3,295 Texas Instruments Incorporated $TXN Shares Sold by M&G PLC

M&G PLC trimmed its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 40.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,928 shares of the semiconductor company’s stock after selling 3,295 shares during the period. M&G PLC’s holdings in Texas Instruments were worth $1,380,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Putney Financial Group LLC acquired a new position in shares of Texas Instruments in the third quarter valued at $28,000. Scarborough Advisors LLC bought a new stake in Texas Instruments in the 1st quarter valued at $29,000. Creative Capital Management Investments LLC increased its holdings in Texas Instruments by 167.5% in the 3rd quarter. Creative Capital Management Investments LLC now owns 107 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 67 shares during the period. Kilter Group LLC acquired a new position in shares of Texas Instruments in the 2nd quarter valued at $31,000. Finally, Main Street Group LTD acquired a new position in shares of Texas Instruments in the 1st quarter valued at $32,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analyst Ratings Changes

TXN has been the subject of a number of analyst reports. Barclays raised their price objective on shares of Texas Instruments from $250.00 to $280.00 and gave the stock an “equal weight” rating in a report on Thursday, October 22nd. Robert W. Baird upped 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. UBS Group dropped their price target on shares of Texas Instruments from $380.00 to $360.00 and set a “buy” rating for the company in a research report on Thursday, October 22nd. Citigroup restated a “buy” rating on shares of Texas Instruments in a research note on Thursday, October 22nd. Finally, Jefferies Financial Group raised their price target on shares of Texas Instruments from $260.00 to $300.00 and gave the stock a “hold” rating in a research note on Thursday, October 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Texas Instruments has an average rating of “Moderate Buy” and a consensus target price of $315.37.

Insider Activity

In other Texas Instruments news, Director Robert E. Sanchez sold 6,065 shares of the company’s stock in a transaction dated Tuesday, October 27th. The shares were sold at an average price of $302.21, for a total transaction of $1,832,903.65. Following the sale, the director directly owned 21,600 shares of the company’s stock, valued at approximately $6,527,736. This represents a 21.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Tsedeniya Abraham sold 7,000 shares of the firm’s stock in a transaction that occurred 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. The trade was a 23.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 27,968 shares of company stock worth $8,236,892 over the last ninety days. Corporate insiders own 0.60% of the company’s stock.

Recent Texas Instruments Headlines

These are some of the TXN headlines that stood out recently:

• Positive Sentiment: ETFs bought about $365.9 million of TXN shares on Monday, a potentially supportive signal of institutional demand. ETFs had sold $228.8 million on Nov. 6, so recent flows have been mixed. Article: 42 ETFs Add to Texas Instruments
• Positive Sentiment: Recent commentary cites strong earnings, rising AI data-center demand and robust cash flow as potential supports for TXN’s rally. The stock was also included in Zacks’ Strong Buy income-stock list, reinforcing its appeal to some income-focused investors. Article: TXN rally and outlook
• Negative Sentiment: TXN has already climbed about 70% year to date, and coverage flags its premium valuation as a risk. That could make the shares more vulnerable if growth or AI-related expectations disappoint. Article: TXN rally and valuation

Texas Instruments Stock Performance

Shares of NASDAQ:TXN opened at $309.81 on Thursday. The company has a debt-to-equity ratio of 0.67, a current ratio of 5.59 and a quick ratio of 4.05. The business’s fifty day moving average price is $281.72 and its two-hundred day moving average price is $263.03. Texas Instruments Incorporated has a fifty-two week low of $152.73 and a fifty-two week high of $334.03. The stock has a market capitalization of $283.10 billion, a price-to-earnings ratio of 40.18, a price-to-earnings-growth ratio of 1.48 and a beta of 1.39.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Wednesday, October 21st. The semiconductor company reported $2.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.40 by $0.22. Texas Instruments had a return on equity of 40.51% and a net margin of 34.25%. The company had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.94 billion. During the same period last year, the business earned $1.48 earnings per share. The business’s revenue was up 27.7% on a year-over-year basis. As a group, analysts predict that Texas Instruments Incorporated will post 8.97 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 10th. Investors of record on Friday, October 30th were issued a dividend of $1.52 per share. The ex-dividend date of this dividend was Friday, October 30th. 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. Texas Instruments’s payout ratio is 78.86%.

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.