King Luther Capital Management Corp Acquires 2,479 Shares of Texas Instruments Incorporated $TXN

King Luther Capital Management Corp raised its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 3.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 79,735 shares of the semiconductor company’s stock after purchasing an additional 2,479 shares during the period. King Luther Capital Management Corp’s holdings in Texas Instruments were worth $22,333,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Contravisory Investment Management Inc. bought a new stake in Texas Instruments in the second quarter valued at $1,493,000. Diversify Advisory Services LLC grew its position in shares of Texas Instruments by 122.1% during the third quarter. Diversify Advisory Services LLC now owns 24,545 shares of the semiconductor company’s stock worth $6,851,000 after acquiring an additional 13,495 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of Texas Instruments during the second quarter worth about $1,962,000. Ieq Capital LLC bought a new position in shares of Texas Instruments during the second quarter worth about $17,709,000. Finally, Liontrust Investment Partners LLP acquired a new stake in shares of Texas Instruments in the 1st quarter worth about $13,056,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Stock Performance

TXN stock opened at $312.48 on Friday. The company has a 50-day simple moving average of $282.88 and a 200 day simple moving average of $263.61. The company has a market capitalization of $285.53 billion, a P/E ratio of 40.53, a PEG ratio of 1.52 and a beta of 1.39. The company has a quick ratio of 4.05, a current ratio of 5.59 and a debt-to-equity ratio of 0.67. Texas Instruments Incorporated has a fifty-two week low of $152.73 and a fifty-two week high of $334.03.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 EPS for the quarter, beating 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 firm had revenue of $6.05 billion for the quarter, compared to analysts’ expectations of $5.94 billion. During the same quarter last year, the company earned $1.48 EPS. Texas Instruments’s quarterly revenue was up 27.7% on a year-over-year basis. Sell-side analysts predict that Texas Instruments Incorporated will post 8.97 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 10th. Stockholders of record on Friday, October 30th were issued a $1.52 dividend. This represents a $6.08 annualized dividend and a dividend yield of 1.9%. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. The ex-dividend date was Friday, October 30th. Texas Instruments’s payout ratio is 78.86%.

Recent Texas Instruments Headlines

These are some of the TXN headlines that stood out recently:

• Positive Sentiment: Strong quarterly growth: The supplied results show Q3 EPS of $2.62 versus a $2.40 consensus estimate and revenue of $6.06 billion, up 27.7% year over year. That performance supports the growth case behind TXN’s recent momentum. Article: Texas Instruments Stock Price Prediction
• Positive Sentiment: Potential pricing tailwind: Tight chip supply and firmer demand could let Texas Instruments raise prices in 2027 and improve profitability. The benefit may depend on customers accepting the increases. Article: Will Texas Instruments’ 2027 Pricing Strategy Lift Profitability?
• Neutral Sentiment: ETF buying offers a demand signal, not a business catalyst: ETFs reportedly added $365.9 million of TXN shares on Monday, indicating institutional fund demand, though this does not by itself establish a change in fundamentals. Article: 42 ETFs Add to Texas Instruments

Insider Buying and Selling at Texas Instruments

In related news, VP Tsedeniya Abraham sold 7,000 shares of the firm’s 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 transaction, the vice president owned 23,181 shares in the company, valued at $6,134,388.03. This trade represents a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ronald Kirk sold 6,065 shares of Texas Instruments stock in a transaction on Thursday, October 29th. The shares were sold at an average price of $310.39, for a total value of $1,882,515.35. Following the transaction, the director owned 15,462 shares in the company, valued at approximately $4,799,250.18. This trade represents a 28.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 27,968 shares of company stock valued at $8,236,892. 0.60% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages recently weighed in on TXN. Robert W. Baird lifted their price objective on shares of Texas Instruments from $300.00 to $385.00 and gave the company an “outperform” rating in a research report on Thursday, July 23rd. Evercore restated an “outperform” rating and issued a $330.00 target price (up from $316.00) on shares of Texas Instruments in a research report on Thursday, July 23rd. Benchmark raised their price target on shares of Texas Instruments from $315.00 to $360.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Stifel Nicolaus lifted their price target on Texas Instruments from $360.00 to $370.00 and gave the company a “buy” rating in a report on Thursday, October 22nd. Finally, Rosenblatt Securities boosted their price objective on Texas Instruments from $350.00 to $360.00 and gave the stock a “buy” rating in a research report on Thursday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $315.37.

Texas Instruments Company 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.