Danica Pension Livsforsikringsaktieselskab Makes New Investment in Texas Instruments Incorporated $TXN

Danica Pension Livsforsikringsaktieselskab acquired a new stake in Texas Instruments Incorporated (NASDAQ:TXNFree Report) in the 1st quarter, Holdings Channel.com reports. The firm acquired 71,668 shares of the semiconductor company’s stock, valued at approximately $13,914,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TXN. ABN Amro Investment Solutions increased its holdings in Texas Instruments by 10.3% in the first quarter. ABN Amro Investment Solutions now owns 47,988 shares of the semiconductor company’s stock valued at $9,316,000 after buying an additional 4,463 shares in the last quarter. Oslo Pensjonsforsikring AS acquired a new stake in shares of Texas Instruments during the 1st quarter valued at approximately $757,000. Summit Asset Management LLC boosted its stake in shares of Texas Instruments by 22.6% during the 1st quarter. Summit Asset Management LLC now owns 1,751 shares of the semiconductor company’s stock worth $340,000 after acquiring an additional 323 shares in the last quarter. Johnson Financial Group Inc. grew its holdings in shares of Texas Instruments by 8.8% in the 1st quarter. Johnson Financial Group Inc. now owns 13,344 shares of the semiconductor company’s stock worth $2,591,000 after acquiring an additional 1,075 shares during the period. Finally, Meeder Asset Management Inc. grew its holdings in shares of Texas Instruments by 4.2% in the 1st quarter. Meeder Asset Management Inc. now owns 78,455 shares of the semiconductor company’s stock worth $15,231,000 after acquiring an additional 3,163 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Texas Instruments

In related news, VP Mark T. Roberts sold 28,080 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $280.34, for a total value of $7,871,947.20. Following the completion of the transaction, the vice president directly owned 53,809 shares in the company, valued at approximately $15,084,815.06. This represents a 34.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Mohammad Yunus sold 51,098 shares of the stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $270.44, for a total value of $13,818,943.12. Following the transaction, the vice president owned 52,856 shares in the company, valued at $14,294,376.64. This trade represents a 49.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 303,475 shares of company stock worth $85,666,638. Company insiders own 0.60% of the company’s stock.

More Texas Instruments News

Here are the key news stories impacting Texas Instruments this week:

Texas Instruments Trading Up 2.5%

Shares of TXN stock opened at $291.30 on Wednesday. The firm has a 50-day moving average price of $302.23 and a 200 day moving average price of $245.54. The company has a current ratio of 4.46, a quick ratio of 2.94 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $265.11 billion, a price-to-earnings ratio of 49.88, a PEG ratio of 1.42 and a beta of 1.32. Texas Instruments Incorporated has a twelve month low of $152.73 and a twelve month high of $334.03.

Texas Instruments (NASDAQ:TXNGet Free Report) last announced its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.31. The firm had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.85 billion. Texas Instruments had a net margin of 29.11% and a return on equity of 32.49%. Texas Instruments’s revenue was up 18.6% compared to the same quarter last year. During the same quarter last year, the business earned $1.23 earnings per share. Research analysts forecast that Texas Instruments Incorporated will post 7.68 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Friday, July 31st 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 1.9%. The ex-dividend date of this dividend is Friday, July 31st. Texas Instruments’s dividend payout ratio is currently 97.26%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on TXN shares. Stifel Nicolaus lifted their price objective on Texas Instruments from $340.00 to $360.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Sanford C. Bernstein started coverage on Texas Instruments in a report on Friday, May 22nd. They issued a “market perform” rating on the stock. Bank of America raised their price target on Texas Instruments from $320.00 to $370.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Wall Street Zen raised Texas Instruments from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Truist Financial boosted their price objective on shares of Texas Instruments from $225.00 to $278.00 and gave the stock a “hold” rating in a research report on Thursday, April 23rd. Thirteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $285.44.

Get Our Latest Stock Report on Texas Instruments

Texas Instruments Profile

(Free Report)

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.

Featured Stories

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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