Assenagon Asset Management S.A. 13F: Adds $479M to TXN Stake

Assenagon Asset Management grew its investment in Texas Instruments Incorporated TXN NasdaqGS during the quarter, according to a Form 13F filing with the SEC on October 15, 2026. Keep in mind that 13F reports are backward-looking and reveal holdings as of the close of the reporting period rather than today's exact position.

What Changed in Assenagon Asset Management's Texas Instruments Position

The fund added 1,709,339 shares to its holdings, marking a 74.9% increase. That brought its total stake to 3,990,292 shares. The reported value of the position stood at $1,117,640,886.

Other Institutional Activity in Texas Instruments

Blackrock Inc. grew its holdings by 1,043,355 shares, ending with 82,555,483 shares worth about $22,824,940,846. Vanguard Capital Management LLC lifted its stake by 460,056 shares, finishing with 59,441,598 shares valued at roughly $16,434,413,668. State Street Corporation increased its position by 1,374,224 shares to hold 44,453,341 shares worth approximately $12,290,460,208. Invesco Ltd. raised its holdings by 517,907 shares, owning 37,777,410 shares valued at about $10,444,698,731. On the other side, JPMORGAN CHASE & CO reduced its stake by 5,934,059 shares, leaving it with 32,449,245 shares worth roughly $8,971,567,614.

Texas Instruments Incorporated Stock Down 0.4%

Texas Instruments shares recently traded around $279.58 as of October 16, 2026. The stock sits above its 50-day moving average of $272.34 and remains well above its 200-day moving average of $253.77. Shares have traded in a 52-week range between $152.73 and $334.03.

Recent Earnings

The company reported trailing-twelve-month revenue of $19.45 billion alongside earnings of $6.57 per share. Profitability metrics show a net margin of 31.1% and a return on equity of 35.2%. The next quarterly earnings report is scheduled for October 21, 2026.

Dividend

Texas Instruments offers an annual dividend yield of 2.18%, supported by a payout ratio of 85.5%.

Insider Buying and Selling at Texas Instruments Incorporated

Chief Financial Officer Rafael R Lizardi disposed of 47,734 shares on May 14, 2026, for a total value of $14,706,996. Officer Ahmad Bahai sold 5,000 shares on May 14, 2026, at an average price of $309.13, totaling $1,545,636. Director Martin S Craighead sold 10,000 shares on May 28, 2026, valued at $3,204,289. Officer Tsedeniya Abraham sold 7,000 shares on August 27, 2026, worth $1,852,413.

Analysts Set New Price Targets

Bernstein maintained a Market Perform rating on July 23, 2026, with a price target of $290.00. JP Morgan kept an Overweight rating on July 23, 2026, lifting its target to $340.00. Morgan Stanley held an Underweight rating on July 23, 2026, setting a $255.00 target. Rosenblatt maintained a Buy rating on July 24, 2026, raising its target to $350.00. Cantor Fitzgerald reiterated a Neutral rating on August 17, 2026, with a target of $340.00. Overall, the stock holds a consensus buy rating with a mean target price of $324.71 across 31 analyst opinions.

About Texas Instruments

Texas Instruments designs and manufactures analog and embedded processing semiconductors for electronic equipment manufacturers worldwide. Based in Dallas, Texas, the company supplies chips used across industrial, automotive, personal electronics, and communication infrastructure markets.

Bottom Line

Assenagon's larger position highlights significant institutional interest leading into the company's upcoming earnings release. Investors will watch the October 21 financial update to gauge demand across the semiconductor sector.