Texas Instruments Incorporated $TXN Position Decreased by Legacy Wealth Asset Management LLC

Legacy Wealth Asset Management LLC lowered its position in Texas Instruments Incorporated (NASDAQ:TXN) by 31.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,408 shares of the semiconductor company’s stock after selling 3,382 shares during the quarter. Legacy Wealth Asset Management LLC’s holdings in Texas Instruments were worth $2,075,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TXN. BlackRock Inc. acquired a new stake in shares of Texas Instruments in the 2nd quarter valued at $24,607,313,000. Bank of New York Mellon Corp acquired a new position in shares of Texas Instruments during the second quarter worth $4,488,666,000. Bank of America Corp DE acquired a new position in shares of Texas Instruments during the second quarter worth $3,700,842,000. Primecap Management Co. CA purchased a new position in Texas Instruments in the second quarter valued at $2,538,063,000. Finally, Legal & General Group Plc acquired a new stake in Texas Instruments in the second quarter valued at $1,918,277,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Citigroup reaffirmed a “buy” rating and set a $345.00 price target (up from $280.00) on shares of Texas Instruments in a report on Tuesday, July 14th. TD Cowen dropped their price objective on Texas Instruments from $360.00 to $340.00 and set a “buy” rating on the stock in a report on Thursday, July 23rd. JPMorgan Chase & Co. boosted their target price on Texas Instruments from $280.00 to $340.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Robert W. Baird upped their price target on Texas Instruments from $300.00 to $385.00 and gave the company an “outperform” rating in a report on Thursday, July 23rd. Finally, Stifel Nicolaus upped their price target on Texas Instruments from $340.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Sixteen research 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. According to MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and an average price target of $304.26.

Texas Instruments Stock Performance

NASDAQ TXN opened at $288.20 on Friday. The company has a fifty day moving average of $271.37 and a two-hundred day moving average of $273.26. The company has a market capitalization of $263.20 billion, a PE ratio of 43.87, a P/E/G ratio of 1.62 and a beta of 1.35. Texas Instruments Incorporated has a 1 year low of $152.73 and a 1 year high of $334.03. 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 (NASDAQ:TXN) last posted 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. The business had revenue of $5.46 billion for the quarter, compared to analysts’ expectations of $5.26 billion. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%.The business’s revenue was up 22.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.41 earnings per share. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, analysts expect that Texas Instruments Incorporated will post 8.45 earnings per share for the current year.

Texas Instruments Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 30th will be paid a $1.52 dividend. This is an increase from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Friday, October 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 92.54%.

Insider Buying and Selling at Texas Instruments

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 transaction of $1,852,410.00. Following the transaction, the vice president directly owned 23,181 shares in the company, valued at approximately $6,134,388.03. This trade represents a 23.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.60% of the company’s stock.

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.