Texas Instruments Rating
• Negative Sentiment: Valuation and cash-flow expectations remain concerns. With TXN trading at a high earnings multiple, investors are questioning whether future free cash flow can justify the stock’s price, particularly as the company continues investing heavily in manufacturing capacity. Can Texas Instruments Justify Its Price On Future Cash Flow?
• Negative Sentiment: Director selling adds a modest cautionary signal. Three directors sold a combined 14,903 shares at prices near $302, reducing their individual holdings by roughly 12% to 28%. The transactions may reflect personal portfolio decisions, but could weigh on sentiment near the stock’s highs.
• Negative Sentiment: Sector risks remain. Weak guidance from NXP Semiconductor renewed concerns about automotive-chip demand and pressured portions of the semiconductor group, including Texas Instruments. Soft Guidance Revives Auto Chip Worries

Texas Instruments Price Performance

Shares of TXN opened at $312.94 on Friday. Texas Instruments Incorporated has a 12-month low of $152.73 and a 12-month high of $334.03. The business has a 50-day simple moving average of $274.96 and a two-hundred day simple moving average of $258.21. The company has a quick ratio of 4.05, a current ratio of 5.59 and a debt-to-equity ratio of 0.67. The stock has a market cap of $285.96 billion, a PE ratio of 40.59, a PEG ratio of 1.54 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, beating the consensus estimate of $2.40 by $0.22. Texas Instruments had a return on equity of 40.51% and a net margin of 34.25%. The firm had revenue of $6.05 billion during the quarter, compared to the consensus estimate of $5.94 billion. During the same period last year, the company earned $1.48 earnings per share. The business’s quarterly revenue was up 27.7% on a year-over-year basis. Analysts anticipate that Texas Instruments Incorporated will post 8.89 earnings per share for the current fiscal 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 paid a $1.52 dividend. 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 1.9%. The ex-dividend date of this dividend is Friday, October 30th. Texas Instruments’s payout ratio is currently 78.86%.

Insider Transactions at Texas Instruments

In related news, Director Pamela Patsley sold 4,532 shares of the firm’s stock in a transaction that occurred on Tuesday, October 27th. The shares were sold at an average price of $301.56, for a total value of $1,366,669.92. Following the completion of the transaction, the director owned 34,487 shares in the company, valued at $10,399,899.72. This trade represents a 11.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Tsedeniya Abraham sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $264.63, for a total transaction of $1,852,410.00. Following the completion of the transaction, the vice president owned 23,181 shares of the company’s stock, valued at approximately $6,134,388.03. This trade represents a 23.19% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 21,903 shares of company stock worth $6,354,376. 0.60% of the stock is owned by corporate insiders.

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.