VIRGINIA RETIREMENT SYSTEMS ET Al Makes New $1.64 Million Investment in Texas Instruments Incorporated $TXN

Key Points

• Virginia Retirement Systems acquired 5,500 Texas Instruments shares worth approximately $1.64 million during the second quarter, while institutional investors collectively own 84.99% of the stock.
• Texas Instruments reported quarterly EPS of $2.14, beating estimates of $1.91, while revenue rose 22.8% year over year to $5.46 billion. The company issued third-quarter 2026 EPS guidance of $2.23 to $2.57.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $312.12, and the company pays a quarterly dividend of $1.42 per share, yielding approximately 2.1%.

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 5,500 shares of the semiconductor company's stock, valued at approximately $1,639,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. California State Teachers Retirement System lifted its holdings in Texas Instruments by 30,012.9% in the 2nd quarter. California State Teachers Retirement System now owns 412,312,183 shares of the semiconductor company's stock worth $122,897,892,000 after buying an additional 410,942,962 shares in the last quarter. BlackRock Inc. purchased a new position in Texas Instruments in the 2nd quarter valued at about $24,607,313,000. Bank of New York Mellon Corp acquired a new stake in shares of Texas Instruments during the second quarter valued at about $4,488,666,000. Norges Bank purchased a new stake in shares of Texas Instruments during the fourth quarter worth about $2,516,628,000. Finally, Bank of America Corp DE purchased a new stake in shares of Texas Instruments during the second quarter worth about $3,700,842,000. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Texas Instruments Stock Up 3.8%

NASDAQ:TXN opened at $268.70 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 3.44 and a current ratio of 4.86. The company has a market capitalization of $245.39 billion, a price-to-earnings ratio of 40.90, a price-to-earnings-growth ratio of 1.45 and a beta of 1.33. Texas Instruments Incorporated has a one year low of $152.73 and a one year high of $334.03. The stock has a 50-day simple moving average of $276.95 and a 200 day simple moving average of $262.57.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.23. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%.The firm had revenue of $5.46 billion for the quarter, compared to analysts' expectations of $5.26 billion. During the same quarter in the prior year, the firm posted $1.41 earnings per share. Texas Instruments's revenue for the quarter was up 22.8% compared to the same quarter last year. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. Sell-side analysts predict that Texas Instruments Incorporated will post 8.45 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 11th. Investors of record on Friday, July 31st were given a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, July 31st. Texas Instruments's dividend payout ratio is currently 86.45%.

Insider Transactions at Texas Instruments

In related news, VP Tsedeniya Abraham sold 7,000 shares of the firm's stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $264.63, for a total transaction of $1,852,410.00. Following 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.60% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms recently commented on TXN. Benchmark boosted their price target on Texas Instruments from $315.00 to $360.00 and gave the stock a "buy" rating in a research note on Thursday, July 23rd. Wells Fargo & Company raised their price objective on Texas Instruments from $300.00 to $310.00 and gave the company an "equal weight" rating in a research note on Thursday, July 23rd. Citigroup restated a "buy" rating on shares of Texas Instruments in a report on Tuesday, July 14th. Zacks Research upgraded Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 10th. Finally, Stifel Nicolaus raised their price target on shares of Texas Instruments from $340.00 to $360.00 and gave the stock a "buy" rating in a research report on Wednesday, June 24th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $312.12.

Texas Instruments Profile

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.

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