Thurston Springer Miller Herd & Titak Inc. Sells 3,993 Shares of Texas Instruments Incorporated $TXN

Thurston Springer Miller Herd & Titak Inc. lessened its position in Texas Instruments Incorporated (NASDAQ:TXN) by 75.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,331 shares of the semiconductor company’s stock after selling 3,993 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in Texas Instruments were worth $373,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of TXN. HBW Advisory Services LLC grew its holdings in shares of Texas Instruments by 2.2% during the first quarter. HBW Advisory Services LLC now owns 1,730 shares of the semiconductor company’s stock worth $336,000 after purchasing an additional 37 shares during the last quarter. Montz Harcus Wealth Management LLC increased its stake in shares of Texas Instruments by 2.9% in the first quarter. Montz Harcus Wealth Management LLC now owns 1,338 shares of the semiconductor company’s stock valued at $260,000 after buying an additional 38 shares during the period. Livforsakringsbolaget Skandia Omsesidigt increased its stake in shares of Texas Instruments by 0.6% in the first quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 5,960 shares of the semiconductor company’s stock valued at $1,157,000 after buying an additional 38 shares during the period. Moody National Bank Trust Division raised its holdings in Texas Instruments by 0.6% in the 3rd quarter. Moody National Bank Trust Division now owns 6,063 shares of the semiconductor company’s stock valued at $1,698,000 after buying an additional 39 shares during the last quarter. Finally, McGlone Suttner Wealth Management Inc. raised its holdings in Texas Instruments by 3.3% in the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 1,299 shares of the semiconductor company’s stock valued at $364,000 after buying an additional 41 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors.

Insider Activity

In other news, VP Tsedeniya Abraham sold 7,000 shares of the business’s 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 transaction, the vice president owned 23,181 shares in the company, valued at approximately $6,134,388.03. The trade was a 23.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on TXN shares. KeyCorp lifted their target price on shares of Texas Instruments from $390.00 to $400.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. UBS Group restated a “buy” rating and issued a $380.00 price target (up from $350.00) on shares of Texas Instruments in a research report on Thursday, July 23rd. Weiss Ratings raised shares of Texas Instruments from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday. TD Cowen dropped their price target on shares of Texas Instruments from $360.00 to $340.00 and set a “buy” rating for the company in a research note on Thursday, July 23rd. Finally, Evercore reiterated an “outperform” rating and set a $330.00 price target (up from $316.00) on shares of Texas Instruments in a report on Thursday, July 23rd. Sixteen 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 data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $304.26.

Texas Instruments Trading Down 2.4%

Shares of TXN stock traded down $6.88 on Wednesday, hitting $280.97. The company had a trading volume of 1,928,255 shares, compared to its average volume of 7,526,756. Texas Instruments Incorporated has a twelve month low of $152.73 and a twelve month 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 firm has a market cap of $256.59 billion, a P/E ratio of 42.82, a P/E/G ratio of 1.58 and a beta of 1.35. The stock’s 50-day moving average is $271.87 and its two-hundred day moving average is $275.18.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $1.91 by $0.23. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%. The company had revenue of $5.46 billion for the quarter, compared to analyst estimates of $5.26 billion. During the same period in the previous year, the firm earned $1.41 earnings per share. The firm’s quarterly revenue was up 22.8% on a year-over-year basis. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. On average, equities research analysts anticipate that Texas Instruments Incorporated will post 8.45 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

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

About Texas Instruments

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.