Mather Group LLC. Purchases 4,828 Shares of Texas Instruments Incorporated $TXN

Mather Group LLC. increased its position in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 62.7% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 12,524 shares of the semiconductor company’s stock after purchasing an additional 4,828 shares during the period. Mather Group LLC.’s holdings in Texas Instruments were worth $3,508,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Texas Instruments during the second quarter valued at $24,607,313,000. Bank of New York Mellon Corp purchased a new stake in Texas Instruments in the 2nd quarter worth about $4,488,666,000. Bank of America Corp DE acquired a new stake in Texas Instruments during the 2nd quarter worth about $3,700,842,000. Primecap Management Co. CA acquired a new stake in Texas Instruments during the 2nd quarter worth about $2,538,063,000. Finally, Legal & General Group Plc acquired a new stake in Texas Instruments during the 2nd quarter worth about $1,918,277,000. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, VP Tsedeniya Abraham sold 7,000 shares of Texas Instruments stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $264.63, for a total value of $1,852,410.00. Following the transaction, the vice president directly owned 23,181 shares in the company, valued at approximately $6,134,388.03. The trade was a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.60% of the stock is currently owned by corporate insiders.

Texas Instruments Price Performance

Shares of TXN opened at $279.12 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 firm has a market cap of $254.91 billion, a PE ratio of 42.48, a PEG ratio of 1.57 and a beta of 1.35. The firm’s 50 day moving average price is $271.94 and its 200 day moving average price is $276.42. Texas Instruments Incorporated has a twelve month low of $152.73 and a twelve month high of $334.03.

Texas Instruments (NASDAQ:TXN – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 EPS 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 during the quarter, compared to the consensus estimate of $5.26 billion. During the same period in the previous year, the firm posted $1.41 earnings per share. The company’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. As a group, research analysts expect that Texas Instruments Incorporated will post 8.45 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 30th will be issued a $1.52 dividend. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. The ex-dividend date is Friday, October 30th. This represents a $6.08 annualized dividend and a yield of 2.2%. Texas Instruments’s payout ratio is 86.45%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Truist Financial upped their target price on Texas Instruments from $278.00 to $300.00 and gave the company a “hold” rating in a report on Thursday, July 23rd. The Goldman Sachs Group increased their price target on shares of Texas Instruments from $200.00 to $225.00 and gave the stock a “sell” rating in a research report on Thursday, July 23rd. Weiss Ratings upgraded shares of Texas Instruments from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 9th. Wells Fargo & Company boosted their price objective on shares of Texas Instruments from $300.00 to $310.00 and gave the company an “equal weight” rating in a research report on Thursday, July 23rd. Finally, Mizuho upped their price objective on shares of Texas Instruments from $300.00 to $305.00 and gave the company a “neutral” rating in a research note on Thursday, July 23rd. Sixteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $304.26.

Check Out Our Latest Research Report on Texas Instruments

Texas Instruments Company Profile

(Free Report)

Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures analog and embedded semiconductor products used in industrial, automotive, personal electronics, communications equipment, and enterprise systems. Its analog products help manage power, sense and measure real-world signals, and support signal processing, while its embedded processing products provide computing and control functions within electronic systems.

The company offers a broad portfolio of semiconductors, including power-management devices, amplifiers, data converters, microcontrollers, processors, and connectivity products.

See Also

Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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