Machina Capital S.A.S. Acquires 18,496 Shares of Texas Instruments Incorporated $TXN

Machina Capital S.A.S. bought a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN) in the third quarter, HoldingsChannel reports. The fund bought 18,496 shares of the semiconductor company’s stock, valued at approximately $5,181,000. Texas Instruments accounts for approximately 0.7% of Machina Capital S.A.S.’s portfolio, making the stock its 24th biggest position.

Several other large investors have also recently bought and sold shares of TXN. Contravisory Investment Management Inc. purchased a new position in shares of Texas Instruments in the 2nd quarter valued at $1,493,000. Diversify Advisory Services LLC raised its stake in Texas Instruments by 122.1% during the 3rd quarter. Diversify Advisory Services LLC now owns 24,545 shares of the semiconductor company’s stock worth $6,851,000 after acquiring an additional 13,495 shares in the last quarter. Quantbot Technologies LP purchased a new stake in Texas Instruments in the second quarter valued at $1,962,000. Ieq Capital LLC purchased a new stake in Texas Instruments in the second quarter valued at $17,709,000. Finally, Liontrust Investment Partners LLP purchased a new stake in Texas Instruments in the first quarter valued at $13,056,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on TXN shares. JPMorgan Chase & Co. upped their price objective on shares of Texas Instruments from $340.00 to $365.00 and gave the company an “overweight” rating in a research note on Thursday, October 22nd. Freedom Broker upgraded Texas Instruments from a “hold” rating to a “buy” rating and lifted their target price for the stock from $260.00 to $330.00 in a research report on Thursday, October 22nd. Truist Financial set a $305.00 target price on Texas Instruments in a report on Thursday, October 22nd. Wells Fargo & Company reduced their target price on Texas Instruments from $310.00 to $300.00 and set an “equal weight” rating for the company in a report on Tuesday, October 20th. Finally, DZ Bank upgraded shares of Texas Instruments from a “sell” rating to a “hold” rating and set a $300.00 target price on the stock in a research report on Wednesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $315.37.

Insider Activity

In other Texas Instruments news, Director Janet F. Clark sold 4,306 shares of the company’s stock in a transaction on Tuesday, October 27th. The stock was sold at an average price of $302.46, for a total value of $1,302,392.76. Following the sale, the director owned 11,341 shares of the company’s stock, valued at approximately $3,430,198.86. This represents a 27.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert E. Sanchez sold 6,065 shares of the firm’s stock in a transaction on Tuesday, October 27th. The shares were sold at an average price of $302.21, for a total value of $1,832,903.65. Following the completion of the transaction, the director owned 21,600 shares of the company’s stock, valued at approximately $6,527,736. This represents a 21.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 27,968 shares of company stock valued at $8,236,892 in the last 90 days. Insiders own 0.60% of the company’s stock.

Top Texas Instruments Stories

These are some of the TXN stories that stood out recently:

• Positive Sentiment: ETFs bought about $365.9 million of TXN shares on Monday, a potentially supportive signal of institutional demand. ETFs had sold $228.8 million on Nov. 6, so recent flows have been mixed. Article: 42 ETFs Add to Texas Instruments
• Positive Sentiment: Recent commentary cites strong earnings, rising AI data-center demand and robust cash flow as potential supports for TXN’s rally. The stock was also included in Zacks’ Strong Buy income-stock list, reinforcing its appeal to some income-focused investors. Article: TXN rally and outlook
• Neutral Sentiment: TXN has been attracting elevated investor attention, but the “trending stock” coverage does not identify a new company announcement or change to its outlook. Article: TXN is a trending stock

Texas Instruments Trading Up 3.1%

Shares of TXN opened at $309.81 on Thursday. The company has a current ratio of 5.59, a quick ratio of 4.05 and a debt-to-equity ratio of 0.67. The firm’s 50-day moving average is $281.72 and its two-hundred day moving average is $263.03. Texas Instruments Incorporated has a twelve month low of $152.73 and a twelve month high of $334.03. The firm has a market capitalization of $283.10 billion, a P/E ratio of 40.18, a PEG ratio of 1.48 and a beta of 1.39.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Wednesday, October 21st. The semiconductor company reported $2.62 EPS for the quarter, topping the consensus estimate of $2.40 by $0.22. The business had revenue of $6.05 billion for the quarter, compared to analyst estimates of $5.94 billion. Texas Instruments had a return on equity of 40.51% and a net margin of 34.25%. The company’s quarterly revenue was up 27.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.48 EPS. On average, research analysts predict that Texas Instruments Incorporated will post 8.97 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 10th. Investors of record on Friday, October 30th were paid a $1.52 dividend. This represents a $6.08 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Friday, October 30th. This is an increase from Texas Instruments’s previous quarterly dividend of $1.42. Texas Instruments’s dividend payout ratio (DPR) is 78.86%.

Texas Instruments Profile

Texas Instruments Incorporated (NASDAQ:TXN) designs and manufactures analog and embedded semiconductor products used in industrial, automotive, personal electronics, communications equipment, and enterprise systems. Its analog products help manage power, sense and measure real-world signals, and support signal processing, while its embedded processing products provide computing and control functions within electronic systems. The company offers a broad portfolio of semiconductors, including power-management devices, amplifiers, data converters, microcontrollers, processors, and connectivity products.