Texas Instruments Incorporated $TXN Shares Sold by Mondrian Investment Partners LTD

Mondrian Investment Partners LTD reduced its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 47.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 268,741 shares of the semiconductor company’s stock after selling 246,589 shares during the quarter. Texas Instruments makes up approximately 1.6% of Mondrian Investment Partners LTD’s investment portfolio, making the stock its 22nd largest position. Mondrian Investment Partners LTD’s holdings in Texas Instruments were worth $75,272,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of TXN. BlackRock Inc. purchased a new position in shares of Texas Instruments during the 2nd quarter worth $24,607,313,000. Bank of New York Mellon Corp grew its holdings in shares of Texas Instruments by 33.6% in the first quarter. Bank of New York Mellon Corp now owns 16,402,834 shares of the semiconductor company’s stock valued at $3,184,446,000 after purchasing an additional 4,129,601 shares during the period. Bank of America Corp DE purchased a new stake in shares of Texas Instruments in the second quarter valued at about $3,700,842,000. Van ECK Associates Corp grew its holdings in shares of Texas Instruments by 1.5% in the second 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, Amundi grew its holdings in shares of Texas Instruments by 9.0% in the first quarter. Amundi now owns 9,064,214 shares of the semiconductor company’s stock valued at $1,759,727,000 after purchasing an additional 752,139 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Tsedeniya Abraham sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $264.63, for a total value of $1,852,410.00. Following the completion of the transaction, the vice president owned 23,181 shares of the company’s stock, valued at approximately $6,134,388.03. This trade represents a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.60% of the company’s stock.

More Texas Instruments News

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

• Positive Sentiment: Texas Instruments reported third-quarter revenue of approximately $6.06 billion, up 28% year over year, while EPS increased 77% to $2.62 and exceeded consensus expectations. Industrial, analog and data-center demand drove the results, with data-center revenue reportedly rising 95%. TXN Q3 Earnings Beat Estimates on Strong Analog, Data Center Demand
• Positive Sentiment: Management’s fourth-quarter revenue guidance, with a midpoint of about $6.05 billion, came in well above analyst expectations. Capacity expansion and broader cyclical recovery could support longer-term revenue, margins and cash flow. TXN Q3 Deep Dive: Industrial and Data Center Growth Drive Outlook Upgrade
• Positive Sentiment: Analyst sentiment strengthened: Zacks upgraded TXN to Rank #1, Freedom Broker raised its rating to Buy with a $330 target, and JPMorgan lifted its target to $365 while maintaining an Overweight rating. Texas Instruments Upgraded to Strong Buy
• Positive Sentiment: New chips for AI data centers—including power-monitoring, high-voltage distribution and timing components—give TXN additional exposure to data-center infrastructure growth. Texas Instruments Debuts Industry First Chips for AI Data Centers
• Neutral Sentiment: Unusual call-option activity and comparisons with Micron indicate bullish trading interest, although Micron was viewed as having stronger AI-driven growth and a lower valuation. Micron vs. Texas Instruments
• Negative Sentiment: TXN’s premium valuation remains a risk if the industrial recovery or AI infrastructure spending slows. Mizuho lowered its target to $290 and kept a Neutral rating, highlighting limited near-term upside. Mizuho Texas Instruments Rating

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on TXN shares. JPMorgan Chase & Co. raised their price objective on shares of Texas Instruments from $340.00 to $365.00 and gave the stock an “overweight” rating in a research report on Thursday. Sanford C. Bernstein boosted their target price on shares of Texas Instruments from $250.00 to $290.00 and gave the company a “market perform” rating in a report on Thursday, July 23rd. Rosenblatt Securities upped their price objective on Texas Instruments from $350.00 to $360.00 and gave the company a “buy” rating in a report on Thursday. TD Cowen decreased their price objective on Texas Instruments from $340.00 to $330.00 and set a “buy” rating on the stock in a report on Monday, October 19th. Finally, Benchmark increased their price objective on Texas Instruments from $315.00 to $360.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Texas Instruments has a consensus rating of “Hold” and a consensus target price of $311.39.

Texas Instruments Trading Up 1.9%

Shares of NASDAQ TXN opened at $284.69 on Friday. Texas Instruments Incorporated has a twelve month low of $152.73 and a twelve month high of $334.03. The company has a current ratio of 5.59, a quick ratio of 3.44 and a debt-to-equity ratio of 0.67. The stock has a fifty day simple moving average of $271.98 and a 200-day simple moving average of $279.47. The stock has a market capitalization of $259.99 billion, a PE ratio of 36.92, a PEG ratio of 1.55 and a beta of 1.35.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Wednesday, October 21st. The semiconductor company reported $2.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.40 by $0.22. Texas Instruments had a return on equity of 40.51% and a net margin of 34.25%. The firm had revenue of $6.05 billion for the quarter, compared to the consensus estimate of $5.94 billion. During the same quarter in the previous year, the business earned $1.48 EPS. The company’s quarterly revenue was up 27.7% compared to the same quarter last year. On average, equities analysts forecast that Texas Instruments Incorporated will post 8.79 earnings per share for the current year.

Texas Instruments Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 30th will be given a dividend of $1.52 per share. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, October 30th. Texas Instruments’s dividend payout ratio is currently 73.67%.

About Texas Instruments

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.