Danske Bank A S acquired a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 477,429 shares of the semiconductor company’s stock, valued at approximately $87,718,000. Danske Bank A S owned 0.05% of Texas Instruments at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in TXN. Pathway Financial Advisers LLC increased its holdings in Texas Instruments by 0.8% in 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 stake in shares of Texas Instruments by 3.4% in the second quarter. Prestige Wealth Management Group LLC now owns 1,788 shares of the semiconductor company’s stock worth $371,000 after purchasing an additional 59 shares in the last quarter. Traveka Wealth LLC raised its position in shares of Texas Instruments by 4.8% in the third quarter. Traveka Wealth LLC now owns 1,371 shares of the semiconductor company’s stock valued at $252,000 after purchasing an additional 63 shares during the period. Bond & Devick Financial Network Inc. lifted its stake in shares of Texas Instruments by 6.2% during the 3rd quarter. Bond & Devick Financial Network Inc. now owns 1,118 shares of the semiconductor company’s stock valued at $205,000 after buying an additional 65 shares in the last quarter. Finally, Wealthquest Corp boosted its holdings in Texas Instruments by 5.4% in the 2nd quarter. Wealthquest Corp now owns 1,299 shares of the semiconductor company’s stock worth $270,000 after buying an additional 67 shares during the period. 84.99% of the stock is currently owned by institutional investors.
Texas Instruments Price Performance
TXN stock opened at $194.45 on Wednesday. The company has a debt-to-equity ratio of 0.83, a current ratio of 4.35 and a quick ratio of 2.83. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $231.32. The stock has a market cap of $177.04 billion, a PE ratio of 35.74, a P/E/G ratio of 1.75 and a beta of 1.01. The firm has a 50 day simple moving average of $206.22 and a two-hundred day simple moving average of $185.96.
Texas Instruments Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, February 10th. Investors of record on Friday, January 30th were paid a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Friday, January 30th. Texas Instruments’s dividend payout ratio is currently 104.41%.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the company. TD Cowen increased their target price on Texas Instruments from $225.00 to $240.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Citigroup restated a “buy” rating on shares of Texas Instruments in a research note on Thursday, January 15th. DZ Bank upgraded Texas Instruments to a “strong sell” rating in a research report on Monday, February 9th. Robert W. Baird set a $225.00 price objective on shares of Texas Instruments in a research note on Wednesday, January 28th. Finally, Truist Financial set a $250.00 target price on shares of Texas Instruments in a research note on Monday, February 23rd. 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 assigned a Sell rating to the stock. According to MarketBeat, Texas Instruments has a consensus rating of “Hold” and an average price target of $214.77.
View Our Latest Stock Analysis on Texas Instruments
Insider Buying and Selling at Texas Instruments
In other Texas Instruments news, VP Ahmad Bahai sold 6,500 shares of Texas Instruments stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $230.79, for a total transaction of $1,500,135.00. Following the completion of the sale, the vice president owned 42,488 shares of the company’s stock, valued at $9,805,805.52. The trade was a 13.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Hagop H. Kozanian sold 6,843 shares of the 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 transaction, the vice president owned 75,425 shares in the company, valued at $17,042,278.75. This trade represents a 8.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 114,284 shares of company stock valued at $25,531,935. 0.60% of the stock is currently owned by company insiders.
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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