Deane Retirement Strategies Inc. Trims Holdings in Texas Instruments Incorporated $TXN

Key Points

• Deane Retirement Strategies cut its Texas Instruments stake by 67.5% in the second quarter, selling 18,080 shares and retaining 8,713 shares valued at $2.59 million. Despite the reduction, institutional investors collectively own 84.99% of TXN.
• Texas Instruments exceeded quarterly expectations, reporting adjusted earnings of $2.14 per share and revenue of $5.46 billion, up 22.8% year over year. The company also issued third-quarter 2026 EPS guidance of $2.23 to $2.57 and declared a $1.42 quarterly dividend.
• Analyst sentiment remains mixed: TXN has a consensus “Hold” rating and an average price target of $312.12, despite several analysts raising targets and maintaining or initiating buy ratings.

Deane Retirement Strategies Inc. decreased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 67.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,713 shares of the semiconductor company's stock after selling 18,080 shares during the period. Deane Retirement Strategies Inc.'s holdings in Texas Instruments were worth $2,593,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. State Street Corp increased its position in Texas Instruments by 0.5% during the 3rd quarter. State Street Corp now owns 43,555,112 shares of the semiconductor company's stock valued at $8,002,381,000 after purchasing an additional 230,098 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Texas Instruments by 6.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 24,288,604 shares of the semiconductor company's stock valued at $4,213,832,000 after buying an additional 1,517,420 shares during the period. Geode Capital Management LLC increased its position in shares of Texas Instruments by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 22,865,312 shares of the semiconductor company's stock valued at $3,952,933,000 after buying an additional 248,515 shares during the period. Invesco Ltd. raised its stake in Texas Instruments by 10.6% in the fourth quarter. Invesco Ltd. now owns 18,184,514 shares of the semiconductor company's stock worth $3,154,831,000 after buying an additional 1,749,513 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Texas Instruments by 33.6% in the first quarter. Bank of New York Mellon Corp now owns 16,402,834 shares of the semiconductor company's stock worth $3,184,446,000 after buying an additional 4,129,601 shares during the period. Hedge funds and other institutional investors own 84.99% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on TXN shares. Sanford C. Bernstein upped their target price on Texas Instruments from $250.00 to $290.00 and gave the stock a "market perform" rating in a report on Thursday, July 23rd. Zacks Research cut Texas Instruments from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 10th. Morgan Stanley lifted their price target on Texas Instruments from $230.00 to $255.00 and gave the company an "underweight" rating in a research report on Thursday, July 23rd. Arete Research set a $405.00 price target on Texas Instruments and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Finally, Rosenblatt Securities increased their price objective on Texas Instruments from $330.00 to $350.00 and gave the stock a "buy" rating in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, nine have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $312.12.

Texas Instruments Price Performance

TXN stock opened at $286.08 on Monday. 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 has a 50 day moving average price of $294.84 and a 200-day moving average price of $254.04. Texas Instruments Incorporated has a 52-week low of $152.73 and a 52-week high of $334.03. The firm has a market capitalization of $261.26 billion, a price-to-earnings ratio of 43.54, a PEG ratio of 1.12 and a beta of 1.33.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.23. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%.The company had revenue of $5.46 billion for the quarter, compared to the consensus estimate of $5.26 billion. During the same quarter in the prior year, the business posted $1.41 EPS. The firm'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. Equities research analysts forecast that Texas Instruments Incorporated will post 8.42 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 11th. Stockholders of record on Friday, July 31st will be issued a dividend of $1.42 per share. The ex-dividend date is Friday, July 31st. This represents a $5.68 annualized dividend and a dividend yield of 2.0%. Texas Instruments's dividend payout ratio (DPR) is presently 86.45%.

Trending Headlines about Texas Instruments

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

• Positive Sentiment: Higher earnings forecasts: Zacks Research raised its Q3 2026 EPS estimate to $2.25 from $1.81 and its FY2026 forecast to $7.87 from $7.05. Estimates also increased for Q4 2026, Q1 2027, FY2027 and FY2028, with FY2027 EPS now projected at $9.13 and FY2028 at $10.34. These revisions suggest stronger anticipated demand and earnings momentum. Texas Instruments earnings estimate revisions
• Positive Sentiment: Strong Buy recognition: TXN was added to Zacks Rank #1 “Strong Buy” lists covering momentum, income and overall stock selections. These rankings may attract additional investor interest, though they are model-based signals rather than changes to the company’s fundamentals. New Strong Buy Stocks for August 6th
• Positive Sentiment: AI-driven sector optimism: Continued semiconductor-sales growth and strong AI demand are supporting the broader chip group. While TXN is primarily an analog and embedded-chip manufacturer rather than an AI accelerator company, sector-wide optimism can improve sentiment toward semiconductor suppliers. Semiconductor Sales Continue to Grow on AI Optimism
• Neutral Sentiment: Mixed estimate adjustments: Zacks trimmed its Q2 2027 EPS forecast slightly to $2.19 from $2.20 and Q2 2028 to $2.64 from $2.71. Zacks continues to rate TXN “Hold,” indicating that improved forecasts have not yet resulted in a formal bullish recommendation.
• Negative Sentiment: Semiconductor volatility remains: Weak guidance from Sandisk triggered a selloff in AI-related chip stocks, underscoring the risk that disappointing outlooks elsewhere in the industry could pressure TXN despite its improved estimates. Sandisk’s Weak Guidance Sends AI Chip Stocks Tumbling

Insider Activity

In other Texas Instruments news, Director Carrie Smith Cox sold 8,838 shares of the firm's stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $306.41, for a total transaction of $2,708,051.58. Following the completion of the sale, the director directly owned 37,626 shares in the company, valued at approximately $11,528,982.66. This trade represents a 19.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Rafael R. Lizardi sold 47,734 shares of Texas Instruments stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $308.10, for a total transaction of $14,706,845.40. Following the completion of the transaction, the chief financial officer directly owned 85,485 shares of the company's stock, valued at $26,337,928.50. This trade represents a 35.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 61,572 shares of company stock worth $18,960,547 over the last three months. 0.60% of the stock is currently owned by corporate insiders.

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.

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