Varma Mutual Pension Insurance Co boosted its position in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 41.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 143,941 shares of the semiconductor company’s stock after purchasing an additional 42,200 shares during the period. Varma Mutual Pension Insurance Co’s holdings in Texas Instruments were worth $24,972,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Bogart Wealth LLC lifted its position in Texas Instruments by 7.8% in the fourth quarter. Bogart Wealth LLC now owns 647 shares of the semiconductor company’s stock valued at $112,000 after purchasing an additional 47 shares during the period. Emerald Advisors LLC lifted its position in Texas Instruments by 0.8% in the fourth quarter. Emerald Advisors LLC now owns 6,886 shares of the semiconductor company’s stock valued at $1,195,000 after purchasing an additional 52 shares during the period. Wagner Wealth Management LLC lifted its position in Texas Instruments by 3.4% in the fourth quarter. Wagner Wealth Management LLC now owns 1,563 shares of the semiconductor company’s stock valued at $271,000 after purchasing an additional 52 shares during the period. BOS Asset Management LLC lifted its position in Texas Instruments by 4.4% in the fourth quarter. BOS Asset Management LLC now owns 1,324 shares of the semiconductor company’s stock valued at $230,000 after purchasing an additional 56 shares during the period. Finally, JNBA Financial Advisors lifted its position in Texas Instruments by 5.8% in the fourth quarter. JNBA Financial Advisors now owns 1,026 shares of the semiconductor company’s stock valued at $178,000 after purchasing an additional 56 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.
Texas Instruments Trading Down 0.1%
Shares of TXN opened at $280.70 on Monday. The company has a debt-to-equity ratio of 0.77, a current ratio of 4.46 and a quick ratio of 2.94. The firm has a 50 day simple moving average of $212.93 and a 200-day simple moving average of $193.93. Texas Instruments Incorporated has a 1-year low of $152.73 and a 1-year high of $287.83. The stock has a market cap of $255.46 billion, a price-to-earnings ratio of 48.06, a price-to-earnings-growth ratio of 1.42 and a beta of 1.31.
Texas Instruments Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 19th. Stockholders of record on Tuesday, May 5th will be paid a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Tuesday, May 5th. Texas Instruments’s dividend payout ratio (DPR) is 97.26%.
Analyst Ratings Changes
A number of equities research analysts recently commented on TXN shares. TD Cowen raised their price objective on shares of Texas Instruments from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Mizuho set a $215.00 target price on shares of Texas Instruments and gave the stock a “neutral” rating in a research report on Thursday, April 16th. Rosenblatt Securities increased their target price on shares of Texas Instruments from $240.00 to $330.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Benchmark boosted their price target on Texas Instruments from $250.00 to $315.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Finally, JPMorgan Chase & Co. upped their price target on Texas Instruments from $227.00 to $280.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $257.68.
Get Our Latest Stock Analysis on TXN
Insiders Place Their Bets
In related news, VP Mohammad Yunus sold 51,098 shares of the company’s stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $270.44, for a total transaction of $13,818,943.12. Following the transaction, the vice president owned 52,856 shares of the company’s stock, valued at approximately $14,294,376.64. This represents a 49.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Mark T. Roberts sold 28,080 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $280.34, for a total transaction of $7,871,947.20. Following the transaction, the vice president directly owned 53,809 shares in the company, valued at $15,084,815.06. The trade was a 34.29% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 321,268 shares of company stock valued at $82,391,712. 0.60% 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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