Nan Shan Life Insurance Co. Ltd. grew its position in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 27.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 149,401 shares of the semiconductor company’s stock after acquiring an additional 32,200 shares during the quarter. Texas Instruments accounts for about 1.4% of Nan Shan Life Insurance Co. Ltd.’s holdings, making the stock its 25th largest position. Nan Shan Life Insurance Co. Ltd.’s holdings in Texas Instruments were worth $44,532,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also modified their holdings of the company. Legacy Financial Advisors Inc. raised its stake in shares of Texas Instruments by 19.5% in the 2nd quarter. Legacy Financial Advisors Inc. now owns 5,715 shares of the semiconductor company’s stock valued at $1,703,000 after buying an additional 934 shares in the last quarter. Proficio Capital Partners LLC boosted its position in shares of Texas Instruments by 328.1% during the 2nd quarter. Proficio Capital Partners LLC now owns 4,435 shares of the semiconductor company’s stock valued at $1,322,000 after acquiring an additional 3,399 shares in the last quarter. Teza Capital Management LLC bought a new stake in Texas Instruments in the second quarter valued at about $423,000. Rehmann Capital Advisory Group raised its position in Texas Instruments by 18.5% in the second quarter. Rehmann Capital Advisory Group now owns 6,625 shares of the semiconductor company’s stock worth $1,972,000 after purchasing an additional 1,035 shares in the last quarter. Finally, NS Partners Ltd bought a new position in shares of Texas Instruments during the 2nd quarter worth approximately $9,563,000. 84.99% of the stock is currently owned by institutional investors.
Texas Instruments Stock Down 2.9%
NASDAQ TXN opened at $253.34 on Wednesday. The stock has a market capitalization of $231.36 billion, a P/E ratio of 38.56, a price-to-earnings-growth ratio of 1.47 and a beta of 1.33. Texas Instruments Incorporated has a 52 week low of $152.73 and a 52 week high of $334.03. The company has a debt-to-equity ratio of 0.72, a quick ratio of 3.44 and a current ratio of 4.86. The stock has a fifty day moving average of $282.85 and a 200-day moving average of $260.82.
Texas Instruments Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st were issued a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Friday, July 31st. Texas Instruments’s payout ratio is currently 86.45%.
Insider Activity at Texas Instruments
In related news, VP Tsedeniya Abraham sold 7,000 shares of the company’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $264.63, for a total value of $1,852,410.00. Following the completion of the sale, the vice president owned 23,181 shares in the company, valued at approximately $6,134,388.03. This represents a 23.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 0.60% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts have recently commented on TXN shares. Rosenblatt Securities boosted their target price on shares of Texas Instruments from $330.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Susquehanna lifted their price target on shares of Texas Instruments from $300.00 to $340.00 and gave the company a “positive” rating in a report on Tuesday, July 21st. TD Cowen reduced their price target on shares of Texas Instruments from $360.00 to $340.00 and set a “buy” rating on the stock in a research report on Thursday, July 23rd. Arete Research set a $405.00 price objective on shares of Texas Instruments and gave the stock a “buy” rating in a report on Wednesday, July 29th. Finally, Wall Street Zen raised Texas Instruments from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, Texas Instruments currently has a consensus rating of “Moderate Buy” and a consensus target price of $312.12.
View Our Latest Research Report 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.
Featured Stories
- Five stocks we like better than Texas Instruments
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
Want to see what other hedge funds are holding TXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Instruments Incorporated (NASDAQ:TXN – Free Report).
Receive News & Ratings for Texas Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments and related companies with MarketBeat.com's FREE daily email newsletter.
