Texas Instruments Incorporated $TXN Stock: Sanders Morris Harris LLC Raises Stake

Key Points

• Sanders Morris Harris LLC increased its Texas Instruments stake by 732.8% in the third quarter, reaching 6,471 shares valued at approximately $1.81 million. Institutional investors and hedge funds collectively own 84.99% of TXN.
• Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $304.26. Recent target changes ranged from $225 to $381.
• Texas Instruments exceeded quarterly earnings and revenue estimates, reporting $2.14 EPS and $5.46 billion in revenue, while raising its quarterly dividend to $1.52 per share—an annualized yield of about 2.2%.

Sanders Morris Harris LLC grew its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 732.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,471 shares of the semiconductor company's stock after acquiring an additional 5,694 shares during the quarter. Sanders Morris Harris LLC's holdings in Texas Instruments were worth $1,811,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in TXN. Contravisory Investment Management Inc. acquired a new stake in shares of Texas Instruments in the 2nd quarter worth about $1,493,000. Quantbot Technologies LP bought a new stake in Texas Instruments in the 2nd quarter valued at about $1,962,000. Ieq Capital LLC bought a new stake in Texas Instruments in the 2nd quarter valued at about $17,709,000. Liontrust Investment Partners LLP acquired a new position in Texas Instruments during the 1st quarter valued at about $13,056,000. Finally, Heartland Advisors Inc. acquired a new position in Texas Instruments during the 2nd quarter valued at about $4,396,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have commented on TXN shares. The Goldman Sachs Group upped their target price on shares of Texas Instruments from $200.00 to $225.00 and gave the stock a "sell" rating in a research report on Thursday, July 23rd. Weiss Ratings raised Texas Instruments from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday. Cantor Fitzgerald reiterated a "neutral" rating and set a $300.00 price objective (up from $280.00) on shares of Texas Instruments in a research report on Wednesday, September 9th. Citigroup reiterated a "buy" rating and set a $345.00 price objective (up from $280.00) on shares of Texas Instruments in a research report on Tuesday, July 14th. Finally, Arete Research decreased their price objective on Texas Instruments from $405.00 to $381.00 and set a "buy" rating for the company in a report on Thursday, August 20th. Sixteen equities research 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. Based on data from MarketBeat.com, Texas Instruments has a consensus rating of "Hold" and an average price target of $304.26.

Texas Instruments Stock Performance

Shares of NASDAQ TXN traded down $7.20 during midday trading on Wednesday, reaching $280.65. 6,918,910 shares of the company traded hands, compared to its average volume of 7,553,137. The company has a market cap of $256.30 billion, a price-to-earnings ratio of 42.72, a PEG ratio of 1.58 and a beta of 1.35. The stock has a 50-day moving average price of $271.87 and a 200 day moving average price of $275.18. Texas Instruments Incorporated has a 52 week low of $152.73 and a 52 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.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.91 by $0.23. The firm had revenue of $5.46 billion during 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%. Texas Instruments's revenue was up 22.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.41 EPS. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. Sell-side analysts anticipate that Texas Instruments Incorporated will post 8.45 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 30th will be paid a $1.52 dividend. The ex-dividend date of this dividend is Friday, October 30th. This represents a $6.08 dividend on an annualized basis and a dividend yield of 2.2%. This is an increase from Texas Instruments's previous quarterly dividend of $1.42. Texas Instruments's dividend payout ratio (DPR) is currently 86.45%.

Insider Activity

In other news, VP Tsedeniya Abraham sold 7,000 shares of the stock in a transaction that occurred 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 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 legal filing with the SEC, which is accessible through this link. 0.60% of the stock is owned by company insiders.

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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