National Pension Service Has $261.18 Million Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

National Pension Service raised its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 2.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,532,198 shares of the semiconductor company’s stock after buying an additional 30,117 shares during the quarter. National Pension Service owned 0.17% of Texas Instruments worth $261,178,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of TXN. Annapolis Financial Services LLC increased its holdings in shares of Texas Instruments by 333.3% during the third quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 120 shares in the last quarter. Briaud Financial Planning Inc bought a new stake in Texas Instruments during the 3rd quarter valued at $25,000. Tennessee Valley Asset Management Partners acquired a new position in Texas Instruments during the fourth quarter worth $25,000. Life Planning Partners Inc bought a new position in shares of Texas Instruments in the fourth quarter valued at $26,000. Finally, Pacific Capital Wealth Advisors Inc. acquired a new position in shares of Texas Instruments during the fourth quarter valued at about $31,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Susquehanna raised their price objective on Texas Instruments from $200.00 to $205.00 and gave the company a “positive” rating in a research note on Wednesday, April 24th. Morgan Stanley lifted their target price on shares of Texas Instruments from $138.00 to $146.00 and gave the stock an “underweight” rating in a research report on Wednesday, January 24th. Rosenblatt Securities reissued a “buy” rating and issued a $210.00 price target on shares of Texas Instruments in a report on Wednesday, April 24th. Oppenheimer reaffirmed a “market perform” rating on shares of Texas Instruments in a research report on Wednesday, April 24th. Finally, TD Cowen increased their target price on shares of Texas Instruments from $160.00 to $175.00 and gave the company a “hold” rating in a research report on Wednesday, April 24th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $180.74.

Texas Instruments Stock Up 0.3 %

Texas Instruments stock traded up $0.62 during trading hours on Thursday, hitting $184.57. The stock had a trading volume of 1,247,561 shares, compared to its average volume of 5,602,061. The stock’s 50-day moving average price is $171.38 and its 200-day moving average price is $163.58. Texas Instruments Incorporated has a 12-month low of $139.48 and a 12-month high of $188.12. The company has a quick ratio of 3.76, a current ratio of 4.91 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $168.05 billion, a P/E ratio of 28.70, a price-to-earnings-growth ratio of 3.81 and a beta of 1.01.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.13. Texas Instruments had a return on equity of 35.28% and a net margin of 35.16%. The firm had revenue of $3.66 billion during the quarter, compared to analysts’ expectations of $3.61 billion. During the same quarter in the previous year, the business earned $1.85 earnings per share. The company’s revenue was down 16.4% on a year-over-year basis. Equities research analysts anticipate that Texas Instruments Incorporated will post 5.21 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Wednesday, May 8th will be paid a dividend of $1.30 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.82%. Texas Instruments’s dividend payout ratio is currently 81.12%.

Insider Activity

In other Texas Instruments news, Director Pamela H. Patsley sold 9,990 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $179.12, for a total transaction of $1,789,408.80. Following the sale, the director now directly owns 33,348 shares of the company’s stock, valued at $5,973,293.76. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, Director Pamela H. Patsley sold 9,990 shares of the business’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $179.12, for a total value of $1,789,408.80. Following the sale, the director now directly owns 33,348 shares in the company, valued at approximately $5,973,293.76. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robert E. Sanchez sold 10,539 shares of Texas Instruments stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $174.97, for a total value of $1,844,008.83. Following the completion of the transaction, the director now owns 20,461 shares of the company’s stock, valued at approximately $3,580,061.17. The disclosure for this sale can be found here. Insiders sold a total of 328,969 shares of company stock valued at $58,427,984 in the last 90 days. Company insiders own 0.68% of the company’s stock.

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.