Palmer Knight Co Invests $10.57 Million in Texas Instruments Incorporated $TXN

Key Points

• Palmer Knight Co. purchased 35,449 Texas Instruments shares worth approximately $10.57 million, making TXN its fourth-largest holding and representing 4.1% of its portfolio. Institutional investors collectively own nearly 85% of the company.
• Texas Instruments reported stronger-than-expected quarterly results, with $2.14 in EPS and $5.46 billion in revenue, up 22.8% year over year. The company issued third-quarter 2026 EPS guidance of $2.23–$2.57.
• Analyst sentiment remains broadly positive, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $312.12. Texas Instruments also maintains a quarterly dividend of $1.42, or $5.68 annually, yielding about 2.1%.

Palmer Knight Co bought a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The fund bought 35,449 shares of the semiconductor company's stock, valued at approximately $10,566,000. Texas Instruments makes up 4.1% of Palmer Knight Co's portfolio, making the stock its 4th largest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TXN. BlackRock Inc. bought a new position in Texas Instruments during the second quarter worth about $24,607,313,000. State Street Corp grew its stake in shares of Texas Instruments by 0.5% in the 3rd quarter. State Street Corp now owns 43,555,112 shares of the semiconductor company's stock valued at $8,002,381,000 after purchasing an additional 230,098 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Texas Instruments by 6.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 24,288,604 shares of the semiconductor company's stock valued at $4,213,832,000 after purchasing an additional 1,517,420 shares during the period. Geode Capital Management LLC raised its holdings in shares of Texas Instruments by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 22,865,312 shares of the semiconductor company's stock worth $3,952,933,000 after buying an additional 248,515 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Texas Instruments by 10.6% in the 4th quarter. Invesco Ltd. now owns 18,184,514 shares of the semiconductor company's stock worth $3,154,831,000 after buying an additional 1,749,513 shares in the last quarter. Institutional investors own 84.99% of the company's stock.

Texas Instruments Trading Down 3.8%

Shares of NASDAQ TXN opened at $272.24 on Wednesday. Texas Instruments Incorporated has a 1-year low of $152.73 and a 1-year high of $334.03. The company has a market cap of $248.62 billion, a PE ratio of 41.44, a P/E/G ratio of 1.10 and a beta of 1.33. 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 company has a 50-day moving average of $292.17 and a two-hundred day moving average of $258.02.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.91 by $0.23. The company had revenue of $5.46 billion for 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%. Texas Instruments's quarterly revenue was up 22.8% on a year-over-year basis. During the same period in the prior 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, equities analysts expect that Texas Instruments Incorporated will post 8.42 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st were given a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Friday, July 31st. Texas Instruments's dividend payout ratio (DPR) is presently 86.45%.

Analyst Ratings Changes

A number of brokerages have weighed in on TXN. Zacks Research upgraded Texas Instruments from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 10th. JPMorgan Chase & Co. lifted their price objective on Texas Instruments from $280.00 to $340.00 and gave the company an "overweight" rating in a report on Thursday, July 23rd. Jefferies Financial Group upgraded shares of Texas Instruments from a "hold" rating to a "buy" rating in a research note on Friday, May 22nd. Susquehanna upped their target price on shares of Texas Instruments from $300.00 to $340.00 and gave the stock a "positive" rating in a report on Tuesday, July 21st. Finally, Evercore reiterated an "outperform" rating and set a $330.00 target price on shares of Texas Instruments 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 assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $312.12.

Key Headlines Impacting Texas Instruments

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

• Positive Sentiment: Texas Instruments’ automotive recovery is reportedly accelerating as electric-vehicle and hybrid demand improves, customer inventories normalize and broader semiconductor conditions strengthen. A sustained automotive rebound could support additional 2026 revenue growth. TXN's Automotive Recovery Gains Pace: Can It Lift 2026 Growth Further?
• Positive Sentiment: GE Appliances selected U.S.-manufactured TI microcontrollers, Wi-Fi products and analog components for a new Louisville laundry plant. The relationship is expected to nearly double GE Appliances’ chip spending with TI and reinforces the value of the company’s domestic manufacturing footprint and broad product portfolio. How GE Appliances’ U.S. Chip Deal Could Shape Texas Instruments’ Domestic Manufacturing Narrative
• Positive Sentiment: Cantor Fitzgerald reaffirmed its neutral rating but raised or maintained a $340 price target, implying substantial potential upside from the referenced share price. The target suggests analysts see value in TXN’s long-term positioning, even though the rating remains cautious. Cantor Fitzgerald rating update
• Neutral Sentiment: Investor commentary remains constructive on TXN’s strategic advantages and long-term growth profile, while a Zacks report identifies the company as a potential long-term growth stock. These are opinion-based assessments rather than new financial guidance. Texas Instruments Incorporated (TXN) Attractive on Strategic Advantages
• Neutral Sentiment: The enduring popularity of TI-84 calculators supports brand recognition, but competition from cheaper alternatives could pressure the education-products franchise over time; this business is unlikely to materially drive near-term TXN results. The TI-84 has ruled math classes for decades. Can cheaper calculators gain ground?

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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