Mon Sep 23 15:15:37 UTC 2024: ## Steel Grove Capital Advisors Reduces Texas Instruments Stake, Other Investors Make Moves

**Dallas, Texas – September 23, 2024** – Steel Grove Capital Advisors LLC has reduced its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 11.8% during the second quarter, according to HoldingsChannel. The firm now owns 10,821 shares of the semiconductor company, valued at $2,105,000.

Meanwhile, several other large investors have adjusted their holdings of Texas Instruments stock:

* **Vanguard Group Inc.** increased its stake by 0.6% in the first quarter, now holding 90,572,576 shares worth $15,778,648,000.
* **Capital Research Global Investors** boosted its position by 4.7% in the first quarter, now owning 28,715,467 shares worth $5,002,522,000.
* **Van ECK Associates Corp** increased its holdings by 6.2% in the second quarter, now owning 5,955,353 shares valued at $1,158,495,000.
* **FIL Ltd** raised its position by 6.6% in the fourth quarter, now owning 4,861,924 shares valued at $828,764,000.
* **Fayez Sarofim & Co** lifted its stake by 2.5% in the first quarter, now owning 4,271,960 shares worth $744,218,000.

Hedge funds and other institutional investors currently own 84.99% of Texas Instruments stock.

Texas Instruments also announced a quarterly dividend of $1.36, payable on November 12th to investors of record on October 31st. This represents a $5.44 annualized dividend and a yield of 2.68%.

In recent insider trading news, CAO Julie C. Knecht sold 7,764 shares on August 23rd at an average price of $209.49, while VP Mohammad Yunus sold 3,778 shares on August 26th at an average price of $208.90.

Analysts remain divided on Texas Instruments, with three rating the stock a sell, eleven assigning a hold rating, and eight assigning a buy rating. The consensus price target is $204.67, according to MarketBeat.com.

**About Texas Instruments:**

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. The company operates through Analog and Embedded Processing segments, offering a wide range of power products, including battery-management solutions, DC/DC switching regulators, AC/DC controllers, and converters, power switches, linear regulators, and lighting products.

**Disclaimer:** This article is for informational purposes only and is not intended as investment advice. Consult with a qualified financial advisor before making any investment decisions.

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