Madison Investments released its Q4 2025 investor letter for the Madison Large Cap Fund, noting a 2.65% return for the S&P 500 in the quarter and 17.9% for the year. Market leadership was shown by High Beta and Momentum factors, with mega-cap technology firms driving the S&P 500’s return.

In Q4 2025, Texas Instruments (TXN) was highlighted by the Madison Large Cap Fund, closing at $213.35 per share on Feb 24. Despite strong results, TXN underperformed as growth recovery expectations were not met. TXN has a market cap of $193.855 billion and a one-month return of -1.30%.

Texas Instruments Incorporated (TXN) was mentioned as a detractor in the Madison Large Cap Fund’s Q4 2025 investor letter. Despite strong results and recovering end markets, TXN shares underperformed. The company targets wireless growth with the recent Silicon Laboratories acquisition.

Read more at Yahoo Finance: Texas Instruments (TXN) Fell Due to Quicker Recovery Expectation