KBC Group NV increased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 28.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 668,537 shares of the semiconductor company’s stock after purchasing an additional 149,885 shares during the quarter. Texas Instruments accounts for approximately 0.6% of KBC Group NV’s investment portfolio, making the stock its 27th largest position. KBC Group NV’s holdings in Texas Instruments were worth $69,822,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. BerganKDV Wealth Management LLC lifted its holdings in shares of Texas Instruments by 53.3% in the third quarter. BerganKDV Wealth Management LLC now owns 12,034 shares of the semiconductor company’s stock worth $1,079,000 after acquiring an additional 4,182 shares during the last quarter. Ingalls & Snyder LLC lifted its holdings in shares of Texas Instruments by 9.6% in the third quarter. Ingalls & Snyder LLC now owns 12,600 shares of the semiconductor company’s stock worth $1,129,000 after acquiring an additional 1,100 shares during the last quarter. PGGM Investments lifted its holdings in shares of Texas Instruments by 102.8% in the third quarter. PGGM Investments now owns 956,619 shares of the semiconductor company’s stock worth $85,751,000 after acquiring an additional 484,906 shares during the last quarter. Sather Financial Group Inc bought a new position in shares of Texas Instruments in the second quarter worth about $600,000. Finally, Prudential PLC lifted its holdings in shares of Texas Instruments by 62.3% in the second quarter. Prudential PLC now owns 26,520 shares of the semiconductor company’s stock worth $2,040,000 after acquiring an additional 10,175 shares during the last quarter. 84.30% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have recently commented on TXN shares. BidaskClub raised shares of Texas Instruments from a “buy” rating to a “strong-buy” rating in a report on Thursday, December 21st. Morgan Stanley increased their target price on shares of Texas Instruments from $88.00 to $92.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 13th. Royal Bank of Canada reissued a “buy” rating and issued a $112.00 target price on shares of Texas Instruments in a report on Thursday, January 4th. Robert W. Baird increased their target price on shares of Texas Instruments from $85.00 to $100.00 and gave the stock a “neutral” rating in a report on Wednesday, October 25th. Finally, Deutsche Bank increased their target price on shares of Texas Instruments from $80.00 to $92.00 and gave the stock a “hold” rating in a report on Wednesday, October 25th. Fifteen equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Texas Instruments presently has an average rating of “Buy” and an average price target of $109.65.

Texas Instruments Incorporated (NASDAQ:TXN) opened at $100.49 on Friday. Texas Instruments Incorporated has a 52 week low of $74.52 and a 52 week high of $120.75. The company has a quick ratio of 3.00, a current ratio of 3.87 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $99,039.02, a P/E ratio of 23.53, a PEG ratio of 2.11 and a beta of 1.24.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Tuesday, January 23rd. The semiconductor company reported $1.09 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.09. The business had revenue of $3.75 billion during the quarter, compared to the consensus estimate of $3.74 billion. Texas Instruments had a net margin of 24.61% and a return on equity of 40.83%. The company’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.91 EPS. analysts expect that Texas Instruments Incorporated will post 4.97 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, February 12th. Shareholders of record on Wednesday, January 31st will be given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 2.47%. The ex-dividend date is Tuesday, January 30th. Texas Instruments’s dividend payout ratio is presently 68.89%.

In other Texas Instruments news, insider Haren Julie Van sold 19,125 shares of the stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $105.48, for a total transaction of $2,017,305.00. Following the completion of the sale, the insider now owns 29,578 shares of the company’s stock, valued at approximately $3,119,887.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Haviv Ilan sold 23,831 shares of the stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $110.36, for a total transaction of $2,629,989.16. Following the sale, the vice president now directly owns 131,153 shares of the company’s stock, valued at approximately $14,474,045.08. The disclosure for this sale can be found here. Insiders have sold a total of 707,677 shares of company stock valued at $78,161,034 in the last three months. Insiders own 0.96% of the company’s stock.

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Texas Instruments Profile

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries.

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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