Texas Instruments Incorporated $TXN Stock Position Increased by Envestnet Portfolio Solutions Inc.

Key Points

• Envestnet Portfolio Solutions increased its Texas Instruments stake by 46.7% in the second quarter, bringing its holdings to 26,126 shares valued at $7.8 million. Institutional investors collectively own approximately 85% of TXN.
• Texas Instruments reported stronger-than-expected quarterly results, with $2.14 earnings per share and $5.46 billion in revenue, representing 22.8% year-over-year growth. The company issued third-quarter 2026 EPS guidance of $2.23 to $2.57.
• The company raised its quarterly dividend to $1.52 per share, or $6.08 annually, producing a 2.2% yield. Despite mostly positive analyst ratings, TXN carries an overall “Hold” consensus and an average price target of $312.12.

Envestnet Portfolio Solutions Inc. grew its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 46.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,126 shares of the semiconductor company's stock after purchasing an additional 8,312 shares during the quarter. Envestnet Portfolio Solutions Inc.'s holdings in Texas Instruments were worth $7,787,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Contravisory Investment Management Inc. purchased a new stake in Texas Instruments in the 2nd quarter valued at about $1,493,000. Quantbot Technologies LP purchased a new position in shares of Texas Instruments during the 2nd quarter worth about $1,962,000. Ieq Capital LLC purchased a new position in shares of Texas Instruments during the 2nd quarter worth about $17,709,000. Nomura Asset Management Co. Ltd. boosted its position in shares of Texas Instruments by 3.1% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 355,462 shares of the semiconductor company's stock worth $61,669,000 after acquiring an additional 10,839 shares during the last quarter. Finally, Liontrust Investment Partners LLP acquired a new stake in shares of Texas Instruments in the first quarter worth approximately $13,056,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on TXN. Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Texas Instruments in a research report on Wednesday, September 9th. UBS Group reissued a "buy" rating and set a $380.00 price objective on shares of Texas Instruments in a research note on Thursday, July 23rd. The Goldman Sachs Group upped their price objective on Texas Instruments from $200.00 to $225.00 and gave the stock a "sell" rating in a report on Thursday, July 23rd. Zacks Research lowered Texas Instruments from a "strong-buy" rating to a "hold" rating in a research report on Monday. Finally, Truist Financial lifted their target price on Texas Instruments from $278.00 to $300.00 and gave the company a "hold" rating in a report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, nine have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $312.12.

Texas Instruments Price Performance

Texas Instruments stock opened at $270.65 on Friday. The firm has a fifty day moving average of $270.61 and a 200-day moving average of $266.68. Texas Instruments Incorporated has a 52-week low of $152.73 and a 52-week high of $334.03. The company has a quick ratio of 3.44, a current ratio of 4.86 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $247.17 billion, a P/E ratio of 41.19, a PEG ratio of 1.52 and a beta of 1.33.

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 for the quarter, topping analysts' consensus estimates 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 during 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 firm's revenue was up 22.8% on a year-over-year basis. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, analysts predict that Texas Instruments Incorporated will post 8.45 EPS for the current year.

Texas Instruments Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 30th will be paid a dividend of $1.52 per share. This is a positive change from Texas Instruments's previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, October 30th. This represents a $6.08 annualized dividend and a yield of 2.2%. Texas Instruments's payout ratio is presently 86.45%.

Insider Transactions at Texas Instruments

In other Texas Instruments news, VP Tsedeniya Abraham sold 7,000 shares of the business's stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $264.63, for a total value of $1,852,410.00. Following the transaction, the vice president owned 23,181 shares in the company, valued at $6,134,388.03. The trade was a 23.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.60% of the stock is owned by company insiders.

About Texas Instruments

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.

Want to see what other hedge funds are holding TXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Instruments Incorporated (NASDAQ:TXN - Free Report).

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.