NewEdge Advisors LLC Increases Stock Holdings in Texas Instruments Incorporated $TXN
by Tristan Rich · The Markets DailyNewEdge Advisors LLC increased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 23.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 113,810 shares of the semiconductor company’s stock after buying an additional 21,705 shares during the quarter. NewEdge Advisors LLC’s holdings in Texas Instruments were worth $33,923,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in TXN. Strategic Wealth Investment Group LLC purchased a new position in shares of Texas Instruments during the 2nd quarter worth about $25,000. Advocate Investing Services LLC acquired a new stake in shares of Texas Instruments in the fourth quarter worth approximately $25,000. Cornerstone Financial Management LLC purchased a new stake in Texas Instruments in the fourth quarter valued at approximately $27,000. Portus Wealth Advisors LLC purchased a new stake in Texas Instruments in the first quarter valued at approximately $27,000. Finally, Quattro Advisors LLC acquired a new position in Texas Instruments during the fourth quarter worth approximately $27,000. 84.99% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research firms have weighed in on TXN. Bank of America increased their price target on shares of Texas Instruments from $320.00 to $370.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Arete Research set a $405.00 price objective on Texas Instruments and gave the stock a “buy” rating in a report on Wednesday, July 29th. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Texas Instruments in a research report on Wednesday. Sanford C. Bernstein increased their target price on Texas Instruments from $250.00 to $290.00 and gave the stock a “market perform” rating in a research report on Thursday, July 23rd. Finally, Zacks Research upgraded Texas Instruments from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $312.12.
Get Our Latest Research Report on Texas Instruments
Texas Instruments Trading Up 1.0%
Shares of TXN stock opened at $261.59 on Thursday. Texas Instruments Incorporated has a fifty-two week low of $152.73 and a fifty-two week high of $334.03. The firm’s 50 day moving average price is $278.12 and its two-hundred day moving average price is $262.26. The stock has a market cap of $238.90 billion, a price-to-earnings ratio of 39.82, a price-to-earnings-growth ratio of 1.45 and a beta of 1.33. The company has a quick ratio of 3.44, a current ratio of 4.86 and a debt-to-equity ratio of 0.72.
Texas Instruments (NASDAQ:TXN – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 EPS for the quarter, beating analysts’ consensus estimates of $1.91 by $0.23. The business had revenue of $5.46 billion for the quarter, compared to the consensus estimate of $5.26 billion. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. The business’s revenue for the quarter was up 22.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.41 EPS. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. On average, analysts anticipate that Texas Instruments Incorporated will post 8.45 EPS for the current year.
Texas Instruments Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st were given a $1.42 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a $5.68 annualized dividend and a yield of 2.2%. Texas Instruments’s dividend payout ratio (DPR) is 86.45%.
Insider Buying and Selling
In other Texas Instruments news, VP Tsedeniya Abraham sold 7,000 shares of the business’s stock in a transaction dated 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 owned 23,181 shares in the company, valued at $6,134,388.03. The trade was a 23.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.60% of the stock is owned by company insiders.
About Texas Instruments
Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures semiconductors used in industrial, automotive, personal electronics, communications equipment and enterprise systems. The company’s portfolio is led by analog chips, which manage power, sensing and signal processing, and embedded processing products, including microcontrollers and processors that control electronic systems.
Texas Instruments also develops products such as data converters, amplifiers, interface and connectivity devices, motor drivers, power-management semiconductors and calculators.
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