Assenagon Asset Management S.A. Buys 808,395 Shares of Texas Instruments Incorporated $TXN

Key Points

• Assenagon Asset Management increased its Texas Instruments stake by 54.9% in the second quarter, buying 808,395 shares to reach 2.28 million shares valued at approximately $679.9 million. Institutional investors collectively own 84.99% of TXN.
• Texas Instruments surpassed quarterly expectations, reporting $2.14 in EPS and $5.46 billion in revenue, with revenue rising 22.8% year over year. The company also declared a quarterly dividend of $1.42 per share, equivalent to a 2.0% annualized yield.
• Analyst sentiment is mixed: several firms raised their ratings or price targets, but the consensus remains “Hold” with a $312.12 target. The stock’s elevated valuation and broader semiconductor-sector weakness remain key risks.

Assenagon Asset Management S.A. increased its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 54.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,280,953 shares of the semiconductor company's stock after buying an additional 808,395 shares during the period. Texas Instruments accounts for approximately 0.8% of Assenagon Asset Management S.A.'s investment portfolio, making the stock its 15th biggest holding. Assenagon Asset Management S.A. owned about 0.25% of Texas Instruments worth $679,884,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. HBW Advisory Services LLC increased its position in shares of Texas Instruments by 2.2% during the first quarter. HBW Advisory Services LLC now owns 1,730 shares of the semiconductor company's stock worth $336,000 after acquiring an additional 37 shares in the last quarter. Montz Harcus Wealth Management LLC raised its position in Texas Instruments by 2.9% in the first quarter. Montz Harcus Wealth Management LLC now owns 1,338 shares of the semiconductor company's stock worth $260,000 after acquiring an additional 38 shares during the period. Livforsakringsbolaget Skandia Omsesidigt grew its holdings in Texas Instruments by 0.6% during the first quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 5,960 shares of the semiconductor company's stock valued at $1,157,000 after purchasing an additional 38 shares during the period. Absher Wealth Management LLC raised its stake in Texas Instruments by 1.0% in the 1st quarter. Absher Wealth Management LLC now owns 4,223 shares of the semiconductor company's stock valued at $820,000 after acquiring an additional 42 shares during the period. Finally, Severin Investments LLC lifted its stake in shares of Texas Instruments by 3.3% during the 1st quarter. Severin Investments LLC now owns 1,349 shares of the semiconductor company's stock valued at $262,000 after buying an additional 43 shares in the last quarter. Institutional investors own 84.99% of the company's stock.

Texas Instruments News Summary

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

• Positive Sentiment: Zacks names TXN a Strong Buy. Texas Instruments was added to Zacks’ Rank #1 (Strong Buy) lists for momentum, income and overall stock selection. This reinforces favorable near-term technical and fundamental sentiment. New Strong Buy Stocks for August 6th
• Positive Sentiment: Several longer-term EPS forecasts increased. Zacks Research raised estimates for Q4 2026, Q1 2027, Q4 2027, FY2027 and FY2028. The FY2027 forecast increased to $9.13 from $8.54, while FY2028 rose to $10.34 from $10.15, suggesting expectations for improving earnings momentum. Texas Instruments analyst estimates
• Positive Sentiment: Industrial and data-center growth remain key catalysts. Recent coverage highlighted Texas Instruments’ strong industrial performance, doubled year-over-year data-center revenue and accelerating automotive sales. GE Appliances also plans to use TI microcontrollers and connectivity products in its next generation of connected appliances, expanding the company’s embedded-chip opportunity. Texas Instruments Lands GE Appliances Role
• Neutral Sentiment: Analyst views remain constructive but not uniformly bullish. Despite the estimate increases, Zacks Research maintains a “Hold” rating. Analysts have cited TXN’s long-term growth prospects and a consensus price target near $312, but the stock’s elevated valuation makes continued execution important. Are Wall Street Analysts Bullish on Texas Instruments Stock?
• Negative Sentiment: Broader chip-sector weakness is a risk. Sandisk’s weak outlook triggered a selloff in AI-linked semiconductor stocks, while Qualcomm’s handset-chip revenue is reportedly shrinking on both Android and Apple exposure. Although neither development directly changes TXN’s fundamentals, it can weigh on sentiment across semiconductor stocks. Sandisk’s Weak Guidance Sends AI Chip Stocks Tumbling

Wall Street Analyst Weigh In

TXN has been the subject of a number of recent analyst reports. Jefferies Financial Group raised Texas Instruments from a "hold" rating to a "buy" rating in a report on Friday, May 22nd. Arete Research set a $405.00 price objective on Texas Instruments and gave the stock a "buy" rating in a report on Wednesday, July 29th. Weiss Ratings raised shares of Texas Instruments from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, July 28th. Morgan Stanley boosted their price objective on Texas Instruments from $230.00 to $255.00 and gave the company an "underweight" rating in a research report on Thursday, July 23rd. Finally, Wells Fargo & Company increased their target price on shares of Texas Instruments from $300.00 to $310.00 and gave the stock an "equal weight" rating in a report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $312.12.

Texas Instruments Stock Performance

Shares of TXN opened at $278.40 on Friday. The business has a fifty day moving average of $295.23 and a 200 day moving average of $253.38. The firm has a market capitalization of $254.25 billion, a P/E ratio of 42.37, a PEG ratio of 1.10 and a beta of 1.33. Texas Instruments Incorporated has a one year low of $152.73 and a one year high of $334.03. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.86 and a quick ratio of 3.44.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share 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 analysts' expectations of $5.26 billion. During the same quarter in the prior year, the business earned $1.41 EPS. 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. As a group, sell-side analysts anticipate that Texas Instruments Incorporated will post 8.35 EPS for the current year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 11th. Stockholders of record on Friday, July 31st will be given a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Friday, July 31st. Texas Instruments's payout ratio is presently 86.45%.

Insider Activity

In related news, CFO Rafael R. Lizardi sold 47,734 shares of Texas Instruments stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $308.10, for a total transaction of $14,706,845.40. Following the sale, the chief financial officer owned 85,485 shares of the company's stock, valued at approximately $26,337,928.50. This trade represents a 35.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Carrie Smith Cox sold 8,838 shares of Texas Instruments stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $306.41, for a total transaction of $2,708,051.58. Following the sale, the director owned 37,626 shares in the company, valued at approximately $11,528,982.66. The trade was a 19.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 66,535 shares of company stock worth $20,425,724 over the last ninety days. Company insiders own 0.60% of the company's stock.

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.

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