Cornerstone Capital Management Holdings LLC. increased its position in Texas Instruments Incorporated (NASDAQ:TXN) by 11.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 213,082 shares of the semiconductor company’s stock after buying an additional 21,616 shares during the quarter. Cornerstone Capital Management Holdings LLC.’s holdings in Texas Instruments were worth $22,253,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. BlackRock Inc. increased its position in Texas Instruments by 2.5% during the 4th quarter. BlackRock Inc. now owns 68,815,117 shares of the semiconductor company’s stock valued at $7,187,053,000 after purchasing an additional 1,682,070 shares during the period. Capital International Investors increased its position in Texas Instruments by 3.0% during the 3rd quarter. Capital International Investors now owns 14,794,402 shares of the semiconductor company’s stock valued at $1,326,170,000 after purchasing an additional 435,938 shares during the period. Janus Henderson Group PLC increased its position in Texas Instruments by 16.5% during the 3rd quarter. Janus Henderson Group PLC now owns 14,482,401 shares of the semiconductor company’s stock valued at $1,298,212,000 after purchasing an additional 2,055,040 shares during the period. Geode Capital Management LLC increased its position in Texas Instruments by 3.4% during the 4th quarter. Geode Capital Management LLC now owns 11,948,264 shares of the semiconductor company’s stock valued at $1,245,591,000 after purchasing an additional 388,827 shares during the period. Finally, Jennison Associates LLC increased its position in Texas Instruments by 31.0% during the 4th quarter. Jennison Associates LLC now owns 8,708,463 shares of the semiconductor company’s stock valued at $909,512,000 after purchasing an additional 2,061,255 shares during the period. 85.21% of the stock is currently owned by institutional investors.

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TXN has been the topic of a number of research analyst reports. BidaskClub raised shares of Texas Instruments from a “buy” rating to a “strong-buy” rating in a research report on Thursday, December 21st. Morgan Stanley boosted their price objective on shares of Texas Instruments from $88.00 to $92.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 13th. Royal Bank of Canada reissued a “buy” rating and set a $112.00 price objective on shares of Texas Instruments in a research report on Thursday, January 4th. Citigroup reissued a “buy” rating and set a $135.00 price objective (up from $110.00) on shares of Texas Instruments in a research report on Wednesday, January 24th. Finally, Credit Suisse Group raised shares of Texas Instruments to a “buy” rating and set a $125.00 price objective on the stock in a research report on Wednesday, February 7th. Fifteen research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company. Texas Instruments has a consensus rating of “Buy” and an average target price of $109.65.

In related news, VP Haviv Ilan sold 23,831 shares of the company’s stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $110.36, for a total value of $2,629,989.16. Following the transaction, the vice president now owns 131,153 shares in the company, valued at approximately $14,474,045.08. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Kevin J. Ritchie sold 49,955 shares of the company’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $103.00, for a total transaction of $5,145,365.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 757,632 shares of company stock worth $83,306,399. 0.96% of the stock is currently owned by company insiders.

Shares of Texas Instruments Incorporated (TXN) opened at $109.97 on Thursday. The firm has a market cap of $108,380.00, a PE ratio of 30.46, a PEG ratio of 2.34 and a beta of 1.22. Texas Instruments Incorporated has a 1 year low of $75.92 and a 1 year high of $120.75. The company has a debt-to-equity ratio of 0.35, a current ratio of 3.87 and a quick ratio of 3.00.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, January 23rd. The semiconductor company reported $1.09 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $1.09. The company had revenue of $3.75 billion for the quarter, compared to analysts’ expectations of $3.74 billion. Texas Instruments had a net margin of 24.61% and a return on equity of 40.83%. Texas Instruments’s revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.91 EPS. research analysts anticipate that Texas Instruments Incorporated will post 4.97 earnings per share for the current fiscal year.

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Texas Instruments Profile

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries.

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

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