Texas Instruments Incorporated (NASDAQ:TXN) Position Raised by Meiji Yasuda Asset Management Co Ltd.

Meiji Yasuda Asset Management Co Ltd. lifted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 99,415 shares of the semiconductor company’s stock after acquiring an additional 1,468 shares during the period. Texas Instruments accounts for 0.7% of Meiji Yasuda Asset Management Co Ltd.’s portfolio, making the stock its 26th biggest holding. Meiji Yasuda Asset Management Co Ltd.’s holdings in Texas Instruments were worth $18,641,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Promus Capital LLC bought a new stake in Texas Instruments during the 4th quarter valued at $25,000. Financial Life Planners acquired a new position in shares of Texas Instruments during the fourth quarter valued at $26,000. Retirement Wealth Solutions LLC acquired a new stake in Texas Instruments in the fourth quarter worth about $27,000. Kohmann Bosshard Financial Services LLC bought a new position in Texas Instruments in the 4th quarter valued at about $28,000. Finally, Atala Financial Inc acquired a new position in Texas Instruments during the 4th quarter valued at about $37,000. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Price Performance

NASDAQ TXN opened at $185.51 on Tuesday. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $168.80 billion, a PE ratio of 35.74, a price-to-earnings-growth ratio of 3.30 and a beta of 0.98. Texas Instruments Incorporated has a 12-month low of $159.11 and a 12-month high of $220.39. The company has a 50 day moving average price of $187.36 and a two-hundred day moving average price of $195.16.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 period in the previous year, the firm earned $1.49 earnings per share. As a group, equities analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were issued a $1.36 dividend. The ex-dividend date was Friday, January 31st. This represents a $5.44 annualized dividend and a yield of 2.93%. Texas Instruments’s dividend payout ratio (DPR) is currently 104.82%.

Analyst Ratings Changes

A number of brokerages have issued reports on TXN. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 price target on shares of Texas Instruments in a research note on Tuesday, January 21st. Mizuho lowered their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research note on Friday, January 24th. Barclays cut their target price on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research note on Friday, January 24th. Wells Fargo & Company dropped their price target on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Finally, Truist Financial reduced their price objective on Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research note on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $209.20.

Insiders Place Their Bets

In other Texas Instruments news, Chairman Richard K. Templeton sold 97,000 shares of the firm’s 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 sale, the chairman now owns 409,089 shares of the company’s stock, valued at $80,872,804.41. This trade represents a 19.17 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the transaction, the director now owns 11,717 shares of the company’s stock, valued at approximately $2,117,379.07. This trade represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 297,655 shares of company stock valued at $59,841,304 over the last 90 days. 0.57% of the stock is currently owned by company insiders.

Texas Instruments 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.