Dai Ichi Life Insurance Company Ltd raised its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 1.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 321,820 shares of the semiconductor company’s stock after buying an additional 3,998 shares during the quarter. Texas Instruments accounts for 0.9% of Dai Ichi Life Insurance Company Ltd’s investment portfolio, making the stock its 21st largest holding. Dai Ichi Life Insurance Company Ltd’s holdings in Texas Instruments were worth $35,481,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Kiley Juergens Wealth Management LLC acquired a new position in Texas Instruments in the second quarter valued at approximately $100,000. Penserra Capital Management LLC acquired a new position in Texas Instruments in the first quarter valued at approximately $106,000. Kwmg LLC acquired a new position in Texas Instruments in the second quarter valued at approximately $107,000. Stelac Advisory Services LLC bought a new stake in shares of Texas Instruments during the first quarter valued at approximately $110,000. Finally, Massey Quick Simon & CO. LLC increased its holdings in shares of Texas Instruments by 89.7% during the first quarter. Massey Quick Simon & CO. LLC now owns 1,066 shares of the semiconductor company’s stock valued at $111,000 after acquiring an additional 504 shares in the last quarter. 84.35% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Texas Instruments stock opened at $112.58 on Friday. Texas Instruments Incorporated has a 12-month low of $80.03 and a 12-month high of $120.75. The firm has a market cap of $112.05 billion, a P/E ratio of 26.30, a P/E/G ratio of 2.21 and a beta of 1.20. The company has a quick ratio of 5.12, a current ratio of 6.54 and a debt-to-equity ratio of 0.48.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, July 24th. The semiconductor company reported $1.37 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.34 by $0.03. Texas Instruments had a return on equity of 46.80% and a net margin of 28.08%. The business had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $3.96 billion. During the same quarter in the prior year, the company posted $1.03 earnings per share. Texas Instruments’s revenue was up 8.8% compared to the same quarter last year. equities analysts anticipate that Texas Instruments Incorporated will post 5.49 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, August 13th. Investors of record on Tuesday, July 31st were issued a dividend of $0.62 per share. The ex-dividend date of this dividend was Monday, July 30th. This represents a $2.48 annualized dividend and a yield of 2.20%. Texas Instruments’s dividend payout ratio (DPR) is currently 57.94%.

In related news, insider Stephen A. Anderson sold 25,318 shares of the company’s stock in a transaction on Tuesday, July 31st. The stock was sold at an average price of $111.55, for a total transaction of $2,824,222.90. Following the completion of the sale, the insider now owns 131,153 shares in the company, valued at $14,630,117.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.84% of the company’s stock.

Several research firms have recently commented on TXN. Royal Bank of Canada boosted their price objective on Texas Instruments from $125.00 to $127.00 and gave the company a “$115.68” rating in a report on Wednesday, July 18th. BidaskClub downgraded Texas Instruments from a “strong-buy” rating to a “buy” rating in a report on Friday, June 8th. Zacks Investment Research upgraded Texas Instruments from a “hold” rating to a “buy” rating and set a $130.00 price objective for the company in a report on Thursday, July 19th. Jefferies Financial Group restated a “buy” rating and set a $157.00 price objective on shares of Texas Instruments in a report on Wednesday, July 25th. Finally, Mizuho restated a “hold” rating on shares of Texas Instruments in a report on Tuesday, July 24th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and fifteen have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $121.64.

About Texas Instruments

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, portable components, power supply controls, point-of-load products, switches and interfaces, integrated protection devices, high-voltage products, and mobile lighting and display products.

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

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