Engineers Gate Manager LP Buys Shares of 20,051 Texas Instruments Incorporated $TXN

Engineers Gate Manager LP purchased a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 20,051 shares of the semiconductor company’s stock, valued at approximately $5,977,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Strategic Wealth Investment Group LLC bought a new position in shares of Texas Instruments during the second quarter worth about $25,000. Advocate Investing Services LLC bought a new stake in Texas Instruments in the fourth quarter valued at about $25,000. Cornerstone Financial Management LLC bought a new stake in Texas Instruments in the fourth quarter valued at about $27,000. Portus Wealth Advisors LLC acquired a new stake in Texas Instruments during the first quarter valued at approximately $27,000. Finally, Quattro Advisors LLC acquired a new stake in Texas Instruments during the fourth quarter valued at approximately $27,000. Institutional investors own 84.99% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on TXN. Wells Fargo & Company lifted their target price on Texas Instruments from $300.00 to $310.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 23rd. Robert W. Baird raised their price objective on Texas Instruments from $300.00 to $385.00 and gave the stock an “outperform” rating in a research note on Thursday, July 23rd. Benchmark lifted their price objective on shares of Texas Instruments from $315.00 to $360.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. UBS Group reaffirmed a “buy” rating and issued a $380.00 price objective on shares of Texas Instruments in a report on Thursday, July 23rd. Finally, Susquehanna increased their target price on shares of Texas Instruments from $300.00 to $340.00 and gave the stock a “positive” rating in a report on Tuesday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $312.12.

Texas Instruments Trading Up 3.8%

Shares of NASDAQ:TXN opened at $268.70 on Friday. 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 company’s 50-day moving average price is $276.95 and its 200 day moving average price is $262.57. The company has a market cap of $245.39 billion, a PE ratio of 40.90, a P/E/G ratio of 1.45 and a beta of 1.33. Texas Instruments Incorporated has a fifty-two week low of $152.73 and a fifty-two week high of $334.03.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 EPS for the quarter, topping the consensus estimate of $1.91 by $0.23. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. The firm had revenue of $5.46 billion during the quarter, compared to analysts’ expectations of $5.26 billion. During the same quarter in the prior year, the firm earned $1.41 EPS. Texas Instruments’s quarterly revenue was up 22.8% on a year-over-year basis. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. Sell-side analysts anticipate that Texas Instruments Incorporated will post 8.45 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 11th. Investors of record on Friday, July 31st were issued a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Friday, July 31st. Texas Instruments’s dividend payout ratio is 86.45%.

Insider Buying and Selling

In related news, VP Tsedeniya Abraham sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $264.63, for a total value of $1,852,410.00. Following the sale, the vice president directly owned 23,181 shares in the company, valued at $6,134,388.03. This trade represents a 23.19% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.60% of the stock is currently owned by corporate insiders.

Texas Instruments Profile

Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures semiconductors used in industrial, automotive, personal electronics, communications equipment and enterprise systems. The company’s portfolio is led by analog chips, which manage power, sensing and signal processing, and embedded processing products, including microcontrollers and processors that control electronic systems.

Texas Instruments also develops products such as data converters, amplifiers, interface and connectivity devices, motor drivers, power-management semiconductors and calculators.