Mondrian Investment Partners LTD Sells 246,589 Shares of Texas Instruments Incorporated $TXN

Key Points

• Mondrian Investment Partners cut its Texas Instruments stake by 47.9%, selling 246,589 shares in the third quarter and retaining 268,741 shares valued at approximately $75.3 million.
• Texas Instruments reported strong third-quarter results, with revenue rising 27.7% year over year to $6.05 billion and EPS reaching $2.62, beating analyst expectations. Data-center and industrial demand supported the performance, while fourth-quarter guidance also exceeded consensus estimates.
• Analyst sentiment remains mixed: the consensus rating is Hold with a $311.39 target price, reflecting optimism about growth but concerns over TXN’s premium valuation. The company also raised its quarterly dividend to $1.52, equivalent to a 2.1% annualized yield.

Mondrian Investment Partners LTD decreased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 47.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 268,741 shares of the semiconductor company's stock after selling 246,589 shares during the period. Texas Instruments accounts for 1.6% of Mondrian Investment Partners LTD's holdings, making the stock its 22nd biggest position. Mondrian Investment Partners LTD's holdings in Texas Instruments were worth $75,272,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of TXN. Kraft Davis & Associates LLC increased its position in shares of Texas Instruments by 4.4% during the third quarter. Kraft Davis & Associates LLC now owns 827 shares of the semiconductor company's stock worth $230,000 after purchasing an additional 35 shares in the last quarter. HBW Advisory Services LLC lifted its holdings in shares of Texas Instruments by 2.2% during the 1st quarter. HBW Advisory Services LLC now owns 1,730 shares of the semiconductor company's stock valued at $336,000 after purchasing an additional 37 shares during the last quarter. Montz Harcus Wealth Management LLC boosted its position in shares of Texas Instruments by 2.9% in the 1st quarter. Montz Harcus Wealth Management LLC now owns 1,338 shares of the semiconductor company's stock worth $260,000 after purchasing an additional 38 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its position in shares of Texas Instruments by 0.6% in the 1st quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 5,960 shares of the semiconductor company's stock worth $1,157,000 after purchasing an additional 38 shares in the last quarter. Finally, Moody National Bank Trust Division grew its stake in Texas Instruments by 0.6% during the 3rd quarter. Moody National Bank Trust Division now owns 6,063 shares of the semiconductor company's stock worth $1,698,000 after buying an additional 39 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on TXN shares. Sanford C. Bernstein upped their target price on Texas Instruments from $250.00 to $290.00 and gave the company a "market perform" rating in a research report on Thursday, July 23rd. Evercore reissued an "outperform" rating and issued a $330.00 price target (up from $316.00) on shares of Texas Instruments in a report on Thursday, July 23rd. Arete Research lowered their price target on Texas Instruments from $405.00 to $381.00 and set a "buy" rating for the company in a report on Thursday, August 20th. Stifel Nicolaus boosted their price target on Texas Instruments from $360.00 to $370.00 and gave the stock a "buy" rating in a research note on Thursday. Finally, The Goldman Sachs Group restated a "sell" rating and set a $250.00 price objective on shares of Texas Instruments in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $311.39.

Key Headlines Impacting Texas Instruments

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

• Positive Sentiment: Texas Instruments reported third-quarter revenue of approximately $6.06 billion, up 28% year over year, while EPS increased 77% to $2.62 and exceeded consensus expectations. Industrial, analog and data-center demand drove the results, with data-center revenue reportedly rising 95%. TXN Q3 Earnings Beat Estimates on Strong Analog, Data Center Demand
• Positive Sentiment: Management’s fourth-quarter revenue guidance, with a midpoint of about $6.05 billion, came in well above analyst expectations. Capacity expansion and broader cyclical recovery could support longer-term revenue, margins and cash flow. TXN Q3 Deep Dive: Industrial and Data Center Growth Drive Outlook Upgrade
• Positive Sentiment: Analyst sentiment strengthened: Zacks upgraded TXN to Rank #1, Freedom Broker raised its rating to Buy with a $330 target, and JPMorgan lifted its target to $365 while maintaining an Overweight rating. Texas Instruments Upgraded to Strong Buy
• Positive Sentiment: New chips for AI data centers—including power-monitoring, high-voltage distribution and timing components—give TXN additional exposure to data-center infrastructure growth. Texas Instruments Debuts Industry First Chips for AI Data Centers
• Neutral Sentiment: Unusual call-option activity and comparisons with Micron indicate bullish trading interest, although Micron was viewed as having stronger AI-driven growth and a lower valuation. Micron vs. Texas Instruments
• Negative Sentiment: TXN’s premium valuation remains a risk if the industrial recovery or AI infrastructure spending slows. Mizuho lowered its target to $290 and kept a Neutral rating, highlighting limited near-term upside. Mizuho Texas Instruments Rating

Insiders Place Their Bets

In other news, VP Tsedeniya Abraham sold 7,000 shares of the company's stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $264.63, for a total transaction of $1,852,410.00. Following the completion of the sale, the vice president owned 23,181 shares of the company's stock, valued at $6,134,388.03. This represents a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.60% of the company's stock.

Texas Instruments Stock Performance

Shares of TXN stock opened at $284.69 on Friday. Texas Instruments Incorporated has a 12-month low of $152.73 and a 12-month high of $334.03. The company has a market capitalization of $259.99 billion, a P/E ratio of 36.92, a P/E/G ratio of 1.55 and a beta of 1.35. The company has a current ratio of 5.59, a quick ratio of 3.44 and a debt-to-equity ratio of 0.67. The business's 50 day moving average is $271.98 and its two-hundred day moving average is $279.47.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 EPS for the quarter, topping the consensus estimate of $2.40 by $0.22. The company had revenue of $6.05 billion during the quarter, compared to analyst estimates of $5.94 billion. Texas Instruments had a net margin of 34.25% and a return on equity of 40.51%. The firm's revenue was up 27.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.48 EPS. Analysts expect that Texas Instruments Incorporated will post 8.79 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 30th will be paid a $1.52 dividend. The ex-dividend date of this dividend is Friday, October 30th. This represents a $6.08 annualized dividend and a yield of 2.1%. This is an increase from Texas Instruments's previous quarterly dividend of $1.42. Texas Instruments's dividend payout ratio is currently 73.67%.

About Texas Instruments

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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