Union Bancaire Privee UBP SA boosted its position in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 17.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,324 shares of the semiconductor company’s stock after buying an additional 4,678 shares during the period. Union Bancaire Privee UBP SA’s holdings in Texas Instruments were worth $5,434,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently bought and sold shares of TXN. GAMMA Investing LLC lifted its stake in Texas Instruments by 2.2% during the 4th quarter. GAMMA Investing LLC now owns 19,591 shares of the semiconductor company’s stock valued at $3,399,000 after acquiring an additional 428 shares during the period. Triumph Capital Management acquired a new stake in shares of Texas Instruments in the third quarter worth $104,000. Allworth Financial LP raised its holdings in shares of Texas Instruments by 1.5% during the third quarter. Allworth Financial LP now owns 171,346 shares of the semiconductor company’s stock worth $31,481,000 after purchasing an additional 2,468 shares during the last quarter. IFP Advisors Inc lifted its position in Texas Instruments by 33.7% during the third quarter. IFP Advisors Inc now owns 11,432 shares of the semiconductor company’s stock valued at $2,160,000 after purchasing an additional 2,883 shares during the period. Finally, Swiss Life Asset Management Ltd lifted its position in Texas Instruments by 2.3% during the third quarter. Swiss Life Asset Management Ltd now owns 504,391 shares of the semiconductor company’s stock valued at $92,672,000 after purchasing an additional 11,547 shares during the period. 84.99% of the stock is owned by hedge funds and other institutional investors.
Texas Instruments Price Performance
Shares of Texas Instruments stock opened at $187.19 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 4.35 and a quick ratio of 2.83. The business has a 50 day simple moving average of $206.25 and a two-hundred day simple moving average of $185.90. The stock has a market capitalization of $170.43 billion, a P/E ratio of 34.41, a PEG ratio of 1.70 and a beta of 1.01. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $231.32.
Texas Instruments Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 10th. Investors of record on Friday, January 30th were paid a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Friday, January 30th. Texas Instruments’s dividend payout ratio is currently 104.41%.
Insider Buying and Selling
In related news, CFO Rafael R. Lizardi sold 7,096 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $230.78, for a total value of $1,637,614.88. Following the completion of the sale, the chief financial officer owned 85,454 shares of the company’s stock, valued at approximately $19,721,074.12. This trade represents a 7.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark A. Blinn sold 3,144 shares of the business’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $221.58, for a total value of $696,647.52. Following the transaction, the director directly owned 11,670 shares in the company, valued at $2,585,838.60. This trade represents a 21.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 114,284 shares of company stock worth $25,531,935 in the last 90 days. Corporate insiders own 0.60% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on the company. The Goldman Sachs Group increased their price target on Texas Instruments from $156.00 to $175.00 and gave the stock a “sell” rating in a research report on Wednesday, January 28th. TD Cowen upped their target price on Texas Instruments from $225.00 to $240.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. KeyCorp lowered Texas Instruments from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. boosted their price target on Texas Instruments from $210.00 to $227.00 and gave the company an “overweight” rating in a report on Wednesday, January 28th. Finally, Citigroup reaffirmed a “buy” rating on shares of Texas Instruments in a research note on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, fourteen have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $214.77.
Check Out Our Latest Stock Analysis on TXN
Texas Instruments Company Profile
Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.
TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.
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