Glenview Trust Co Purchases New Stake in Texas Instruments Incorporated $TXN

Glenview Trust Co acquired a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 6,539 shares of the semiconductor company’s stock, valued at approximately $1,949,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in shares of Texas Instruments during the second quarter worth $24,607,313,000. Bank of New York Mellon Corp acquired a new stake in Texas Instruments during the second quarter worth about $4,488,666,000. Norges Bank acquired a new stake in Texas Instruments during the fourth quarter worth about $2,516,628,000. Bank of America Corp DE bought a new position in Texas Instruments in the second quarter worth about $3,700,842,000. Finally, Primecap Management Co. CA acquired a new position in Texas Instruments in the second quarter valued at approximately $2,538,063,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Stock Performance

Shares of TXN opened at $258.64 on Friday. The firm has a market capitalization of $236.20 billion, a PE ratio of 39.37, a P/E/G ratio of 1.05 and a beta of 1.33. The company has a quick ratio of 3.44, a current ratio of 4.86 and a debt-to-equity ratio of 0.72. The firm has a 50-day moving average price of $285.30 and a 200 day moving average price of $260.06. 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 quarterly earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share 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 analyst estimates of $5.26 billion. During the same period in the prior year, the business posted $1.41 EPS. The business’s revenue for the quarter 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. On average, sell-side analysts anticipate that Texas Instruments Incorporated will post 8.42 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have recently weighed in on TXN. Wall Street Zen upgraded Texas Instruments from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Benchmark upped their price objective on Texas Instruments from $315.00 to $360.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Arete Research set a $405.00 target price on Texas Instruments and gave the stock a “buy” rating in a research report on Wednesday, July 29th. HC Wainwright downgraded shares of Texas Instruments to a “neutral” rating in a report on Friday, May 22nd. Finally, TD Cowen lowered their price target on shares of Texas Instruments from $360.00 to $340.00 and set a “buy” rating for the company in a research report on Thursday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, Texas Instruments has a consensus rating of “Moderate Buy” and an average 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.