BlackRock Inc. Buys Shares of 82,555,483 Texas Instruments Incorporated $TXN

BlackRock Inc. purchased a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 82,555,483 shares of the semiconductor company's stock, valued at approximately $24,607,313,000. BlackRock Inc. owned approximately 9.04% of Texas Instruments as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Bank of New York Mellon Corp purchased a new stake in Texas Instruments during the 2nd quarter worth approximately $4,488,666,000. Norges Bank acquired a new stake in Texas Instruments during the 4th quarter worth approximately $2,516,628,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Texas Instruments in the 2nd quarter valued at approximately $1,205,585,000. Deutsche Bank AG purchased a new position in Texas Instruments in the 2nd quarter valued at approximately $1,070,947,000. Finally, Amundi grew its stake in shares of Texas Instruments by 61.0% in the third quarter. Amundi now owns 9,445,243 shares of the semiconductor company's stock worth $1,717,240,000 after acquiring an additional 3,580,147 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on TXN. JPMorgan Chase & Co. upped their price objective on Texas Instruments from $280.00 to $340.00 and gave the stock an "overweight" rating in a research report on Thursday, July 23rd. Truist Financial boosted their target price on Texas Instruments from $278.00 to $300.00 and gave the stock a "hold" rating in a research note on Thursday, July 23rd. UBS Group restated a "buy" rating and set a $380.00 price target on shares of Texas Instruments in a report on Thursday, July 23rd. Sanford C. Bernstein increased their price target on Texas Instruments from $250.00 to $290.00 and gave the company a "market perform" rating in a research report on Thursday, July 23rd. Finally, Jefferies Financial Group upgraded Texas Instruments from a "hold" rating to a "buy" rating in a research note on Friday, May 22nd. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Texas Instruments presently has a consensus rating of "Moderate Buy" and a consensus target price of $312.12.

Texas Instruments Trading Up 1.2%

NASDAQ TXN opened at $282.91 on Tuesday. The firm's fifty day moving average price is $292.50 and its 200 day moving average price is $257.62. Texas Instruments Incorporated has a 12 month low of $152.73 and a 12 month 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. The company has a market capitalization of $258.37 billion, a price-to-earnings ratio of 43.06, a price-to-earnings-growth ratio of 1.10 and a beta of 1.33.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share for the quarter, beating 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 firm had revenue of $5.46 billion during the quarter, compared to analysts' expectations of $5.26 billion. During the same period in the previous year, the company earned $1.41 earnings per share. Texas Instruments's quarterly revenue 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 expect that Texas Instruments Incorporated will post 8.42 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st were paid a $1.42 dividend. The ex-dividend date was Friday, July 31st. This represents a $5.68 dividend on an annualized basis and a yield of 2.0%. Texas Instruments's payout ratio is currently 86.45%.

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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