8,514,989 Shares in Texas Instruments Incorporated $TXN Purchased by Primecap Management Co. CA

Primecap Management Co. CA acquired a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 8,514,989 shares of the semiconductor company’s stock, valued at approximately $2,538,063,000. Texas Instruments comprises 1.5% of Primecap Management Co. CA’s investment portfolio, making the stock its 14th biggest holding.

Several other hedge funds also recently modified their holdings of TXN. Palisade Capital Management LP bought a new position in shares of Texas Instruments in the 2nd quarter valued at about $4,415,000. Canada Pension Plan Investment Board bought a new stake in shares of Texas Instruments during the second quarter worth approximately $713,138,000. Osterweis Capital Management Inc. bought a new stake in shares of Texas Instruments during the second quarter worth approximately $54,000. Royal Capital Wealth Management LLC acquired a new position in Texas Instruments in the second quarter valued at approximately $635,000. Finally, AFT Forsyth & Company Inc. bought a new position in Texas Instruments in the second quarter valued at approximately $1,013,000. Institutional investors own 84.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on TXN shares. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $340.00 target price on shares of Texas Instruments in a report on Monday, August 17th. Mizuho increased their price target on Texas Instruments from $300.00 to $305.00 and gave the company a “neutral” rating in a research note on Thursday, July 23rd. TD Cowen reduced their price target on Texas Instruments from $360.00 to $340.00 and set a “buy” rating on the stock in a research report on Thursday, July 23rd. Rosenblatt Securities lifted their price objective on Texas Instruments from $330.00 to $350.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Finally, The Goldman Sachs Group upped their price objective on Texas Instruments from $200.00 to $225.00 and gave the company a “sell” rating in a report on Thursday, July 23rd. Two equities research 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 issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $312.12.

Texas Instruments Stock Up 0.4%

Shares of NASDAQ TXN opened at $260.05 on Wednesday. Texas Instruments Incorporated has a 52-week low of $152.73 and a 52-week high of $334.03. 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 stock has a market cap of $237.49 billion, a P/E ratio of 39.58, a P/E/G ratio of 1.02 and a beta of 1.33. The firm has a 50 day moving average price of $288.51 and a 200 day moving average price of $259.49.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share for the quarter, topping the consensus estimate 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 analyst estimates of $5.26 billion. During the same period last year, the business posted $1.41 earnings per share. The business’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. Analysts expect that Texas Instruments Incorporated will post 8.42 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st were paid a $1.42 dividend. 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%.

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.