Robeco Schweiz AG Increases Position in Texas Instruments Incorporated (NASDAQ:TXN)

Robeco Schweiz AG lifted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 0.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 169,504 shares of the semiconductor company’s stock after acquiring an additional 1,030 shares during the quarter. Robeco Schweiz AG’s holdings in Texas Instruments were worth $31,784,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Convergence Financial LLC boosted its stake in Texas Instruments by 2.7% in the fourth quarter. Convergence Financial LLC now owns 2,936 shares of the semiconductor company’s stock valued at $550,000 after acquiring an additional 76 shares during the last quarter. SRN Advisors LLC increased its stake in shares of Texas Instruments by 110.6% during the 4th quarter. SRN Advisors LLC now owns 6,475 shares of the semiconductor company’s stock worth $1,214,000 after purchasing an additional 3,400 shares during the last quarter. Checchi Capital Advisers LLC lifted its stake in Texas Instruments by 3.1% in the fourth quarter. Checchi Capital Advisers LLC now owns 11,014 shares of the semiconductor company’s stock valued at $2,065,000 after purchasing an additional 332 shares during the last quarter. Bryn Mawr Capital Management LLC grew its holdings in Texas Instruments by 1.3% during the fourth quarter. Bryn Mawr Capital Management LLC now owns 9,831 shares of the semiconductor company’s stock valued at $1,843,000 after purchasing an additional 127 shares during the period. Finally, National Pension Service increased its position in Texas Instruments by 6.5% in the fourth quarter. National Pension Service now owns 1,913,902 shares of the semiconductor company’s stock worth $358,876,000 after buying an additional 117,542 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Stock Down 0.9 %

TXN opened at $198.24 on Thursday. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The business’s fifty day simple moving average is $189.17 and its 200 day simple moving average is $197.70. Texas Instruments Incorporated has a 52 week low of $159.11 and a 52 week high of $220.38. The stock has a market cap of $180.46 billion, a PE ratio of 38.20, a P/E/G ratio of 3.30 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same quarter in the previous year, the business posted $1.49 EPS. As a group, research analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were given a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 2.74%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s payout ratio is presently 104.82%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on TXN. Mizuho dropped their price target on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research report on Friday, January 24th. Barclays cut their target price on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research report on Friday, January 24th. Benchmark reiterated a “buy” rating and issued a $230.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Truist Financial cut their price objective on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a report on Friday, January 24th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $209.20.

Insiders Place Their Bets

In other Texas Instruments news, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $202.72, for a total value of $19,663,840.00. Following the transaction, the chairman now directly owns 409,089 shares of the company’s stock, valued at $82,930,522.08. The trade was a 19.17 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Janet F. Clark sold 6,065 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $203.62, for a total value of $1,234,955.30. Following the sale, the director now directly owns 10,816 shares of the company’s stock, valued at approximately $2,202,353.92. This trade represents a 35.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 200,655 shares of company stock valued at $40,665,374 over the last three months. Insiders own 0.68% of the company’s stock.

About Texas Instruments

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.