Texas Instruments Incorporated $TXN Stock: Sterling Capital Management LLC Trims Position

Sterling Capital Management LLC reduced its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 13.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 22,720 shares of the semiconductor company’s stock after selling 3,393 shares during the period. Sterling Capital Management LLC’s holdings in Texas Instruments were worth $6,364,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Kilter Group LLC purchased a new stake in Texas Instruments in the 2nd quarter valued at about $31,000. Nvwm LLC grew 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 in the last quarter. Addison Advisors LLC purchased a new position in shares of Texas Instruments during the second quarter worth approximately $38,000. Reyes Financial Architecture Inc. purchased a new position in shares of Texas Instruments during the third quarter worth approximately $36,000. Finally, Caitlin John LLC bought a new stake in shares of Texas Instruments during the second quarter valued at approximately $41,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Texas Instruments

In related news, VP Tsedeniya Abraham sold 7,000 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $264.63, for a total transaction of $1,852,410.00. Following the completion of the sale, the vice president owned 23,181 shares of the company’s stock, valued at $6,134,388.03. This represents a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.60% of the stock is currently owned by company insiders.

Key Texas Instruments News

Here are the key news stories impacting Texas Instruments this week:

• Positive Sentiment: Texas Instruments reported third-quarter revenue of approximately $6.06 billion, up 28% year over year, while EPS increased 77% to $2.62 and exceeded consensus expectations. Industrial, analog and data-center demand drove the results, with data-center revenue reportedly rising 95%. TXN Q3 Earnings Beat Estimates on Strong Analog, Data Center Demand
• Positive Sentiment: Management’s fourth-quarter revenue guidance, with a midpoint of about $6.05 billion, came in well above analyst expectations. Capacity expansion and broader cyclical recovery could support longer-term revenue, margins and cash flow. TXN Q3 Deep Dive: Industrial and Data Center Growth Drive Outlook Upgrade
• Positive Sentiment: Analyst sentiment strengthened: Zacks upgraded TXN to Rank #1, Freedom Broker raised its rating to Buy with a $330 target, and JPMorgan lifted its target to $365 while maintaining an Overweight rating. Texas Instruments Upgraded to Strong Buy
• Positive Sentiment: New chips for AI data centers—including power-monitoring, high-voltage distribution and timing components—give TXN additional exposure to data-center infrastructure growth. Texas Instruments Debuts Industry First Chips for AI Data Centers
• Neutral Sentiment: Unusual call-option activity and comparisons with Micron indicate bullish trading interest, although Micron was viewed as having stronger AI-driven growth and a lower valuation. Micron vs. Texas Instruments
• Negative Sentiment: TXN’s premium valuation remains a risk if the industrial recovery or AI infrastructure spending slows. Mizuho lowered its target to $290 and kept a Neutral rating, highlighting limited near-term upside. Mizuho Texas Instruments Rating

Texas Instruments Trading Up 1.9%

Shares of NASDAQ TXN opened at $284.69 on Friday. Texas Instruments Incorporated has a 1-year low of $152.73 and a 1-year high of $334.03. The business has a fifty day moving average price of $271.98 and a 200 day moving average price of $279.47. The stock has a market capitalization of $259.99 billion, a P/E ratio of 36.92, a price-to-earnings-growth ratio of 1.55 and a beta of 1.35. The company has a debt-to-equity ratio of 0.67, a current ratio of 5.59 and a quick ratio of 3.44.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.40 by $0.22. The company had revenue of $6.05 billion for the quarter, compared to analyst estimates of $5.94 billion. Texas Instruments had a return on equity of 40.51% and a net margin of 34.25%. The firm’s quarterly revenue was up 27.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.48 earnings per share. Equities research analysts expect that Texas Instruments Incorporated will post 8.79 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 30th will be paid a dividend of $1.52 per share. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. The ex-dividend date is Friday, October 30th. This represents a $6.08 annualized dividend and a dividend yield of 2.1%. Texas Instruments’s dividend payout ratio (DPR) is presently 73.67%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on TXN. Wall Street Zen upgraded Texas Instruments from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Cantor Fitzgerald reissued a “neutral” rating on shares of Texas Instruments in a research note on Tuesday. Freedom Broker upgraded Texas Instruments from a “hold” rating to a “buy” rating and raised their price objective for the stock from $260.00 to $330.00 in a report on Thursday. Sanford C. Bernstein lifted their target price on Texas Instruments from $250.00 to $290.00 and gave the company a “market perform” rating in a research report on Thursday, July 23rd. Finally, JPMorgan Chase & Co. upped their target price on Texas Instruments from $340.00 to $365.00 and gave the stock an “overweight” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and an average target price of $311.39.

About Texas Instruments

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.