Vanguard Personalized Indexing Management LLC Reduces Stock Position in Texas Instruments Incorporated $TXN

Vanguard Personalized Indexing Management LLC lessened its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 10.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 109,469 shares of the semiconductor company’s stock after selling 13,088 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Texas Instruments were worth $20,115,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its position in Texas Instruments by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 95,447,320 shares of the semiconductor company’s stock valued at $19,816,773,000 after acquiring an additional 1,426,360 shares during the period. State Street Corp grew its holdings in shares of Texas Instruments by 2.6% during the second quarter. State Street Corp now owns 43,325,014 shares of the semiconductor company’s stock valued at $8,995,139,000 after buying an additional 1,084,364 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Texas Instruments by 1.3% during the second quarter. Geode Capital Management LLC now owns 22,224,770 shares of the semiconductor company’s stock valued at $4,595,478,000 after acquiring an additional 279,755 shares in the last quarter. Invesco Ltd. raised its holdings in Texas Instruments by 3.3% in the 2nd quarter. Invesco Ltd. now owns 14,068,306 shares of the semiconductor company’s stock worth $2,920,862,000 after acquiring an additional 443,738 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Texas Instruments in the second quarter worth $2,836,310,000. 84.99% of the stock is owned by institutional investors.

Insider Activity

In other 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 transaction of $1,621,676.70. Following the completion of the sale, the director directly owned 14,937 shares in the company, valued at approximately $2,424,723.21. This trade represents a 40.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Christine Witzsche sold 1,000 shares of the company’s stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $164.31, for a total value of $164,310.00. Following the completion of the sale, the vice president owned 20,821 shares of the company’s stock, valued at $3,421,098.51. This represents a 4.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.57% of the stock is currently owned by corporate insiders.

Texas Instruments Stock Performance

TXN opened at $193.31 on Monday. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.45 and a quick ratio of 2.90. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $221.69. The company has a 50 day simple moving average of $177.82 and a two-hundred day simple moving average of $182.61. The firm has a market cap of $175.65 billion, a P/E ratio of 35.34, a PEG ratio of 3.04 and a beta of 1.00.

Texas Instruments Announces Dividend

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

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on TXN shares. Stifel Nicolaus boosted their price objective on shares of Texas Instruments from $170.00 to $200.00 and gave the company a “hold” rating in a report on Friday, January 16th. Truist Financial lifted their target price on shares of Texas Instruments from $175.00 to $195.00 and gave the stock a “hold” rating in a research report on Friday, December 19th. JPMorgan Chase & Co. lowered their price target on Texas Instruments from $225.00 to $210.00 and set an “overweight” rating on the stock in a report on Wednesday, October 22nd. Citigroup restated a “buy” rating on shares of Texas Instruments in a research note on Thursday, January 15th. Finally, Benchmark reiterated a “buy” rating on shares of Texas Instruments in a research report on Wednesday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and six have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $195.12.

Texas Instruments Company 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.