Bank of New York Mellon Corp Makes New $4.49 Billion Investment in Texas Instruments Incorporated $TXN

Bank of New York Mellon Corp purchased a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 15,059,099 shares of the semiconductor company's stock, valued at approximately $4,488,666,000. Texas Instruments makes up approximately 0.7% of Bank of New York Mellon Corp's investment portfolio, making the stock its 21st biggest position. Bank of New York Mellon Corp owned about 1.65% of Texas Instruments as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. High Point Wealth Management LLC purchased a new stake in shares of Texas Instruments in the 4th quarter worth approximately $25,000. Strategic Wealth Investment Group LLC bought a new stake in shares of Texas Instruments in the second quarter worth approximately $25,000. Advocate Investing Services LLC purchased a new stake in Texas Instruments during the 4th quarter valued at $25,000. Ares Financial Consulting LLC purchased a new stake in Texas Instruments during the fourth quarter valued at $26,000. Finally, Cornerstone Financial Management LLC purchased a new stake in shares of Texas Instruments during the 4th quarter valued at about $27,000. Institutional investors own 84.99% of the company's stock.

Texas Instruments Price Performance

Texas Instruments stock opened at $267.45 on Thursday. Texas Instruments Incorporated has a 1 year low of $152.73 and a 1 year high of $334.03. The stock has a market cap of $244.25 billion, a price-to-earnings ratio of 40.71, a price-to-earnings-growth ratio of 1.07 and a beta of 1.33. The firm has a 50-day moving average of $291.88 and a two-hundred day moving average of $258.36. 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 released its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 EPS for the quarter, topping the consensus estimate of $1.91 by $0.23. The company had revenue of $5.46 billion for the quarter, compared to the consensus estimate of $5.26 billion. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%.Texas Instruments's quarterly revenue was up 22.8% on a year-over-year basis. During the same period last year, the business posted $1.41 EPS. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. On average, research analysts forecast that Texas Instruments Incorporated will post 8.42 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 11th. Investors of record on Friday, July 31st were issued a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Friday, July 31st. Texas Instruments's dividend payout ratio (DPR) is presently 86.45%.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Jefferies Financial Group raised Texas Instruments from a "hold" rating to a "buy" rating in a report on Friday, May 22nd. Susquehanna boosted their target price on shares of Texas Instruments from $300.00 to $340.00 and gave the stock a "positive" rating in a report on Tuesday, July 21st. UBS Group reiterated a "buy" rating and issued a $380.00 target price on shares of Texas Instruments in a research report on Thursday, July 23rd. Arete Research set a $405.00 price objective on shares of Texas Instruments and gave the company a "buy" rating in a research report on Wednesday, July 29th. Finally, Robert W. Baird raised their price objective on Texas Instruments from $300.00 to $385.00 and gave the company an "outperform" rating in a research note on Thursday, July 23rd. Two 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 assigned a Sell rating to the stock. According to MarketBeat.com, Texas Instruments has an average rating of "Moderate Buy" and a consensus target price of $312.12.

Texas Instruments Profile

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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source