Mn Services Vermogensbeheer B.V. Grows Holdings in Texas Instruments Incorporated $TXN

Mn Services Vermogensbeheer B.V. boosted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 345,484 shares of the semiconductor company’s stock after acquiring an additional 5,300 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Texas Instruments were worth $63,476,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Deseret Mutual Benefit Administrators increased its stake in shares of Texas Instruments by 2.8% during the third quarter. Deseret Mutual Benefit Administrators now owns 5,222 shares of the semiconductor company’s stock valued at $959,000 after purchasing an additional 144 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of Texas Instruments by 3.6% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 713,692 shares of the semiconductor company’s stock worth $131,127,000 after buying an additional 25,080 shares during the last quarter. UniSuper Management Pty Ltd increased its position in Texas Instruments by 0.3% during the 3rd quarter. UniSuper Management Pty Ltd now owns 341,403 shares of the semiconductor company’s stock valued at $62,726,000 after buying an additional 897 shares in the last quarter. Hunter Associates Investment Management LLC raised its stake in Texas Instruments by 8.7% during the third quarter. Hunter Associates Investment Management LLC now owns 9,882 shares of the semiconductor company’s stock valued at $1,807,000 after buying an additional 789 shares during the last quarter. Finally, Westfuller Advisors LLC purchased a new position in Texas Instruments during the third quarter valued at $67,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Insiders Place Their Bets

In related news, Director Ronald Kirk sold 9,990 shares of Texas Instruments stock in a transaction on Monday, November 24th. The stock was sold at an average price of $162.33, for a total value of $1,621,676.70. Following the completion of the sale, the director owned 14,937 shares of the company’s stock, valued at $2,424,723.21. The trade was a 40.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Christine Witzsche sold 1,000 shares of the company’s stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $164.31, for a total value of $164,310.00. Following the sale, the vice president owned 20,821 shares of the company’s stock, valued at approximately $3,421,098.51. This trade represents a 4.58% decrease in their position. The SEC filing for this sale provides additional information. 0.57% of the stock is currently owned by insiders.

Texas Instruments Price Performance

TXN opened at $193.31 on Friday. The company’s 50-day simple moving average is $177.82 and its two-hundred day simple moving average is $183.08. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.90 and a current ratio of 4.45. The stock has a market capitalization of $175.65 billion, a P/E ratio of 35.34, a P/E/G ratio of 3.10 and a beta of 1.00. Texas Instruments Incorporated has a 52-week low of $139.95 and a 52-week high of $221.69.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 EPS for the quarter, hitting analysts’ consensus estimates of $1.48. The firm had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.65 billion. Texas Instruments had a net margin of 29.21% and a return on equity of 30.41%. The business’s revenue for the quarter was up 14.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.44 earnings per share. As a group, analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 10th. Shareholders of record on Friday, January 30th will be given a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, January 30th. Texas Instruments’s payout ratio is 103.84%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Cantor Fitzgerald reissued a “neutral” rating and issued a $190.00 target price on shares of Texas Instruments in a research note on Tuesday, December 16th. BNP Paribas Exane set a $190.00 price objective on shares of Texas Instruments and gave the company a “neutral” rating in a research report on Thursday. Mizuho set a $145.00 price objective on shares of Texas Instruments in a research note on Wednesday, October 22nd. Truist Financial upped their target price on shares of Texas Instruments from $175.00 to $195.00 and gave the stock a “hold” rating in a research note on Friday, December 19th. Finally, Morgan Stanley set a $175.00 price target on shares of Texas Instruments in a research report on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $195.12.

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.