Texas Instruments Incorporated $TXN Stock: Maryland State Retirement & Pension System Raises Stake

Maryland State Retirement & Pension System increased its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 13.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 55,898 shares of the semiconductor company’s stock after acquiring an additional 6,839 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Texas Instruments were worth $15,656,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Kraft Davis & Associates LLC raised its holdings in Texas Instruments by 4.4% during the 3rd 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 boosted 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 purchasing an additional 35 shares during the last quarter. Aviance Capital Partners LLC boosted 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 purchasing an additional 36 shares during the last quarter. International Assets Investment Management LLC boosted 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 purchasing an additional 36 shares during the last quarter. Finally, HBW Advisory Services LLC grew its holdings in 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 acquiring an additional 37 shares during the period. 84.99% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

TXN has been the topic of several research analyst reports. Morgan Stanley increased their target price on shares of Texas Instruments from $255.00 to $278.00 and gave the stock an “underweight” rating in a research note on Thursday, October 22nd. Stifel Nicolaus increased their price objective on Texas Instruments from $360.00 to $370.00 and gave the stock a “buy” rating in a research note on Thursday, October 22nd. Sanford C. Bernstein raised their target price on Texas Instruments from $250.00 to $290.00 and gave the company a “market perform” rating in a report on Thursday, July 23rd. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Texas Instruments in a research report on Tuesday, October 20th. Finally, Benchmark upped their price target on Texas Instruments from $315.00 to $360.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $315.37.

Texas Instruments Stock Up 3.1%

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 company’s 50-day moving average is $281.72 and its 200 day moving average is $263.03. Texas Instruments Incorporated has a fifty-two week low of $152.73 and a fifty-two week high of $334.03. The firm 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.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 earnings per share for the quarter, topping the consensus estimate of $2.40 by $0.22. Texas Instruments had a net margin of 34.25% and a return on equity of 40.51%. The business had revenue of $6.05 billion for the quarter, compared to analysts’ expectations of $5.94 billion. During the same period in the previous year, the company earned $1.48 earnings per share. The firm’s revenue for the quarter was up 27.7% compared to the same quarter last year. Research analysts expect that Texas Instruments Incorporated will post 8.97 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 10th. Shareholders of record on Friday, October 30th were given a dividend of $1.52 per share. The ex-dividend date of this dividend was Friday, October 30th. This represents a $6.08 annualized dividend and a dividend yield of 2.0%. This is an increase from Texas Instruments’s previous quarterly dividend of $1.42. Texas Instruments’s payout ratio is 78.86%.

Key Headlines Impacting Texas Instruments

Investors following TXN have been watching these headlines:

• Positive Sentiment: ETFs bought about $365.9 million of TXN shares on Monday, a potentially supportive signal of institutional demand. ETFs had sold $228.8 million on Nov. 6, so recent flows have been mixed. Article: 42 ETFs Add to Texas Instruments
• Positive Sentiment: TI added agentic AI features to its CCStudio development ecosystem, including a tool designed to cut compatible-device software migration from months to days. The tools could make TI platforms more attractive to engineers by reducing development time and cost. Article: TI adds agentic AI to CCStudio
• 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

Insider Activity

In related news, Director Janet F. Clark sold 4,306 shares of the stock in a transaction that occurred on Tuesday, October 27th. The stock was sold at an average price of $302.46, for a total transaction of $1,302,392.76. Following the completion of the sale, the director directly owned 11,341 shares of the company’s stock, valued at approximately $3,430,198.86. This trade represents a 27.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Tsedeniya Abraham sold 7,000 shares of the business’s 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 transaction, the vice president directly owned 23,181 shares in the company, valued at approximately $6,134,388.03. This represents a 23.19% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 27,968 shares of company stock worth $8,236,892. Corporate insiders own 0.60% of the company’s stock.

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.