VIRGINIA RETIREMENT SYSTEMS ET Al Takes Position in Texas Instruments Incorporated $TXN

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 5,500 shares of the semiconductor company’s stock, valued at approximately $1,639,000.

Several other hedge funds have also made changes to their positions in the stock. California State Teachers Retirement System grew its stake in Texas Instruments by 30,012.9% during 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 during the last quarter. BlackRock Inc. bought a new stake in Texas Instruments in the second quarter valued at $24,607,313,000. State Street Corp boosted its holdings in shares of Texas Instruments by 0.5% during the third quarter. State Street Corp now owns 43,555,112 shares of the semiconductor company’s stock valued at $8,002,381,000 after acquiring an additional 230,098 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Texas Instruments by 6.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 24,288,604 shares of the semiconductor company’s stock valued at $4,213,832,000 after acquiring an additional 1,517,420 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Texas Instruments by 1.1% during 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 acquiring an additional 248,515 shares during the last quarter. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

Shares of TXN opened at $268.70 on Friday. Texas Instruments Incorporated has a one year low of $152.73 and a one year high of $334.03. The stock’s fifty day moving average is $276.95 and its 200-day moving average is $262.57. 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 firm 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 (NASDAQ:TXN) last posted its quarterly earnings data 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. The business had revenue of $5.46 billion during the quarter, compared to the consensus estimate of $5.26 billion. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. The company’s quarterly revenue was up 22.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.41 earnings per share. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. Equities analysts anticipate that Texas Instruments Incorporated will post 8.45 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently declared 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 dividend on an annualized basis 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%.

Analysts Set New Price Targets

A number of research firms recently weighed in on TXN. Truist Financial increased their price objective on shares of Texas Instruments from $278.00 to $300.00 and gave the stock a “hold” rating in a report on Thursday, July 23rd. Cantor Fitzgerald reissued a “neutral” rating on shares of Texas Instruments in a research note on Wednesday. Wall Street Zen upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Saturday, July 18th. Rosenblatt Securities raised their price target on shares of Texas Instruments from $330.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Finally, Stifel Nicolaus lifted their price target on Texas Instruments from $340.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, Texas Instruments currently has an average rating of “Moderate Buy” and an average target price of $312.12.

Insider Activity

In other news, VP Tsedeniya Abraham sold 7,000 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $264.63, for a total value of $1,852,410.00. Following the completion of 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.60% of the stock is owned by company insiders.

Texas Instruments Company 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.