Texas Instruments (TXN)

• Market cap: $170B
• 1 day: 1.30%
• 5 days: -2.60%
• 1 month: -5.71%
• 3 months: -8.08%
• 6 months: -3.06%
• Year to date: 10.40%
• 1 year: 13.13%
• 5 years: 44.92%
• 10 years: 240.88%
• Sector: Information Technology
• Industry: Semiconductors & Related Devices

About: Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.

Employees: 34,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

24% more call options, than puts

Call options by funds: $3.06B | Put options by funds: $2.46B

9% more first-time investments, than exits

New positions opened: 170 | Existing positions closed: 156

1% more capital invested

Capital invested by funds: $159B [Q2] → $161B (+$2.11B) [Q3]

1% more funds holding

Funds holding: 2,222 [Q2] → 2,236 (+14) [Q3]

4% less repeat investments, than reductions

Existing positions increased: 837 | Existing positions reduced: 874

4.28% less ownership

Funds ownership: 89.96% [Q2] → 85.68% (-4.28%) [Q3]

16% less funds holding in top 10

Funds holding in top 10: 55 [Q2] → 46 (-9) [Q3]

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $167 11% downside
• Avg. target: $216 16% upside
• High target: $298 59% upside

11 analyst ratings

• positive: 4 36%
• neutral: 6 55%
• negative: 1 9%

Wells Fargo Joe Quatrochi 20% 1-year accuracy 1 / 5 met price target	15% upside $215	Equal-Weight Initiated	22 Nov 2024
B of A Securities Vivek Arya 55% 1-year accuracy 58 / 106 met price target	15% upside $215	Neutral Maintained	23 Oct 2024
Truist Securities William Stein 55% 1-year accuracy 22 / 40 met price target	2% upside $190	Hold Maintained	23 Oct 2024
Cantor Fitzgerald C J Muse 44% 1-year accuracy 36 / 82 met price target	7% upside $200	Neutral Reiterated	23 Oct 2024
Barclays Blayne Curtis 50% 1-year accuracy 24 / 48 met price target	7% upside $200	Equal-Weight Maintained	23 Oct 2024