Pinnacle West Asset Management Inc. Takes $2.15 Million Position in Texas Instruments Incorporated $TXN

Pinnacle West Asset Management Inc. acquired a new position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 7,225 shares of the semiconductor company's stock, valued at approximately $2,154,000. Texas Instruments accounts for 1.5% of Pinnacle West Asset Management Inc.'s investment portfolio, making the stock its 25th largest position.

Other large investors also recently added to or reduced their stakes in the company. Swiss Life Asset Management Ltd raised its stake in shares of Texas Instruments by 10.1% in the fourth quarter. Swiss Life Asset Management Ltd now owns 555,199 shares of the semiconductor company's stock worth $96,321,000 after buying an additional 50,808 shares during the period. OVERSEA CHINESE BANKING Corp Ltd bought a new position in shares of Texas Instruments during the 4th quarter valued at approximately $640,000. Contravisory Investment Management Inc. purchased a new stake in Texas Instruments in the 2nd quarter worth approximately $1,493,000. K.J. Harrison & Partners Inc purchased a new stake in Texas Instruments in the 4th quarter worth approximately $1,735,000. Finally, Thrivent Financial for Lutherans raised its stake in Texas Instruments by 126.0% during the 4th quarter. Thrivent Financial for Lutherans now owns 150,454 shares of the semiconductor company's stock worth $26,114,000 after acquiring an additional 83,884 shares during the period. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments News Roundup

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

• Positive Sentiment: Operational recovery is accelerating. Texas Instruments’ second-quarter results showed revenue growth of roughly 23%, operating profit up 48%, and net income up 53%. Free cash flow also improved 56% as capital spending nearly halved year over year, suggesting the company’s heavy investment cycle may be easing. Texas Instruments: The $6.5 Billion Cash-Flow Machine Is Finally Awake
• Positive Sentiment: AI and data-center exposure support the long-term outlook. Analysts and fund commentary characterize TXN as a “picks-and-shovels” beneficiary of AI infrastructure, electric vehicles, industrial automation, and factory equipment because its analog chips help power and control these systems. Texas Instruments Is a Worthy AI Picks-and-Shovels Play I Keep Buying
• Positive Sentiment: TXN retains broad-based momentum. In comparisons with Analog Devices, coverage points to Texas Instruments’ improving manufacturing utilization and strength across multiple end markets, potentially giving it an edge despite ADI’s stronger industrial and automotive trends. ADI vs. TXN: Which Analog Processing Chip Stock Has an Edge Right Now?
• Neutral Sentiment: Options-market volatility has risen. Surging implied volatility indicates increased uncertainty and the potential for larger price swings, but it does not establish a clear directional signal. Implied Volatility Surging for Texas Instruments Stock Options
• Negative Sentiment: Post-earnings performance remains a concern. TXN has decreased 6.8% since its latest quarterly report, with investors apparently looking beyond the earnings beat and focusing on forward estimates, elevated expectations, and whether the recovery can continue. Why Is Texas Instruments Down 6.8% Since Last Earnings Report?

Analyst Ratings Changes

A number of research firms have weighed in on TXN. Jefferies Financial Group upgraded shares of Texas Instruments from a "hold" rating to a "buy" rating in a research report on Friday, May 22nd. Zacks Research upgraded shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 10th. Truist Financial lifted their target price on shares of Texas Instruments from $278.00 to $300.00 and gave the company a "hold" rating in a research note on Thursday, July 23rd. Morgan Stanley upped their target price on shares of Texas Instruments from $230.00 to $255.00 and gave the stock an "underweight" rating in a report on Thursday, July 23rd. Finally, Susquehanna increased their price target on Texas Instruments from $300.00 to $340.00 and gave the stock a "positive" rating in a research note on Tuesday, July 21st. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have given 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 "Moderate Buy" and an average target price of $312.12.

Texas Instruments Trading Down 0.5%

TXN stock opened at $264.36 on Friday. Texas Instruments Incorporated has a 1-year low of $152.73 and a 1-year high of $334.03. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.86 and a quick ratio of 3.44. The company has a market capitalization of $241.43 billion, a price-to-earnings ratio of 40.24, a PEG ratio of 1.04 and a beta of 1.33. The business has a 50 day simple moving average of $290.51 and a two-hundred day simple moving average of $258.75.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data 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 net margin of 31.11% and a return on equity of 35.77%. The firm had revenue of $5.46 billion for the quarter, compared to analysts' expectations of $5.26 billion. During the same quarter last year, the business posted $1.41 earnings per share. The company's revenue for the quarter 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. Research analysts anticipate that Texas Instruments Incorporated will post 8.42 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

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

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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