Bank of New York Mellon Corp Acquires 4,129,601 Shares of Texas Instruments Incorporated $TXN

Bank of New York Mellon Corp grew its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 33.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,402,834 shares of the semiconductor company’s stock after purchasing an additional 4,129,601 shares during the quarter. Texas Instruments makes up 0.6% of Bank of New York Mellon Corp’s investment portfolio, making the stock its 23rd largest holding. Bank of New York Mellon Corp’s holdings in Texas Instruments were worth $3,184,446,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Strategic Wealth Investment Group LLC bought a new stake in Texas Instruments in the second quarter worth about $25,000. Portus Wealth Advisors LLC bought a new position in shares of Texas Instruments during the 1st quarter valued at approximately $27,000. High Point Wealth Management LLC bought a new position in shares of Texas Instruments during the 4th quarter valued at approximately $25,000. Advocate Investing Services LLC purchased a new stake in shares of Texas Instruments during the 4th quarter worth approximately $25,000. Finally, Ares Financial Consulting LLC purchased a new stake in shares of Texas Instruments during the 4th quarter worth approximately $26,000. 84.99% of the stock is currently owned by institutional investors.

Trending Headlines about Texas Instruments

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

• Positive Sentiment: KeyCorp raised its price target on Texas Instruments to $390 from $325 and reiterated an Overweight/Strong-Buy view, signaling confidence in upside from current levels. Benzinga
• Positive Sentiment: Several reports highlighted that Texas Instruments heads into earnings with improving fundamentals, including expected earnings growth, moderating capital spending, and potentially stronger free cash flow that could support dividends and buybacks. Zacks
• Positive Sentiment: Analysts at KeyCorp also lifted near- and longer-term earnings estimates for TXN, including FY2026 and FY2027 projections above current consensus, which can reinforce a bullish valuation case. MarketBeat
• Neutral Sentiment: Texas Instruments has been outperforming over recent months, but recent market commentary noted the shares were less strong than some peers on Wednesday and Tuesday, suggesting some short-term rotation within semiconductors. MarketWatch
• Neutral Sentiment: Multiple previews said TXN may be set up for an earnings beat, with industrial and data-center demand trends cited as supportive, but investors are still waiting for the actual results and guidance. 247WallSt

Analysts Set New Price Targets

Several research firms recently commented on TXN. Susquehanna reiterated a “positive” rating and issued a $300.00 price objective on shares of Texas Instruments in a research note on Thursday, April 23rd. JPMorgan Chase & Co. raised their target price on Texas Instruments from $227.00 to $280.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. The Goldman Sachs Group upped their price target on Texas Instruments from $175.00 to $200.00 and gave the company a “sell” rating in a research report on Thursday, April 23rd. Jefferies Financial Group upgraded Texas Instruments from a “hold” rating to a “buy” rating in a research note on Friday, May 22nd. Finally, KeyCorp lifted their price objective on Texas Instruments from $325.00 to $390.00 and gave the stock an “overweight” rating in a report on Tuesday. Thirteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Texas Instruments has an average rating of “Hold” and a consensus price target of $281.84.

Insider Activity at Texas Instruments

In related news, CEO Haviv Ilan sold 20,000 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $280.32, for a total value of $5,606,400.00. Following the sale, the chief executive officer directly owned 204,339 shares of the company’s stock, valued at $57,280,308.48. This trade represents a 8.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Rafael R. Lizardi sold 47,734 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $308.10, for a total transaction of $14,706,845.40. Following the transaction, the chief financial officer directly owned 85,485 shares in the company, valued at approximately $26,337,928.50. The trade was a 35.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 303,475 shares of company stock valued at $85,666,638 in the last quarter. 0.60% of the stock is currently owned by company insiders.

Texas Instruments Stock Performance

NASDAQ TXN opened at $301.19 on Thursday. The firm has a market cap of $274.11 billion, a price-to-earnings ratio of 51.57, a PEG ratio of 1.53 and a beta of 1.32. Texas Instruments Incorporated has a 12-month low of $152.73 and a 12-month high of $334.03. The company has a 50-day simple moving average of $302.54 and a two-hundred day simple moving average of $242.37. The company has a quick ratio of 2.94, a current ratio of 4.46 and a debt-to-equity ratio of 0.77.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.31. Texas Instruments had a net margin of 29.11% and a return on equity of 32.49%. The business had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.85 billion. During the same quarter last year, the firm earned $1.23 EPS. The company’s revenue was up 18.6% on a year-over-year basis. Texas Instruments has set its Q2 2026 guidance at 1.770-2.050 EPS. On average, equities analysts forecast that Texas Instruments Incorporated will post 7.69 EPS for the current year.

About Texas Instruments

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.