Texas Instruments Incorporated $TXN Stock: Fort Washington Investment Advisors Inc. OH Cuts Holdings

Key Points

• Fort Washington Investment Advisors cut its Texas Instruments holdings by 8.1% in the third quarter, selling 43,659 shares and retaining 493,241 shares worth approximately $138.2 million. Institutional investors collectively own 84.99% of TXN.
• Analysts have a mixed outlook, with 16 Buy, 10 Hold, and 4 Sell ratings; the consensus rating is Hold with an average price target of $304.26.
• Texas Instruments exceeded quarterly expectations with $2.14 in EPS and $5.46 billion in revenue, while raising its quarterly dividend to $1.52 per share, equivalent to a 2.2% annual yield.

Fort Washington Investment Advisors Inc. OH trimmed its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 8.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 493,241 shares of the semiconductor company's stock after selling 43,659 shares during the period. Fort Washington Investment Advisors Inc. OH owned 0.05% of Texas Instruments worth $138,152,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in TXN. B.A. Schrock Wealth Management Inc. acquired a new stake in shares of Texas Instruments in the 3rd quarter valued at approximately $369,000. Mather Group LLC. grew its stake in Texas Instruments by 62.7% in the third quarter. Mather Group LLC. now owns 12,524 shares of the semiconductor company's stock valued at $3,508,000 after acquiring an additional 4,828 shares during the period. Fortitude Family Office LLC lifted its holdings in shares of Texas Instruments by 43.3% during the 3rd quarter. Fortitude Family Office LLC now owns 503 shares of the semiconductor company's stock valued at $141,000 after purchasing an additional 152 shares in the last quarter. Harbor Group Inc. raised its holdings in Texas Instruments by 15.6% during the 3rd quarter. Harbor Group Inc. now owns 1,527 shares of the semiconductor company's stock worth $428,000 after buying an additional 206 shares during the period. Finally, Triumph Capital Management increased its position in shares of Texas Instruments by 10.3% during the third quarter. Triumph Capital Management now owns 599 shares of the semiconductor company's stock worth $168,000 after acquiring an additional 56 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Analysts Set New Price Targets

TXN has been the topic of a number of research reports. Sanford C. Bernstein boosted their price target on Texas Instruments from $250.00 to $290.00 and gave the company a "market perform" rating in a report on Thursday, July 23rd. Rosenblatt Securities raised their target price on shares of Texas Instruments from $330.00 to $350.00 and gave the company a "buy" rating in a research report on Friday, July 24th. Morgan Stanley raised their price objective on Texas Instruments from $230.00 to $255.00 and gave the company an "underweight" rating in a report on Thursday, July 23rd. KeyCorp lifted their target price on Texas Instruments from $390.00 to $400.00 and gave the company an "overweight" rating in a research report on Thursday, July 23rd. Finally, UBS Group reaffirmed a "buy" rating and set a $380.00 price target (up from $350.00) on shares of Texas Instruments in a research report on Thursday, July 23rd. Sixteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $304.26.

Insider Activity at Texas Instruments

In other news, VP Tsedeniya Abraham sold 7,000 shares of Texas Instruments stock in a transaction dated 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 of the company's stock, valued at approximately $6,134,388.03. This trade represents a 23.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.60% of the company's stock.

Texas Instruments Stock Performance

Shares of Texas Instruments stock opened at $280.65 on Thursday. Texas Instruments Incorporated has a fifty-two week low of $152.73 and a fifty-two week 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. The firm has a market capitalization 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 company's 50 day moving average price is $271.93 and its two-hundred day moving average price is $275.79.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly 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. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. The company had revenue of $5.46 billion during the quarter, compared to the consensus estimate of $5.26 billion. During the same period in the prior year, the business earned $1.41 earnings per share. The company's revenue for the quarter 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, equities analysts forecast that Texas Instruments Incorporated will post 8.45 earnings per share 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 given a $1.52 dividend. This is a boost from Texas Instruments's previous quarterly dividend of $1.42. This represents a $6.08 annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, October 30th. Texas Instruments's dividend payout ratio is 92.54%.

Texas Instruments Company 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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