L2 Asset Management LLC Takes $1.55 Million Position in Texas Instruments Incorporated $TXN

Key Points

• L2 Asset Management initiated a $1.55 million position in Texas Instruments during the second quarter, purchasing 5,204 shares. Institutional investors collectively own approximately 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 2026 EPS guidance of $2.23–$2.57.
• Analysts maintain a “Moderate Buy” consensus, with an average price target of $312.12, while Texas Instruments continues to pay a quarterly dividend of $1.42 per share, representing a 2.2% yield.

L2 Asset Management LLC bought a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,204 shares of the semiconductor company's stock, valued at approximately $1,551,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. High Point Wealth Management LLC purchased a new stake in Texas Instruments during the 4th quarter worth $25,000. Strategic Wealth Investment Group LLC purchased a new position in Texas Instruments in the 2nd quarter valued at about $25,000. Advocate Investing Services LLC acquired a new stake in shares of Texas Instruments during the fourth quarter valued at about $25,000. Ares Financial Consulting LLC purchased a new stake in shares of Texas Instruments during the fourth quarter worth about $26,000. Finally, Cornerstone Financial Management LLC acquired a new position in shares of Texas Instruments in the fourth quarter worth about $27,000. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Texas Instruments Price Performance

Shares of TXN opened at $258.94 on Tuesday. Texas Instruments Incorporated has a 52 week low of $152.73 and a 52 week high of $334.03. The company has a current ratio of 4.86, a quick ratio of 3.44 and a debt-to-equity ratio of 0.72. The firm has a market cap of $236.48 billion, a price-to-earnings ratio of 39.41, a PEG ratio of 1.04 and a beta of 1.33. The stock has a 50 day moving average of $289.42 and a 200-day moving average of $259.23.

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 (EPS) for the quarter, beating 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 business had revenue of $5.46 billion for the quarter, compared to analyst estimates of $5.26 billion. During the same period in the prior year, the company posted $1.41 EPS. The business's 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. As a group, analysts forecast that Texas Instruments Incorporated will post 8.42 EPS for the current year.

Texas Instruments Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages recently commented on TXN. UBS Group reissued a "buy" rating and issued a $380.00 price target on shares of Texas Instruments in a report on Thursday, July 23rd. Sanford C. Bernstein lifted their price objective on Texas Instruments from $250.00 to $290.00 and gave the stock a "market perform" rating in a report on Thursday, July 23rd. Benchmark upped their target price on Texas Instruments from $315.00 to $360.00 and gave the company a "buy" rating in a research report on Thursday, July 23rd. The Goldman Sachs Group increased their target price on Texas Instruments from $200.00 to $225.00 and gave the company a "sell" rating in a research note on Thursday, July 23rd. Finally, Wells Fargo & Company raised their price target on shares of Texas Instruments from $300.00 to $310.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 23rd. Two research 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 given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $312.12.

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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