6,787 Shares in Texas Instruments Incorporated $TXN Purchased by BG Investment Services LLC

Key Points

• BG Investment Services purchased 6,787 Texas Instruments shares worth approximately $1.9 million, while institutional investors collectively own 84.99% of TXN.
• Texas Instruments reported strong third-quarter results, with revenue up 27.7% year over year to $6.05 billion and EPS of $2.62, exceeding analyst estimates. Data-center demand and industrial recovery supported the performance, while fourth-quarter guidance also surpassed expectations.
• The company raised its quarterly dividend to $1.52 per share, equivalent to an annualized $6.08 payout and a 2.1% yield; however, analysts remain divided, with a consensus rating of “Hold” and an average price target of $311.39.

BG Investment Services LLC bought a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 6,787 shares of the semiconductor company's stock, valued at approximately $1,901,000.

Several other institutional investors and hedge funds also recently made changes to their positions in TXN. Kilter Group LLC acquired a new stake in Texas Instruments in the second quarter valued at $31,000. Nvwm LLC boosted its stake in Texas Instruments by 550.0% during the 3rd quarter. Nvwm LLC now owns 117 shares of the semiconductor company's stock valued at $33,000 after acquiring an additional 99 shares during the last quarter. Addison Advisors LLC acquired a new position in Texas Instruments during the 2nd quarter worth $38,000. Reyes Financial Architecture Inc. acquired a new position in Texas Instruments during the 3rd quarter worth $36,000. Finally, Caitlin John LLC acquired a new position in Texas Instruments during the 2nd quarter worth $41,000. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Texas Instruments Stock Up 1.9%

TXN stock opened at $284.69 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 5.59 and a quick ratio of 3.44. Texas Instruments Incorporated has a 1-year low of $152.73 and a 1-year high of $334.03. The firm has a fifty day moving average price of $271.98 and a two-hundred day moving average price of $279.47. The firm has a market cap of $259.99 billion, a price-to-earnings ratio of 36.92, a PEG ratio of 1.55 and a beta of 1.35.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its 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. Texas Instruments had a net margin of 34.25% and a return on equity of 40.51%. The company had revenue of $6.05 billion for the quarter, compared to analysts' expectations of $5.94 billion. During the same period in the prior year, the company earned $1.48 earnings per share. The firm's revenue was up 27.7% compared to the same quarter last year. Research analysts predict that Texas Instruments Incorporated will post 8.79 EPS for the current year.

Texas Instruments Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 30th will be given a dividend of $1.52 per share. The ex-dividend date of this dividend is Friday, October 30th. This represents a $6.08 dividend on an annualized basis and a dividend yield of 2.1%. This is a boost from Texas Instruments's previous quarterly dividend of $1.42. Texas Instruments's payout ratio is currently 73.67%.

Key Stories Impacting Texas Instruments

Here are the key news stories impacting Texas Instruments this week:

• Positive Sentiment: Texas Instruments reported third-quarter revenue of approximately $6.06 billion, up 28% year over year, while EPS increased 77% to $2.62 and exceeded consensus expectations. Industrial, analog and data-center demand drove the results, with data-center revenue reportedly rising 95%. TXN Q3 Earnings Beat Estimates on Strong Analog, Data Center Demand
• Positive Sentiment: Management’s fourth-quarter revenue guidance, with a midpoint of about $6.05 billion, came in well above analyst expectations. Capacity expansion and broader cyclical recovery could support longer-term revenue, margins and cash flow. TXN Q3 Deep Dive: Industrial and Data Center Growth Drive Outlook Upgrade
• Positive Sentiment: Analyst sentiment strengthened: Zacks upgraded TXN to Rank #1, Freedom Broker raised its rating to Buy with a $330 target, and JPMorgan lifted its target to $365 while maintaining an Overweight rating. Texas Instruments Upgraded to Strong Buy
• Positive Sentiment: New chips for AI data centers—including power-monitoring, high-voltage distribution and timing components—give TXN additional exposure to data-center infrastructure growth. Texas Instruments Debuts Industry First Chips for AI Data Centers
• Neutral Sentiment: Unusual call-option activity and comparisons with Micron indicate bullish trading interest, although Micron was viewed as having stronger AI-driven growth and a lower valuation. Micron vs. Texas Instruments
• Negative Sentiment: TXN’s premium valuation remains a risk if the industrial recovery or AI infrastructure spending slows. Mizuho lowered its target to $290 and kept a Neutral rating, highlighting limited near-term upside. Mizuho Texas Instruments Rating

Insider Buying and Selling at Texas Instruments

In related news, VP Tsedeniya Abraham sold 7,000 shares of the 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 sale, the vice president owned 23,181 shares in the company, valued at $6,134,388.03. This represents a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on TXN. Barclays boosted their target price on shares of Texas Instruments from $250.00 to $280.00 and gave the stock an "equal weight" rating in a research report on Thursday. Susquehanna reaffirmed a "positive" rating on shares of Texas Instruments in a research report on Thursday. Wells Fargo & Company decreased their price target on Texas Instruments from $310.00 to $300.00 and set an "equal weight" rating for the company in a research note on Tuesday, October 20th. Benchmark boosted their price objective on Texas Instruments from $315.00 to $360.00 and gave the company a "buy" rating in a report on Thursday, July 23rd. Finally, Wall Street Zen raised Texas Instruments from a "hold" rating to a "buy" rating in a report on Saturday, July 18th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $311.39.

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.

Want to see what other hedge funds are holding TXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Instruments Incorporated (NASDAQ:TXN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.