The
Texas Instruments Incorporated (TXN) has been intensely under the investors' radar. Though it underperformed compared to competitors on certain days, it showed resilience amid losses. There were reductions in shareholdings by
Boston Trust Walden Corporation and
180 Wealth Advisors LLC, while others like the
Diversified Trust Co and
Bank Pictet & Cie Asia Ltd. increased their positions. TXN showed significant growth potential, winning
$4.6 Billion in Chips Act Grants, Loans, and up to
$1.6 billion in preliminary agreement funding for semiconductor manufacturing in Texas and Utah.
Elliot Management exerted activist pressure on the company. TXNās Q2 performance was appreciated by investors, and it attracted strong investor attention due to its trending stock status and impressive dividend reputation. Opinions about buying the stock varied, with some considering it not the right time and others, including
Jim Cramer, favoring a buy. While the company faced some challenges, including a larger inventory build-up and revenue decline, it also recorded strong cash flow performance. Their stock saw some falls and lags but it also achieved several triumphs over market returns and competitors. The company boasted
88% control by institutional shareholders.
Texas Instruments Incorporated TXN News Analytics from Wed, 20 Dec 2023 08:00:00 GMT to Sun, 18 Aug 2024 17:21:51 GMT -
Rating 6
- Innovation 5
- Information 7
- Rumor 2
