Danica Pension Livsforsikringsaktieselskab Invests $13.91 Million in Texas Instruments Incorporated $TXN

Danica Pension Livsforsikringsaktieselskab bought a new stake in Texas Instruments Incorporated (NASDAQ:TXNFree Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 71,668 shares of the semiconductor company’s stock, valued at approximately $13,914,000.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its position in Texas Instruments by 33.4% during the fourth quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company’s stock valued at $3,158,000 after acquiring an additional 4,218 shares during the last quarter. Intech Investment Management LLC grew its holdings in Texas Instruments by 12.8% in the first quarter. Intech Investment Management LLC now owns 9,084 shares of the semiconductor company’s stock worth $1,632,000 after purchasing an additional 1,031 shares during the last quarter. Osterweis Capital Management Inc. grew its holdings in Texas Instruments by 1,810.0% in the second quarter. Osterweis Capital Management Inc. now owns 191 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 181 shares during the last quarter. Main Street Financial Solutions LLC increased its position in shares of Texas Instruments by 1.7% during the second quarter. Main Street Financial Solutions LLC now owns 7,417 shares of the semiconductor company’s stock worth $1,540,000 after purchasing an additional 126 shares in the last quarter. Finally, HUB Investment Partners LLC increased its position in shares of Texas Instruments by 3.5% during the second quarter. HUB Investment Partners LLC now owns 14,673 shares of the semiconductor company’s stock worth $3,046,000 after purchasing an additional 496 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Stock Performance

NASDAQ TXN opened at $291.30 on Wednesday. Texas Instruments Incorporated has a fifty-two week low of $152.73 and a fifty-two week high of $334.03. The firm has a market capitalization of $265.11 billion, a P/E ratio of 49.88, a price-to-earnings-growth ratio of 1.42 and a beta of 1.32. The stock’s fifty day moving average is $302.23 and its two-hundred day moving average is $245.54. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.94 and a current ratio of 4.46.

Texas Instruments (NASDAQ:TXNGet Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.31. The business had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.85 billion. Texas Instruments had a net margin of 29.11% and a return on equity of 32.49%. The business’s revenue for the quarter was up 18.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.23 EPS. On average, research analysts anticipate that Texas Instruments Incorporated will post 7.68 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, August 11th. Stockholders of record on Friday, July 31st will be given a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, July 31st. Texas Instruments’s dividend payout ratio is currently 97.26%.

Texas Instruments News Roundup

Here are the key news stories impacting Texas Instruments this week:

Insider Activity at Texas Instruments

In other Texas Instruments news, VP Ahmad Bahai sold 5,000 shares of Texas Instruments stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $309.13, for a total transaction of $1,545,650.00. Following the completion of the sale, the vice president directly owned 42,519 shares of the company’s stock, valued at $13,143,898.47. The trade was a 10.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Shanon J. Leonard sold 4,963 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $295.22, for a total transaction of $1,465,176.86. Following the sale, the vice president directly owned 24,867 shares in the company, valued at approximately $7,341,235.74. The trade was a 16.64% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 303,475 shares of company stock worth $85,666,638 over the last 90 days. 0.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Citigroup reissued a “buy” rating on shares of Texas Instruments in a report on Tuesday, July 14th. TD Cowen lifted their price objective on Texas Instruments from $300.00 to $360.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Benchmark boosted their target price on shares of Texas Instruments from $250.00 to $315.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. The Goldman Sachs Group upped their price target on Texas Instruments from $175.00 to $200.00 and gave the stock a “sell” rating in a report on Thursday, April 23rd. Finally, HC Wainwright downgraded shares of Texas Instruments to a “neutral” rating in a report on Friday, May 22nd. Thirteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $285.44.

Check Out Our Latest Report on Texas Instruments

About Texas Instruments

(Free Report)

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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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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