Winslow Capital Management LLC Boosts Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Winslow Capital Management LLC grew its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 39.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,874,366 shares of the semiconductor company’s stock after acquiring an additional 528,307 shares during the quarter. Texas Instruments comprises about 1.2% of Winslow Capital Management LLC’s portfolio, making the stock its 29th biggest position. Winslow Capital Management LLC owned approximately 0.21% of Texas Instruments worth $351,462,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the stock. Howard Capital Management Group LLC purchased a new position in Texas Instruments in the third quarter worth $202,000. Continuum Advisory LLC grew its stake in Texas Instruments by 4.2% during the 3rd quarter. Continuum Advisory LLC now owns 2,331 shares of the semiconductor company’s stock worth $480,000 after buying an additional 94 shares during the last quarter. Brophy Wealth Management LLC purchased a new position in Texas Instruments during the 3rd quarter worth $211,000. Geode Capital Management LLC increased its position in Texas Instruments by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 21,286,790 shares of the semiconductor company’s stock valued at $4,382,936,000 after buying an additional 487,892 shares in the last quarter. Finally, Coldstream Capital Management Inc. raised its stake in Texas Instruments by 5.8% in the third quarter. Coldstream Capital Management Inc. now owns 34,120 shares of the semiconductor company’s stock valued at $7,047,000 after buying an additional 1,864 shares during the last quarter. 84.99% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Wells Fargo & Company cut their price objective on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Robert W. Baird raised shares of Texas Instruments from a “neutral” rating to an “outperform” rating and set a $175.00 price target for the company in a report on Monday. Rosenblatt Securities reissued a “buy” rating and set a $250.00 price objective on shares of Texas Instruments in a report on Tuesday, January 21st. Baird R W upgraded Texas Instruments from a “hold” rating to a “strong-buy” rating in a research note on Monday. Finally, Truist Financial lowered 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 assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Texas Instruments presently has a consensus rating of “Hold” and a consensus target price of $209.20.

Texas Instruments Trading Down 5.2 %

Shares of Texas Instruments stock opened at $146.01 on Wednesday. Texas Instruments Incorporated has a fifty-two week low of $143.31 and a fifty-two week high of $220.39. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The company has a market cap of $132.86 billion, a P/E ratio of 28.13, a price-to-earnings-growth ratio of 3.30 and a beta of 0.99. The firm has a 50-day simple moving average of $182.03 and a two-hundred day simple moving average of $192.50.

Texas Instruments (NASDAQ:TXN) last issued 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 return on equity of 28.08% and a net margin of 30.68%. During the same period last year, the company earned $1.49 EPS. As a group, equities analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

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

Insider Buying and Selling at Texas Instruments

In other news, Director Janet F. Clark sold 6,065 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $203.62, for a total value of $1,234,955.30. Following the transaction, the director now owns 10,816 shares in the company, valued at $2,202,353.92. This trade represents a 35.93 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mark A. Blinn sold 590 shares of the business’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 sale, 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. Insiders have sold a total of 297,655 shares of company stock valued at $59,841,304 over the last ninety days. Corporate insiders own 0.57% of the company’s stock.

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.