Horizon Investments LLC Grows Position in Texas Instruments Incorporated $TXN

Key Points

• Horizon Investments LLC increased its stake in Texas Instruments by 58.1%, buying 22,773 shares to hold 61,994 shares valued at about $10.76 million at the end of the quarter.
• Positive operational momentum: TXN beat Q1 EPS expectations ($1.68 vs. $1.37) and set Q2 guidance of $1.77–$2.05, prompting analysts to raise targets and supporting strong institutional interest; the company has a market cap near $255 billion and a P/E around 48.
• Key risks: Heavy insider selling (321,268 shares, roughly $82M over 90 days), a high dividend payout ratio (~97%), and commentary about overbought valuations could create short‑term pressure despite the upbeat results.

Horizon Investments LLC boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 58.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 61,994 shares of the semiconductor company's stock after purchasing an additional 22,773 shares during the quarter. Horizon Investments LLC's holdings in Texas Instruments were worth $10,755,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TXN. High Point Wealth Management LLC acquired a new position in Texas Instruments during the fourth quarter valued at approximately $25,000. Strategic Wealth Investment Group LLC acquired a new position in Texas Instruments during the second quarter valued at approximately $25,000. Ares Financial Consulting LLC acquired a new position in Texas Instruments during the fourth quarter valued at approximately $26,000. Grey Fox Wealth Advisors LLC acquired a new position in Texas Instruments during the third quarter valued at approximately $29,000. Finally, Nvest Wealth Strategies Inc. acquired a new position in Texas Instruments during the fourth quarter valued at approximately $33,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Key Texas Instruments News

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

• Positive Sentiment: Q1 beat and constructive Q2 outlook — TXN reported an EPS beat for Q1 and set Q2 revenue of ~$5.0–$5.4B with EPS guidance $1.77–$2.05, signaling continued demand strength into the quarter. Texas Instruments (TXN) Sees Stable Pricing in Q2, Signals Possible H2 Increases
• Positive Sentiment: Analysts raising targets and reaffirming buy thesis — Several firms lifted price targets after the quarter, supporting momentum and institutional interest. Texas Instruments Incorporated NASDAQ: TXN Receives $257.68 Average PT from Analysts
• Positive Sentiment: Strategic edge‑AI partnership — A collaboration with Lattice to pair TI sensing tech with low‑latency sensor fusion broadens addressable markets in robotics/industrial edge AI. Is Lattice’s TI-Powered Real-Time Sensor Fusion Push Altering The Investment Case For Lattice Semiconductor?
• Neutral Sentiment: Momentum/technical breakout — Commentators note a steep multi‑week rally that has strengthened sentiment but raises cyclicality risk. Texas Instruments’ Breakout Was 5 Years in the Making. Does It Have Legs?
• Neutral Sentiment: Dividend supports income profile — TXN declared a $1.42 quarterly dividend (ex‑dividend May 5), attractive to income buyers but noted payout ratio is high.
• Negative Sentiment: Heavy insider selling — Multiple insiders disclosed large sales this week (including VP Mohammad Yunus’s ~51k‑share sale and reported senior exec/CFO sales), which can create short‑term selling pressure. Mohammad Yunus Sells 51,098 Shares of Texas Instruments NASDAQ: TXN Stock
• Negative Sentiment: Valuation and overbought warnings — Some market pieces flag the chip rally and high multiples as a risk, which may spur profit‑taking if momentum fades. 5 Overbought Tech Stocks to Sell for Profit

Texas Instruments Price Performance

Shares of NASDAQ TXN opened at $280.70 on Friday. Texas Instruments Incorporated has a twelve month low of $152.73 and a twelve month high of $287.83. The company has a current ratio of 4.46, a quick ratio of 2.94 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $255.46 billion, a price-to-earnings ratio of 48.06, a PEG ratio of 1.42 and a beta of 1.31. The firm has a 50-day moving average of $212.93 and a two-hundred day moving average of $193.79.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.37 by $0.31. The company had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.85 billion. Texas Instruments had a net margin of 29.11% and a return on equity of 32.49%. The business's quarterly revenue was up 18.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.23 earnings per share. Texas Instruments has set its Q2 2026 guidance at 1.770-2.050 EPS. As a group, analysts expect that Texas Instruments Incorporated will post 7.6 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 19th. Shareholders of record on Tuesday, May 5th will be issued a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 2.0%. The ex-dividend date is Tuesday, May 5th. Texas Instruments's dividend payout ratio (DPR) is 97.26%.

Insider Activity at Texas Instruments

In other Texas Instruments news, VP Shanon J. Leonard sold 18,189 shares of the stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $277.95, for a total transaction of $5,055,632.55. Following the transaction, the vice president owned 31,975 shares in the company, valued at $8,887,451.25. This trade represents a 36.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Rafael R. Lizardi sold 64,532 shares of the stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $220.74, for a total value of $14,244,793.68. Following the completion of the sale, the chief financial officer directly owned 92,550 shares of the company's stock, valued at $20,429,487. This represents a 41.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 321,268 shares of company stock valued at $82,391,712. 0.60% of the stock is owned by company insiders.

Analysts Set New Price Targets

TXN has been the topic of a number of recent research reports. Sanford C. Bernstein reaffirmed a "market perform" rating and set a $205.00 price target on shares of Texas Instruments in a research report on Wednesday, January 28th. Citigroup lifted their price target on shares of Texas Instruments from $235.00 to $280.00 and gave the company a "buy" rating in a research report on Thursday, April 23rd. Truist Financial lifted their price target on shares of Texas Instruments from $225.00 to $278.00 and gave the company a "hold" rating in a research report on Thursday, April 23rd. Jefferies Financial Group boosted their target price on shares of Texas Instruments from $210.00 to $260.00 and gave the stock a "hold" rating in a research report on Thursday, April 23rd. Finally, Barclays set a $175.00 target price on shares of Texas Instruments in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $257.68.

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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