Texas Instruments Incorporated $TXN Shares Purchased by Weaver Capital Management LLC
by Tristan Rich · The Markets DailyWeaver Capital Management LLC lifted its stake in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 172.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,063 shares of the semiconductor company’s stock after purchasing an additional 1,938 shares during the quarter. Weaver Capital Management LLC’s holdings in Texas Instruments were worth $858,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Triasima Portfolio Management inc. grew its holdings in shares of Texas Instruments by 35.9% during the third quarter. Triasima Portfolio Management inc. now owns 24,546 shares of the semiconductor company’s stock valued at $6,875,000 after buying an additional 6,480 shares during the last quarter. Assenagon Asset Management S.A. increased its position in shares of Texas Instruments by 74.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 3,990,292 shares of the semiconductor company’s stock valued at $1,117,641,000 after acquiring an additional 1,709,339 shares during the period. Brindle & Bay Financial Advisors LLC increased its position in shares of Texas Instruments by 4.1% in the 3rd quarter. Brindle & Bay Financial Advisors LLC now owns 3,656 shares of the semiconductor company’s stock valued at $1,024,000 after acquiring an additional 145 shares during the period. Mainsail Asset Management LLC increased its position in shares of Texas Instruments by 6.6% in the 3rd quarter. Mainsail Asset Management LLC now owns 909 shares of the semiconductor company’s stock valued at $270,000 after acquiring an additional 56 shares during the period. Finally, Nvwm LLC raised its stake in Texas Instruments by 550.0% in the 3rd quarter. Nvwm LLC now owns 117 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 99 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts have commented on the company. Evercore reaffirmed an “outperform” rating and set a $330.00 price target (up from $316.00) on shares of Texas Instruments in a research report on Thursday, July 23rd. Cantor Fitzgerald reiterated a “neutral” rating and set a $300.00 price target (up from $280.00) on shares of Texas Instruments in a research note on Wednesday, September 9th. Rosenblatt Securities increased their price objective on Texas Instruments from $330.00 to $350.00 and gave the company a “buy” rating in a report on Friday, July 24th. Benchmark raised their price objective on Texas Instruments from $315.00 to $360.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Finally, Susquehanna raised their price objective on Texas Instruments from $300.00 to $340.00 and gave the stock a “positive” rating in a research note on Tuesday, July 21st. Sixteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $304.26.
Read Our Latest Report on Texas Instruments
Texas Instruments Stock Performance
Shares of NASDAQ TXN opened at $279.12 on Friday. The company has a 50 day simple moving average of $271.94 and a two-hundred day simple moving average of $276.42. The stock has a market cap of $254.91 billion, a price-to-earnings ratio of 42.48, a PEG ratio of 1.57 and a beta of 1.35. The company has a current ratio of 4.86, a quick ratio of 3.44 and a debt-to-equity ratio of 0.72. Texas Instruments Incorporated has a 12 month low of $152.73 and a 12 month high of $334.03.
Texas Instruments (NASDAQ:TXN – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share 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 for the quarter, compared to analyst estimates of $5.26 billion. During the same quarter in the prior year, the business earned $1.41 earnings per share. The business’s quarterly revenue was up 22.8% compared to the same quarter last year. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, analysts predict that Texas Instruments Incorporated will post 8.45 earnings per share for the current year.
Texas Instruments Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Shareholders of record on Friday, October 30th will be issued a $1.52 dividend. The ex-dividend date of this dividend is Friday, October 30th. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.42. This represents a $6.08 annualized dividend and a yield of 2.2%. Texas Instruments’s dividend payout ratio is currently 86.45%.
Insider Buying and Selling
In other Texas Instruments news, VP Tsedeniya Abraham sold 7,000 shares of the 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 sale, the vice president directly owned 23,181 shares of the company’s stock, valued at approximately $6,134,388.03. This trade represents a 23.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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.
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