Swedbank AB Has $61.54 Million Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Swedbank AB boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 0.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 328,186 shares of the semiconductor company’s stock after purchasing an additional 1,062 shares during the period. Swedbank AB’s holdings in Texas Instruments were worth $61,538,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Assenagon Asset Management S.A. boosted its position in Texas Instruments by 948.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 4,794,646 shares of the semiconductor company’s stock valued at $899,044,000 after acquiring an additional 4,337,295 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its position in Texas Instruments by 454.5% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,256,289 shares of the semiconductor company’s stock valued at $244,386,000 after acquiring an additional 1,029,741 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Texas Instruments by 4.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 19,250,433 shares of the semiconductor company’s stock valued at $3,976,562,000 after acquiring an additional 782,053 shares during the last quarter. International Assets Investment Management LLC boosted its position in Texas Instruments by 17,253.3% during the third quarter. International Assets Investment Management LLC now owns 613,440 shares of the semiconductor company’s stock valued at $126,718,000 after acquiring an additional 609,905 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Texas Instruments by 2.3% during the third quarter. Geode Capital Management LLC now owns 21,286,790 shares of the semiconductor company’s stock valued at $4,382,936,000 after acquiring an additional 487,892 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have commented on TXN. Wells Fargo & Company cut their price target on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. Bank of America cut their price target on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Susquehanna cut their price objective on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research report on Monday, October 21st. Finally, Mizuho cut their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $209.20.

Insider Buying and Selling

In related news, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following the completion of the transaction, the director now directly owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.68% of the stock is owned by insiders.

Texas Instruments Trading Down 0.2 %

NASDAQ:TXN opened at $180.27 on Thursday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. The firm has a market cap of $164.45 billion, a price-to-earnings ratio of 33.51, a price-to-earnings-growth ratio of 3.84 and a beta of 0.98. Texas Instruments Incorporated has a 52 week low of $155.46 and a 52 week high of $220.38. The firm has a 50-day moving average price of $192.56 and a two-hundred day moving average price of $199.19.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. During the same quarter last year, the company posted $1.49 earnings per share. On average, equities analysts expect that Texas Instruments Incorporated will post 5.08 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be paid a dividend of $1.36 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 3.02%. Texas Instruments’s payout ratio is currently 101.12%.

Texas Instruments Company Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.