Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Axa S.A.

AXA S.A. raised its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 491,421 shares of the semiconductor company's stock after buying an additional 10,277 shares during the period. AXA S.A. owned about 0.05% of Texas Instruments worth $92,146,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Promus Capital LLC purchased a new stake in shares of Texas Instruments during the 4th quarter valued at $25,000. Financial Life Planners acquired a new stake in Texas Instruments in the fourth quarter worth about $26,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Texas Instruments during the fourth quarter worth about $27,000. Summit Securities Group LLC acquired a new position in shares of Texas Instruments during the fourth quarter valued at about $27,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Texas Instruments in the 4th quarter valued at approximately $28,000. Institutional investors own 84.99% of the company's stock.

Texas Instruments Price Performance

NASDAQ TXN traded up $2.42 on Thursday, hitting $167.21. The stock had a trading volume of 1,825,844 shares, compared to its average volume of 6,192,854. The company has a market capitalization of $151.91 billion, a price-to-earnings ratio of 32.22, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. 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 firm has a 50-day moving average of $168.32 and a 200-day moving average of $185.58. Texas Instruments Incorporated has a 52-week low of $139.95 and a 52-week high of $220.39.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.06 by $0.22. The business had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The company's revenue was up 11.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.10 EPS. Equities analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th will be issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date is Wednesday, April 30th. Texas Instruments's dividend payout ratio (DPR) is currently 103.23%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. KeyCorp lowered their price objective on shares of Texas Instruments from $250.00 to $215.00 and set an "overweight" rating for the company in a research note on Thursday, April 24th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $216.00 price objective on shares of Texas Instruments in a report on Thursday, April 24th. Seaport Res Ptn raised shares of Texas Instruments to a "strong sell" rating in a report on Wednesday, April 30th. Benchmark decreased their price objective on Texas Instruments from $230.00 to $200.00 and set a "buy" rating for the company in a report on Thursday, April 24th. Finally, JPMorgan Chase & Co. decreased their price target on Texas Instruments from $230.00 to $195.00 and set an "overweight" rating for the company in a report on Thursday, April 24th. Four equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Texas Instruments presently has a consensus rating of "Hold" and an average target price of $189.41.

Insider Buying and Selling at Texas Instruments

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 directly owns 409,089 shares of the company's stock, valued at approximately $80,872,804.41. This trade represents a 19.17 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of Texas Instruments 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 completion of the sale, the director now directly owns 10,816 shares in the company, valued at $2,202,353.92. This represents a 35.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 297,065 shares of company stock worth $59,734,685 over the last ninety days. Company insiders own 0.57% of the company's stock.

About Texas Instruments

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.