Dimensional Fund Advisors LP boosted its holdings in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 2.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,221,547 shares of the semiconductor company’s stock after purchasing an additional 85,388 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.35% of Texas Instruments worth $591,883,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in the business. Norges Bank purchased a new stake in Texas Instruments in the 2nd quarter valued at about $2,836,310,000. Soundwatch Capital LLC grew its holdings in Texas Instruments by 174,339.6% in the second quarter. Soundwatch Capital LLC now owns 2,974,196 shares of the semiconductor company’s stock valued at $617,503,000 after purchasing an additional 2,972,491 shares during the period. Vanguard Group Inc. increased its position 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. Corient Private Wealth LLC increased its position in Texas Instruments by 94.9% during the second quarter. Corient Private Wealth LLC now owns 2,517,451 shares of the semiconductor company’s stock worth $522,559,000 after purchasing an additional 1,225,524 shares during the last quarter. Finally, State Street Corp raised its stake in Texas Instruments by 2.6% during the second quarter. State Street Corp now owns 43,325,014 shares of the semiconductor company’s stock worth $8,995,139,000 after purchasing an additional 1,084,364 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.
Texas Instruments Stock Down 3.4%
NASDAQ TXN opened at $202.67 on Wednesday. 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 fifty-two week low of $139.95 and a fifty-two week high of $231.32. The business has a 50 day moving average price of $202.63 and a two-hundred day moving average price of $186.43. The stock has a market cap of $183.93 billion, a PE ratio of 37.26, a P/E/G ratio of 1.90 and a beta of 1.01.
Texas Instruments Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Friday, January 30th were given a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Friday, January 30th. Texas Instruments’s dividend payout ratio is presently 104.41%.
Analyst Ratings Changes
A number of analysts have recently commented on TXN shares. Benchmark upped their price objective on Texas Instruments from $220.00 to $250.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Citigroup reissued a “buy” rating on shares of Texas Instruments in a research report on Thursday, January 15th. JPMorgan Chase & Co. raised their price objective on Texas Instruments from $210.00 to $227.00 and gave the stock an “overweight” rating in a report on Wednesday, January 28th. Cantor Fitzgerald boosted their target price on Texas Instruments from $225.00 to $250.00 and gave the stock a “neutral” rating in a report on Monday, February 23rd. Finally, UBS Group increased their target price on shares of Texas Instruments from $245.00 to $260.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, fourteen have given a Hold rating and five have given a Sell rating to the company. According to MarketBeat, Texas Instruments has an average rating of “Hold” and a consensus target price of $214.77.
Check Out Our Latest Report on Texas Instruments
Insider Activity at Texas Instruments
In other news, CFO Rafael R. Lizardi sold 7,096 shares of Texas Instruments stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $230.78, for a total transaction of $1,637,614.88. Following the sale, the chief financial officer directly owned 85,454 shares of the company’s stock, valued at approximately $19,721,074.12. The trade was a 7.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Ahmad Bahai sold 6,500 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $230.79, for a total value of $1,500,135.00. Following the completion of the transaction, the vice president owned 42,488 shares in the company, valued at approximately $9,805,805.52. This trade represents a 13.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 114,284 shares of company stock valued at $25,531,935. 0.57% of the stock is currently owned by insiders.
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.
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