SBI Securities Co. Ltd. Acquires Shares of 13,835 Texas Instruments Incorporated (NASDAQ:TXN)

SBI Securities Co. Ltd. bought a new position in Texas Instruments Incorporated (NASDAQ:TXN) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 13,835 shares of the semiconductor company’s stock, valued at approximately $2,594,000.

A number of other institutional investors have also recently modified their holdings of TXN. Jones Financial Companies Lllp grew its holdings in shares of Texas Instruments by 39.4% during the fourth quarter. Jones Financial Companies Lllp now owns 60,611 shares of the semiconductor company’s stock valued at $11,365,000 after buying an additional 17,141 shares during the last quarter. Modera Wealth Management LLC boosted its stake in Texas Instruments by 3.6% during the 4th quarter. Modera Wealth Management LLC now owns 9,188 shares of the semiconductor company’s stock valued at $1,723,000 after purchasing an additional 320 shares during the last quarter. Bailard Inc. increased its holdings in shares of Texas Instruments by 0.6% in the 4th quarter. Bailard Inc. now owns 68,284 shares of the semiconductor company’s stock worth $12,804,000 after purchasing an additional 425 shares in the last quarter. Norden Group LLC raised its stake in shares of Texas Instruments by 5.5% in the fourth quarter. Norden Group LLC now owns 30,088 shares of the semiconductor company’s stock worth $5,642,000 after purchasing an additional 1,560 shares during the last quarter. Finally, Kinsale Capital Group Inc. lifted its holdings in shares of Texas Instruments by 12.2% during the fourth quarter. Kinsale Capital Group Inc. now owns 39,819 shares of the semiconductor company’s stock valued at $7,466,000 after purchasing an additional 4,342 shares in the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Janet F. Clark sold 6,065 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the completion of the transaction, the director now directly owns 10,816 shares of the company’s stock, valued at approximately $2,202,353.92. This represents a 35.93 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $197.69, for a total value of $19,175,930.00. Following the completion of the sale, the chairman now directly owns 409,089 shares in the company, valued at approximately $80,872,804.41. The trade was a 19.17 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 297,655 shares of company stock worth $59,841,304. 0.68% of the stock is owned by corporate insiders.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $196.02 on Monday. The company has a market capitalization of $178.44 billion, a P/E ratio of 37.77, a P/E/G ratio of 3.30 and a beta of 0.97. Texas Instruments Incorporated has a 1-year low of $159.11 and a 1-year high of $220.38. The firm’s 50 day simple moving average is $189.49 and its two-hundred day simple moving average is $197.70. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating the consensus estimate 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. Research analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is 104.82%.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a report on Friday, January 24th. Wells Fargo & Company decreased their price objective on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. Truist Financial lowered their price objective on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research report on Friday, January 24th. Benchmark reaffirmed a “buy” rating and issued a $230.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $250.00 price target on shares of Texas Instruments in a report on Tuesday, January 21st. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $209.20.

Texas Instruments Company Profile

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.