Trexquant Investment LP Has $1.78 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Trexquant Investment LP increased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 59.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,494 shares of the semiconductor company’s stock after buying an additional 3,549 shares during the quarter. Trexquant Investment LP’s holdings in Texas Instruments were worth $1,780,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Howard Capital Management Group LLC bought a new position in Texas Instruments in the 3rd quarter valued at about $202,000. Continuum Advisory LLC lifted its holdings in shares of Texas Instruments by 4.2% in the third quarter. Continuum Advisory LLC now owns 2,331 shares of the semiconductor company’s stock valued at $480,000 after purchasing an additional 94 shares in the last quarter. Brophy Wealth Management LLC purchased a new position in shares of Texas Instruments during the third quarter valued at approximately $211,000. Geode Capital Management LLC grew its holdings in Texas Instruments by 2.3% during the third quarter. Geode Capital Management LLC now owns 21,286,790 shares of the semiconductor company’s stock worth $4,382,936,000 after buying an additional 487,892 shares in the last quarter. Finally, Coldstream Capital Management Inc. grew its holdings in Texas Instruments by 5.8% during the third quarter. Coldstream Capital Management Inc. now owns 34,120 shares of the semiconductor company’s stock worth $7,047,000 after buying an additional 1,864 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on TXN shares. Benchmark reaffirmed a “buy” rating and set a $230.00 price objective on shares of Texas Instruments in a report on Friday, January 24th. Rosenblatt Securities restated a “buy” rating and set a $250.00 price target on shares of Texas Instruments in a report on Tuesday, January 21st. Baird R W upgraded shares of Texas Instruments from a “hold” rating to a “strong-buy” rating in a research note on Monday. Mizuho cut their target price on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research note on Friday, January 24th. Finally, Truist Financial decreased their price target on Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and an average target price of $209.20.

Texas Instruments Trading Down 5.2 %

Shares of Texas Instruments stock opened at $146.01 on Wednesday. The company’s 50-day moving average price is $182.03 and its 200-day moving average price is $192.50. The company has a market cap of $132.86 billion, a price-to-earnings ratio of 28.13, a PEG ratio of 3.30 and a beta of 0.99. Texas Instruments Incorporated has a 12-month low of $143.31 and a 12-month high of $220.39. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results 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 period in the prior year, the business posted $1.49 earnings per share. On average, equities analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were given a dividend of $1.36 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.73%. Texas Instruments’s dividend payout ratio (DPR) is presently 104.82%.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Chairman Richard K. Templeton sold 97,000 shares of the firm’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the sale, the chairman now owns 409,089 shares in the company, valued at $82,930,522.08. This trade represents a 19.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the transaction, the director now owns 11,717 shares of the company’s stock, valued at $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 297,655 shares of company stock valued at $59,841,304. 0.57% of the stock is owned by corporate insiders.

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.