N10 Wealth LLC Buys New Position in Texas Instruments Incorporated $TXN

Key Points

• N10 Wealth LLC purchased 21,784 Texas Instruments shares worth approximately $6.1 million in the third quarter, making TXN 1.7% of its portfolio. Institutional investors collectively own 84.99% of the company.
• Analysts have a consensus rating of “Hold” with an average price target of $304.26, compared with the stock’s recent price of $280.98. Shares declined 2.4% in the reported trading session.
• Texas Instruments exceeded quarterly earnings and revenue estimates, reporting $2.14 in EPS and $5.46 billion in revenue, while revenue rose 22.8% year over year. The company also increased its quarterly dividend to $1.52 per share, a 7.0% increase.

N10 Wealth LLC purchased a new position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 21,784 shares of the semiconductor company's stock, valued at approximately $6,101,000. Texas Instruments accounts for approximately 1.7% of N10 Wealth LLC's investment portfolio, making the stock its 19th largest position.

A number of other institutional investors also recently modified their holdings of the company. Portus Wealth Advisors LLC acquired a new stake in shares of Texas Instruments during the first quarter worth $27,000. TD Capital Management LLC bought a new position in Texas Instruments during the fourth quarter worth $28,000. Scarborough Advisors LLC acquired a new position in Texas Instruments in the first quarter valued at $29,000. Kilter Group LLC acquired a new position in Texas Instruments in the second quarter valued at $31,000. Finally, Main Street Group LTD acquired a new position in Texas Instruments in the first quarter valued at $32,000. 84.99% of the stock is owned by institutional investors.

Insider Buying and Selling at Texas Instruments

In other news, VP Tsedeniya Abraham sold 7,000 shares of the company's stock in a transaction dated 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 transaction, the vice president owned 23,181 shares in the company, valued at approximately $6,134,388.03. This represents a 23.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.60% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Evercore reaffirmed an "outperform" rating and set a $330.00 price target (up from $316.00) on shares of Texas Instruments in a research report on Thursday, July 23rd. Cantor Fitzgerald reissued a "neutral" rating and issued a $300.00 price objective (up from $280.00) on shares of Texas Instruments in a research report on Wednesday, September 9th. Arete Research dropped their price objective on Texas Instruments from $405.00 to $381.00 and set a "buy" rating on the stock in a research note on Thursday, August 20th. Wells Fargo & Company boosted their price objective on Texas Instruments from $300.00 to $310.00 and gave the company an "equal weight" rating in a research note on Thursday, July 23rd. Finally, Truist Financial upped their target price on Texas Instruments from $278.00 to $300.00 and gave the company a "hold" rating in a research report on Thursday, July 23rd. Sixteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $304.26.

Texas Instruments Trading Down 2.4%

Shares of NASDAQ:TXN traded down $6.87 during mid-day trading on Wednesday, hitting $280.98. The company had a trading volume of 1,967,423 shares, compared to its average volume of 7,527,231. The firm has a fifty day moving average price of $271.87 and a 200 day moving average price of $275.18. The company has a market capitalization of $256.61 billion, a PE ratio of 42.76, a price-to-earnings-growth ratio of 1.58 and a beta of 1.35. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.86 and a quick ratio of 3.44. Texas Instruments Incorporated has a one year low of $152.73 and a one year high of $334.03.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.91 by $0.23. The company had revenue of $5.46 billion for the quarter, compared to the consensus estimate of $5.26 billion. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. Texas Instruments's quarterly revenue was up 22.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.41 EPS. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, research analysts forecast that Texas Instruments Incorporated will post 8.45 EPS for the current year.

Texas Instruments Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 30th will be issued a dividend of $1.52 per share. This is an increase from Texas Instruments's previous quarterly dividend of $1.42. This represents a $6.08 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Friday, October 30th. Texas Instruments's dividend payout ratio (DPR) is currently 86.45%.

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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