Wedmont Private Capital raised its stake in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 31.4% during the third quarter, Holdings Channel.com reports. The firm owned 9,302 shares of the semiconductor company’s stock after purchasing an additional 2,224 shares during the quarter. Wedmont Private Capital’s holdings in Texas Instruments were worth $2,681,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Kilter Group LLC purchased a new stake in shares of Texas Instruments during the second quarter worth approximately $31,000. Addison Advisors LLC purchased a new position in Texas Instruments in the second quarter worth approximately $38,000. Caitlin John LLC acquired a new position in Texas Instruments during the 2nd quarter worth approximately $41,000. Portus Wealth Advisors LLC acquired a new position in Texas Instruments during the 1st quarter worth approximately $27,000. Finally, Scarborough Advisors LLC purchased a new stake in shares of Texas Instruments in the 1st quarter valued at approximately $29,000. 84.99% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Texas Instruments
In other Texas Instruments news, VP Tsedeniya Abraham sold 7,000 shares of Texas Instruments stock in a transaction that occurred on Thursday, August 27th. The stock was 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 of the company’s stock, valued at $6,134,388.03. The trade was a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.60% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
View Our Latest Research Report on Texas Instruments
Texas Instruments Price Performance
Shares of NASDAQ:TXN opened at $283.74 on Friday. The company’s fifty day moving average price is $271.53 and its 200 day moving average price is $273.33. Texas Instruments Incorporated has a 12 month low of $152.73 and a 12 month high of $334.03. The company has a debt-to-equity ratio of 0.72, a current ratio of 4.86 and a quick ratio of 3.44. The firm has a market capitalization of $259.13 billion, a P/E ratio of 43.19, a P/E/G ratio of 1.61 and a beta of 1.35.
Texas Instruments (NASDAQ:TXN – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The semiconductor company reported $2.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.23. The company had revenue of $5.46 billion during the quarter, compared to the consensus estimate of $5.26 billion. Texas Instruments had a net margin of 31.11% and a return on equity of 35.77%. Texas Instruments’s revenue for the quarter was up 22.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.41 earnings per share. Texas Instruments has set its Q3 2026 guidance at 2.230-2.570 EPS. As a group, sell-side analysts predict that Texas Instruments Incorporated will post 8.45 earnings per share 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. Investors of record on Friday, October 30th will be paid a dividend of $1.52 per share. The ex-dividend date is Friday, October 30th. This represents a $6.08 dividend on an annualized basis and a yield of 2.1%. This is a boost from Texas Instruments’s previous quarterly dividend of $1.42. Texas Instruments’s dividend payout ratio (DPR) is 86.45%.
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.
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