Texas Instruments Incorporated $TXN Shares Purchased by ProShare Advisors LLC

ProShare Advisors LLC grew its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 6.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,180,722 shares of the semiconductor company’s stock after buying an additional 69,560 shares during the quarter. Texas Instruments comprises approximately 0.5% of ProShare Advisors LLC’s portfolio, making the stock its 24th largest holding. ProShare Advisors LLC’s holdings in Texas Instruments were worth $330,708,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. BlackRock Inc. bought a new position in shares of Texas Instruments in the second quarter worth $24,607,313,000. Bank of New York Mellon Corp purchased a new stake in shares of Texas Instruments in the 2nd quarter valued at about $4,488,666,000. Bank of America Corp DE purchased a new stake in Texas Instruments during the second quarter valued at about $3,700,842,000. Van ECK Associates Corp increased its position in Texas Instruments by 1.5% during the 2nd quarter. Van ECK Associates Corp now owns 12,149,167 shares of the semiconductor company’s stock valued at $3,621,302,000 after purchasing an additional 177,511 shares during the period. Finally, Primecap Management Co. CA bought a new position in Texas Instruments in the 2nd quarter worth about $2,538,063,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Trading Down 3.9%

TXN opened at $300.84 on Friday. The company has a current ratio of 5.59, a quick ratio of 4.05 and a debt-to-equity ratio of 0.67. Texas Instruments Incorporated has a 12 month low of $152.73 and a 12 month high of $334.03. The firm’s fifty day simple moving average is $275.66 and its 200 day simple moving average is $258.76. The stock has a market capitalization of $274.90 billion, a P/E ratio of 39.02, a P/E/G ratio of 1.49 and a beta of 1.35.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.22. The firm had revenue of $6.05 billion for the quarter, compared to analysts’ expectations of $5.94 billion. Texas Instruments had a net margin of 34.25% and a return on equity of 40.51%. The business’s revenue was up 27.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.48 EPS. As a group, research analysts anticipate that Texas Instruments Incorporated will post 8.89 EPS 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. Shareholders of record on Friday, October 30th will be paid a dividend of $1.52 per share. This represents a $6.08 annualized dividend and a yield of 2.0%. This is an increase from Texas Instruments’s previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, October 30th. Texas Instruments’s dividend payout ratio is presently 73.67%.

Insider Buying and Selling at Texas Instruments

In related news, Director Robert Sanchez sold 6,065 shares of Texas Instruments stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $302.21, for a total value of $1,832,903.65. Following the transaction, the director directly owned 21,600 shares of the company’s stock, valued at $6,527,736. The trade was a 21.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Janet Clark sold 4,306 shares of Texas Instruments stock in a transaction that occurred on Tuesday, October 27th. The shares were sold at an average price of $302.46, for a total value of $1,302,392.76. Following the sale, the director owned 11,341 shares in the company, valued at $3,430,198.86. This represents a 27.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 27,968 shares of company stock worth $8,236,892 over the last quarter. Company insiders own 0.60% of the company’s stock.

Texas Instruments News Roundup

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

• Positive Sentiment: Strong quarterly performance supports the investment case. Texas Instruments reported approximately $6.06 billion in revenue, up 27.7% year over year, while EPS of $2.62 exceeded the $2.40 consensus estimate. The company also guided for fourth-quarter revenue of $5.80 billion to $6.30 billion and EPS of $2.45 to $2.79. Texas Instruments Reports Revenue Growth
• Positive Sentiment: Dividend growth and ETF buying provide support. TXN raised its quarterly dividend to $1.52 from $1.42, equivalent to $6.08 annually and a yield of roughly 1.9%. Reports also indicated that ETFs bought about $37 million of shares on October 26, while 41 ETFs added TXN on October 27. Texas Instruments Dividend Comparison
• Neutral Sentiment: Analyst views are constructive but cautious. DZ Bank raised TXN to “Hold,” with a $300 price target. The broader analyst consensus remains “Moderate Buy,” although several firms maintain neutral, underweight or sell ratings and valuation targets vary widely. DZ Bank Raises Texas Instruments to Hold
• Negative Sentiment: Valuation is making investors question further upside. Articles from Trefis and Yahoo Finance focus on whether TXN’s elevated earnings multiple can be justified by future free cash flow, particularly as the company continues investing heavily in manufacturing capacity. Should You Buy Texas Instruments Stock Now or Wait?
• Negative Sentiment: Multiple directors sold shares. Directors Janet Clark, Robert Sanchez and Pamela Patsley sold a combined 14,903 shares near $302 per share, reducing their individual holdings by approximately 12% to 28%. Although these transactions may reflect personal financial decisions, they add a cautionary signal while TXN trades near its highs. Texas Instruments Insider Selling

Analysts Set New Price Targets

TXN has been the subject of a number of analyst reports. DZ Bank raised shares of Texas Instruments from a “sell” rating to a “hold” rating and set a $300.00 price target for the company in a report on Wednesday. UBS Group lowered their target price on shares of Texas Instruments from $380.00 to $360.00 and set a “buy” rating on the stock in a research report on Thursday, October 22nd. The Goldman Sachs Group reaffirmed a “sell” rating and set a $250.00 price target on shares of Texas Instruments in a research report on Thursday, October 22nd. Robert W. Baird boosted their target price on shares of Texas Instruments from $300.00 to $385.00 and gave the company an “outperform” rating in a research note on Thursday, July 23rd. Finally, Benchmark boosted their price objective on Texas Instruments from $315.00 to $360.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $315.37.

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.