Union Bancaire Privee UBP SA grew its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 10.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 34,496 shares of the semiconductor company’s stock after buying an additional 3,172 shares during the period. Union Bancaire Privee UBP SA’s holdings in Texas Instruments were worth $6,697,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Corundum Group Inc. boosted its position in Texas Instruments by 2.2% during the 1st quarter. Corundum Group Inc. now owns 2,178 shares of the semiconductor company’s stock worth $423,000 after purchasing an additional 46 shares during the period. Bogart Wealth LLC increased its stake in shares of Texas Instruments by 7.8% in the fourth quarter. Bogart Wealth LLC now owns 647 shares of the semiconductor company’s stock worth $112,000 after buying an additional 47 shares during the last quarter. Larson Financial Group LLC increased its position in shares of Texas Instruments by 0.5% in the 4th quarter. Larson Financial Group LLC now owns 10,228 shares of the semiconductor company’s stock worth $1,775,000 after purchasing an additional 47 shares during the last quarter. Sumitomo Life Insurance Co. raised its stake in Texas Instruments by 0.6% during the fourth quarter. Sumitomo Life Insurance Co. now owns 7,356 shares of the semiconductor company’s stock valued at $1,276,000 after buying an additional 47 shares in the last quarter. Finally, HHM Wealth Advisors LLC raised its position in shares of Texas Instruments by 3.0% during the 1st quarter. HHM Wealth Advisors LLC now owns 1,705 shares of the semiconductor company’s stock valued at $331,000 after acquiring an additional 49 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.
Texas Instruments Stock Down 8.5%
TXN opened at $285.42 on Friday. The business has a 50-day moving average of $292.12 and a 200-day moving average of $230.92. Texas Instruments Incorporated has a fifty-two week low of $152.73 and a fifty-two week high of $334.03. The company has a market capitalization of $259.76 billion, a PE ratio of 48.87, a price-to-earnings-growth ratio of 1.56 and a beta of 1.32. The company has a debt-to-equity ratio of 0.77, a current ratio of 4.46 and a quick ratio of 2.94.
Texas Instruments Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, May 19th. Investors of record on Tuesday, May 5th were issued a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Tuesday, May 5th. Texas Instruments’s dividend payout ratio (DPR) is currently 97.26%.
Insider Buying and Selling
In other news, VP Amichai Ron sold 18,365 shares of the stock in a transaction on Friday, April 24th. The stock was sold at an average price of $272.43, for a total value of $5,003,176.95. Following the transaction, the vice president owned 81,085 shares of the company’s stock, valued at $22,089,986.55. This represents a 18.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Rafael R. Lizardi sold 47,734 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $308.10, for a total transaction of $14,706,845.40. Following the completion of the sale, the chief financial officer owned 85,485 shares in the company, valued at approximately $26,337,928.50. This trade represents a 35.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 303,475 shares of company stock valued at $85,666,638. Insiders own 0.60% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts recently weighed in on the stock. Rosenblatt Securities increased their price objective on shares of Texas Instruments from $240.00 to $330.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Truist Financial upped their price objective on shares of Texas Instruments from $225.00 to $278.00 and gave the stock a “hold” rating in a report on Thursday, April 23rd. Cantor Fitzgerald reiterated a “neutral” rating on shares of Texas Instruments in a research report on Friday, May 29th. Weiss Ratings upgraded shares of Texas Instruments from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. lifted their price target on Texas Instruments from $227.00 to $280.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $273.04.
View Our Latest Research Report on TXN
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.
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