California State Teachers Retirement System Purchases 410,942,962 Shares of Texas Instruments Incorporated $TXN

Key Points

• California State Teachers Retirement System increased its Texas Instruments position by 410.9 million shares in the second quarter, bringing its holdings to 412.3 million shares, or approximately 45.15% of the company.
• Analysts maintain a generally positive outlook, with Texas Instruments receiving a consensus “Moderate Buy” rating and an average price target of $312.12.
• Texas Instruments exceeded quarterly expectations with $2.14 in EPS and $5.46 billion in revenue, while reporting 22.8% year-over-year revenue growth; it also declared a quarterly dividend of $1.42, equivalent to a 2.2% annualized yield.

California State Teachers Retirement System raised its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 30,012.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 412,312,183 shares of the semiconductor company's stock after buying an additional 410,942,962 shares during the quarter. California State Teachers Retirement System owned about 45.15% of Texas Instruments worth $122,897,892,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

TXN has been the subject of several recent analyst reports. Bank of America lifted their price objective on shares of Texas Instruments from $320.00 to $370.00 and gave the stock a "buy" rating in a research note on Tuesday, May 26th. Robert W. Baird raised their target price on shares of Texas Instruments from $300.00 to $385.00 and gave the stock an "outperform" rating in a report on Thursday, July 23rd. TD Cowen dropped their price target on shares of Texas Instruments from $360.00 to $340.00 and set a "buy" rating for the company in a research note on Thursday, July 23rd. Citigroup reissued a "buy" rating on shares of Texas Instruments in a research report on Tuesday, July 14th. Finally, UBS Group reissued a "buy" rating and issued a $380.00 price objective on shares of Texas Instruments in a research report on Thursday, July 23rd. Two 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 issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $312.12.

Texas Instruments Stock Performance

TXN stock opened at $258.44 on Monday. Texas Instruments Incorporated has a 12 month low of $152.73 and a 12 month high of $334.03. The firm's 50-day moving average is $280.18 and its 200 day moving average is $261.47. The company has a market capitalization of $236.02 billion, a PE ratio of 39.34, a P/E/G ratio of 1.45 and a beta of 1.33. 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.23. The company had revenue of $5.46 billion during the quarter, compared to analysts' expectations of $5.26 billion. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. The firm's quarterly revenue was up 22.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.41 EPS. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. On average, research analysts anticipate that Texas Instruments Incorporated will post 8.45 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 11th. Investors of record on Friday, July 31st were issued a $1.42 dividend. The ex-dividend date was Friday, July 31st. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.2%. Texas Instruments's payout ratio is presently 86.45%.

Insider Activity

In other Texas Instruments news, VP Tsedeniya Abraham sold 7,000 shares of the firm's 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 transaction, the vice president directly owned 23,181 shares in the company, valued at $6,134,388.03. This trade represents a 23.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.60% of the company's stock.

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.

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