Texas Instruments Incorporated $TXN Stock: Ninety One UK Ltd Cuts Holdings

Key Points

• Ninety One UK Ltd cut its Texas Instruments stake by 43.7% in the third quarter, selling 171,470 shares and retaining 220,877 shares valued at approximately $61.9 million. Institutional investors collectively own 84.99% of the company.
• Texas Instruments reported quarterly EPS of $2.14, exceeding the $1.91 consensus estimate, 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, equivalent to a $6.08 annualized payout and a 2.2% yield. TXN recently traded at $277.64, while analysts maintained an overall “Hold” rating with an average price target of $304.26.

Ninety One UK Ltd lessened its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 43.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 220,877 shares of the semiconductor company's stock after selling 171,470 shares during the quarter. Ninety One UK Ltd's holdings in Texas Instruments were worth $61,865,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. Mainsail Asset Management LLC lifted its stake in Texas Instruments by 6.6% in the third quarter. Mainsail Asset Management LLC now owns 909 shares of the semiconductor company's stock valued at $270,000 after buying an additional 56 shares during the period. Nvwm LLC boosted its holdings in Texas Instruments by 550.0% during the third quarter. Nvwm LLC now owns 117 shares of the semiconductor company's stock worth $33,000 after buying an additional 99 shares during the last quarter. Viking Fund Management LLC grew its position in shares of Texas Instruments by 9.4% during the 3rd quarter. Viking Fund Management LLC now owns 35,000 shares of the semiconductor company's stock worth $9,803,000 after buying an additional 3,000 shares during the period. B.A. Schrock Wealth Management Inc. acquired a new position in shares of Texas Instruments during the 3rd quarter worth about $369,000. Finally, Mather Group LLC. grew its position in shares of Texas Instruments by 62.7% during the 3rd quarter. Mather Group LLC. now owns 12,524 shares of the semiconductor company's stock worth $3,508,000 after buying an additional 4,828 shares during the period. Institutional investors own 84.99% of the company's stock.

Texas Instruments Trading Down 1.1%

TXN stock traded down $3.01 during midday trading on Thursday, hitting $277.64. 3,173,711 shares of the company's stock were exchanged, compared to its average volume of 7,530,720. Texas Instruments Incorporated has a one year low of $152.73 and a one year high of $334.03. 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 $253.55 billion, a PE ratio of 42.19, a price-to-earnings-growth ratio of 1.61 and a beta of 1.35. The stock's fifty day moving average price is $271.93 and its 200-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. The company had revenue of $5.46 billion during the quarter, compared to the consensus estimate of $5.26 billion. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%. The company'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 company earned $1.41 earnings per share. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. Research analysts predict that Texas Instruments Incorporated will post 8.45 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 30th will be given a $1.52 dividend. The ex-dividend date is Friday, October 30th. This represents a $6.08 annualized dividend and a dividend yield of 2.2%. This is a boost from Texas Instruments's previous quarterly dividend of $1.42. Texas Instruments's payout ratio is presently 92.54%.

Insider Activity

In related 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 completion of the sale, the vice president directly owned 23,181 shares of the company's stock, valued at approximately $6,134,388.03. This represents a 23.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.60% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on TXN. The Goldman Sachs Group upped their price target on Texas Instruments from $200.00 to $225.00 and gave the company a "sell" rating in a research note on Thursday, July 23rd. Weiss Ratings raised shares of Texas Instruments from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, October 9th. JPMorgan Chase & Co. boosted their price objective on shares of Texas Instruments from $280.00 to $340.00 and gave the company an "overweight" rating in a report on Thursday, July 23rd. Rosenblatt Securities boosted their price objective on shares of Texas Instruments from $330.00 to $350.00 and gave the company a "buy" rating in a report on Friday, July 24th. Finally, 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. 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 company. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $304.26.

About Texas Instruments

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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