Texas Instruments Incorporated $TXN Shares Acquired by Perpetual Ltd

Key Points

• Perpetual Ltd increased its Texas Instruments stake by 37.8% in the third quarter, holding 14,940 shares valued at approximately $4.19 million. Institutional investors collectively own 84.99% of TXN.
• Analyst views remain mixed: 16 analysts rate the stock Buy, 10 Hold, and 4 Sell, producing a consensus Hold rating and a $304.26 average price target.
• Texas Instruments reported stronger-than-expected quarterly results, with $2.14 earnings per share and $5.46 billion in revenue, while raising its quarterly dividend from $1.42 to $1.52 per share.

Perpetual Ltd boosted its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 37.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,940 shares of the semiconductor company's stock after buying an additional 4,096 shares during the quarter. Perpetual Ltd's holdings in Texas Instruments were worth $4,185,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of TXN. HBW Advisory Services LLC raised its position in Texas Instruments by 2.2% during the first quarter. HBW Advisory Services LLC now owns 1,730 shares of the semiconductor company's stock valued at $336,000 after acquiring an additional 37 shares in the last quarter. Montz Harcus Wealth Management LLC grew its position in Texas Instruments by 2.9% in the first quarter. Montz Harcus Wealth Management LLC now owns 1,338 shares of the semiconductor company's stock worth $260,000 after acquiring an additional 38 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt grew its position in Texas Instruments by 0.6% in the first quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 5,960 shares of the semiconductor company's stock worth $1,157,000 after acquiring an additional 38 shares in the last quarter. Moody National Bank Trust Division increased its stake in shares of Texas Instruments by 0.6% during the 3rd quarter. Moody National Bank Trust Division now owns 6,063 shares of the semiconductor company's stock worth $1,698,000 after purchasing an additional 39 shares during the last quarter. Finally, Absher Wealth Management LLC increased its stake in shares of Texas Instruments by 1.0% during the 1st quarter. Absher Wealth Management LLC now owns 4,223 shares of the semiconductor company's stock worth $820,000 after purchasing an additional 42 shares during the last quarter. Institutional investors own 84.99% of the company's stock.

Insider Activity at Texas Instruments

In other Texas Instruments news, VP Tsedeniya Abraham sold 7,000 shares of Texas Instruments stock in a transaction on 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 sale, the vice president owned 23,181 shares in the company, valued at $6,134,388.03. The trade was a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.60% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Texas Instruments from a "hold" rating to a "buy" rating in a report on Saturday, July 18th. Morgan Stanley upped their price objective 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. Truist Financial increased their target price on shares of Texas Instruments from $278.00 to $300.00 and gave the stock a "hold" rating in a research report on Thursday, July 23rd. Cantor Fitzgerald reissued a "neutral" rating and set a $300.00 target price (up from $280.00) on shares of Texas Instruments in a research report on Wednesday, September 9th. Finally, Weiss Ratings upgraded Texas Instruments from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday. Sixteen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $304.26.

Texas Instruments Stock Performance

NASDAQ:TXN opened at $287.85 on Wednesday. Texas Instruments Incorporated has a 1 year low of $152.73 and a 1 year high of $334.03. The firm's fifty day simple moving average is $271.87 and its 200 day simple moving average is $275.18. 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 firm has a market capitalization of $262.88 billion, a PE ratio of 43.81, a PEG ratio of 1.58 and a beta of 1.35.

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 return on equity of 35.77% and a net margin of 31.11%. The business had revenue of $5.46 billion during the quarter, compared to analysts' expectations of $5.26 billion. During the same quarter in the previous year, the firm earned $1.41 EPS. The firm's 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. On average, sell-side analysts anticipate that Texas Instruments Incorporated will post 8.45 EPS for the current year.

Texas Instruments Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 30th will be issued a $1.52 dividend. This is a positive change from Texas Instruments's previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, October 30th. This represents a $6.08 annualized dividend and a yield of 2.1%. Texas Instruments's payout ratio is currently 86.45%.

Texas Instruments Profile

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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