Texas Instruments Incorporated $TXN Stock: Maryland State Retirement & Pension System Raises Stake

Maryland State Retirement & Pension System grew its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 13.9% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 55,898 shares of the semiconductor company’s stock after acquiring an additional 6,839 shares during the period. Maryland State Retirement & Pension System’s holdings in Texas Instruments were worth $15,656,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Putney Financial Group LLC bought a new position in shares of Texas Instruments in the third quarter worth $28,000. Scarborough Advisors LLC bought a new position in Texas Instruments in the first quarter valued at $29,000. Creative Capital Management Investments LLC raised its position in Texas Instruments by 167.5% during the third quarter. Creative Capital Management Investments LLC now owns 107 shares of the semiconductor company’s stock valued at $30,000 after purchasing an additional 67 shares in the last quarter. Kilter Group LLC bought a new stake in Texas Instruments during the second quarter worth about $31,000. Finally, Main Street Group LTD bought a new stake in Texas Instruments during the first quarter worth about $32,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Insider Activity

In related news, Director Robert E. Sanchez sold 6,065 shares of the company’s stock in a transaction that occurred on Tuesday, October 27th. The stock was sold at an average price of $302.21, for a total transaction of $1,832,903.65. Following the completion of the transaction, the director owned 21,600 shares in the company, valued at $6,527,736. This represents a 21.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Janet F. Clark sold 4,306 shares of the firm’s stock in a transaction dated Tuesday, October 27th. The stock was sold at an average price of $302.46, for a total transaction of $1,302,392.76. Following the completion of the sale, the director directly owned 11,341 shares of the company’s stock, valued at approximately $3,430,198.86. This represents a 27.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 27,968 shares of company stock valued at $8,236,892. 0.60% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on TXN shares. Weiss Ratings upgraded Texas Instruments from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, November 4th. Wall Street Zen upgraded Texas Instruments from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Truist Financial set a $305.00 target price on Texas Instruments in a research note on Thursday, October 22nd. Susquehanna reaffirmed a “positive” rating on shares of Texas Instruments in a research note on Thursday, October 22nd. Finally, Citigroup reissued a “buy” rating on shares of Texas Instruments in a research note on Thursday, October 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $315.37.

Texas Instruments News Summary

Here’s some of the latest news about TXN:

• Positive Sentiment: ETFs bought about $365.9 million of TXN shares on Monday, a potentially supportive signal of institutional demand. ETFs had sold $228.8 million on Nov. 6, so recent flows have been mixed. Article: 42 ETFs Add to Texas Instruments
• Positive Sentiment: TI added agentic AI features to its CCStudio development ecosystem, including a tool designed to cut compatible-device software migration from months to days. The tools could make TI platforms more attractive to engineers by reducing development time and cost. Article: TI adds agentic AI to CCStudio
• Neutral Sentiment: TXN has been attracting elevated investor attention, but the “trending stock” coverage does not identify a new company announcement or change to its outlook. Article: TXN is a trending stock

Texas Instruments Stock Performance

NASDAQ TXN opened at $309.81 on Thursday. The company has a 50-day simple moving average of $281.72 and a two-hundred day simple moving average of $263.03. The company has a quick ratio of 4.05, a current ratio of 5.59 and a debt-to-equity ratio of 0.67. Texas Instruments Incorporated has a 12-month low of $152.73 and a 12-month high of $334.03. The firm has a market cap of $283.10 billion, a price-to-earnings ratio of 40.18, a PEG ratio of 1.48 and a beta of 1.39.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Wednesday, October 21st. The semiconductor company reported $2.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.40 by $0.22. The firm had revenue of $6.05 billion for the quarter, compared to analysts’ expectations of $5.94 billion. Texas Instruments had a return on equity of 40.51% and a net margin of 34.25%. The company’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same period last year, the firm earned $1.48 earnings per share. On average, equities analysts forecast that Texas Instruments Incorporated will post 8.97 EPS for the current year.

Texas Instruments Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 10th. Investors of record on Friday, October 30th were paid a $1.52 dividend. The ex-dividend date of this dividend was Friday, October 30th. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 annualized dividend and a dividend yield of 2.0%. Texas Instruments’s payout ratio is presently 78.86%.

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.