University of Texas Texas AM Investment Management Co. lowered its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 8.8% during the fourth quarter, Holdings Channel reports. The fund owned 32,000 shares of the semiconductor company’s stock after selling 3,101 shares during the period. Texas Instruments makes up approximately 0.8% of University of Texas Texas AM Investment Management Co.’s holdings, making the stock its 17th biggest holding. University of Texas Texas AM Investment Management Co.’s holdings in Texas Instruments were worth $5,552,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TXN. Strategic Wealth Investment Group LLC bought a new stake in shares of Texas Instruments during the second quarter valued at approximately $25,000. High Point Wealth Management LLC bought a new position in Texas Instruments in the 4th quarter worth approximately $25,000. Advocate Investing Services LLC bought a new position in Texas Instruments in the 4th quarter worth approximately $25,000. Ares Financial Consulting LLC acquired a new position in Texas Instruments during the 4th quarter worth $26,000. Finally, Cornerstone Financial Management LLC acquired a new position in Texas Instruments during the 4th quarter worth $27,000. Institutional investors and hedge funds own 84.99% of the company’s stock.
Texas Instruments Price Performance
Shares of TXN stock opened at $313.34 on Tuesday. The firm’s 50 day moving average price is $274.01 and its two-hundred day moving average price is $222.67. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.94 and a current ratio of 4.46. Texas Instruments Incorporated has a 52-week low of $152.73 and a 52-week high of $331.51. The stock has a market cap of $285.17 billion, a PE ratio of 53.65, a PEG ratio of 1.51 and a beta of 1.32.
Texas Instruments Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 19th. Investors of record on Tuesday, May 5th were issued a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Tuesday, May 5th. Texas Instruments’s dividend payout ratio is currently 97.26%.
Analyst Upgrades and Downgrades
Several research firms have recently commented on TXN. KeyCorp raised Texas Instruments from an “overweight” rating to a “sector weight” rating in a research note on Friday, May 22nd. Wells Fargo & Company boosted their target price on Texas Instruments from $260.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Tuesday, June 9th. UBS Group upped their price target on Texas Instruments from $260.00 to $295.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Sanford C. Bernstein began coverage on Texas Instruments in a report on Friday, May 22nd. They issued a “market perform” rating on the stock. Finally, The Goldman Sachs Group lifted their price objective on Texas Instruments from $175.00 to $200.00 and gave the stock a “sell” rating in a research report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, Texas Instruments presently has an average rating of “Hold” and an average target price of $269.61.
Check Out Our Latest Research Report on Texas Instruments
Insider Transactions at Texas Instruments
In other news, CEO Haviv Ilan sold 20,000 shares of the company’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $280.32, for a total value of $5,606,400.00. Following the completion of the sale, the chief executive officer directly owned 204,339 shares of the company’s stock, valued at $57,280,308.48. This represents a 8.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Mohammad Yunus sold 51,098 shares of the 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 completion of the sale, the vice president owned 52,856 shares in the company, valued at $14,294,376.64. This represents a 49.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 303,475 shares of company stock valued at $85,666,638. Corporate insiders own 0.60% of the company’s stock.
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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