National Pension Service Has $358.88 Million Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

National Pension Service boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 6.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,913,902 shares of the semiconductor company’s stock after buying an additional 117,542 shares during the period. National Pension Service’s holdings in Texas Instruments were worth $358,876,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Financial Life Planners acquired a new stake in shares of Texas Instruments in the fourth quarter valued at about $26,000. Retirement Wealth Solutions LLC bought a new stake in Texas Instruments in the fourth quarter valued at approximately $27,000. MidAtlantic Capital Management Inc. acquired a new stake in Texas Instruments during the 3rd quarter valued at approximately $28,000. Capital Performance Advisors LLP bought a new position in Texas Instruments during the 3rd quarter worth approximately $39,000. Finally, FSA Wealth Management LLC acquired a new position in shares of Texas Instruments in the 3rd quarter worth approximately $41,000. 84.99% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Janet F. Clark sold 6,065 shares of the business’s stock in a transaction dated 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 transaction, the director now directly owns 10,816 shares of the company’s stock, valued at approximately $2,202,353.92. The trade was a 35.93 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the sale, the director now owns 11,717 shares of the company’s stock, valued at $2,117,379.07. This trade represents a 4.79 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 200,655 shares of company stock valued at $40,665,374 over the last three months. Corporate insiders own 0.68% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on TXN shares. Truist Financial decreased their price objective on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research report on Friday, January 24th. Cantor Fitzgerald reissued a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Benchmark restated a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Rosenblatt Securities reiterated a “buy” rating and issued a $250.00 target price on shares of Texas Instruments in a report on Tuesday, January 21st. Finally, Mizuho cut their price target on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a report on Friday, January 24th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $209.20.

Texas Instruments Stock Down 0.4 %

TXN stock opened at $199.98 on Wednesday. The firm has a market capitalization of $182.05 billion, a PE ratio of 38.53, a P/E/G ratio of 3.30 and a beta of 0.97. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a twelve month low of $159.11 and a twelve month high of $220.38. The stock’s 50 day moving average is $188.91 and its 200-day moving average is $197.69.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarter in the prior year, the business posted $1.49 EPS. Sell-side analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were given a dividend of $1.36 per share. The ex-dividend date was Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.72%. Texas Instruments’s dividend payout ratio is currently 104.82%.

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.