N10 Assets LLC bought a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 21,321 shares of the semiconductor company’s stock, valued at approximately $5,972,000. Texas Instruments comprises about 2.2% of N10 Assets LLC’s holdings, making the stock its 18th largest position.
Several other institutional investors have also bought and sold shares of TXN. BlackRock Inc. bought a new position in shares of Texas Instruments during the second quarter valued at about $24,607,313,000. Bank of New York Mellon Corp purchased a new position in Texas Instruments during the second quarter worth about $4,488,666,000. Bank of America Corp DE bought a new stake in Texas Instruments in the 2nd quarter worth about $3,700,842,000. Primecap Management Co. CA purchased a new stake in Texas Instruments in the 2nd quarter valued at about $2,538,063,000. Finally, Legal & General Group Plc purchased a new stake in Texas Instruments in the 2nd quarter valued at about $1,918,277,000. Institutional investors own 84.99% of the company’s stock.
Insider Buying and Selling at Texas Instruments
In related news, VP Tsedeniya Abraham sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $264.63, for a total value of $1,852,410.00. Following the completion of the sale, the vice president owned 23,181 shares in the company, valued at $6,134,388.03. The trade was a 23.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.60% of the company’s stock.
Texas Instruments Price Performance
Texas Instruments (NASDAQ:TXN – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share (EPS) for the quarter, topping 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 company had revenue of $5.46 billion during the quarter, compared to the consensus estimate of $5.26 billion. During the same period in the previous year, the firm posted $1.41 EPS. The firm’s revenue was up 22.8% compared to the same quarter last year. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, equities research 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 a boost from Texas Instruments’s previous quarterly dividend of $1.42. The ex-dividend date is Friday, October 30th. This represents a $6.08 annualized dividend and a dividend yield of 2.2%. Texas Instruments’s dividend payout ratio is currently 86.45%.
Wall Street Analyst Weigh In
TXN has been the topic of several research analyst reports. JPMorgan Chase & Co. boosted their price objective on Texas Instruments from $280.00 to $340.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. KeyCorp raised their target price on Texas Instruments from $390.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Rosenblatt Securities lifted their target price on Texas Instruments from $330.00 to $350.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Wells Fargo & Company lifted their target price on Texas Instruments from $300.00 to $310.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. Finally, Sanford C. Bernstein boosted their price target on shares of Texas Instruments from $250.00 to $290.00 and gave the stock a “market perform” rating in a report on Thursday, July 23rd. Sixteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Texas Instruments has an average rating of “Hold” and an average price target of $304.26.
Get Our Latest Stock Analysis on TXN
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.
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