BlackRock Amends Texas Instruments Stake (SC 13G/A)

Ticker: TXN · Form: SC 13G/A · Filed: 2024-01-25T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, semiconductors

Related Tickers: TXN, BLK

TL;DR

**BlackRock updated its Texas Instruments ownership, signaling its continued significant stake.**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on January 25, 2024, indicating its ownership of Texas Instruments Inc. common stock as of December 31, 2023. This filing, Amendment No. 9, updates their previous disclosures regarding their stake in the semiconductor giant. This matters to investors because BlackRock is a major institutional investor, and changes in their reported holdings can signal shifts in their investment strategy or outlook on Texas Instruments, potentially influencing market sentiment.

Why It Matters

This filing shows BlackRock's updated ownership in Texas Instruments, providing transparency on a major institutional investor's position, which can influence other investors' perceptions of the stock.

Risk Assessment

Risk Level: low — This is a routine disclosure filing by a large institutional investor and does not indicate any immediate or significant risk to the company or its shareholders.

Analyst Insight

Investors should note BlackRock's continued significant, albeit potentially adjusted, stake in Texas Instruments. While this filing doesn't reveal specific changes in share count, it confirms BlackRock's ongoing institutional interest. Investors might consider this a baseline for institutional confidence in Texas Instruments, but should look for more detailed ownership percentages in the full filing to understand any material changes.

Key Players & Entities

FAQ

What type of filing is this document?

This document is an SC 13G/A, which is an amendment to a Schedule 13G, as indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 9)' in the filing.

Who is the reporting person in this filing?

The reporting person is BlackRock, Inc., as stated under '(1)Names of reporting persons. BlackRock, Inc.' and in the 'FILED BY' section of the filing.

Which company's securities are being reported on?

The securities of TEXAS INSTRUMENTS INCORPORATED are being reported on, as indicated by '(Name of Issuer) TEXAS INSTRUMENTS INCORPORATED' in the filing.

What was the date of the event that required this filing?

The date of the event which required this filing was December 31, 2023, as specified under '(Date of Event Which Requires Filing of this Statement) December 31, 2023'.

What is the CUSIP number for the securities mentioned in this filing?

The CUSIP number for the Common Stock of Texas Instruments Incorporated is 882508104, as listed under '(CUSIP Number) 882508104' in the filing.

From the Filing

0001086364-24-003229.txt : 20240125 0001086364-24-003229.hdr.sgml : 20240125 20240125134849 ACCESSION NUMBER: 0001086364-24-003229 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240125 DATE AS OF CHANGE: 20240125 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TEXAS INSTRUMENTS INC CENTRAL INDEX KEY: 0000097476 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 750289970 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-03456 FILM NUMBER: 24561011 BUSINESS ADDRESS: STREET 1: P.O. BOX 660199 CITY: DALLAS STATE: TX ZIP: 75266 BUSINESS PHONE: 9729953773 MAIL ADDRESS: STREET 1: 12500 TI BLVD STREET 2: PO BOX 660199 CITY: DALLAS STATE: TX ZIP: 75266 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us8825081040_012524.txt us8825081040_012524.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 9) TEXAS INSTRUMENTS INCORPORATED -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 882508104 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 882508104 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 69978094 (6) Shared voting power 0 (7) Sole dispositive power 76795073 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 76795073 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 8.5% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- TEXAS INSTRUMENTS INCORPORATED Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 12500 TI BLVD PO BOX 660199 DALLAS TX 75266 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business office or, if none, residence:

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