Texas Instruments Incorporated $TXN Stock: Bank Pictet & Cie Europe AG Reduces Holdings

Bank Pictet & Cie Europe AG reduced its position in Texas Instruments Incorporated (NASDAQ:TXN) by 31.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 54,567 shares of the semiconductor company’s stock after selling 25,202 shares during the quarter. Bank Pictet & Cie Europe AG’s holdings in Texas Instruments were worth $15,284,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of TXN. BlackRock Inc. bought a new position in Texas Instruments during the second quarter worth $24,607,313,000. Bank of New York Mellon Corp acquired a new position in Texas Instruments in the second quarter valued at $4,488,666,000. Bank of America Corp DE acquired a new position in Texas Instruments in the second quarter valued at $3,700,842,000. Primecap Management Co. CA bought a new stake in Texas Instruments during the second quarter valued at $2,538,063,000. Finally, Legal & General Group Plc bought a new stake in Texas Instruments during the second quarter valued at $1,918,277,000. 84.99% of the stock is owned by institutional investors.

Key Headlines Impacting Texas Instruments

Here are the key news stories impacting Texas Instruments this week:

• Positive Sentiment: UBS named TXN a top pick as it expects an upswing in the analog semiconductor cycle, suggesting improving industrial and automotive demand could support future growth. UBS Identifies TXN as Top Pick Amid Upswing in Analog Chip Cycle
• Positive Sentiment: KeyCorp raised its third-quarter earnings forecast for Texas Instruments, reinforcing expectations for a recovery in the company’s core analog and embedded markets. Texas Instruments Q3 Earnings Forecast Raised by KeyCorp
• Positive Sentiment: TD Cowen maintained a “buy” rating and kept its revised $330 price target above the current trading level. Although the target was reduced from $340, the analyst still sees meaningful upside.
• Positive Sentiment: Growth and dividend narratives remain supportive. Zacks highlighted TXN’s favorable growth characteristics, while recent coverage points to its durable analog-chip franchise, recurring demand and history of dividend growth. Here’s Why Texas Instruments Is a Strong Growth Stock
• Neutral Sentiment: Investors are focused on the earnings report due after the close Wednesday. The key issues will be whether industrial demand is recovering, whether automotive and data-center markets remain resilient, and how management characterizes the analog-chip cycle. Texas Instruments and Lam Research Report Earnings
• Negative Sentiment: Wells Fargo lowered its price target to $300 from $310 and retained an “equal weight” rating, signaling limited conviction despite some potential upside.
• Negative Sentiment: ETF selling and valuation concerns may weigh on TXN. Recent ETF net selling adds technical pressure, while comparisons with Broadcom and Sandisk highlight TXN’s relatively demanding valuation and questions about dividend coverage and cash-flow growth.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Arete Research decreased their price target on Texas Instruments from $405.00 to $381.00 and set a “buy” rating for the company in a report on Thursday, August 20th. Citigroup reissued a “buy” rating and issued a $345.00 price objective (up from $280.00) on shares of Texas Instruments in a research note on Tuesday, July 14th. Zacks Research lowered Texas Instruments from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 21st. Stifel Nicolaus upped their target price 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, Mizuho raised their target price on Texas Instruments from $300.00 to $305.00 and gave the stock a “neutral” rating in a research note on Thursday, July 23rd. Sixteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $302.88.

Texas Instruments Stock Up 0.7%

Shares of Texas Instruments stock traded up $1.91 during trading on Tuesday, reaching $278.06. 2,016,532 shares of the company traded hands, compared to its average volume of 7,533,565. The firm has a market capitalization of $253.94 billion, a PE ratio of 42.39, a P/E/G ratio of 1.54 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 50 day moving average price of $271.67 and a 200-day moving average price of $277.63. 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 quarterly 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 during the quarter, compared to analysts’ expectations of $5.26 billion. During the same period last year, the company posted $1.41 earnings per share. The business’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. As a group, equities research analysts expect that Texas Instruments Incorporated will post 8.48 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 30th will be given a dividend of $1.52 per share. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. The ex-dividend date of this dividend is Friday, October 30th. This represents a $6.08 dividend on an annualized basis and a dividend yield of 2.2%. Texas Instruments’s payout ratio is currently 86.45%.

Insider Activity

In other news, VP Tsedeniya Abraham sold 7,000 shares of the firm’s stock in a transaction dated 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 completion of 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 sale was disclosed in a filing with the SEC, which is available at this link. 0.60% of the stock is owned by company insiders.

Texas Instruments Profile

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.