Baird Financial Group Inc. Purchases 8,228 Shares of Texas Instruments Incorporated $TXN

Key Points

• Baird Financial Group increased its Texas Instruments holdings by 1.9% in the second quarter, adding 8,228 shares to own 450,499 shares valued at approximately $134.3 million. Institutional investors and hedge funds collectively own 84.99% of TXN.
• Analyst sentiment remains positive, with a “Moderate Buy” consensus rating and an average price target of $312.12; recent targets ranged as high as $385.
• Texas Instruments beat quarterly expectations with $2.14 in EPS and $5.46 billion in revenue, while revenue rose 22.8% year over year. The company also paid a quarterly dividend of $1.42 per share, equivalent to a 2.2% annualized yield.

Baird Financial Group Inc. grew its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 1.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 450,499 shares of the semiconductor company's stock after acquiring an additional 8,228 shares during the period. Baird Financial Group Inc.'s holdings in Texas Instruments were worth $134,280,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Strategic Wealth Investment Group LLC acquired a new position in shares of Texas Instruments during the second quarter valued at about $25,000. Advocate Investing Services LLC acquired a new stake in shares of Texas Instruments in the 4th quarter valued at about $25,000. Cornerstone Financial Management LLC bought a new stake in Texas Instruments in the 4th quarter valued at about $27,000. Portus Wealth Advisors LLC acquired a new position in Texas Instruments during the 1st quarter worth approximately $27,000. Finally, Quattro Advisors LLC acquired a new position in Texas Instruments during the 4th quarter worth approximately $27,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. UBS Group restated a "buy" rating and set a $380.00 price objective on shares of Texas Instruments in a report on Thursday, July 23rd. HC Wainwright downgraded shares of Texas Instruments to a "neutral" rating in a research report on Friday, May 22nd. Jefferies Financial Group upgraded shares of Texas Instruments from a "hold" rating to a "buy" rating in a research note on Friday, May 22nd. Wells Fargo & Company upped their price objective 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. Finally, Robert W. Baird raised their price objective on shares of Texas Instruments from $300.00 to $385.00 and gave the company an "outperform" rating in a research note on Thursday, July 23rd. Two equities 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 given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $312.12.

Texas Instruments Stock Up 0.2%

Texas Instruments stock opened at $258.92 on Wednesday. Texas Instruments Incorporated has a fifty-two week low of $152.73 and a fifty-two week high of $334.03. The company has a debt-to-equity ratio of 0.72, a quick ratio of 3.44 and a current ratio of 4.86. The firm's 50-day simple moving average is $278.86 and its 200 day simple moving average is $261.95. The stock has a market cap of $236.46 billion, a PE ratio of 39.41, a price-to-earnings-growth ratio of 1.45 and a beta of 1.33.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 EPS for the quarter, beating the consensus estimate of $1.91 by $0.23. The firm had revenue of $5.46 billion during the quarter, compared to analyst estimates of $5.26 billion. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. The company's revenue for the quarter was up 22.8% on a year-over-year basis. During the same quarter last year, the business posted $1.41 EPS. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. Research analysts predict that Texas Instruments Incorporated will post 8.45 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 11th. Stockholders of record on Friday, July 31st were given 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 dividend yield of 2.2%. Texas Instruments's dividend payout ratio (DPR) is currently 86.45%.

Insider Activity

In other news, VP Tsedeniya Abraham sold 7,000 shares of Texas Instruments stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $264.63, for a total transaction of $1,852,410.00. Following the sale, the vice president directly owned 23,181 shares in the company, valued at $6,134,388.03. The trade was a 23.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.60% of the stock is currently owned by corporate insiders.

Texas Instruments Company Profile

Texas Instruments Incorporated NASDAQ: TXN designs and manufactures semiconductors used in industrial, automotive, personal electronics, communications equipment and enterprise systems. The company's portfolio is led by analog chips, which manage power, sensing and signal processing, and embedded processing products, including microcontrollers and processors that control electronic systems.

Texas Instruments also develops products such as data converters, amplifiers, interface and connectivity devices, motor drivers, power-management semiconductors and calculators.

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.