Sanders Morris Harris LLC Lowers Stock Holdings in Texas Instruments Incorporated $TXN

Key Points

• Sanders Morris Harris cut its Texas Instruments position by 87.8% in the second quarter, leaving the fund with 777 shares valued at approximately $232,000. Institutional investors collectively own 84.99% of TXN.
• Texas Instruments exceeded quarterly expectations, reporting $2.14 EPS and $5.46 billion in revenue, with revenue up 22.8% year over year. The company also declared a quarterly dividend of $1.42 per share, representing a 2.0% yield.
• Analyst sentiment is mixed: the stock has a consensus “Hold” rating and an average price target of $312.12, while recent targets range from $310 to $405. TXN recently traded at $277.71, below its 50-day moving average, amid concerns about its roughly 11% monthly decline and limited direct exposure to AI demand.

Sanders Morris Harris LLC lowered its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 87.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 777 shares of the semiconductor company's stock after selling 5,605 shares during the period. Sanders Morris Harris LLC's holdings in Texas Instruments were worth $232,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Strategic Wealth Investment Group LLC purchased a new stake in shares of Texas Instruments in the 2nd quarter valued at $25,000. Portus Wealth Advisors LLC bought a new stake in Texas Instruments in the first quarter valued at approximately $27,000. High Point Wealth Management LLC purchased a new stake in shares of Texas Instruments during the fourth quarter valued at approximately $25,000. Advocate Investing Services LLC bought a new position in shares of Texas Instruments in the fourth quarter worth approximately $25,000. Finally, Scarborough Advisors LLC bought a new position in shares of Texas Instruments in the first quarter worth approximately $29,000. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Texas Instruments Stock Performance

Texas Instruments stock opened at $277.71 on Thursday. The stock's 50 day simple moving average is $295.98 and its two-hundred day simple moving average is $252.76. 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 stock has a market cap of $253.62 billion, a price-to-earnings ratio of 42.27, a PEG ratio of 1.12 and a beta of 1.33. Texas Instruments Incorporated has a fifty-two week low of $152.73 and a fifty-two week high of $334.03.

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 the consensus estimate of $1.91 by $0.23. The firm had revenue of $5.46 billion during the quarter, compared to analyst estimates of $5.26 billion. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%.The business's revenue was up 22.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.41 EPS. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, analysts expect that Texas Instruments Incorporated will post 8.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st will be given a dividend of $1.42 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a $5.68 annualized dividend and a yield of 2.0%. Texas Instruments's dividend payout ratio (DPR) is currently 86.45%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on TXN shares. Wells Fargo & Company upped their price target on shares of Texas Instruments from $300.00 to $310.00 and gave the company an "equal weight" rating in a report on Thursday, July 23rd. Robert W. Baird boosted their price objective on shares of Texas Instruments from $300.00 to $385.00 and gave the company an "outperform" rating in a research report on Thursday, July 23rd. UBS Group reaffirmed a "buy" rating and set a $380.00 price objective on shares of Texas Instruments in a research note on Thursday, July 23rd. Arete Research set a $405.00 target price on Texas Instruments and gave the stock a "buy" rating in a research note on Wednesday, July 29th. Finally, HC Wainwright downgraded Texas Instruments to a "neutral" rating in a report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, nine have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $312.12.

Key Texas Instruments News

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

• Positive Sentiment: New GE Appliances partnership: GE Appliances plans to use Texas Instruments microcontrollers, Wi-Fi connectivity solutions, and analog components in next-generation connected appliances manufactured in the U.S. TI products are expected to supply roughly one-third of the chips used at GE’s new Louisville laundry plant, with production beginning in 2027. The agreement provides potential long-term demand and reinforces TXN’s position in industrial and IoT applications. GE Appliances Leverages Texas Instruments Semiconductors to Power Next-Generation Connected Appliances Manufactured in the U.S.
• Positive Sentiment: Long-term growth catalysts remain intact: Analysts and market commentators point to continued data-center expansion, automotive software, connected devices, and Texas Instruments’ manufacturing investments as potential drivers of future earnings growth. Analysts remain moderately bullish, and TXN has outperformed the S&P 500 over the longer term despite trailing the broader semiconductor industry. Are Wall Street Analysts Bullish on Texas Instruments Stock?
• Neutral Sentiment: Semiconductor rally offers sector support: AI optimism, expected earnings strength, and strong memory demand recently lifted semiconductor stocks and pushed the S&P 500 to a record. The broader rally is supportive for TXN sentiment, although the cited gains were concentrated in other chipmakers and do not necessarily signal an immediate improvement in TI’s results. Semiconductor Rally Powers S&P 500 to Fresh Record High
• Negative Sentiment: Recent underperformance weighs on the stock: TXN has declined about 11% over the past month while AI-focused semiconductor shares have rallied. The divergence has raised concerns that TI may be less directly exposed to the fastest-growing AI demand and that its elevated valuation leaves less room for disappointment. TXN Slides 11% in a Month: Is the Stock Still a Smart AI Investment?

Insider Buying and Selling at Texas Instruments

In other news, VP Shanon J. Leonard sold 4,963 shares of the company's stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $295.22, for a total value of $1,465,176.86. Following the sale, the vice president directly owned 24,867 shares of the company's stock, valued at $7,341,235.74. This represents a 16.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Rafael R. Lizardi sold 47,734 shares of the stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $308.10, for a total transaction of $14,706,845.40. Following the completion of the transaction, the chief financial officer owned 85,485 shares of the company's stock, valued at approximately $26,337,928.50. The trade was a 35.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 66,535 shares of company stock worth $20,425,724. Corporate insiders own 0.60% of the company's stock.

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.

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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.

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