Texas Instruments Incorporated $TXN Shares Acquired by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG increased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 2.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 358,025 shares of the semiconductor company’s stock after purchasing an additional 8,110 shares during the quarter. Texas Instruments accounts for 1.1% of J. Safra Sarasin Holding AG’s holdings, making the stock its 24th largest holding. J. Safra Sarasin Holding AG’s holdings in Texas Instruments were worth $65,780,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of TXN. Shelton Capital Management increased its holdings in Texas Instruments by 2.6% in the second quarter. Shelton Capital Management now owns 151,568 shares of the semiconductor company’s stock valued at $31,469,000 after buying an additional 3,840 shares during the last quarter. Jennison Associates LLC boosted its position in shares of Texas Instruments by 35.1% during the 2nd quarter. Jennison Associates LLC now owns 2,992,090 shares of the semiconductor company’s stock worth $621,218,000 after acquiring an additional 777,619 shares in the last quarter. Howard Capital Management Inc. increased its holdings in shares of Texas Instruments by 11.3% in the 2nd quarter. Howard Capital Management Inc. now owns 26,745 shares of the semiconductor company’s stock valued at $5,553,000 after acquiring an additional 2,709 shares during the last quarter. Invesco Ltd. raised its position in shares of Texas Instruments by 3.3% during the 2nd quarter. Invesco Ltd. now owns 14,068,306 shares of the semiconductor company’s stock worth $2,920,862,000 after acquiring an additional 443,738 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in Texas Instruments by 1.5% during the second quarter. Vanguard Group Inc. now owns 95,447,320 shares of the semiconductor company’s stock worth $19,816,773,000 after purchasing an additional 1,426,360 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on TXN shares. UBS Group set a $245.00 price objective on shares of Texas Instruments and gave the stock a “buy” rating in a report on Wednesday, October 22nd. Truist Financial lifted their price target on shares of Texas Instruments from $175.00 to $195.00 and gave the stock a “hold” rating in a research note on Friday, December 19th. Exane BNP Paribas raised shares of Texas Instruments from a “strong sell” rating to a “hold” rating in a research report on Thursday. TD Cowen reaffirmed a “buy” rating on shares of Texas Instruments in a report on Wednesday, October 22nd. Finally, Citigroup reissued a “buy” rating on shares of Texas Instruments in a report on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $195.12.

Insider Activity at Texas Instruments

In related news, VP Christine Witzsche sold 1,000 shares of Texas Instruments stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $164.31, for a total value of $164,310.00. Following the transaction, the vice president directly owned 20,821 shares in the company, valued at $3,421,098.51. This trade represents a 4.58% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Ronald Kirk sold 9,990 shares of the company’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $162.33, for a total transaction of $1,621,676.70. Following the transaction, the director owned 14,937 shares of the company’s stock, valued at approximately $2,424,723.21. The trade was a 40.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.57% of the company’s stock.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $196.59 on Tuesday. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $221.69. The stock has a market capitalization of $178.63 billion, a price-to-earnings ratio of 35.94, a PEG ratio of 3.04 and a beta of 1.00. The company has a 50-day simple moving average of $178.65 and a 200-day simple moving average of $182.45. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.90 and a current ratio of 4.45.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 10th. Shareholders of record on Friday, January 30th will be given a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, January 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 103.84%.

About Texas Instruments

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.