Union Bancaire Privee UBP SA grew its position in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 10.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,496 shares of the semiconductor company’s stock after acquiring an additional 3,172 shares during the period. Union Bancaire Privee UBP SA’s holdings in Texas Instruments were worth $6,697,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of TXN. High Point Wealth Management LLC bought a new position in Texas Instruments during the fourth quarter worth $25,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of Texas Instruments in the second quarter valued at approximately $25,000. Advocate Investing Services LLC bought a new stake in shares of Texas Instruments during the 4th quarter valued at $25,000. Ares Financial Consulting LLC bought a new stake in Texas Instruments during the fourth quarter worth about $26,000. Finally, Cornerstone Financial Management LLC acquired a new stake in shares of Texas Instruments during the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 84.99% of the company’s stock.
Texas Instruments Stock Performance
Shares of Texas Instruments stock opened at $285.42 on Friday. The business’s fifty day simple moving average is $292.12 and its 200 day simple moving average is $230.92. The company has a current ratio of 4.46, a quick ratio of 2.94 and a debt-to-equity ratio of 0.77. Texas Instruments Incorporated has a 12 month low of $152.73 and a 12 month high of $334.03. The firm has a market capitalization of $259.76 billion, a P/E ratio of 48.87, a price-to-earnings-growth ratio of 1.56 and a beta of 1.32.
Texas Instruments Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, May 19th. Stockholders of record on Tuesday, May 5th were given 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 was Tuesday, May 5th. Texas Instruments’s dividend payout ratio is currently 97.26%.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on TXN. Weiss Ratings raised shares of Texas Instruments from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Susquehanna restated a “positive” rating and set a $300.00 price objective on shares of Texas Instruments in a research report on Thursday, April 23rd. Stifel Nicolaus upped their price target on shares of Texas Instruments from $340.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday. Sanford C. Bernstein initiated coverage on shares of Texas Instruments in a research report on Friday, May 22nd. They set a “market perform” rating for the company. Finally, Truist Financial increased their price target on Texas Instruments from $225.00 to $278.00 and gave the stock a “hold” rating in a report on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $273.04.
Read Our Latest Stock Analysis on Texas Instruments
Insider Buying and Selling
In related news, VP Amichai Ron sold 18,365 shares of the stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $272.43, for a total transaction of $5,003,176.95. Following the sale, the vice president owned 81,085 shares of the company’s stock, valued at approximately $22,089,986.55. This represents a 18.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Haviv Ilan sold 20,000 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $280.32, for a total transaction of $5,606,400.00. Following the completion of the transaction, the chief executive officer directly owned 204,339 shares of the company’s stock, valued at approximately $57,280,308.48. The trade was a 8.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 303,475 shares of company stock worth $85,666,638 in the last 90 days. 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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