Summitry LLC Purchases 121,313 Shares of Texas Instruments Incorporated $TXN

Summitry LLC grew its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 7,751.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 122,878 shares of the semiconductor company’s stock after acquiring an additional 121,313 shares during the period. Summitry LLC’s holdings in Texas Instruments were worth $23,856,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in TXN. High Point Wealth Management LLC bought a new stake in Texas Instruments during the fourth quarter worth approximately $25,000. Strategic Wealth Investment Group LLC bought a new stake in shares of Texas Instruments in the 2nd quarter valued at approximately $25,000. Advocate Investing Services LLC bought a new stake in shares of Texas Instruments in the 4th quarter valued at approximately $25,000. Ares Financial Consulting LLC purchased a new position in shares of Texas Instruments in the 4th quarter worth approximately $26,000. Finally, Cornerstone Financial Management LLC bought a new position in shares of Texas Instruments during the 4th quarter valued at approximately $27,000. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Texas Instruments Trading Down 1.1%

TXN stock opened at $275.74 on Friday. The company has a market capitalization of $251.82 billion, a PE ratio of 41.97, a P/E/G ratio of 1.10 and a beta of 1.32. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.86 and a quick ratio of 3.44. Texas Instruments Incorporated has a 12 month low of $152.73 and a 12 month high of $334.03. The firm’s 50-day moving average is $298.40 and its 200 day moving average is $250.51.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $1.91 by $0.23. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. The business had revenue of $5.46 billion for the quarter, compared to the consensus estimate of $5.26 billion. During the same period in the prior year, the firm earned $1.41 EPS. The company’s revenue for the quarter was up 22.8% compared to the same quarter last year. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. On average, research analysts anticipate that Texas Instruments Incorporated will post 8.35 EPS for the current year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st will be issued a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, July 31st. Texas Instruments’s dividend payout ratio (DPR) is presently 86.45%.

Analyst Upgrades and Downgrades

TXN has been the topic of several recent analyst reports. HC Wainwright downgraded shares of Texas Instruments to a “neutral” rating in a research note on Friday, May 22nd. Wells Fargo & Company lifted their price target on shares of Texas Instruments from $300.00 to $310.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 23rd. Robert W. Baird upped their price target on shares of Texas Instruments from $300.00 to $385.00 and gave the company an “outperform” rating in a report on Thursday, July 23rd. Benchmark increased their price objective on shares of Texas Instruments from $315.00 to $360.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Finally, Wolfe Research reissued an “outperform” rating and issued a $315.00 price objective on shares of Texas Instruments in a research note on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Texas Instruments presently has a consensus rating of “Hold” and a consensus price target of $312.12.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, VP Ahmad Bahai sold 5,000 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $309.13, for a total value of $1,545,650.00. Following the completion of the sale, the vice president directly owned 42,519 shares in the company, valued at approximately $13,143,898.47. This represents a 10.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Carrie Smith Cox sold 8,838 shares of the firm’s stock in a transaction on 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 transaction, the director owned 37,626 shares in the company, valued at approximately $11,528,982.66. This represents a 19.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 86,535 shares of company stock worth $26,032,124 over the last quarter. Insiders own 0.60% of the company’s stock.

Texas Instruments Profile

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.