Texas Instruments Incorporated $TXN Stock Bought by Summit Global Investments

Summit Global Investments boosted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 42.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 8,307 shares of the semiconductor company’s stock after buying an additional 2,456 shares during the period. Summit Global Investments’ holdings in Texas Instruments were worth $2,327,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Scarborough Advisors LLC bought a new stake in shares of Texas Instruments during the 1st quarter worth approximately $29,000. Creative Capital Management Investments LLC grew its position in Texas Instruments by 167.5% in the 3rd quarter. Creative Capital Management Investments LLC now owns 107 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 67 shares during the last quarter. Kilter Group LLC bought a new position in Texas Instruments in the 2nd quarter valued at $31,000. Main Street Group LTD purchased a new stake in Texas Instruments in the first quarter worth $32,000. Finally, Nvwm LLC increased its stake in Texas Instruments by 550.0% in the third quarter. Nvwm LLC now owns 117 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 99 shares during the period. 84.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on TXN. The Goldman Sachs Group reiterated a “sell” rating and set a $250.00 price objective on shares of Texas Instruments in a report on Thursday, October 22nd. Mizuho decreased their price objective on Texas Instruments from $305.00 to $290.00 and set a “neutral” rating for the company in a research note on Thursday, October 22nd. Evercore restated an “outperform” rating and issued a $330.00 target price (up from $316.00) on shares of Texas Instruments in a research note on Thursday, July 23rd. KeyCorp boosted their price target on Texas Instruments from $390.00 to $400.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Finally, Wells Fargo & Company cut their target price on Texas Instruments from $310.00 to $300.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 20th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $315.37.

Key Texas Instruments News

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

• Positive Sentiment: Strong quarterly performance supports the investment case. Texas Instruments reported approximately $6.06 billion in revenue, up 27.7% year over year, while EPS of $2.62 exceeded the $2.40 consensus estimate. The company also guided for fourth-quarter revenue of $5.80 billion to $6.30 billion and EPS of $2.45 to $2.79. Texas Instruments Reports Revenue Growth
• Positive Sentiment: Dividend growth and ETF buying provide support. TXN raised its quarterly dividend to $1.52 from $1.42, equivalent to $6.08 annually and a yield of roughly 1.9%. Reports also indicated that ETFs bought about $37 million of shares on October 26, while 41 ETFs added TXN on October 27. Texas Instruments Dividend Comparison
• Neutral Sentiment: Analyst views are constructive but cautious. DZ Bank raised TXN to “Hold,” with a $300 price target. The broader analyst consensus remains “Moderate Buy,” although several firms maintain neutral, underweight or sell ratings and valuation targets vary widely. DZ Bank Raises Texas Instruments to Hold
• Negative Sentiment: Valuation is making investors question further upside. Articles from Trefis and Yahoo Finance focus on whether TXN’s elevated earnings multiple can be justified by future free cash flow, particularly as the company continues investing heavily in manufacturing capacity. Should You Buy Texas Instruments Stock Now or Wait?
• Negative Sentiment: Multiple directors sold shares. Directors Janet Clark, Robert Sanchez and Pamela Patsley sold a combined 14,903 shares near $302 per share, reducing their individual holdings by approximately 12% to 28%. Although these transactions may reflect personal financial decisions, they add a cautionary signal while TXN trades near its highs. Texas Instruments Insider Selling

Insiders Place Their Bets

In other news, Director Janet Clark sold 4,306 shares of the company’s stock in a transaction that occurred on Tuesday, October 27th. The stock was sold at an average price of $302.46, for a total transaction of $1,302,392.76. Following the completion of the transaction, the director directly owned 11,341 shares of the company’s stock, valued at $3,430,198.86. This represents a 27.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Tsedeniya Abraham sold 7,000 shares of the company’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $264.63, for a total transaction of $1,852,410.00. Following the transaction, the vice president owned 23,181 shares of the company’s stock, valued at $6,134,388.03. This represents a 23.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 27,968 shares of company stock valued at $8,236,892. 0.60% of the stock is owned by insiders.

Texas Instruments Stock Performance

Shares of TXN stock opened at $300.84 on Friday. The stock has a market cap of $274.90 billion, a PE ratio of 39.02, a price-to-earnings-growth ratio of 1.49 and a beta of 1.35. The business has a 50-day simple moving average of $275.66 and a 200-day simple moving average of $258.76. 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 52-week low of $152.73 and a 52-week high of $334.03.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 EPS for the quarter, topping analysts’ consensus estimates of $2.40 by $0.22. The firm had revenue of $6.05 billion for the quarter, compared to the consensus estimate 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 was up 27.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.48 earnings per share. On average, equities analysts expect that Texas Instruments Incorporated will post 8.89 EPS for the current year.

Texas Instruments Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 30th will be paid a $1.52 dividend. The ex-dividend date is Friday, October 30th. This represents a $6.08 annualized dividend and a dividend yield of 2.0%. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. Texas Instruments’s dividend payout ratio (DPR) is presently 73.67%.

Texas Instruments Company 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.