The Manufacturers Life Insurance Company Purchases New Stake in Texas Instruments Incorporated $TXN

Key Points

• The Manufacturers Life Insurance Company acquired 1.82 million Texas Instruments shares in the second quarter, valued at approximately $542.3 million and representing a 0.20% stake. Institutional investors collectively own 84.99% of TXN.
• Texas Instruments beat quarterly expectations, reporting $2.14 EPS and $5.46 billion in revenue, with revenue up 22.8% year over year. The company guided for third-quarter 2026 EPS of $2.23–$2.57.
• Analyst sentiment is broadly positive, with a “Moderate Buy” consensus and an average price target of $312.12. Texas Instruments also maintains a quarterly dividend of $1.42 per share, or $5.68 annualized.

The Manufacturers Life Insurance Company acquired a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,819,316 shares of the semiconductor company's stock, valued at approximately $542,275,000. The Manufacturers Life Insurance Company owned 0.20% of Texas Instruments as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Swiss Life Asset Management Ltd grew its position in Texas Instruments by 10.1% in the fourth quarter. Swiss Life Asset Management Ltd now owns 555,199 shares of the semiconductor company's stock valued at $96,321,000 after acquiring an additional 50,808 shares in the last quarter. Contravisory Investment Management Inc. purchased a new position in shares of Texas Instruments in the second quarter valued at $1,493,000. K.J. Harrison & Partners Inc purchased a new stake in Texas Instruments during the 4th quarter worth $1,735,000. Thrivent Financial for Lutherans lifted its holdings in Texas Instruments by 126.0% in the 4th quarter. Thrivent Financial for Lutherans now owns 150,454 shares of the semiconductor company's stock worth $26,114,000 after buying an additional 83,884 shares in the last quarter. Finally, RNC Capital Management LLC purchased a new position in Texas Instruments in the 4th quarter valued at about $2,751,000. Institutional investors and hedge funds own 84.99% of the company's stock.

Texas Instruments Stock Performance

Texas Instruments stock opened at $258.94 on Tuesday. The company has a market cap of $236.48 billion, a PE ratio of 39.41, a P/E/G ratio of 1.04 and a beta of 1.33. The company has a fifty day moving average price of $289.42 and a two-hundred day moving average price of $259.23. 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 Incorporated has a 12 month low of $152.73 and a 12 month high of $334.03.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share (EPS) 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 for the quarter, compared to analysts' expectations of $5.26 billion. During the same quarter last year, the company posted $1.41 earnings per share. Texas Instruments'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. Research analysts expect that Texas Instruments Incorporated will post 8.42 earnings per share for the current year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st were paid a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Friday, July 31st. Texas Instruments's payout ratio is presently 86.45%.

Analysts Set New Price Targets

Several research analysts recently commented on TXN shares. Rosenblatt Securities boosted their price target on Texas Instruments from $330.00 to $350.00 and gave the stock a "buy" rating in a research note on Friday, July 24th. Mizuho increased their price objective 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. Zacks Research raised shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a report on Monday, August 10th. Jefferies Financial Group raised shares of Texas Instruments from a "hold" rating to a "buy" rating in a research report on Friday, May 22nd. Finally, Arete Research set a $405.00 price target on shares of Texas Instruments and gave the stock a "buy" rating in a research report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $312.12.

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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