Cypress Capital Management LLC boosted its position in Texas Instruments Incorporated (NASDAQ:TXN) by 64.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,323 shares of the semiconductor company’s stock after acquiring an additional 1,698 shares during the quarter. Cypress Capital Management LLC’s holdings in Texas Instruments were worth $451,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Texas Instruments by 2.1% during the second quarter. Vanguard Group Inc. now owns 81,330,150 shares of the semiconductor company’s stock worth $6,256,728,000 after buying an additional 1,683,613 shares during the last quarter. Capital International Investors grew its stake in shares of Texas Instruments by 3.0% during the third quarter. Capital International Investors now owns 14,794,402 shares of the semiconductor company’s stock worth $1,326,170,000 after buying an additional 435,938 shares during the last quarter. Janus Henderson Group PLC grew its stake in shares of Texas Instruments by 16.5% during the third quarter. Janus Henderson Group PLC now owns 14,482,401 shares of the semiconductor company’s stock worth $1,298,212,000 after buying an additional 2,055,040 shares during the last quarter. Northern Trust Corp grew its stake in shares of Texas Instruments by 0.4% during the second quarter. Northern Trust Corp now owns 13,556,007 shares of the semiconductor company’s stock worth $1,042,864,000 after buying an additional 53,846 shares during the last quarter. Finally, FMR LLC grew its stake in shares of Texas Instruments by 2.1% during the second quarter. FMR LLC now owns 12,422,815 shares of the semiconductor company’s stock worth $955,687,000 after buying an additional 250,488 shares during the last quarter. 83.67% of the stock is currently owned by institutional investors and hedge funds.

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

Texas Instruments Incorporated (TXN) opened at $101.94 on Tuesday. The company has a market cap of $99,038.98, a price-to-earnings ratio of 23.53, a PEG ratio of 2.11 and a beta of 1.24. The company has a debt-to-equity ratio of 0.35, a quick ratio of 3.00 and a current ratio of 3.87. Texas Instruments Incorporated has a fifty-two week low of $74.93 and a fifty-two week high of $120.75.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Tuesday, January 23rd. The semiconductor company reported $1.09 EPS for the quarter, hitting analysts’ consensus estimates of $1.09. The company had revenue of $3.75 billion for the quarter, compared to analyst estimates of $3.74 billion. Texas Instruments had a net margin of 24.61% and a return on equity of 40.83%. Texas Instruments’s revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.91 earnings per share. research analysts forecast that Texas Instruments Incorporated will post 4.97 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, February 12th. Investors of record on Wednesday, January 31st were issued a $0.62 dividend. The ex-dividend date of this dividend was Tuesday, January 30th. This represents a $2.48 annualized dividend and a yield of 2.43%. Texas Instruments’s payout ratio is 68.89%.

In related news, VP Haviv Ilan sold 23,831 shares of the business’s stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $110.36, for a total value of $2,629,989.16. Following the transaction, the vice president now owns 131,153 shares in the company, valued at $14,474,045.08. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Mark A. Blinn sold 9,724 shares of the business’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $112.47, for a total transaction of $1,093,658.28. Following the completion of the transaction, the director now owns 10,178 shares in the company, valued at approximately $1,144,719.66. The disclosure for this sale can be found here. In the last 90 days, insiders sold 707,677 shares of company stock worth $78,161,034. 0.96% of the stock is owned by company insiders.

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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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