CenterBook Partners LP Sells 88,342 Shares of Texas Instruments Incorporated $TXN

Key Points

• CenterBook Partners cut its Texas Instruments stake by 86.8% in the third quarter, selling 88,342 shares and retaining 13,382 shares worth about $3.75 million.
• Texas Instruments reported quarterly EPS of $2.62, beating the $2.40 consensus, while revenue rose 27.7% year over year to $6.05 billion.
• The company raised its quarterly dividend from $1.42 to $1.52 per share, equivalent to an annualized dividend of $6.08 and a 2.2% yield.

CenterBook Partners LP trimmed its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 86.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,382 shares of the semiconductor company's stock after selling 88,342 shares during the quarter. CenterBook Partners LP's holdings in Texas Instruments were worth $3,748,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of TXN. Canvas Wealth Advisors LLC boosted its stake in shares of Texas Instruments by 13.3% during the third quarter. Canvas Wealth Advisors LLC now owns 782 shares of the semiconductor company's stock worth $219,000 after buying an additional 92 shares during the period. Asset One Wealth Management LLC raised its stake in Texas Instruments by 23.9% during the 3rd quarter. Asset One Wealth Management LLC now owns 1,696 shares of the semiconductor company's stock valued at $475,000 after acquiring an additional 327 shares during the last quarter. International Assets Investment Management LLC lifted its position in Texas Instruments by 1.2% during the 3rd quarter. International Assets Investment Management LLC now owns 2,947 shares of the semiconductor company's stock worth $829,000 after acquiring an additional 36 shares during the period. Allegiance Financial Group Advisory Services LLC acquired a new stake in Texas Instruments during the 3rd quarter worth approximately $255,000. Finally, Calamos Advisors LLC lifted its position in Texas Instruments by 1.5% during the 3rd quarter. Calamos Advisors LLC now owns 202,337 shares of the semiconductor company's stock worth $56,673,000 after acquiring an additional 3,049 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Price Performance

Shares of TXN opened at $277.36 on Friday. Texas Instruments Incorporated has a twelve month low of $152.73 and a twelve month high of $334.03. The stock's 50 day moving average is $279.06 and its two-hundred day moving average is $261.41. The firm has a market capitalization of $253.44 billion, a PE ratio of 35.97, a P/E/G ratio of 1.36 and a beta of 1.39. The company has a current ratio of 5.59, a quick ratio of 4.05 and a debt-to-equity ratio of 0.67.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.40 by $0.22. Texas Instruments had a return on equity of 40.51% and a net margin of 34.25%. The business had revenue of $6.05 billion during the quarter, compared to the consensus estimate of $5.94 billion. During the same period in the prior year, the business posted $1.48 EPS. The company's revenue for the quarter was up 27.7% on a year-over-year basis. Research analysts anticipate that Texas Instruments Incorporated will post 8.97 earnings per share for the current year.

Texas Instruments Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 30th will be given a $1.52 dividend. The ex-dividend date is Friday, October 30th. This is a positive change from Texas Instruments's previous quarterly dividend of $1.42. This represents a $6.08 annualized dividend and a yield of 2.2%. Texas Instruments's dividend payout ratio (DPR) is currently 78.86%.

Texas Instruments News Summary

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

• Positive Sentiment: Zacks Research raised its Texas Instruments earnings estimates across multiple periods and maintained a “Strong-Buy” rating. It now projects EPS of $8.89 for FY2026, $10.78 for FY2027 and $12.33 for FY2028, suggesting improving expectations for earnings growth. Texas Instruments coverage
• Positive Sentiment: TI announced a compact, pre-certified multiprotocol Industrial Ethernet module and an IO-Link master aimed at connected factories. The products expand its industrial communications portfolio, though the announcement’s near-term financial impact is unclear. Product announcement
• Neutral Sentiment: TI priced $2.0 billion in senior unsecured notes to help finance its planned acquisition of Silicon Laboratories and transaction costs. The financing supports the deal but adds debt; investors will likely focus on the acquisition’s eventual returns. Debt and acquisition coverage
• Negative Sentiment: Recent weakness in TXN has been linked to a broad technology selloff and an AMD quantum-computing announcement that rattled analog-chip shares. These appear to be sector sentiment pressures rather than company-specific deterioration. Sector selloff coverage

Insider Transactions at Texas Instruments

In other news, Director Janet F. Clark sold 4,306 shares of the company's stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $302.46, for a total transaction of $1,302,392.76. Following the transaction, the director directly owned 11,341 shares of the company's stock, valued at $3,430,198.86. This represents a 27.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Pamela H. Patsley sold 4,532 shares of the company's stock in a transaction on Tuesday, October 27th. The stock was sold at an average price of $301.56, for a total transaction of $1,366,669.92. Following the transaction, the director directly owned 34,487 shares in the company, valued at approximately $10,399,899.72. This trade represents a 11.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 27,968 shares of company stock valued at $8,236,892 in the last three months. Insiders own 0.60% of the company's stock.

Analysts Set New Price Targets

TXN has been the topic of several analyst reports. Rosenblatt Securities lifted their target price on Texas Instruments from $350.00 to $360.00 and gave the company a "buy" rating in a research note on Thursday, October 22nd. Weiss Ratings cut Texas Instruments from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday, October 23rd. Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Texas Instruments in a report on Tuesday, October 20th. Zacks Research upgraded shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a research report on Thursday, October 22nd. Finally, DZ Bank raised shares of Texas Instruments from a "sell" rating to a "hold" rating and set a $300.00 price objective on the stock in a research note on Wednesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $315.37.

Texas Instruments Company Profile

Texas Instruments Incorporated NASDAQ: TXN designs and manufactures analog and embedded semiconductor products used in industrial, automotive, personal electronics, communications equipment, and enterprise systems. Its analog products help manage power, sense and measure real-world signals, and support signal processing, while its embedded processing products provide computing and control functions within electronic systems.

The company offers a broad portfolio of semiconductors, including power-management devices, amplifiers, data converters, microcontrollers, processors, and connectivity products.

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