Wellington Management Group LLP Sells 345,254 Shares of Texas Instruments Incorporated $TXN

Wellington Management Group LLP lessened its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 2.6% in the second quarter, Holdings Channel reports. The fund owned 13,121,140 shares of the semiconductor company’s stock after selling 345,254 shares during the quarter. Texas Instruments comprises 0.7% of Wellington Management Group LLP’s investment portfolio, making the stock its 21st biggest holding. Wellington Management Group LLP’s holdings in Texas Instruments were worth $3,911,018,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TXN. Kingsview Wealth Management LLC bought a new position in shares of Texas Instruments in the second quarter worth about $67,583,000. Beacon Pointe Advisors LLC purchased a new position in Texas Instruments during the second quarter valued at $19,830,000. Kimelman & Baird LLC purchased a new position in shares of Texas Instruments during the second quarter valued at about $447,000. Pin Oak Investment Advisors Inc. purchased a new position in shares of Texas Instruments in the 2nd quarter worth $1,878,000. Finally, 49 Wealth Management LLC bought a new position in shares of Texas Instruments during the 2nd quarter valued at approximately $1,480,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Trading Down 3.0%

Shares of TXN stock opened at $258.64 on Friday. The company’s 50-day moving average price is $285.30 and its 200-day moving average price is $260.06. Texas Instruments Incorporated has a twelve month low of $152.73 and a twelve month high of $334.03. The company has a current ratio of 4.86, a quick ratio of 3.44 and a debt-to-equity ratio of 0.72. The stock has a market cap of $236.20 billion, a price-to-earnings ratio of 39.37, a PEG ratio of 1.05 and a beta of 1.33.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.23. The firm had revenue of $5.46 billion during the quarter, compared to the consensus estimate of $5.26 billion. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%.The company’s quarterly revenue was up 22.8% on a year-over-year basis. During the same period last year, the company earned $1.41 EPS. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, equities analysts predict that Texas Instruments Incorporated will post 8.42 earnings per share for the current year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st were issued a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, July 31st. Texas Instruments’s payout ratio is 86.45%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on TXN. Mizuho upped their price target on shares of Texas Instruments from $300.00 to $305.00 and gave the stock a “neutral” rating in a report on Thursday, July 23rd. Morgan Stanley boosted their target price on shares of Texas Instruments from $230.00 to $255.00 and gave the stock an “underweight” rating in a report on Thursday, July 23rd. Bank of America increased their price objective on Texas Instruments from $320.00 to $370.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Weiss Ratings upgraded shares of Texas Instruments from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, July 28th. Finally, Stifel Nicolaus boosted their price target on Texas Instruments from $340.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $312.12.

Texas Instruments Company Profile

Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.

TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.