Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Clean Yield Group

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Clean Yield Group grew its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 2.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,695 shares of the semiconductor company’s stock after buying an additional 215 shares during the period. Clean Yield Group’s holdings in Texas Instruments were worth $1,115,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. State Street Corp increased its position in Texas Instruments by 0.3% during the third quarter. State Street Corp now owns 39,552,319 shares of the semiconductor company’s stock worth $5,111,742,000 after purchasing an additional 125,878 shares during the last quarter. Nuveen Asset Management LLC increased its position in Texas Instruments by 16,895.4% during the second quarter. Nuveen Asset Management LLC now owns 7,969,808 shares of the semiconductor company’s stock worth $914,615,000 after purchasing an additional 7,922,914 shares during the last quarter. UBS Asset Management Americas Inc. increased its position in Texas Instruments by 13.6% during the second quarter. UBS Asset Management Americas Inc. now owns 4,361,455 shares of the semiconductor company’s stock worth $500,521,000 after purchasing an additional 522,537 shares during the last quarter. Alecta Pensionsforsakring Omsesidigt increased its position in Texas Instruments by 4.9% during the third quarter. Alecta Pensionsforsakring Omsesidigt now owns 4,304,000 shares of the semiconductor company’s stock worth $556,249,000 after purchasing an additional 200,000 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its position in Texas Instruments by 6.0% during the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 3,825,061 shares of the semiconductor company’s stock worth $494,351,000 after purchasing an additional 215,695 shares during the last quarter. Hedge funds and other institutional investors own 85.04% of the company’s stock.

Several research analysts have weighed in on the stock. Charter Equity lowered shares of Texas Instruments from a “buy” rating to a “market perform” rating in a research note on Wednesday, October 23rd. Mizuho lowered their target price on shares of Texas Instruments from $116.00 to $113.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Deutsche Bank lowered their target price on shares of Texas Instruments from $120.00 to $115.00 and set a “hold” rating for the company in a research note on Wednesday, October 23rd. Royal Bank of Canada lowered their target price on shares of Texas Instruments to $124.00 and set a “sector perform” rating for the company in a research note on Wednesday, October 23rd. They noted that the move was a valuation call. Finally, BidaskClub raised shares of Texas Instruments from a “sell” rating to a “hold” rating in a research note on Saturday, December 7th. Two equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and nine have assigned a buy rating to the stock. Texas Instruments presently has a consensus rating of “Hold” and a consensus price target of $122.22.

In other news, VP Ahmad Bahai sold 1,550 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $117.99, for a total value of $182,884.50. Following the completion of the transaction, the vice president now owns 25,354 shares of the company’s stock, valued at $2,991,518.46. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Hagop H. Kozanian sold 5,383 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $119.51, for a total transaction of $643,322.33. Following the completion of the transaction, the vice president now directly owns 41,839 shares of the company’s stock, valued at approximately $5,000,178.89. The disclosure for this sale can be found here. Company insiders own 0.89% of the company’s stock.

NASDAQ TXN opened at $131.70 on Friday. The firm has a 50 day simple moving average of $126.61 and a 200-day simple moving average of $123.81. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.32 and a current ratio of 4.34. Texas Instruments Incorporated has a one year low of $94.81 and a one year high of $132.20. The firm has a market cap of $123.11 billion, a price-to-earnings ratio of 24.30, a PEG ratio of 2.59 and a beta of 1.21.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.49 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.42 by $0.07. Texas Instruments had a net margin of 35.10% and a return on equity of 58.00%. The business had revenue of $3.77 billion during the quarter, compared to analyst estimates of $3.82 billion. During the same quarter last year, the firm posted $1.56 earnings per share. The business’s revenue for the quarter was down 11.5% compared to the same quarter last year. Equities analysts predict that Texas Instruments Incorporated will post 4.94 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 10th. Stockholders of record on Friday, January 31st will be paid a $0.90 dividend. This represents a $3.60 annualized dividend and a dividend yield of 2.73%. Texas Instruments’s payout ratio is 66.42%.

About Texas Instruments

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, portable components, power supply controls, point-of-load products, switches and interfaces, integrated protection devices, high-voltage products, and mobile lighting and display products.

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

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