Sen. Markwayne Mullin Buys Texas Instruments Incorporated (NASDAQ:TXN) Stock

Senator Markwayne Mullin (R-Oklahoma) recently bought shares of Texas Instruments Incorporated NASDAQ: TXN. In a filing disclosed on June 11th, the Senator disclosed that they had bought between $15,001 and $50,000 in Texas Instruments stock on May 13th.

Senator Markwayne Mullin also recently made the following trade(s):

• Purchased $50,001 - $100,000 in shares of Valero Energy NYSE: VLO on 5/13/2025.
• Purchased $15,001 - $50,000 in shares of LPL Financial NASDAQ: LPLA on 5/13/2025.
• Purchased $50,001 - $100,000 in shares of Chevron NYSE: CVX on 5/13/2025.
• Purchased $50,001 - $100,000 in shares of Zoetis NYSE: ZTS on 5/13/2025.
• Purchased $15,001 - $50,000 in shares of L3Harris Technologies NYSE: LHX on 5/13/2025.
• Purchased $15,001 - $50,000 in shares of Adobe NASDAQ: ADBE on 5/13/2025.
• Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 5/13/2025.
• Purchased $15,001 - $50,000 in shares of ConocoPhillips NYSE: COP on 5/13/2025.
• Purchased $15,001 - $50,000 in shares of Applied Materials NASDAQ: AMAT on 5/13/2025.
• Sold $500,001 - $1,000,000 in shares of SPDR S&P 500 ETF Trust NYSEARCA: SPY on 5/13/2025.

Texas Instruments Price Performance

TXN stock traded down $1.45 during midday trading on Friday, reaching $184.24. The stock had a trading volume of 1,520,198 shares, compared to its average volume of 7,347,859. The company's fifty day simple moving average is $200.37 and its 200 day simple moving average is $185.56. The company has a current ratio of 5.81, a quick ratio of 3.37 and a debt-to-equity ratio of 0.86. The company has a market cap of $167.38 billion, a price-to-earnings ratio of 33.73, a price-to-earnings-growth ratio of 3.01 and a beta of 1.03. Texas Instruments Incorporated has a 52-week low of $139.95 and a 52-week high of $221.69.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, topping the consensus estimate of $1.32 by $0.09. Texas Instruments had a return on equity of 30.10% and a net margin of 30.23%. The business had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.31 billion. During the same quarter in the previous year, the firm earned $1.17 EPS. The company's quarterly revenue was up 16.4% compared to the same quarter last year. As a group, sell-side analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 12th. Shareholders of record on Thursday, July 31st will be issued a $1.36 dividend. The ex-dividend date of this dividend is Thursday, July 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.95%. Texas Instruments's payout ratio is currently 99.63%.

Hedge Funds Weigh In On Texas Instruments

Several institutional investors have recently bought and sold shares of TXN. Kestra Private Wealth Services LLC grew its position in shares of Texas Instruments by 10.9% during the first quarter. Kestra Private Wealth Services LLC now owns 63,786 shares of the semiconductor company's stock worth $11,462,000 after buying an additional 6,267 shares in the last quarter. Mizuho Securities USA LLC grew its position in shares of Texas Instruments by 46.0% during the fourth quarter. Mizuho Securities USA LLC now owns 86,457 shares of the semiconductor company's stock worth $16,212,000 after buying an additional 27,251 shares in the last quarter. Union Bancaire Privee UBP SA acquired a new position in shares of Texas Instruments during the fourth quarter worth about $6,544,000. Banque Pictet & Cie SA grew its position in shares of Texas Instruments by 0.9% during the fourth quarter. Banque Pictet & Cie SA now owns 2,197,676 shares of the semiconductor company's stock worth $412,086,000 after buying an additional 18,650 shares in the last quarter. Finally, Nicholas Hoffman & Company LLC. grew its position in shares of Texas Instruments by 17.9% during the fourth quarter. Nicholas Hoffman & Company LLC. now owns 5,125 shares of the semiconductor company's stock worth $961,000 after buying an additional 778 shares in the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on TXN. Citigroup reiterated a "buy" rating on shares of Texas Instruments in a report on Tuesday. DZ Bank reiterated a "sell" rating and set a $158.00 price target on shares of Texas Instruments in a report on Wednesday. Susquehanna reduced their price target on Texas Instruments from $250.00 to $240.00 and set a "positive" rating on the stock in a report on Tuesday. Seaport Res Ptn upgraded Texas Instruments from a "strong sell" rating to a "hold" rating in a report on Monday. Finally, Arete began coverage on Texas Instruments in a report on Thursday, June 26th. They set a "neutral" rating and a $203.80 price target on the stock. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $211.40.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father's plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

Texas Instruments Company Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.