Siemens Fonds Invest GmbH Has $6.14 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Siemens Fonds Invest GmbH lessened its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 36.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,745 shares of the semiconductor company’s stock after selling 18,482 shares during the quarter. Siemens Fonds Invest GmbH’s holdings in Texas Instruments were worth $6,140,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. HF Advisory Group LLC raised its stake in shares of Texas Instruments by 0.6% in the fourth quarter. HF Advisory Group LLC now owns 8,544 shares of the semiconductor company’s stock worth $1,602,000 after purchasing an additional 52 shares during the last quarter. Blossom Wealth Management grew its holdings in Texas Instruments by 5.1% during the fourth quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company’s stock worth $213,000 after buying an additional 55 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management raised its position in Texas Instruments by 1.8% in the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company’s stock valued at $598,000 after buying an additional 56 shares during the last quarter. OLD Second National Bank of Aurora lifted its stake in Texas Instruments by 11.1% during the 4th quarter. OLD Second National Bank of Aurora now owns 572 shares of the semiconductor company’s stock valued at $107,000 after acquiring an additional 57 shares in the last quarter. Finally, Voya Financial Advisors Inc. boosted its holdings in Texas Instruments by 1.6% during the 4th quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company’s stock worth $686,000 after acquiring an additional 58 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Price Performance

Shares of NASDAQ TXN opened at $187.83 on Friday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $220.39. The stock has a market cap of $170.64 billion, a PE ratio of 36.19, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. The stock has a fifty day moving average of $167.07 and a 200-day moving average of $184.74.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.22. The business had revenue of $4.07 billion during the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The company’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.10 EPS. Equities research analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were issued a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 2.90%. The ex-dividend date was Wednesday, April 30th. Texas Instruments’s payout ratio is 103.23%.

Insider Buying and Selling

In other news, Chairman Richard K. Templeton sold 97,000 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $202.68, for a total value of $19,659,960.00. Following the completion of the sale, the chairman now owns 409,089 shares of the company’s stock, valued at approximately $82,914,158.52. The trade was a 19.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Janet F. Clark sold 6,065 shares of the stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $203.62, for a total value of $1,234,955.30. Following the sale, the director now owns 10,816 shares of the company’s stock, valued at $2,202,353.92. This represents a 35.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 297,065 shares of company stock worth $59,734,685. Insiders own 0.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Truist Financial cut their price target on shares of Texas Instruments from $195.00 to $171.00 and set a “hold” rating on the stock in a report on Thursday, April 24th. Baird R W upgraded Texas Instruments from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 7th. Citigroup reduced their target price on Texas Instruments from $235.00 to $210.00 and set a “buy” rating for the company in a report on Friday, April 11th. DZ Bank upgraded Texas Instruments from a “sell” rating to a “hold” rating and set a $163.00 price target on the stock in a report on Friday, April 25th. Finally, JPMorgan Chase & Co. reduced their price objective on Texas Instruments from $230.00 to $195.00 and set an “overweight” rating for the company in a research note on Thursday, April 24th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $189.41.

Texas Instruments Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.