Texas Instruments Incorporated $TXN Stock Sold by Commonwealth Equity Services LLC

Key Points

• Commonwealth Equity Services cut its Texas Instruments stake by 7.9% in the third quarter, selling 13,673 shares and retaining 159,487 shares valued at about $44.7 million.
• Texas Instruments beat quarterly estimates, reporting EPS of $2.62 versus $2.40 expected and revenue of $6.05 billion, up 27.7% year over year.
• Analysts’ consensus rating was “Moderate Buy,” with an average price target of $315.37. The company also raised its quarterly dividend from $1.42 to $1.52 per share.

Commonwealth Equity Services LLC cut its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 7.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 159,487 shares of the semiconductor company's stock after selling 13,673 shares during the quarter. Commonwealth Equity Services LLC's holdings in Texas Instruments were worth $44,671,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of TXN. BlackRock Inc. bought a new stake in Texas Instruments during the 2nd quarter valued at about $24,607,313,000. Bank of New York Mellon Corp bought a new position in shares of Texas Instruments in the second quarter worth approximately $4,488,666,000. Bank of America Corp DE bought a new position in shares of Texas Instruments in the second quarter worth approximately $3,700,842,000. Van ECK Associates Corp grew its holdings in shares of Texas Instruments by 1.5% during the second quarter. Van ECK Associates Corp now owns 12,149,167 shares of the semiconductor company's stock valued at $3,621,302,000 after buying an additional 177,511 shares during the last quarter. Finally, Primecap Management Co. CA purchased a new stake in shares of Texas Instruments during the second quarter valued at approximately $2,538,063,000. Hedge funds and other institutional investors own 84.99% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Truist Financial set a $305.00 price target on shares of Texas Instruments in a research report on Thursday, October 22nd. DZ Bank upgraded shares of Texas Instruments from a "sell" rating to a "hold" rating and set a $300.00 price objective for the company in a report on Wednesday, October 28th. Stifel Nicolaus upped their price objective on Texas Instruments from $360.00 to $370.00 and gave the company a "buy" rating in a research report on Thursday, October 22nd. Rosenblatt Securities increased their target price on Texas Instruments from $350.00 to $360.00 and gave the company a "buy" rating in a research note on Thursday, October 22nd. Finally, Freedom Broker upgraded Texas Instruments from a "hold" rating to a "buy" rating and increased their target price for the company from $260.00 to $330.00 in a research note on Thursday, October 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $315.37.

Insider Activity at Texas Instruments

In related news, Director Janet Clark sold 4,306 shares of the stock in a transaction that occurred on Tuesday, October 27th. The shares were sold at an average price of $302.46, for a total transaction of $1,302,392.76. Following the transaction, the director owned 11,341 shares in the company, valued at $3,430,198.86. This represents a 27.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Pamela Patsley sold 4,532 shares of the firm's stock in a transaction that occurred on Tuesday, October 27th. The stock was sold at an average price of $301.56, for a total transaction of $1,366,669.92. Following the completion of the sale, the director owned 34,487 shares in the company, valued at $10,399,899.72. This represents a 11.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 27,968 shares of company stock valued at $8,236,892 over the last quarter. 0.60% of the stock is owned by company insiders.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $277.36 on Friday. Texas Instruments Incorporated has a fifty-two week low of $152.73 and a fifty-two week high of $334.03. The business has a 50-day simple moving average of $279.06 and a two-hundred day simple moving average of $261.41. The company has a debt-to-equity ratio of 0.67, a quick ratio of 4.05 and a current ratio of 5.59. The firm has a market cap of $253.44 billion, a price-to-earnings ratio of 35.97, a price-to-earnings-growth ratio of 1.36 and a beta of 1.39.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.40 by $0.22. The business had revenue of $6.05 billion for the quarter, compared to analysts' expectations of $5.94 billion. Texas Instruments had a net margin of 34.25% and a return on equity of 40.51%. The business's revenue for the quarter was up 27.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.48 EPS. On average, analysts expect that Texas Instruments Incorporated will post 8.97 earnings per share for the current year.

Texas Instruments Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 30th will be issued a dividend of $1.52 per share. The ex-dividend date of this dividend is Friday, October 30th. This is a positive change from Texas Instruments's previous quarterly dividend of $1.42. This represents a $6.08 annualized dividend and a dividend yield of 2.2%. Texas Instruments's dividend payout ratio is presently 78.86%.

Key Texas Instruments News

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

• Positive Sentiment: Zacks Research raised its Texas Instruments earnings estimates across multiple periods and maintained a “Strong-Buy” rating. It now projects EPS of $8.89 for FY2026, $10.78 for FY2027 and $12.33 for FY2028, suggesting improving expectations for earnings growth. Texas Instruments coverage
• Positive Sentiment: TI announced a compact, pre-certified multiprotocol Industrial Ethernet module and an IO-Link master aimed at connected factories. The products expand its industrial communications portfolio, though the announcement’s near-term financial impact is unclear. Product announcement
• Neutral Sentiment: TI priced $2.0 billion in senior unsecured notes to help finance its planned acquisition of Silicon Laboratories and transaction costs. The financing supports the deal but adds debt; investors will likely focus on the acquisition’s eventual returns. Debt and acquisition coverage
• Negative Sentiment: Recent weakness in TXN has been linked to a broad technology selloff and an AMD quantum-computing announcement that rattled analog-chip shares. These appear to be sector sentiment pressures rather than company-specific deterioration. Sector selloff coverage

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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