Texas Instruments Incorporated $TXN Stock: Investment House LLC Lowers Holdings

Investment House LLC reduced its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 33.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,753 shares of the semiconductor company’s stock after selling 34,327 shares during the quarter. Texas Instruments accounts for approximately 0.8% of Investment House LLC’s investment portfolio, making the stock its 22nd biggest holding. Investment House LLC’s holdings in Texas Instruments were worth $19,257,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. E. Ohman J or Asset Management AB raised its holdings in shares of Texas Instruments by 215.1% in the 3rd quarter. E. Ohman J or Asset Management AB now owns 102,541 shares of the semiconductor company’s stock valued at $28,721,000 after purchasing an additional 70,000 shares during the period. SBI Securities Co. Ltd. increased its position in Texas Instruments by 0.3% during the third quarter. SBI Securities Co. Ltd. now owns 12,460 shares of the semiconductor company’s stock worth $3,490,000 after buying an additional 39 shares during the last quarter. Reyes Financial Architecture Inc. acquired a new position in Texas Instruments during the third quarter worth approximately $36,000. Pinnacle Bancorp Inc. increased its position in Texas Instruments by 149.7% during the third quarter. Pinnacle Bancorp Inc. now owns 2,267 shares of the semiconductor company’s stock worth $635,000 after buying an additional 1,359 shares during the last quarter. Finally, Woodward Diversified Capital LLC raised its stake in Texas Instruments by 7.1% in the third quarter. Woodward Diversified Capital LLC now owns 1,740 shares of the semiconductor company’s stock valued at $487,000 after buying an additional 116 shares during the period. Institutional investors own 84.99% of the company’s stock.

More Texas Instruments News

Here are the key news stories impacting Texas Instruments this week:

• Positive Sentiment: Q3 results exceeded expectations: Revenue rose 27.7% year over year to $6.06 billion, while EPS reached $2.62 versus the $2.40 consensus estimate. Net income increased 78% to $2.43 billion, supported by broad-based growth in industrial, automotive and data-center markets. Texas Instruments third-quarter financial results
• Positive Sentiment: Data-center demand is accelerating: Data-center revenue grew 95% year over year, while industrial demand reached a record level. Management also highlighted improving factory utilization and capacity expansion aimed at supporting long-term cash-flow growth. Texas Instruments key takeaways
• Positive Sentiment: Forecasts and analyst views improved: Fourth-quarter revenue guidance was reportedly above Wall Street expectations, and JPMorgan, Stifel, Rosenblatt and Freedom Broker raised their price targets, with targets ranging from $330 to $370. Texas Instruments earnings call highlights
• Neutral Sentiment: Options activity increased: Traders purchased 19,194 TXN call options, approximately 7% above average daily call volume, indicating heightened interest but not necessarily a sustained change in fundamentals.
• Negative Sentiment: Strong results were not enough to overcome valuation concerns: With TXN trading at a high earnings multiple, investors may have expected an even stronger outlook. Analysts noted that share performance could continue to lag business results if expectations remain elevated. Texas Instruments valuation analysis
• Negative Sentiment: Analyst opinion remains divided: Mizuho lowered its price target to $290 and kept a neutral rating, while Wells Fargo also maintained a cautious stance. This signals that some investors view much of the recovery as already reflected in the stock.

Insider Buying and Selling at Texas Instruments

In other news, VP Tsedeniya Abraham sold 7,000 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $264.63, for a total transaction of $1,852,410.00. Following the sale, the vice president directly owned 23,181 shares of the company’s stock, valued at approximately $6,134,388.03. This represents a 23.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.60% of the company’s stock.

Texas Instruments Price Performance

Shares of Texas Instruments stock opened at $279.50 on Friday. The company has a quick ratio of 3.44, a current ratio of 4.86 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $255.25 billion, a price-to-earnings ratio of 42.54, a price-to-earnings-growth ratio of 1.59 and a beta of 1.35. Texas Instruments Incorporated has a twelve month low of $152.73 and a twelve month high of $334.03. The company has a 50-day simple moving average of $271.88 and a two-hundred day simple moving average of $279.43.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.40 by $0.22. The business had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.94 billion. Texas Instruments had a return on equity of 41.79% and a net margin of 34.25%. The firm’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.48 earnings per share. Analysts forecast that Texas Instruments Incorporated will post 8.49 EPS for the current year.

Texas Instruments Increases Dividend

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

Analyst Ratings Changes

Several research analysts have recently commented on TXN shares. Stifel Nicolaus lifted their target price on Texas Instruments from $360.00 to $370.00 and gave the stock a “buy” rating in a research note on Thursday. Sanford C. Bernstein raised their price target on Texas Instruments from $250.00 to $290.00 and gave the company a “market perform” rating in a report on Thursday, July 23rd. The Goldman Sachs Group reaffirmed a “sell” rating and set a $250.00 price objective on shares of Texas Instruments in a research report on Thursday. JPMorgan Chase & Co. upped their price objective on shares of Texas Instruments from $340.00 to $365.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Truist Financial set a $305.00 target price on shares of Texas Instruments in a report on Thursday. Sixteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Texas Instruments has a consensus rating of “Hold” and a consensus target price of $311.39.

Texas Instruments Company Profile

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.