Mondrian Investment Partners 13F: Cuts TXN Stake by $69M

Mondrian Investment Partners trimmed its stake in Texas Instruments Incorporated TXN by 246,589 shares during the quarter, according to a Form 13F filed with the SEC on October 23, 2026.

TXN Texas Instruments Incorporated

$284.69 ▲ +63.07% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Mondrian Investment Partners's Texas Instruments Position

The fund reduced its holdings by 47.8%, dropping from 515,330 shares down to 268,741 shares. The remaining stake carried a reported value of about $75.3 million at the close of the period.

Other Institutional Activity in Texas Instruments

Other large asset managers also shifted their positions in the semiconductor stock around the same time. Bank Of New York Mellon Corporation trimmed its holdings by 1,343,361 shares, ending the period with 15,059,099 shares worth about $4.3 billion following an 8.2% reduction. Meanwhile, BSN Capital Partners closed out its position entirely by selling all 80,000 of its shares.

Texas Instruments Incorporated Stock Up 0.1%

Texas Instruments shares closed at $284.69 on October 23, 2026, and recently changed hands around $285.01. The stock sits about 11.2% above its 200-day moving average of $256.26 and trades roughly 14.7% below its 52-week high of $334.03.

Recent Earnings

The chipmaker pulled in $20.8 billion in trailing twelve-month revenue alongside a net profit margin of 34.3% and a return on equity of 39.7%. Investors look toward the company's next earnings report on January 26, 2027, for fresh details on profit trends.

Dividend

Texas Instruments pays an annual dividend of $6.08 per share, which works out to a dividend yield of 2.18% based on recent trading levels. The payout ratio sits at 85.5% of earnings.

Insider Buying and Selling at Texas Instruments Incorporated

Company insiders completed several transactions ahead of the filing, including officer Ahmad Bahai selling 5,000 shares for $1,545,636 on May 14, 2026, at an average price of $309.13. Chief Financial Officer Rafael R Lizardi sold 47,734 shares worth $14,706,996 on May 14, 2026. Director Martin S Craighead sold 10,000 shares valued at $3,204,289 on May 28, 2026, and officer Tsedeniya Abraham sold 7,000 shares for $1,852,413 on August 27, 2026.

Analysts Set New Price Targets

Wall Street analysts maintain a consensus buy rating on the stock with a mean price target of $336.86 across 29 opinions. Prior to the filing, Jefferies maintained a Hold rating and raised its target from $260.00 to $300.00 on October 22, 2026. Freedom Broker upgraded the stock to a Buy rating and lifted its target from $260.00 to $330.00 on October 22, 2026. UBS maintained a Buy rating while lowering its target from $380.00 to $360.00 on October 22, 2026. Morgan Stanley maintained an Underweight rating and raised its target from $255.00 to $278.00 on October 22, 2026, while Barclays maintained an Equal-Weight rating and boosted its target from $250.00 to $280.00 on October 22, 2026.

About Texas Instruments

Texas Instruments designs and manufactures analog and embedded processing semiconductors for electronics makers across global markets. Institutional ownership adjustments in the company offer a window into how major professional investors balance their technology portfolios.

Bottom Line

Market participants will continue tracking institutional portfolio updates and upcoming earnings disclosures to gauge demand for industrial and automotive chips. The next major catalyst arrives when the company reports earnings on January 26, 2027.