Asset Management One Co. Ltd. Raises Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Asset Management One Co. Ltd. boosted its position in Texas Instruments Incorporated (NASDAQ:TXN) by 6.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 376,138 shares of the semiconductor company’s stock after purchasing an additional 21,261 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Texas Instruments were worth $71,910,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Cahill Financial Advisors Inc. boosted its holdings in shares of Texas Instruments by 3.5% in the 3rd quarter. Cahill Financial Advisors Inc. now owns 1,443 shares of the semiconductor company’s stock worth $298,000 after purchasing an additional 49 shares in the last quarter. KCM Investment Advisors LLC boosted its stake in shares of Texas Instruments by 1.4% in the 3rd quarter. KCM Investment Advisors LLC now owns 3,574 shares of the semiconductor company’s stock valued at $738,000 after purchasing an additional 50 shares in the last quarter. Lansing Street Advisors grew its holdings in shares of Texas Instruments by 4.7% during the 3rd quarter. Lansing Street Advisors now owns 1,127 shares of the semiconductor company’s stock valued at $233,000 after purchasing an additional 51 shares during the last quarter. NorthCrest Asset Manangement LLC raised its position in Texas Instruments by 1.1% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 4,985 shares of the semiconductor company’s stock worth $1,030,000 after purchasing an additional 52 shares during the period. Finally, ABLE Financial Group LLC lifted its stake in Texas Instruments by 2.9% in the third quarter. ABLE Financial Group LLC now owns 1,818 shares of the semiconductor company’s stock worth $376,000 after purchasing an additional 52 shares during the last quarter. 84.99% of the stock is owned by institutional investors.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the sale, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the firm’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the transaction, the director now owns 11,717 shares in the company, valued at approximately $2,117,379.07. This trade represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.68% of the company’s stock.

Texas Instruments Price Performance

TXN opened at $180.80 on Friday. The firm has a market cap of $164.93 billion, a PE ratio of 34.84, a P/E/G ratio of 2.95 and a beta of 0.97. The stock has a 50-day moving average price of $188.63 and a 200-day moving average price of $197.63. Texas Instruments Incorporated has a 1 year low of $156.57 and a 1 year high of $220.38. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN) last issued its 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 30.68% and a return on equity of 28.08%. During the same period in the previous year, the firm earned $1.49 earnings per share. Sell-side analysts predict that Texas Instruments Incorporated will post 5.38 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.01%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s payout ratio is 104.82%.

Wall Street Analysts Forecast Growth

TXN has been the topic of a number of recent research reports. Truist Financial reduced their price objective on Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research note on Friday, January 24th. Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Robert W. Baird decreased their price objective on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Benchmark reiterated a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Finally, Bank of America reduced their price target on Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. 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. According to MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and an average target price of $209.20.

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.