Norinchukin Bank The increased its stake in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 5.0% during the 3rd quarter, Holdings Channel reports. The fund owned 311,926 shares of the semiconductor company’s stock after purchasing an additional 14,912 shares during the quarter. Texas Instruments makes up approximately 0.8% of Norinchukin Bank The’s investment portfolio, making the stock its 21st biggest position. Norinchukin Bank The’s holdings in Texas Instruments were worth $57,310,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of TXN. Artisan Partners Limited Partnership raised its holdings in shares of Texas Instruments by 1.7% in the 3rd quarter. Artisan Partners Limited Partnership now owns 758,349 shares of the semiconductor company’s stock valued at $139,331,000 after purchasing an additional 12,562 shares in the last quarter. Shelton Capital Management grew its stake in shares of Texas Instruments by 2.6% during the second quarter. Shelton Capital Management now owns 151,568 shares of the semiconductor company’s stock worth $31,469,000 after purchasing an additional 3,840 shares in the last quarter. Rothschild & Co Wealth Management UK Ltd increased its holdings in Texas Instruments by 1.3% in the third quarter. Rothschild & Co Wealth Management UK Ltd now owns 1,307,580 shares of the semiconductor company’s stock valued at $240,242,000 after buying an additional 16,260 shares during the last quarter. Invesco Ltd. increased its holdings in Texas Instruments by 3.3% in the second quarter. Invesco Ltd. now owns 14,068,306 shares of the semiconductor company’s stock valued at $2,920,862,000 after buying an additional 443,738 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in Texas Instruments by 1.5% in the second quarter. Vanguard Group Inc. now owns 95,447,320 shares of the semiconductor company’s stock valued at $19,816,773,000 after buying an additional 1,426,360 shares in the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.
Texas Instruments Stock Up 1.8%
TXN opened at $194.13 on Tuesday. The company has a market capitalization of $176.75 billion, a PE ratio of 35.69, a price-to-earnings-growth ratio of 1.72 and a beta of 1.01. The company has a debt-to-equity ratio of 0.83, a current ratio of 4.35 and a quick ratio of 2.83. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $231.32. The business has a 50-day moving average of $206.17 and a 200-day moving average of $186.02.
Texas Instruments Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Friday, January 30th were issued a dividend of $1.42 per share. The ex-dividend date was Friday, January 30th. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.9%. Texas Instruments’s dividend payout ratio (DPR) is currently 104.41%.
Insiders Place Their Bets
In related news, VP Mark Gary sold 12,921 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $230.10, for a total value of $2,973,122.10. Following the completion of the sale, the vice president directly owned 45,547 shares in the company, valued at approximately $10,480,364.70. This represents a 22.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Hagop H. Kozanian sold 6,843 shares of the stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $225.95, for a total transaction of $1,546,175.85. Following the transaction, the vice president directly owned 75,425 shares in the company, valued at $17,042,278.75. The trade was a 8.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 114,284 shares of company stock worth $25,531,935 in the last 90 days. 0.60% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Several research analysts have recently issued reports on TXN shares. Cantor Fitzgerald upped their price objective on Texas Instruments from $225.00 to $250.00 and gave the stock a “neutral” rating in a research report on Monday, February 23rd. TD Cowen boosted their target price on Texas Instruments from $225.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft upped their price target on Texas Instruments from $185.00 to $205.00 and gave the company a “hold” rating in a report on Wednesday, January 28th. Bank of America upgraded shares of Texas Instruments from an “underperform” rating to a “neutral” rating and increased their price target for the company from $185.00 to $235.00 in a research note on Wednesday, January 28th. Finally, KeyCorp cut shares of Texas Instruments from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, fourteen have assigned a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $214.77.
View Our Latest Research Report on TXN
Texas Instruments Profile
Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.
TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.
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