Greenwood Capital Associates LLC Sells 11,593 Shares of Texas Instruments Incorporated $TXN

Key Points

• Greenwood Capital Associates cut its Texas Instruments stake by 24.1%, selling 11,593 shares and retaining 36,522 shares valued at approximately $10.9 million. Institutional investors collectively own 84.99% of TXN.
• Texas Instruments exceeded quarterly expectations, reporting $2.14 in EPS and $5.46 billion in revenue, with revenue up 22.8% year over year. The company issued third-quarter EPS guidance of $2.23–$2.57.
• TXN pays a quarterly dividend of $1.42, or $5.68 annually, yielding about 2.2%. Analysts maintain a “Moderate Buy” consensus with an average price target of $312.12.

Greenwood Capital Associates LLC reduced its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 24.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,522 shares of the semiconductor company's stock after selling 11,593 shares during the quarter. Texas Instruments makes up about 1.1% of Greenwood Capital Associates LLC's holdings, making the stock its 18th largest position. Greenwood Capital Associates LLC's holdings in Texas Instruments were worth $10,886,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of TXN. BlackRock Inc. purchased a new stake in shares of Texas Instruments during the 2nd quarter valued at $24,607,313,000. Bank of New York Mellon Corp bought a new stake in shares of Texas Instruments during the 2nd quarter worth $4,488,666,000. Norges Bank purchased a new position in shares of Texas Instruments in the 4th quarter worth about $2,516,628,000. Bank of America Corp DE purchased a new position in shares of Texas Instruments in the 2nd quarter worth about $3,700,842,000. Finally, Primecap Management Co. CA bought a new position in Texas Instruments during the second quarter valued at about $2,538,063,000. Hedge funds and other institutional investors own 84.99% of the company's stock.

Texas Instruments Trading Down 3.0%

Shares of Texas Instruments stock opened at $258.64 on Friday. The stock has a market capitalization of $236.20 billion, a P/E ratio of 39.37, a P/E/G ratio of 1.01 and a beta of 1.33. Texas Instruments Incorporated has a 52-week low of $152.73 and a 52-week high of $334.03. 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 stock's 50-day simple moving average is $285.30 and its 200 day simple moving average is $260.06.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share for the quarter, topping analysts' consensus estimates of $1.91 by $0.23. The firm had revenue of $5.46 billion during the quarter, compared to analyst estimates of $5.26 billion. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. The company's quarterly revenue was up 22.8% on a year-over-year basis. During the same quarter last year, the business earned $1.41 earnings per share. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, research analysts anticipate that Texas Instruments Incorporated will post 8.42 EPS for the current year.

Texas Instruments Dividend Announcement

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 $1.42 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a $5.68 annualized dividend and a yield of 2.2%. Texas Instruments's dividend payout ratio (DPR) is 86.45%.

Analyst Ratings Changes

Several brokerages have commented on TXN. KeyCorp lifted their price objective on shares of Texas Instruments from $390.00 to $400.00 and gave the stock an "overweight" rating in a research report on Thursday, July 23rd. Benchmark increased their target price on shares of Texas Instruments from $315.00 to $360.00 and gave the company a "buy" rating in a research report on Thursday, July 23rd. Sanford C. Bernstein raised their price target on shares of Texas Instruments from $250.00 to $290.00 and gave the stock a "market perform" rating in a research note on Thursday, July 23rd. TD Cowen lowered their price target on shares of Texas Instruments from $360.00 to $340.00 and set a "buy" rating on the stock in a report on Thursday, July 23rd. Finally, Susquehanna upped their price objective on Texas Instruments from $300.00 to $340.00 and gave the company a "positive" rating in a research note on Tuesday, July 21st. Two equities research 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 given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $312.12.

Texas Instruments Company 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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