Rathbones Group PLC lowered its position in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 2.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 253,398 shares of the semiconductor company’s stock after selling 7,575 shares during the quarter. Rathbones Group PLC’s holdings in Texas Instruments were worth $46,557,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also added to or reduced their stakes in the company. Pathway Financial Advisers LLC grew its holdings in Texas Instruments by 0.8% during the 2nd quarter. Pathway Financial Advisers LLC now owns 7,007 shares of the semiconductor company’s stock worth $1,455,000 after acquiring an additional 55 shares during the last quarter. Prestige Wealth Management Group LLC increased its position in Texas Instruments by 3.4% in the 2nd quarter. Prestige Wealth Management Group LLC now owns 1,788 shares of the semiconductor company’s stock valued at $371,000 after acquiring an additional 59 shares during the period. Winthrop Capital Management LLC raised its stake in shares of Texas Instruments by 1.9% during the second quarter. Winthrop Capital Management LLC now owns 3,168 shares of the semiconductor company’s stock valued at $658,000 after acquiring an additional 60 shares during the last quarter. Traveka Wealth LLC lifted its holdings in shares of Texas Instruments by 4.8% during the third quarter. Traveka Wealth LLC now owns 1,371 shares of the semiconductor company’s stock worth $252,000 after purchasing an additional 63 shares during the period. Finally, Austin Wealth Management LLC lifted its holdings in shares of Texas Instruments by 4.1% during the second quarter. Austin Wealth Management LLC now owns 1,661 shares of the semiconductor company’s stock worth $345,000 after purchasing an additional 65 shares during the period. Institutional investors own 84.99% of the company’s stock.
Texas Instruments Stock Performance
Shares of TXN stock opened at $193.39 on Friday. The firm has a 50 day moving average of $203.88 and a 200-day moving average of $186.55. The company has a market cap of $176.07 billion, a price-to-earnings ratio of 35.55, a price-to-earnings-growth ratio of 1.75 and a beta of 1.01. The company has a quick ratio of 2.83, a current ratio of 4.35 and a debt-to-equity ratio of 0.83. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $231.32.
Texas Instruments Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Friday, January 30th were issued a dividend of $1.42 per share. The ex-dividend date was Friday, January 30th. This represents a $5.68 annualized dividend and a dividend yield of 2.9%. Texas Instruments’s dividend payout ratio is currently 104.41%.
Insider Activity at Texas Instruments
In other news, Director Mark A. Blinn sold 3,144 shares of the firm’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $221.58, for a total value of $696,647.52. Following the completion of the sale, 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 sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Hagop H. Kozanian sold 6,843 shares of the business’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $225.95, for a total value of $1,546,175.85. Following the completion of the sale, the vice president directly owned 75,425 shares of the company’s stock, valued at $17,042,278.75. The trade was a 8.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 114,284 shares of company stock worth $25,531,935. 0.57% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on TXN shares. KeyCorp downgraded Texas Instruments from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 5th. Mizuho lifted their target price on Texas Instruments from $145.00 to $160.00 and gave the stock an “underperform” rating in a report on Wednesday, January 28th. Benchmark upped their price target on Texas Instruments from $220.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Truist Financial set a $250.00 price target on Texas Instruments in a research note on Monday, February 23rd. Finally, Citigroup restated a “buy” rating on shares of Texas Instruments in a research report on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, fourteen have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, Texas Instruments presently has a consensus rating of “Hold” and a consensus target price of $214.77.
Read Our Latest Analysis on TXN
Texas Instruments 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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