Texas Instruments Incorporated $TXN Holdings Trimmed by M&G PLC

M&G PLC lowered its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 40.1% in the third quarter, HoldingsChannel.com reports. The firm owned 4,928 shares of the semiconductor company’s stock after selling 3,295 shares during the quarter. M&G PLC’s holdings in Texas Instruments were worth $1,380,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Kestra Investment Management LLC lifted its position in Texas Instruments by 151.2% during the 3rd quarter. Kestra Investment Management LLC now owns 11,395 shares of the semiconductor company’s stock valued at $3,192,000 after purchasing an additional 6,858 shares during the period. AlphaCore Capital LLC boosted its stake in shares of Texas Instruments by 315.8% in the 3rd quarter. AlphaCore Capital LLC now owns 41,955 shares of the semiconductor company’s stock valued at $11,751,000 after purchasing an additional 31,864 shares during the last quarter. Retirement Systems of Alabama boosted its stake in shares of Texas Instruments by 33.1% in the 3rd quarter. Retirement Systems of Alabama now owns 453,937 shares of the semiconductor company’s stock valued at $127,143,000 after purchasing an additional 112,941 shares during the last quarter. Fulcrum Asset Management LLP grew its position in shares of Texas Instruments by 3.1% during the 3rd quarter. Fulcrum Asset Management LLP now owns 6,153 shares of the semiconductor company’s stock worth $1,733,000 after buying an additional 186 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its position in shares of Texas Instruments by 3.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 266,088 shares of the semiconductor company’s stock worth $74,853,000 after buying an additional 7,646 shares during the period. Institutional investors own 84.99% of the company’s stock.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Ronald Kirk sold 6,065 shares of Texas Instruments stock in a transaction dated Thursday, October 29th. The stock was sold at an average price of $310.39, for a total transaction of $1,882,515.35. Following the transaction, the director directly owned 15,462 shares in the company, valued at approximately $4,799,250.18. The trade was a 28.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Janet Clark sold 4,306 shares of the stock in a transaction that occurred on Tuesday, October 27th. The stock was sold at an average price of $302.46, for a total value of $1,302,392.76. Following the sale, the director directly owned 11,341 shares of the company’s stock, valued at approximately $3,430,198.86. The trade was a 27.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 27,968 shares of company stock worth $8,236,892 in the last three months. 0.60% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

TXN has been the subject of a number of recent research reports. Wall Street Zen raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Zacks Research raised shares of Texas Instruments from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 22nd. Freedom Broker raised shares of Texas Instruments from a “hold” rating to a “buy” rating and raised their price objective for the company from $260.00 to $330.00 in a research note on Thursday, October 22nd. Morgan Stanley lifted their target price on shares of Texas Instruments from $255.00 to $278.00 and gave the stock an “underweight” rating in a report on Thursday, October 22nd. Finally, Mizuho dropped their target price on shares of Texas Instruments from $305.00 to $290.00 and set a “neutral” rating for the company in a research report on Thursday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $315.37.

Texas Instruments Price Performance

Shares of TXN opened at $309.81 on Thursday. The stock has a market cap of $283.10 billion, a P/E ratio of 40.18, a price-to-earnings-growth ratio of 1.48 and a beta of 1.39. Texas Instruments Incorporated has a 1 year low of $152.73 and a 1 year high of $334.03. The stock’s 50-day moving average price is $281.72 and its two-hundred day moving average price is $263.03. The company has a current ratio of 5.59, a quick ratio of 4.05 and a debt-to-equity ratio of 0.67.

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

Texas Instruments Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 10th. Investors of record on Friday, October 30th were paid a dividend of $1.52 per share. This represents a $6.08 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Friday, October 30th. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. Texas Instruments’s dividend payout ratio (DPR) is 78.86%.

Latest Texas Instruments News

These are some of the TXN news items that stood out recently:

• 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 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.