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Texas Instruments Incorporated $TXN Shares Purchased by Corient Private Wealth LP

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Key Points

  • Corient Private Wealth LP increased its Texas Instruments stake by 2.6% in the second quarter, buying 31,728 additional shares to hold 1.24 million shares valued at approximately $370.1 million. Institutional investors collectively own 84.99% of TXN.
  • Analysts maintain a generally positive outlook, with MarketBeat reporting a consensus rating of “Moderate Buy” and an average price target of $312.12; several firms recently raised their targets despite Morgan Stanley retaining an “underweight” rating.
  • Texas Instruments exceeded quarterly expectations, reporting $2.14 in earnings per share on $5.46 billion in revenue, while revenue rose 22.8% year over year. The company also declared a quarterly dividend of $1.42, equivalent to a 2.2% annualized yield.
  • MarketBeat previews top five stocks to own in October.

Corient Private Wealth LP boosted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,241,694 shares of the semiconductor company's stock after purchasing an additional 31,728 shares during the period. Corient Private Wealth LP owned approximately 0.14% of Texas Instruments worth $370,113,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in TXN. Kilter Group LLC purchased a new position in shares of Texas Instruments in the 2nd quarter worth $31,000. Strategic Wealth Investment Group LLC acquired a new stake in Texas Instruments during the second quarter worth about $25,000. Addison Advisors LLC purchased a new position in shares of Texas Instruments in the 2nd quarter worth about $38,000. Caitlin John LLC acquired a new position in shares of Texas Instruments in the 2nd quarter valued at about $41,000. Finally, Portus Wealth Advisors LLC acquired a new position in shares of Texas Instruments in the 1st quarter valued at about $27,000. Institutional investors and hedge funds own 84.99% of the company's stock.

Analyst Ratings Changes

A number of research firms recently issued reports on TXN. Bank of America increased their target price on shares of Texas Instruments from $320.00 to $370.00 and gave the stock a "buy" rating in a research report on Tuesday, May 26th. Morgan Stanley raised their target price on Texas Instruments from $230.00 to $255.00 and gave the company an "underweight" 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 stock an "outperform" rating in a report on Thursday, July 23rd. Susquehanna raised their price objective on Texas Instruments from $300.00 to $340.00 and gave the company a "positive" rating in a research note on Tuesday, July 21st. Finally, Benchmark upped their target price on Texas Instruments from $315.00 to $360.00 and gave the company a "buy" rating in a research report on Thursday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Texas Instruments has an average rating of "Moderate Buy" and a consensus price target of $312.12.

View Our Latest Stock Report on TXN

Insider Activity at Texas Instruments

In other news, VP Tsedeniya Abraham sold 7,000 shares of the stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $264.63, for a total transaction of $1,852,410.00. Following the sale, the vice president directly owned 23,181 shares in the company, valued at approximately $6,134,388.03. This represents a 23.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.60% of the company's stock.

Texas Instruments Stock Performance

Shares of Texas Instruments stock opened at $258.82 on Friday. The firm has a market cap of $236.37 billion, a PE ratio of 39.39, a price-to-earnings-growth ratio of 1.46 and a beta of 1.33. The firm's 50-day simple moving average is $277.44 and its 200-day simple moving average is $262.53. The company has a debt-to-equity ratio of 0.72, a quick ratio of 3.44 and a current ratio of 4.86. Texas Instruments Incorporated has a 1 year low of $152.73 and a 1 year high of $334.03.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 EPS for the quarter, topping the consensus estimate of $1.91 by $0.23. The business had revenue of $5.46 billion for the quarter, compared to analysts' expectations of $5.26 billion. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. The company's quarterly revenue was up 22.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.41 earnings per share. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. Equities analysts forecast that Texas Instruments Incorporated will post 8.45 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

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 $1.42 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a $5.68 annualized dividend and a dividend yield of 2.2%. Texas Instruments's payout ratio is 86.45%.

Texas Instruments Company Profile

(Free Report)

Texas Instruments Incorporated NASDAQ: TXN designs and manufactures semiconductors used in industrial, automotive, personal electronics, communications equipment and enterprise systems. The company's portfolio is led by analog chips, which manage power, sensing and signal processing, and embedded processing products, including microcontrollers and processors that control electronic systems.

Texas Instruments also develops products such as data converters, amplifiers, interface and connectivity devices, motor drivers, power-management semiconductors and calculators.

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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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