Texas Instruments Incorporated $TXN Stock Sold by Hamlin Capital Management LLC

Hamlin Capital Management LLC trimmed its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 0.6% in the third quarter, HoldingsChannel.com reports. The firm owned 500,329 shares of the semiconductor company’s stock after selling 3,217 shares during the quarter. Texas Instruments comprises about 3.4% of Hamlin Capital Management LLC’s investment portfolio, making the stock its 14th largest holding. Hamlin Capital Management LLC’s holdings in Texas Instruments were worth $140,137,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Kilter Group LLC purchased a new stake in shares of Texas Instruments during the 2nd quarter worth approximately $31,000. Addison Advisors LLC acquired a new stake in Texas Instruments during the 2nd quarter worth $38,000. Caitlin John LLC acquired a new stake in Texas Instruments during the 2nd quarter worth $41,000. Portus Wealth Advisors LLC purchased a new stake in Texas Instruments in the first quarter valued at $27,000. Finally, Scarborough Advisors LLC acquired a new position in Texas Instruments in the first quarter valued at $29,000. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Texas Instruments Stock Performance

Shares of Texas Instruments stock traded down $4.17 during trading hours on Thursday, hitting $284.81. 1,983,407 shares of the company were exchanged, compared to its average volume of 7,581,263. 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 business has a 50-day moving average of $271.18 and a 200-day moving average of $272.55. Texas Instruments Incorporated has a 1 year low of $152.73 and a 1 year high of $334.03. The stock has a market capitalization of $260.10 billion, a price-to-earnings ratio of 43.34, a P/E/G ratio of 1.66 and a beta of 1.35.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.91 by $0.23. The firm had revenue of $5.46 billion for the quarter, compared to analyst estimates of $5.26 billion. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. Texas Instruments’s quarterly revenue was up 22.8% on a year-over-year basis. During the same period last year, the firm posted $1.41 EPS. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, analysts expect that Texas Instruments Incorporated will post 8.45 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 10th. Stockholders of record on Friday, October 30th will be paid a dividend of $1.52 per share. This represents a $6.08 dividend on an annualized basis and a dividend yield of 2.1%. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.42. The ex-dividend date is Friday, October 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 86.45%.

Insider Activity at Texas Instruments

In other news, VP Tsedeniya Abraham sold 7,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $264.63, for a total value of $1,852,410.00. Following the completion of the sale, the vice president directly owned 23,181 shares of the company’s stock, valued at $6,134,388.03. This trade represents a 23.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have recently commented on TXN shares. UBS Group reiterated a “buy” rating and set a $380.00 target price (up from $350.00) on shares of Texas Instruments in a research report on Thursday, July 23rd. Evercore reiterated an “outperform” rating and issued a $330.00 price objective (up from $316.00) on shares of Texas Instruments in a research note on Thursday, July 23rd. Sanford C. Bernstein increased their price objective on Texas Instruments from $250.00 to $290.00 and gave the company a “market perform” rating in a report on Thursday, July 23rd. Wells Fargo & Company lifted their target price on shares of Texas Instruments from $300.00 to $310.00 and gave the company an “equal weight” rating in a report on Thursday, July 23rd. Finally, KeyCorp upped their price target on shares of Texas Instruments from $390.00 to $400.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Sixteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and a consensus target price of $304.26.

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.