Texas Instruments Incorporated $TXN Shares Purchased by Sanders Morris Harris LLC

Sanders Morris Harris LLC increased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 732.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,471 shares of the semiconductor company’s stock after acquiring an additional 5,694 shares during the period. Sanders Morris Harris LLC’s holdings in Texas Instruments were worth $1,811,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in TXN. Contravisory Investment Management Inc. acquired a new position in Texas Instruments in the second quarter worth approximately $1,493,000. Quantbot Technologies LP acquired a new stake in shares of Texas Instruments during the 2nd quarter valued at $1,962,000. Ieq Capital LLC acquired a new stake in shares of Texas Instruments during the 2nd quarter valued at $17,709,000. Liontrust Investment Partners LLP acquired a new stake in shares of Texas Instruments during the 1st quarter valued at $13,056,000. Finally, Heartland Advisors Inc. bought a new stake in shares of Texas Instruments during the 2nd quarter worth $4,396,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Trading Down 2.5%

Shares of TXN stock traded down $7.20 during trading hours on Wednesday, reaching $280.65. 6,918,910 shares of the stock traded hands, compared to its average volume of 7,553,137. 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 firm has a market capitalization of $256.30 billion, a PE ratio of 42.72, a PEG ratio of 1.58 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 business has a fifty day moving average price of $271.87 and a 200 day moving average price of $275.18.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data 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 firm had revenue of $5.46 billion during the quarter, compared to analyst estimates of $5.26 billion. During the same quarter last year, the business posted $1.41 EPS. The company’s 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. On average, equities research analysts forecast that Texas Instruments Incorporated will post 8.45 EPS 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 issued a dividend of $1.52 per share. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, October 30th. Texas Instruments’s dividend payout ratio is presently 86.45%.

Insiders Place Their Bets

In related news, VP Tsedeniya Abraham sold 7,000 shares of the company’s stock in a transaction on Thursday, August 27th. The stock was 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 of the company’s stock, valued at approximately $6,134,388.03. The trade was a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on TXN. Weiss Ratings upgraded Texas Instruments from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. UBS Group reaffirmed a “buy” rating and set a $380.00 target price (up from $350.00) on shares of Texas Instruments in a report on Thursday, July 23rd. Wells Fargo & Company upped their target price on Texas Instruments from $300.00 to $310.00 and gave the company an “equal weight” rating in a report on Thursday, July 23rd. Stifel Nicolaus increased their price target on Texas Instruments from $340.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Finally, Robert W. Baird increased their price target on Texas Instruments from $300.00 to $385.00 and gave the company an “outperform” rating in a research report on Thursday, July 23rd. Sixteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $304.26.

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.