Alliancebernstein L.P. Increases Position in Texas Instruments Incorporated $TXN

Alliancebernstein L.P. raised its position in shares of Texas Instruments Incorporated (NASDAQ:TXNFree Report) by 5.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,252,791 shares of the semiconductor company’s stock after buying an additional 616,859 shares during the period. Texas Instruments comprises about 0.8% of Alliancebernstein L.P.’s holdings, making the stock its 17th largest holding. Alliancebernstein L.P. owned about 1.24% of Texas Instruments worth $2,336,304,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. HUB Investment Partners LLC grew its position in Texas Instruments by 3.5% in the 2nd quarter. HUB Investment Partners LLC now owns 14,673 shares of the semiconductor company’s stock valued at $3,046,000 after acquiring an additional 496 shares in the last quarter. Main Street Financial Solutions LLC boosted its stake in shares of Texas Instruments by 1.7% in the second quarter. Main Street Financial Solutions LLC now owns 7,417 shares of the semiconductor company’s stock valued at $1,540,000 after purchasing an additional 126 shares during the period. Osterweis Capital Management Inc. grew its holdings in shares of Texas Instruments by 1,810.0% in the second quarter. Osterweis Capital Management Inc. now owns 191 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 181 shares in the last quarter. ICW Investment Advisors LLC increased its stake in Texas Instruments by 3.3% during the 2nd quarter. ICW Investment Advisors LLC now owns 4,021 shares of the semiconductor company’s stock worth $835,000 after buying an additional 128 shares during the period. Finally, Treasurer of the State of North Carolina lifted its holdings in Texas Instruments by 24.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 587,752 shares of the semiconductor company’s stock worth $122,029,000 after buying an additional 113,632 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Analyst Upgrades and Downgrades

TXN has been the subject of several research reports. TD Cowen dropped their price target on shares of Texas Instruments from $210.00 to $200.00 and set a “buy” rating for the company in a research note on Wednesday, October 22nd. Stifel Nicolaus set a $170.00 target price on Texas Instruments in a research note on Wednesday, October 22nd. Cowen reaffirmed a “buy” rating on shares of Texas Instruments in a research report on Wednesday, October 22nd. Truist Financial decreased their price objective on Texas Instruments from $196.00 to $175.00 and set a “hold” rating for the company in a research note on Wednesday, October 22nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Texas Instruments in a research note on Monday, December 1st. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have given a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat.com, Texas Instruments has an average rating of “Hold” and a consensus target price of $191.67.

Read Our Latest Stock Report on TXN

Insider Activity

In other Texas Instruments news, VP Christine Witzsche sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $164.31, for a total value of $164,310.00. Following the completion of the sale, the vice president owned 20,821 shares in the company, valued at approximately $3,421,098.51. The trade was a 4.58% 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 hyperlink. Also, Director Ronald Kirk sold 9,990 shares of the stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $162.33, for a total value of $1,621,676.70. Following the completion of the sale, the director directly owned 14,937 shares of the company’s stock, valued at $2,424,723.21. The trade was a 40.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.57% of the stock is currently owned by insiders.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $181.67 on Friday. The firm has a 50 day simple moving average of $169.34 and a 200-day simple moving average of $186.37. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $221.69. The company has a current ratio of 4.45, a quick ratio of 2.90 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $165.07 billion, a PE ratio of 33.21, a P/E/G ratio of 3.22 and a beta of 1.01.

Texas Instruments (NASDAQ:TXNGet Free Report) last posted its earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 EPS for the quarter, meeting analysts’ consensus estimates of $1.48. Texas Instruments had a net margin of 29.21% and a return on equity of 30.41%. The firm had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.65 billion. During the same period last year, the firm posted $1.44 EPS. The company’s revenue was up 14.2% on a year-over-year basis. Texas Instruments has set its Q4 2025 guidance at 1.130-1.390 EPS. On average, equities analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st were given a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a dividend yield of 3.1%. This is an increase from Texas Instruments’s previous quarterly dividend of $1.36. The ex-dividend date was Friday, October 31st. Texas Instruments’s payout ratio is presently 103.84%.

Texas Instruments Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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