Deutsche Bank AG Has $686.11 Million Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Deutsche Bank AG boosted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,659,034 shares of the semiconductor company’s stock after purchasing an additional 34,681 shares during the period. Deutsche Bank AG owned about 0.40% of Texas Instruments worth $686,105,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of TXN. Fiduciary Alliance LLC increased its position in shares of Texas Instruments by 25.3% during the 4th quarter. Fiduciary Alliance LLC now owns 36,801 shares of the semiconductor company’s stock worth $6,901,000 after purchasing an additional 7,424 shares during the last quarter. Ameritas Advisory Services LLC grew its position in shares of Texas Instruments by 73.7% in the 4th quarter. Ameritas Advisory Services LLC now owns 8,739 shares of the semiconductor company’s stock valued at $1,639,000 after acquiring an additional 3,707 shares during the period. HB Wealth Management LLC increased its stake in shares of Texas Instruments by 4.4% during the 4th quarter. HB Wealth Management LLC now owns 99,856 shares of the semiconductor company’s stock worth $18,724,000 after purchasing an additional 4,238 shares during the last quarter. Hamlin Capital Management LLC raised its holdings in shares of Texas Instruments by 9.2% in the 4th quarter. Hamlin Capital Management LLC now owns 871,623 shares of the semiconductor company’s stock valued at $163,438,000 after purchasing an additional 73,715 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in Texas Instruments by 36.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 17,710 shares of the semiconductor company’s stock valued at $3,321,000 after purchasing an additional 4,761 shares during the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TXN. 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 report on Thursday, April 24th. Robert W. Baird raised shares of Texas Instruments from a “neutral” rating to an “outperform” rating and set a $175.00 price target on the stock in a research report on Monday, April 7th. Seaport Res Ptn raised shares of Texas Instruments to a “strong sell” rating in a report on Wednesday, April 30th. UBS Group lowered their target price on shares of Texas Instruments from $225.00 to $215.00 and set a “buy” rating on the stock in a report on Thursday, April 24th. Finally, Morgan Stanley reiterated an “underweight” rating and issued a $148.00 price target (up from $146.00) on shares of Texas Instruments in a research report on Thursday, April 24th. Four investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Texas Instruments currently has an average rating of “Hold” and an average target price of $189.41.

Insider Buying and Selling at Texas Instruments

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

Texas Instruments Stock Up 2.3 %

Shares of NASDAQ:TXN opened at $164.79 on Thursday. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year high of $220.39. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The business’s 50-day moving average is $168.32 and its 200-day moving average is $185.58. The company has a market capitalization of $149.71 billion, a price-to-earnings ratio of 31.75, a P/E/G ratio of 3.30 and a beta of 0.97.

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

Texas Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th will be paid a dividend of $1.36 per share. The ex-dividend date is Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a yield of 3.30%. Texas Instruments’s dividend payout ratio (DPR) is presently 103.23%.

About Texas Instruments

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.