Pictet Asset Management Holding SA Grows Stake in Texas Instruments Incorporated $TXN

Pictet Asset Management Holding SA boosted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXNFree Report) by 1.0% during the 1st quarter, HoldingsChannel reports. The fund owned 559,788 shares of the semiconductor company’s stock after purchasing an additional 5,316 shares during the period. Pictet Asset Management Holding SA’s holdings in Texas Instruments were worth $108,675,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Swiss Life Asset Management Ltd grew its holdings in Texas Instruments by 10.1% during the 4th quarter. Swiss Life Asset Management Ltd now owns 555,199 shares of the semiconductor company’s stock valued at $96,321,000 after purchasing an additional 50,808 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd bought a new position in shares of Texas Instruments during the fourth quarter valued at approximately $640,000. CI Investments Inc. grew its stake in shares of Texas Instruments by 39.8% during the third quarter. CI Investments Inc. now owns 523,484 shares of the semiconductor company’s stock valued at $96,180,000 after buying an additional 149,099 shares during the last quarter. RNC Capital Management LLC purchased a new stake in shares of Texas Instruments in the fourth quarter worth approximately $2,751,000. Finally, K.J. Harrison & Partners Inc purchased a new stake in shares of Texas Instruments in the fourth quarter worth approximately $1,735,000. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $285.42 on Monday. The business’s 50 day moving average is $292.12 and its 200 day moving average is $231.27. The stock has a market cap of $259.76 billion, a P/E ratio of 48.87, a price-to-earnings-growth ratio of 1.43 and a beta of 1.32. Texas Instruments Incorporated has a 52-week low of $152.73 and a 52-week high of $334.03. The company has a quick ratio of 2.94, a current ratio of 4.46 and a debt-to-equity ratio of 0.77.

Texas Instruments (NASDAQ:TXNGet Free Report) last issued its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.37 by $0.31. Texas Instruments had a return on equity of 32.49% and a net margin of 29.11%.The business had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.85 billion. During the same period in the previous year, the company posted $1.23 EPS. Texas Instruments’s revenue was up 18.6% on a year-over-year basis. Texas Instruments has set its Q2 2026 guidance at 1.770-2.050 EPS. Sell-side analysts predict that Texas Instruments Incorporated will post 7.66 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 19th. Investors of record on Tuesday, May 5th were issued a $1.42 dividend. This represents a $5.68 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Tuesday, May 5th. Texas Instruments’s payout ratio is presently 97.26%.

Analysts Set New Price Targets

A number of research firms recently issued reports on TXN. Stifel Nicolaus boosted their price objective on Texas Instruments from $340.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday. Robert W. Baird increased their target price on Texas Instruments from $225.00 to $300.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Weiss Ratings upgraded Texas Instruments from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Mizuho boosted their target price on shares of Texas Instruments from $255.00 to $300.00 and gave the company a “neutral” rating in a research note on Tuesday, May 19th. Finally, Citigroup upped their price target on shares of Texas Instruments from $280.00 to $345.00 and gave the stock a “buy” rating in a report on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, Texas Instruments currently has an average rating of “Hold” and a consensus price target of $273.04.

Get Our Latest Research Report on Texas Instruments

Insider Buying and Selling

In other news, Director Carrie Smith Cox sold 8,838 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $306.41, for a total value of $2,708,051.58. Following the completion of the sale, the director owned 37,626 shares in the company, valued at approximately $11,528,982.66. The trade was a 19.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Ahmad Bahai sold 5,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $309.13, for a total transaction of $1,545,650.00. Following the transaction, the vice president owned 42,519 shares in the company, valued at approximately $13,143,898.47. This represents a 10.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 303,475 shares of company stock valued at $85,666,638 over the last quarter. 0.60% of the stock is owned by company insiders.

Texas Instruments Company Profile

(Free Report)

Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.

TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.

See Also

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

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