NewEdge Wealth LLC Takes $38.91 Million Position in Texas Instruments Incorporated $TXN

NewEdge Wealth LLC purchased a new position in Texas Instruments Incorporated (NASDAQ:TXN) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 130,552 shares of the semiconductor company’s stock, valued at approximately $38,914,000.

Several other institutional investors have also made changes to their positions in the stock. BlackRock Inc. purchased a new position in Texas Instruments during the second quarter valued at approximately $24,607,313,000. Bank of New York Mellon Corp purchased a new stake in Texas Instruments in the 2nd quarter worth approximately $4,488,666,000. Norges Bank acquired a new stake in shares of Texas Instruments during the 4th quarter valued at $2,516,628,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Texas Instruments during the 2nd quarter valued at $1,205,585,000. Finally, Deutsche Bank AG purchased a new position in shares of Texas Instruments during the 2nd quarter valued at $1,070,947,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Stock Down 1.8%

TXN stock opened at $267.45 on Thursday. The company has a current ratio of 4.86, a quick ratio of 3.44 and a debt-to-equity ratio of 0.72. Texas Instruments Incorporated has a 1 year low of $152.73 and a 1 year high of $334.03. The company has a fifty day simple moving average of $291.88 and a 200 day simple moving average of $258.36. The firm has a market cap of $244.25 billion, a PE ratio of 40.71, a PEG ratio of 1.07 and a beta of 1.33.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 EPS for the quarter, topping the consensus estimate of $1.91 by $0.23. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. The firm had revenue of $5.46 billion for the quarter, compared to the consensus estimate of $5.26 billion. During the same period in the prior year, the business posted $1.41 earnings per share. The business’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. Sell-side analysts anticipate that Texas Instruments Incorporated will post 8.42 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 11th. Stockholders of record on Friday, July 31st were issued a dividend of $1.42 per share. 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 2.1%. Texas Instruments’s dividend payout ratio is currently 86.45%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. upped their price target on shares of Texas Instruments from $280.00 to $340.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Benchmark boosted their target price on Texas Instruments from $315.00 to $360.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Stifel Nicolaus upped their target price on Texas Instruments from $340.00 to $360.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. Rosenblatt Securities raised their price target on Texas Instruments from $330.00 to $350.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Finally, Zacks Research upgraded 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 issued a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $312.12.

About Texas Instruments

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.