Old North State Trust LLC Invests $879,000 in Texas Instruments Incorporated $TXN

Old North State Trust LLC purchased a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,948 shares of the semiconductor company’s stock, valued at approximately $879,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of Texas Instruments during the second quarter valued at approximately $24,607,313,000. Bank of New York Mellon Corp purchased a new stake in shares of Texas Instruments in the second quarter worth approximately $4,488,666,000. Norges Bank bought a new stake in shares of Texas Instruments during the 4th quarter worth approximately $2,516,628,000. Bank of America Corp DE bought a new stake in shares of Texas Instruments during the 2nd quarter worth approximately $3,700,842,000. Finally, Primecap Management Co. CA purchased a new position in Texas Instruments during the 2nd quarter valued at $2,538,063,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Stock Up 1.8%

Texas Instruments stock opened at $266.54 on Friday. The company has a quick ratio of 3.44, a current ratio of 4.86 and a debt-to-equity ratio of 0.72. The firm has a market cap of $243.42 billion, a P/E ratio of 40.57, a P/E/G ratio of 1.03 and a beta of 1.33. The business has a fifty day moving average of $286.58 and a two-hundred day moving average of $260.07. Texas Instruments Incorporated has a twelve month low of $152.73 and a twelve month high of $334.03.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Wednesday, July 22nd. The semiconductor company reported $2.14 EPS for the quarter, topping the consensus estimate of $1.91 by $0.23. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%.The firm had revenue of $5.46 billion during the quarter, compared to analyst estimates of $5.26 billion. During the same period in the previous year, the company posted $1.41 EPS. The business’s revenue for the quarter 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. On average, analysts forecast that Texas Instruments Incorporated will post 8.42 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 11th. Stockholders of record on Friday, July 31st were issued a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Friday, July 31st. Texas Instruments’s dividend payout ratio (DPR) is currently 86.45%.

Wall Street Analyst Weigh In

TXN has been the topic of a number of recent analyst reports. Morgan Stanley increased their target price on Texas Instruments from $230.00 to $255.00 and gave the stock an “underweight” rating in a research note on Thursday, July 23rd. Wells Fargo & Company upped their price target on shares of Texas Instruments from $300.00 to $310.00 and gave the stock an “equal weight” rating in a report on Thursday, July 23rd. Arete Research set a $405.00 price target on shares of Texas Instruments and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Susquehanna lifted their price objective on shares of Texas Instruments from $300.00 to $340.00 and gave the company a “positive” rating in a report on Tuesday, July 21st. Finally, Rosenblatt Securities boosted their price objective on shares of Texas Instruments from $330.00 to $350.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $312.12.

Texas Instruments 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.