Vanguard Group Maintains 10.0% Stake in Texas Instruments

TL;DR

**Vanguard still owns 10% of Texas Instruments, signaling long-term confidence.**

AI Summary

The Vanguard Group, a major investment firm, filed an amended SC 13G/A on February 13, 2024, indicating its ownership of Texas Instruments Inc. common stock as of December 29, 2023. This filing shows that Vanguard holds 10.0% of Texas Instruments' outstanding shares, totaling 91,440,891 shares. This matters to investors because Vanguard is a passive institutional investor, and its continued significant stake suggests a long-term, stable investment in Texas Instruments, potentially signaling confidence in the company's future.

Why It Matters

Vanguard's substantial and consistent ownership of 91,440,891 shares, representing 10.0% of Texas Instruments, signals a vote of confidence from a major institutional investor, which can reassure current and prospective shareholders about the stock's stability.

Risk Assessment

Risk Level: low — This filing indicates a stable, passive institutional ownership, which generally reduces volatility and risk for the stock.

Analyst Insight

Investors should view Vanguard's consistent 10.0% ownership as a sign of long-term institutional confidence, but recognize it's a passive stake, not an activist one. This suggests stability rather than immediate catalysts.

Key Numbers

• 91,440,891 — Shares Beneficially Owned (Represents the total number of Texas Instruments common stock shares held by The Vanguard Group.)
• 10.0% — Percentage of Class (Indicates The Vanguard Group's significant ownership stake in Texas Instruments.)
• December 29, 2023 — Event Date (The specific date on which the ownership stake was calculated for this filing.)

Key Players & Entities

• The Vanguard Group (company) — reporting person and major institutional investor
• Texas Instruments Inc. (company) — subject company whose securities are being reported
• 91,440,891 shares (dollar_amount) — total shares beneficially owned by The Vanguard Group
• 10.0% (dollar_amount) — percentage of class beneficially owned by The Vanguard Group
• December 29, 2023 (date) — date of event requiring the filing

Forward-Looking Statements

• Vanguard will likely maintain a significant, passive stake in Texas Instruments for the foreseeable future. (The Vanguard Group) — high confidence, target: 2025-12-31

FAQ

From the Filing

0001104659-24-022086.txt : 20240213 0001104659-24-022086.hdr.sgml : 20240213 20240213171554 ACCESSION NUMBER: 0001104659-24-022086 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 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: 24629669 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: VANGUARD GROUP INC CENTRAL INDEX KEY: 0000102909 ORGANIZATION NAME: IRS NUMBER: 231945930 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 SC 13G/A 1 tv02063-texasinstrumentsinc.htm SCHEDULE 13G/A texasinstrumentsinc SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 9)* Name of issuer:  Texas Instruments Inc Title of Class of Securities:  Common Stock CUSIP Number:  882508104 Date of Event Which Requires Filing of this Statement: December 29, 2023 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒ 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). (Continued on the following page(s))     13G CUSIP No.:  882508104 1.  NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Vanguard Group - 23-1945930 2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A.  B.  X 3.  SEC USE ONLY 4.  CITIZENSHIP OF PLACE OF ORGANIZATION Pennsylvania (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5.  SOLE VOTING POWER 0 6.  SHARED VOTING POWER 1,168,090 7.  SOLE DISPOSITIVE POWER 86,012,274 8.  SHARED DISPOSITIVE POWER 4,020,917 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 90,033,191 10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES N/A 11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 9.91% 12.  TYPE OF REPORTING PERSON IA     SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Act of 1934 Item 1(a) - Name of Issuer: Texas Instruments Inc Item 1(b) - Address of Issuer's Principal Executive Offices: 12500 TI Boulevard Dallas, TX 75243-0592 Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930 Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355 Item 2(c) – Citizenship: Pennsylvania Item 2(d) - Title of Class of Securities: Common Stock Item 2(e) - CUSIP Number 882508104 Item 3 -