Texas Instruments Incorporated $TXN Shares Bought by First Citizens Bank & Trust Co.

Key Points

• First Citizens Bank & Trust Co. increased its Texas Instruments stake by 195.7% in the third quarter, holding 17,356 shares valued at approximately $4.86 million. Institutional investors collectively own 84.99% of TXN.
• Texas Instruments reported quarterly EPS of $2.14, exceeding estimates of $1.91, while revenue rose 22.8% year over year to $5.46 billion. The company issued third-quarter 2026 EPS guidance of $2.23–$2.57.
• The company raised its quarterly dividend to $1.52 per share, or $6.08 annualized, implying a 2.2% yield. Despite mixed analyst actions, TXN has a consensus “Hold” rating and an average price target of $304.26.

First Citizens Bank & Trust Co. boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 195.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,356 shares of the semiconductor company's stock after acquiring an additional 11,486 shares during the period. First Citizens Bank & Trust Co.'s holdings in Texas Instruments were worth $4,861,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Focus Financial Network Inc. boosted its holdings in Texas Instruments by 3.3% in the third quarter. Focus Financial Network Inc. now owns 4,242 shares of the semiconductor company's stock worth $1,188,000 after acquiring an additional 137 shares in the last quarter. BigSur Wealth Management LLC boosted its stake in Texas Instruments by 14.7% in the 3rd quarter. BigSur Wealth Management LLC now owns 881 shares of the semiconductor company's stock worth $247,000 after purchasing an additional 113 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its position in Texas Instruments by 5.3% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 13,248 shares of the semiconductor company's stock valued at $3,710,000 after purchasing an additional 668 shares during the last quarter. Krilogy Financial LLC grew its position in Texas Instruments by 56.1% during the 3rd quarter. Krilogy Financial LLC now owns 10,415 shares of the semiconductor company's stock valued at $2,934,000 after purchasing an additional 3,741 shares during the last quarter. Finally, Contravisory Investment Management Inc. increased its stake in Texas Instruments by 16.4% during the 3rd quarter. Contravisory Investment Management Inc. now owns 5,831 shares of the semiconductor company's stock valued at $1,633,000 after purchasing an additional 823 shares in the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, VP Tsedeniya Abraham sold 7,000 shares of the firm's stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $264.63, for a total value of $1,852,410.00. Following the completion of the sale, the vice president owned 23,181 shares of the company's stock, valued at $6,134,388.03. This trade represents a 23.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.60% of the company's stock.

Texas Instruments Stock Performance

Shares of NASDAQ TXN opened at $280.65 on Thursday. 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 $256.30 billion, a P/E ratio of 42.72, a P/E/G ratio of 1.61 and a beta of 1.35. The firm's fifty day moving average is $271.93 and its two-hundred day moving average is $275.79. Texas Instruments Incorporated has a 52-week low of $152.73 and a 52-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, 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 period in the prior year, the company earned $1.41 EPS. The business'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. As a group, analysts anticipate that Texas Instruments Incorporated will post 8.45 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently announced 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 boost from Texas Instruments's previous quarterly dividend of $1.42. This represents a $6.08 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, October 30th. Texas Instruments's dividend payout ratio is presently 92.54%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TXN. Zacks Research downgraded Texas Instruments from a "strong-buy" rating to a "hold" rating in a report on Monday, September 21st. Mizuho upped their target price on shares of Texas Instruments from $300.00 to $305.00 and gave the company a "neutral" rating in a research note on Thursday, July 23rd. Evercore reaffirmed an "outperform" rating and set a $330.00 price target (up from $316.00) on shares of Texas Instruments in a report on Thursday, July 23rd. Citigroup reiterated a "buy" rating and issued a $345.00 price target (up from $280.00) on shares of Texas Instruments in a research note on Tuesday, July 14th. Finally, Arete Research reduced their price target on shares of Texas Instruments from $405.00 to $381.00 and set a "buy" rating for the company in a research note on Thursday, August 20th. Sixteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat, Texas Instruments presently has a consensus rating of "Hold" and a consensus price target of $304.26.

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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