Caisse DE Depot ET Placement DU Quebec trimmed its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 31.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 321,740 shares of the semiconductor company's stock after selling 146,071 shares during the period. Caisse DE Depot ET Placement DU Quebec's holdings in Texas Instruments were worth $60,329,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in TXN. HF Advisory Group LLC boosted its holdings in shares of Texas Instruments by 0.6% in the 4th quarter. HF Advisory Group LLC now owns 8,544 shares of the semiconductor company's stock worth $1,602,000 after purchasing an additional 52 shares in the last quarter. Blossom Wealth Management grew its position in Texas Instruments by 5.1% during the fourth quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company's stock valued at $213,000 after acquiring an additional 55 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management raised its stake in shares of Texas Instruments by 1.8% during the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company's stock worth $598,000 after acquiring an additional 56 shares in the last quarter. OLD Second National Bank of Aurora lifted its holdings in shares of Texas Instruments by 11.1% in the 4th quarter. OLD Second National Bank of Aurora now owns 572 shares of the semiconductor company's stock worth $107,000 after acquiring an additional 57 shares during the last quarter. Finally, Voya Financial Advisors Inc. boosted its stake in shares of Texas Instruments by 1.6% in the 4th quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company's stock valued at $686,000 after purchasing an additional 58 shares in the last quarter. Institutional investors own 84.99% of the company's stock.
Texas Instruments Stock Performance
Shares of NASDAQ:TXN traded up $6.25 during trading on Friday, hitting $164.51. The company's stock had a trading volume of 7,642,365 shares, compared to its average volume of 6,211,865. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The firm has a market cap of $149.45 billion, a price-to-earnings ratio of 31.70, a P/E/G ratio of 3.30 and a beta of 0.97. The company has a 50-day moving average of $170.27 and a 200-day moving average of $186.15. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39.
Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.22. The business had revenue of $4.07 billion for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter last year, the company posted $1.10 EPS. On average, sell-side analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.
Texas Instruments Announces Dividend
The company also recently declared 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 annualized dividend and a yield of 3.31%. The ex-dividend date is Wednesday, April 30th. Texas Instruments's dividend payout ratio is currently 103.23%.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on the company. Summit Insights lowered Texas Instruments from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Seaport Res Ptn upgraded shares of Texas Instruments to a "strong sell" rating in a research report on Wednesday. Wells Fargo & Company dropped their target price on shares of Texas Instruments from $200.00 to $175.00 and set an "equal weight" rating for the company in a report on Thursday, April 24th. DZ Bank upgraded Texas Instruments from a "sell" rating to a "hold" rating and set a $163.00 price objective on the stock in a research report on Friday, April 25th. Finally, Stifel Nicolaus dropped their price target on Texas Instruments from $200.00 to $160.00 and set a "hold" rating for the company in a research note on Thursday, April 17th. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $189.41.
Check Out Our Latest Stock Report on TXN
Insiders Place Their Bets
In other news, Director Janet F. Clark sold 6,065 shares of Texas Instruments stock in a transaction dated 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 sale, the director now directly owns 10,816 shares of the company's stock, valued at approximately $2,202,353.92. The trade was a 35.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the firm's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $197.69, for a total transaction of $19,175,930.00. Following the completion of the transaction, 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 disclosure for this sale can be found here. Insiders sold a total of 297,655 shares of company stock worth $59,841,304 over the last three months. 0.57% of the stock is currently owned by company insiders.
About Texas Instruments
(
Free Report)
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.
Featured Articles
Before you consider Texas Instruments, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Texas Instruments wasn't on the list.
While Texas Instruments currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
