Port Capital LLC Makes New Investment in Texas Instruments Incorporated $TXN

Key Points

• Port Capital LLC purchased 4,537 shares of Texas Instruments in the second quarter, valued at approximately $1.35 million. Institutional investors collectively own 84.99% of the company.
• Analyst sentiment remains positive overall, with a consensus rating of “Moderate Buy” and an average price target of $312.12, despite one recent downgrade to neutral.
• Texas Instruments exceeded quarterly expectations, reporting $2.14 in EPS and $5.46 billion in revenue, while declaring a quarterly dividend of $1.42 per share, or $5.68 annually.

Port Capital LLC purchased a new stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 4,537 shares of the semiconductor company's stock, valued at approximately $1,352,000.

Other large investors also recently made changes to their positions in the company. Brighton Jones LLC raised its holdings in shares of Texas Instruments by 33.4% in the 4th quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock worth $3,158,000 after purchasing an additional 4,218 shares in the last quarter. Intech Investment Management LLC boosted its holdings in Texas Instruments by 12.8% during the first quarter. Intech Investment Management LLC now owns 9,084 shares of the semiconductor company's stock worth $1,632,000 after buying an additional 1,031 shares in the last quarter. Osterweis Capital Management Inc. boosted its holdings in Texas Instruments by 1,810.0% during the second quarter. Osterweis Capital Management Inc. now owns 191 shares of the semiconductor company's stock worth $40,000 after buying an additional 181 shares in the last quarter. Main Street Financial Solutions LLC grew its position in Texas Instruments by 1.7% in the second quarter. Main Street Financial Solutions LLC now owns 7,417 shares of the semiconductor company's stock worth $1,540,000 after buying an additional 126 shares during the last quarter. Finally, HUB Investment Partners LLC grew its position in Texas Instruments by 3.5% in the second quarter. HUB Investment Partners LLC now owns 14,673 shares of the semiconductor company's stock worth $3,046,000 after buying an additional 496 shares during the last quarter. Institutional investors own 84.99% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on TXN. HC Wainwright downgraded Texas Instruments to a "neutral" rating in a research report on Friday, May 22nd. KeyCorp lifted their target price on Texas Instruments from $390.00 to $400.00 and gave the stock an "overweight" rating in a report on Thursday, July 23rd. Stifel Nicolaus boosted their target price on Texas Instruments from $340.00 to $360.00 and gave the stock a "buy" rating in a research report on Wednesday, June 24th. Robert W. Baird upped their target price on Texas Instruments from $300.00 to $385.00 and gave the company an "outperform" rating in a report on Thursday, July 23rd. Finally, Evercore reiterated an "outperform" rating and issued a $330.00 price target on shares of Texas Instruments in a research report on Thursday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $312.12.

Texas Instruments Stock Up 0.7%

Shares of NASDAQ:TXN opened at $261.77 on Thursday. The firm has a 50 day simple moving average of $287.71 and a 200 day simple moving average of $259.75. Texas Instruments Incorporated has a 52 week low of $152.73 and a 52 week high of $334.03. The company has a debt-to-equity ratio of 0.72, a quick ratio of 3.44 and a current ratio of 4.86. The company has a market cap of $239.06 billion, a PE ratio of 39.84, a price-to-earnings-growth ratio of 1.02 and a beta of 1.33.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share for the quarter, topping 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 period in the previous year, the company posted $1.41 EPS. The company's quarterly 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, research analysts expect that Texas Instruments Incorporated will post 8.42 earnings per share for the current year.

Texas Instruments Announces Dividend

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

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.

Want to see what other hedge funds are holding TXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Instruments Incorporated (NASDAQ:TXN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source