Black Creek Investment Management Inc. Makes New Investment in Texas Instruments Incorporated $TXN

Black Creek Investment Management Inc. acquired a new stake in Texas Instruments Incorporated (NASDAQ:TXN) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,904 shares of the semiconductor company’s stock, valued at approximately $603,000. Texas Instruments comprises 0.0% of Black Creek Investment Management Inc.’s holdings, making the stock its 25th largest position.

Several other institutional investors and hedge funds have also modified their holdings of TXN. Jennison Associates LLC increased its holdings in shares of Texas Instruments by 35.1% in the 2nd quarter. Jennison Associates LLC now owns 2,992,090 shares of the semiconductor company’s stock valued at $621,218,000 after acquiring an additional 777,619 shares during the last quarter. Howard Capital Management Inc. increased its stake in Texas Instruments by 11.3% during the second quarter. Howard Capital Management Inc. now owns 26,745 shares of the semiconductor company’s stock valued at $5,553,000 after purchasing an additional 2,709 shares during the last quarter. Independent Advisor Alliance raised its holdings in shares of Texas Instruments by 4.8% during the first quarter. Independent Advisor Alliance now owns 26,684 shares of the semiconductor company’s stock worth $4,795,000 after purchasing an additional 1,232 shares during the period. Los Angeles Capital Management LLC lifted its position in shares of Texas Instruments by 1,064.8% in the 2nd quarter. Los Angeles Capital Management LLC now owns 52,146 shares of the semiconductor company’s stock worth $10,827,000 after buying an additional 47,669 shares during the last quarter. Finally, Amica Retiree Medical Trust boosted its holdings in shares of Texas Instruments by 10.3% in the 2nd quarter. Amica Retiree Medical Trust now owns 4,543 shares of the semiconductor company’s stock valued at $943,000 after buying an additional 424 shares during the period. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Insider Activity at Texas Instruments

In other Texas Instruments news, VP Ahmad Bahai sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $205.35, for a total value of $308,025.00. Following the completion of the sale, the vice president directly owned 38,883 shares in the company, valued at $7,984,624.05. This represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Christine Witzsche sold 1,000 shares of the stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $164.31, for a total value of $164,310.00. Following the transaction, the vice president directly owned 20,821 shares of the company’s stock, valued at approximately $3,421,098.51. The trade was a 4.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.57% of the company’s stock.

Texas Instruments Stock Down 2.7%

Shares of Texas Instruments stock opened at $154.99 on Tuesday. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.45 and a quick ratio of 2.90. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $221.69. The business’s fifty day moving average price is $173.61 and its two-hundred day moving average price is $187.49. The company has a market capitalization of $140.83 billion, a P/E ratio of 28.33, a PEG ratio of 3.05 and a beta of 1.02.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.48. The business had revenue of $4.74 billion for the quarter, compared to analysts’ expectations of $4.65 billion. Texas Instruments had a net margin of 29.21% and a return on equity of 30.41%. The company’s revenue was up 14.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.44 earnings per share. Texas Instruments has set its Q4 2025 guidance at 1.130-1.390 EPS. As a group, research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st were paid a $1.42 dividend. The ex-dividend date of this dividend was Friday, October 31st. This represents a $5.68 dividend on an annualized basis and a dividend yield of 3.7%. This is an increase from Texas Instruments’s previous quarterly dividend of $1.36. Texas Instruments’s dividend payout ratio (DPR) is currently 103.84%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on TXN shares. Morgan Stanley set a $175.00 price objective on shares of Texas Instruments in a research note on Wednesday, October 22nd. Bank of America cut Texas Instruments from a “neutral” rating to an “underperform” rating and dropped their price target for the stock from $208.00 to $190.00 in a research report on Monday, October 13th. DZ Bank restated a “sell” rating and set a $158.00 price objective on shares of Texas Instruments in a research report on Wednesday, July 23rd. Weiss Ratings restated a “hold (c+)” rating on shares of Texas Instruments in a research note on Wednesday, October 8th. Finally, Stifel Nicolaus set a $170.00 target price on Texas Instruments in a research note on Wednesday, October 22nd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have issued a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $191.67.

About Texas Instruments

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.