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The Davenport Value & Income Fund's investment thesis on Texas Instruments ($TXN) — Q2 2026 | Buyside Digest

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$TXNNASDAQTexas Instruments

NEUTRAL

The Davenport Value & Income Fund—TXN

Fund Letter

Q2 2026

Published July 28, 2026

View Fund Profile

$280.09USD

+8.4% vs last month

$275.74Pitched

+1.6% since pitch

Market Cap$257.1B

P/E (TTM)N/A

52-Wk RangeN/A

Div. YieldN/A

Technical Chart

From the Fund Letter

The Davenport Value & Income Fund returned 3.17% in Q2 2026, underperforming the Russell 1000 Value Index's 13.87% return as semiconductor stocks dominated market gains with a 138% quarterly advance. The fund's best...

— George L. Smith III, Michael S. Beall, Adam Bergman

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Platinum International Brands FundBULL

Pitched Jun 30, 2024

Texas Instruments provides mission-critical analog components with high customer switching costs and sticky long-term relationships. Market concerns over...

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