Wellington Management Group LLP Sells 345,254 Shares of Texas Instruments Incorporated $TXN

Key Points

• Wellington Management reduced its Texas Instruments stake by 2.6%, selling 345,254 shares and retaining 13.12 million shares valued at approximately $3.91 billion. Institutional investors collectively own 84.99% of TXN.
• Analyst sentiment remains favorable, with Texas Instruments carrying a consensus “Moderate Buy” rating and an average price target of $312.12; several firms recently raised their targets to $340 or higher.
• Texas Instruments exceeded quarterly expectations, reporting $2.14 in EPS and $5.46 billion in revenue, with revenue up 22.8% year over year. The company also declared a $1.42 quarterly dividend, equivalent to a 2.2% annualized yield.

Wellington Management Group LLP trimmed its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,121,140 shares of the semiconductor company's stock after selling 345,254 shares during the period. Texas Instruments accounts for about 0.7% of Wellington Management Group LLP's investment portfolio, making the stock its 21st biggest holding. Wellington Management Group LLP owned about 1.44% of Texas Instruments worth $3,911,018,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of the stock. BlackRock Inc. purchased a new position in shares of Texas Instruments in the 2nd quarter valued at approximately $24,607,313,000. State Street Corp grew its stake in Texas Instruments by 0.5% in the third quarter. State Street Corp now owns 43,555,112 shares of the semiconductor company's stock worth $8,002,381,000 after purchasing an additional 230,098 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Texas Instruments by 6.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 24,288,604 shares of the semiconductor company's stock worth $4,213,832,000 after purchasing an additional 1,517,420 shares during the period. Geode Capital Management LLC raised its holdings in Texas Instruments by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 22,865,312 shares of the semiconductor company's stock worth $3,952,933,000 after purchasing an additional 248,515 shares in the last quarter. Finally, Invesco Ltd. lifted its position in Texas Instruments by 10.6% during the fourth quarter. Invesco Ltd. now owns 18,184,514 shares of the semiconductor company's stock valued at $3,154,831,000 after buying an additional 1,749,513 shares during the period. Institutional investors own 84.99% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. UBS Group restated a "buy" rating and set a $380.00 target price on shares of Texas Instruments in a report on Thursday, July 23rd. Wall Street Zen upgraded shares of Texas Instruments from a "hold" rating to a "buy" rating in a research note on Saturday, July 18th. HC Wainwright cut shares of Texas Instruments to a "neutral" rating in a research report on Friday, May 22nd. JPMorgan Chase & Co. boosted their price objective on shares of Texas Instruments from $280.00 to $340.00 and gave the stock an "overweight" rating in a research note on Thursday, July 23rd. Finally, Susquehanna upped their price objective on shares of Texas Instruments from $300.00 to $340.00 and gave the stock a "positive" rating in a report on Tuesday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have assigned a Hold rating and four 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 a consensus price target of $312.12.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $258.64 on Friday. The business has a fifty day moving average price of $285.30 and a 200-day moving average price of $260.06. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.86 and a quick ratio of 3.44. The company has a market capitalization of $236.20 billion, a PE ratio of 39.37, a PEG ratio of 1.05 and a beta of 1.33. Texas Instruments Incorporated has a 1-year low of $152.73 and a 1-year high of $334.03.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly 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 company had revenue of $5.46 billion for the quarter, compared to analysts' expectations of $5.26 billion. During the same quarter in the previous year, the business posted $1.41 EPS. Texas Instruments's revenue 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. As a group, equities analysts expect that Texas Instruments Incorporated will post 8.42 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

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

Texas Instruments Company 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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