Texas Instruments Incorporated $TXN is Drystone LLC’s 6th Largest Position

Drystone LLC cut its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 11.0% in the second quarter, HoldingsChannel.com reports. The fund owned 28,460 shares of the semiconductor company’s stock after selling 3,508 shares during the period. Texas Instruments makes up about 7.0% of Drystone LLC’s investment portfolio, making the stock its 6th biggest position. Drystone LLC’s holdings in Texas Instruments were worth $8,483,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TXN. BlackRock Inc. purchased a new position in Texas Instruments in the 2nd quarter valued at about $24,607,313,000. State Street Corp increased its stake in Texas Instruments by 0.5% during the 3rd quarter. State Street Corp now owns 43,555,112 shares of the semiconductor company’s stock worth $8,002,381,000 after buying an additional 230,098 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Texas Instruments by 6.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 24,288,604 shares of the semiconductor company’s stock valued at $4,213,832,000 after acquiring an additional 1,517,420 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Texas Instruments by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 22,865,312 shares of the semiconductor company’s stock valued at $3,952,933,000 after acquiring an additional 248,515 shares during the last quarter. Finally, Invesco Ltd. lifted its position in shares of Texas Instruments by 10.6% in the fourth quarter. Invesco Ltd. now owns 18,184,514 shares of the semiconductor company’s stock valued at $3,154,831,000 after acquiring an additional 1,749,513 shares in the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, VP Tsedeniya Abraham sold 7,000 shares of the firm’s stock in a transaction dated 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 sale, the vice president directly owned 23,181 shares in the company, valued at approximately $6,134,388.03. This trade represents a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.60% of the company’s stock.

Texas Instruments Stock Performance

Shares of Texas Instruments stock opened at $258.44 on Friday. The business’s 50 day moving average price is $280.18 and its 200 day moving average price is $261.22. The company has a market cap of $236.02 billion, a price-to-earnings ratio of 39.34, a PEG ratio of 1.45 and a beta of 1.33. The company has a debt-to-equity ratio of 0.72, a quick ratio of 3.44 and a current ratio of 4.86. Texas Instruments Incorporated has a one year low of $152.73 and a one year high of $334.03.

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

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 11th. Investors of record on Friday, July 31st were issued a $1.42 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.2%. Texas Instruments’s dividend payout ratio is currently 86.45%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on TXN shares. Citigroup reaffirmed a “buy” rating on shares of Texas Instruments in a research note on Tuesday, July 14th. Sanford C. Bernstein raised their price objective on Texas Instruments from $250.00 to $290.00 and gave the company a “market perform” rating in a report on Thursday, July 23rd. Mizuho lifted their target price on shares of Texas Instruments from $300.00 to $305.00 and gave the stock a “neutral” rating in a research note on Thursday, July 23rd. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $340.00 target price on shares of Texas Instruments in a research note on Monday, August 17th. Finally, Zacks Research raised shares of Texas Instruments from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $312.12.

Texas Instruments Profile

Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.

TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.