Texas Instruments Incorporated $TXN Stock Position Raised by Geode Capital Management LLC

Key Points

• Geode Capital Management increased its Texas Instruments stake by 1.1% in the fourth quarter, ending with 22.9 million shares valued at about $3.95 billion. Institutional ownership of TXN remains very high at 84.99%.
• Recent analyst updates have been constructive, with Bank of America raising its price target to $370 and Seaport Research upgrading TXN to Buy, both pointing to rising data center power demand and AI-related growth as key drivers.
• Texas Instruments also reported strong quarterly results, beating EPS estimates and lifting revenue 18.6% year over year, while guiding Q2 EPS above expectations; the stock is also supported by a 1.8% dividend yield.

Geode Capital Management LLC lifted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,865,312 shares of the semiconductor company's stock after acquiring an additional 248,515 shares during the quarter. Geode Capital Management LLC owned 2.52% of Texas Instruments worth $3,952,933,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of TXN. High Point Wealth Management LLC bought a new stake in shares of Texas Instruments during the 4th quarter worth $25,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of Texas Instruments during the second quarter worth $25,000. Ares Financial Consulting LLC purchased a new stake in shares of Texas Instruments during the fourth quarter worth $26,000. Tucker Asset Management LLC purchased a new stake in shares of Texas Instruments during the fourth quarter worth $29,000. Finally, Nvest Wealth Strategies Inc. bought a new position in Texas Instruments during the fourth quarter valued at about $33,000. 84.99% of the stock is owned by institutional investors.

More Texas Instruments News

Here are the key news stories impacting Texas Instruments this week:

• Positive Sentiment: Bank of America raised its price target on Texas Instruments to $370 from $320 and kept a Buy rating, citing meaningful upside from data center power demand and AI-related growth.
• Positive Sentiment: Seaport Research upgraded TXN to Buy and said rising power needs in data centers, along with increasing electrical intensity per rack, could boost demand for Texas Instruments’ analog and power chips.
• Positive Sentiment: Recent articles highlighted TXN as a key beneficiary of the AI power buildout, including its work on 800V power distribution for next-generation data centers, which could support longer-term revenue and margin growth.
• Positive Sentiment: Investors continue to focus on TXN’s strong Q1 earnings beat and upbeat Q2 guidance, which reinforced confidence that demand from data centers and industrial customers is holding up well.

Texas Instruments Stock Performance

TXN stock opened at $317.45 on Thursday. The company has a debt-to-equity ratio of 0.77, a current ratio of 4.46 and a quick ratio of 2.94. The company has a 50 day moving average price of $246.04 and a 200 day moving average price of $209.82. Texas Instruments Incorporated has a fifty-two week low of $152.73 and a fifty-two week high of $331.51. The stock has a market capitalization of $288.91 billion, a PE ratio of 54.36, a price-to-earnings-growth ratio of 1.63 and a beta of 1.31.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.31. Texas Instruments had a net margin of 29.11% and a return on equity of 32.49%. The firm had revenue of $4.83 billion during the quarter, compared to analysts' expectations of $4.85 billion. During the same quarter in the previous year, the company posted $1.23 EPS. Texas Instruments's revenue was up 18.6% on a year-over-year basis. Texas Instruments has set its Q2 2026 guidance at 1.770-2.050 EPS. Analysts forecast that Texas Instruments Incorporated will post 7.66 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 19th. Shareholders of record on Tuesday, May 5th were issued a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Tuesday, May 5th. Texas Instruments's payout ratio is currently 97.26%.

Insider Activity

In other Texas Instruments news, Director Carrie Smith Cox sold 8,838 shares of Texas Instruments stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $306.41, for a total transaction of $2,708,051.58. Following the completion of the sale, the director owned 37,626 shares of the company's stock, valued at approximately $11,528,982.66. The trade was a 19.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Haviv Ilan sold 20,000 shares of Texas Instruments stock in a transaction on Monday, May 4th. The stock was sold at an average price of $280.32, for a total transaction of $5,606,400.00. Following the sale, the chief executive officer directly owned 204,339 shares of the company's stock, valued at $57,280,308.48. This represents a 8.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 303,475 shares of company stock worth $85,666,638. Corporate insiders own 0.60% of the company's stock.

Analyst Upgrades and Downgrades

TXN has been the topic of several recent research reports. Wolfe Research restated an "outperform" rating and set a $315.00 target price on shares of Texas Instruments in a report on Thursday, April 23rd. Raymond James Financial set a $240.00 target price on Texas Instruments in a research report on Wednesday, January 28th. HC Wainwright downgraded Texas Instruments to a "neutral" rating in a research report on Friday, May 22nd. DZ Bank raised Texas Instruments to a "strong sell" rating in a report on Monday, February 9th. Finally, The Goldman Sachs Group lifted their price objective on Texas Instruments from $175.00 to $200.00 and gave the company a "sell" rating in a report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, Texas Instruments has an average rating of "Hold" and a consensus target price of $265.57.

Texas Instruments Profile

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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