Texas Instruments Incorporated $TXN Stock Sold by Grove Bank & Trust

Grove Bank & Trust lessened its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 38.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,086 shares of the semiconductor company’s stock after selling 2,582 shares during the quarter. Grove Bank & Trust’s holdings in Texas Instruments were worth $1,144,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Contravisory Investment Management Inc. purchased a new stake in Texas Instruments during the 2nd quarter worth approximately $1,493,000. Quantbot Technologies LP purchased a new position in shares of Texas Instruments in the second quarter worth $1,962,000. Ieq Capital LLC acquired a new stake in shares of Texas Instruments during the second quarter worth $17,709,000. Liontrust Investment Partners LLP acquired a new stake in shares of Texas Instruments during the first quarter worth $13,056,000. Finally, Heartland Advisors Inc. purchased a new stake in shares of Texas Instruments during the second quarter valued at $4,396,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on TXN shares. Stifel Nicolaus upped their target price on Texas Instruments from $340.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. Morgan Stanley lifted their price target on Texas Instruments from $230.00 to $255.00 and gave the stock an “underweight” rating in a research report on Thursday, July 23rd. Wells Fargo & Company boosted their price target on Texas Instruments from $300.00 to $310.00 and gave the company an “equal weight” rating in a research note on Thursday, July 23rd. Benchmark increased their price objective on Texas Instruments from $315.00 to $360.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Finally, Susquehanna raised their price objective on Texas Instruments from $300.00 to $340.00 and gave the stock a “positive” rating in a research note on Tuesday, July 21st. Sixteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and a consensus price target of $304.26.

Insiders Place Their Bets

In other Texas Instruments news, VP Tsedeniya Abraham sold 7,000 shares of the business’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 transaction, the vice president directly owned 23,181 shares of the company’s stock, valued at approximately $6,134,388.03. The trade was a 23.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.60% of the company’s stock.

Texas Instruments Stock Performance

NASDAQ:TXN traded down $0.78 during mid-day trading on Thursday, hitting $288.20. The company’s stock had a trading volume of 5,938,555 shares, compared to its average volume of 7,603,748. The business’s fifty day moving average is $271.37 and its two-hundred day moving average is $273.26. The stock has a market cap of $263.20 billion, a price-to-earnings ratio of 43.87, a PEG ratio of 1.66 and a beta of 1.35. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.86 and a quick ratio of 3.44. Texas Instruments Incorporated has a 1 year low of $152.73 and a 1 year high of $334.03.

Texas Instruments (NASDAQ:TXN) last released 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 business had revenue of $5.46 billion during the quarter, compared to analyst estimates of $5.26 billion. Texas Instruments had a return on equity of 35.77% and a net margin of 31.11%.The company’s revenue was up 22.8% on a year-over-year basis. During the same quarter last year, the business posted $1.41 EPS. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. Analysts anticipate that Texas Instruments Incorporated will post 8.45 EPS for the current fiscal year.

Texas Instruments Increases Dividend

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

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.