Texas Instruments Incorporated $TXN Shares Sold by Ameriprise Financial Inc.

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Ameriprise Financial Inc. reduced its stake in Texas Instruments (NASDAQ:TXN) by 1.8% in Q3, selling 66,893 shares, though it still holds over 3.6 million shares valued at approximately $654.7 million. Despite this sale, other major institutional investors, such as Norges Bank, Amundi, and Invesco, significantly increased their positions, resulting in about 85% of TXN stock being institutionally owned. The company recently reported Q3 earnings, missing analyst estimates slightly, and announced a quarterly dividend of $1.42 per share, yielding 3.0%.

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