Machina Capital S.A.S. Purchases 18,496 Shares of Texas Instruments Incorporated $TXN

Machina Capital S.A.S. purchased a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 18,496 shares of the semiconductor company’s stock, valued at approximately $5,181,000. Texas Instruments comprises approximately 0.7% of Machina Capital S.A.S.’s portfolio, making the stock its 24th biggest holding.

A number of other hedge funds have also recently modified their holdings of the company. Kraft Davis & Associates LLC increased its position in Texas Instruments by 4.4% during the third quarter. Kraft Davis & Associates LLC now owns 827 shares of the semiconductor company’s stock worth $230,000 after purchasing an additional 35 shares during the last quarter. May Hill Capital LLC grew its stake in shares of Texas Instruments by 3.7% in the 3rd quarter. May Hill Capital LLC now owns 990 shares of the semiconductor company’s stock valued at $277,000 after buying an additional 35 shares during the period. Aviance Capital Partners LLC grew its stake in shares of Texas Instruments by 1.0% in the 3rd quarter. Aviance Capital Partners LLC now owns 3,754 shares of the semiconductor company’s stock valued at $1,052,000 after buying an additional 36 shares during the period. International Assets Investment Management LLC grew its stake in shares of Texas Instruments by 1.2% in the 3rd quarter. International Assets Investment Management LLC now owns 2,947 shares of the semiconductor company’s stock valued at $829,000 after buying an additional 36 shares during the period. Finally, HBW Advisory Services LLC increased its holdings in shares of Texas Instruments by 2.2% during the 1st quarter. HBW Advisory Services LLC now owns 1,730 shares of the semiconductor company’s stock worth $336,000 after buying an additional 37 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Trading Up 3.1%

NASDAQ TXN opened at $309.81 on Thursday. The company has a debt-to-equity ratio of 0.67, a current ratio of 5.59 and a quick ratio of 4.05. The stock has a market capitalization of $283.10 billion, a P/E ratio of 40.18, a PEG ratio of 1.48 and a beta of 1.39. The firm’s 50-day moving average is $281.72 and its two-hundred day moving average is $263.03. Texas Instruments Incorporated has a 12 month low of $152.73 and a 12 month high of $334.03.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 earnings per share for the quarter, beating analysts’ consensus estimates of $2.40 by $0.22. The business had revenue of $6.05 billion during the quarter, compared to analysts’ expectations of $5.94 billion. Texas Instruments had a net margin of 34.25% and a return on equity of 40.51%. The business’s revenue for the quarter was up 27.7% on a year-over-year basis. During the same period last year, the business earned $1.48 earnings per share. On average, sell-side analysts anticipate that Texas Instruments Incorporated will post 8.97 earnings per share for the current year.

Texas Instruments Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 10th. Investors of record on Friday, October 30th were issued a $1.52 dividend. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. The ex-dividend date was Friday, October 30th. This represents a $6.08 annualized dividend and a yield of 2.0%. Texas Instruments’s payout ratio is 78.86%.

Insider Transactions at Texas Instruments

In other news, VP Tsedeniya Abraham sold 7,000 shares of Texas Instruments stock in a transaction 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 completion of the sale, 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 sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Ronald Kirk sold 6,065 shares of the business’s stock in a transaction dated Thursday, October 29th. The stock was sold at an average price of $310.39, for a total transaction of $1,882,515.35. Following the sale, the director owned 15,462 shares in the company, valued at $4,799,250.18. This trade represents a 28.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 27,968 shares of company stock worth $8,236,892 in the last three months. Company insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Benchmark lifted their price target on shares of Texas Instruments from $315.00 to $360.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. The Goldman Sachs Group reiterated a “sell” rating and issued a $250.00 price objective on shares of Texas Instruments in a report on Thursday, October 22nd. Cantor Fitzgerald reiterated a “neutral” rating on shares of Texas Instruments in a research report on Tuesday, October 20th. Stifel Nicolaus raised their target price on Texas Instruments from $360.00 to $370.00 and gave the stock a “buy” rating in a research note on Thursday, October 22nd. Finally, Morgan Stanley lifted their target price on Texas Instruments from $255.00 to $278.00 and gave the company an “underweight” rating in a research report on Thursday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $315.37.

Latest Texas Instruments News

Investors following TXN have been watching these news items:

• Positive Sentiment: Recent commentary cites strong earnings, rising AI data-center demand and robust cash flow as potential supports for TXN’s rally. The stock was also included in Zacks’ Strong Buy income-stock list, reinforcing its appeal to some income-focused investors. Article: TXN rally and outlook
• Neutral Sentiment: TXN has been attracting elevated investor attention, but the “trending stock” coverage does not identify a new company announcement or change to its outlook. Article: TXN is a trending stock
• Negative Sentiment: TXN has already climbed about 70% year to date, and coverage flags its premium valuation as a risk. That could make the shares more vulnerable if growth or AI-related expectations disappoint. Article: TXN rally and valuation

Texas Instruments Company 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.