BDF Gestion lessened its stake in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 11.3% during the third quarter, HoldingsChannel.com reports. The firm owned 20,724 shares of the semiconductor company’s stock after selling 2,628 shares during the period. Texas Instruments makes up approximately 0.8% of BDF Gestion’s holdings, making the stock its 22nd biggest holding. BDF Gestion’s holdings in Texas Instruments were worth $5,805,000 as of its most recent filing with the SEC.
Other hedge funds have also bought and sold shares of the company. Foguth Wealth Management LLC. boosted its holdings in Texas Instruments by 1.4% in the third quarter. Foguth Wealth Management LLC. now owns 4,664 shares of the semiconductor company’s stock worth $1,289,000 after purchasing an additional 63 shares during the period. Generali Investments Management Co LLC lifted its holdings in Texas Instruments by 51.5% in the third quarter. Generali Investments Management Co LLC now owns 1,404 shares of the semiconductor company’s stock worth $393,000 after acquiring an additional 477 shares during the last quarter. IFP Advisors Inc boosted its position in Texas Instruments by 32.9% during the 3rd quarter. IFP Advisors Inc now owns 21,256 shares of the semiconductor company’s stock valued at $5,954,000 after purchasing an additional 5,263 shares during the period. Center For Asset Management LLC bought a new position in Texas Instruments during the 3rd quarter worth $217,000. Finally, Robertson Stephens Wealth Management LLC grew its stake in Texas Instruments by 53.4% during the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 3,229 shares of the semiconductor company’s stock worth $904,000 after buying an additional 1,124 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Texas Instruments
In related news, VP Tsedeniya Abraham sold 7,000 shares of the business’s stock in a transaction dated 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 transaction, the vice president directly owned 23,181 shares in the company, valued at $6,134,388.03. The trade was a 23.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.60% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on the company. Evercore reiterated an “outperform” rating and issued a $330.00 target price (up from $316.00) on shares of Texas Instruments in a research note on Thursday, July 23rd. Arete Research reduced their target price on shares of Texas Instruments from $405.00 to $381.00 and set a “buy” rating for the company in a research note on Thursday, August 20th. Zacks Research lowered Texas Instruments from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 21st. Stifel Nicolaus raised their price objective on shares of Texas Instruments from $340.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Finally, Truist Financial lifted their price objective on shares of Texas Instruments from $278.00 to $300.00 and gave the stock a “hold” rating in a research note on Thursday, July 23rd. Sixteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, Texas Instruments presently has an average rating of “Hold” and a consensus target price of $303.57.
Get Our Latest Stock Analysis on TXN
Texas Instruments Stock Up 0.3%
Shares of TXN traded up $0.79 during mid-day trading on Monday, hitting $277.27. 2,945,685 shares of the company’s stock were exchanged, compared to its average volume of 7,527,482. Texas Instruments Incorporated has a twelve month low of $152.73 and a twelve month high of $334.03. The firm has a fifty day moving average of $271.75 and a two-hundred day moving average of $277.05. 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 cap of $253.22 billion, a price-to-earnings ratio of 42.10, a P/E/G ratio of 1.54 and a beta of 1.35.
Texas Instruments (NASDAQ:TXN – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share for the quarter, topping the consensus estimate of $1.91 by $0.23. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%. The firm had revenue of $5.46 billion during the quarter, compared to analyst estimates of $5.26 billion. During the same period in the previous year, the company earned $1.41 EPS. The company’s revenue for the quarter was up 22.8% on a year-over-year basis. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. On average, sell-side analysts forecast that Texas Instruments Incorporated will post 8.48 earnings per share for the current year.
Texas Instruments Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Investors 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 2.2%. The ex-dividend date is Friday, October 30th. This is an increase from Texas Instruments’s previous quarterly dividend of $1.42. Texas Instruments’s dividend payout ratio is currently 86.45%.
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.
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