Texas Instruments Incorporated $TXN Shares Sold by HighTower Advisors LLC

Key Points

• HighTower Advisors reduced its Texas Instruments stake by 11.9% in the second quarter, selling 102,903 shares and retaining 763,670 shares valued at approximately $227.6 million. Institutional investors collectively own 84.99% of TXN.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of $312.12; several firms recently raised their targets to between $340 and $400.
• Texas Instruments exceeded quarterly expectations, reporting $2.14 in EPS and $5.46 billion in revenue, while revenue grew 22.8% year over year. The company also pays a quarterly dividend of $1.42 per share, yielding about 2.2% annually.

HighTower Advisors LLC cut its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 11.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 763,670 shares of the semiconductor company's stock after selling 102,903 shares during the period. HighTower Advisors LLC owned approximately 0.08% of Texas Instruments worth $227,627,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in TXN. Strategic Wealth Investment Group LLC acquired a new position in shares of Texas Instruments during the 2nd quarter valued at about $25,000. Advocate Investing Services LLC acquired a new stake in Texas Instruments during the fourth quarter worth about $25,000. Quattro Advisors LLC acquired a new stake in Texas Instruments during the fourth quarter worth about $27,000. Cornerstone Financial Management LLC purchased a new position in Texas Instruments during the fourth quarter worth about $27,000. Finally, Portus Wealth Advisors LLC acquired a new position in Texas Instruments in the 1st quarter valued at about $27,000. Institutional investors and hedge funds own 84.99% of the company's stock.

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 transaction of $1,852,410.00. Following the completion of the transaction, the vice president directly owned 23,181 shares in the company, valued at $6,134,388.03. This trade represents a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.60% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on TXN shares. JPMorgan Chase & Co. increased their price target on shares of Texas Instruments from $280.00 to $340.00 and gave the company an "overweight" rating in a research note on Thursday, July 23rd. Rosenblatt Securities upped their price objective on Texas Instruments from $330.00 to $350.00 and gave the company a "buy" rating in a report on Friday, July 24th. KeyCorp increased their price objective on Texas Instruments from $390.00 to $400.00 and gave the stock an "overweight" rating in a research report on Thursday, July 23rd. Susquehanna raised their target price on Texas Instruments from $300.00 to $340.00 and gave the stock a "positive" rating in a research note on Tuesday, July 21st. Finally, Benchmark lifted 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 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's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $312.12.

Texas Instruments Price Performance

Shares of TXN opened at $258.44 on Monday. The firm has a 50-day simple moving average of $280.18 and a two-hundred day simple moving average of $261.47. The stock has a market cap of $236.02 billion, a PE ratio of 39.34, a P/E/G ratio of 1.45 and a beta of 1.33. Texas Instruments Incorporated has a 1-year low of $152.73 and a 1-year high of $334.03. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.86 and a quick ratio of 3.44.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $5.46 billion for the quarter, compared to analyst estimates of $5.26 billion. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. The business's revenue for the quarter was up 22.8% compared to the same quarter last year. During the same period in the prior year, the business posted $1.41 EPS. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, analysts forecast that Texas Instruments Incorporated will post 8.45 EPS for the current year.

Texas Instruments Announces Dividend

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

About Texas Instruments

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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