Deutsche Bank AG Has $686.11 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Deutsche Bank AG lifted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 1.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,659,034 shares of the semiconductor company's stock after buying an additional 34,681 shares during the period. Deutsche Bank AG owned approximately 0.40% of Texas Instruments worth $686,105,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Promus Capital LLC bought a new stake in shares of Texas Instruments in the 4th quarter worth $25,000. Financial Life Planners bought a new stake in Texas Instruments in the fourth quarter worth about $26,000. Retirement Wealth Solutions LLC acquired a new stake in Texas Instruments in the 4th quarter valued at about $27,000. Summit Securities Group LLC bought a new position in shares of Texas Instruments during the 4th quarter valued at about $27,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in shares of Texas Instruments in the 4th quarter worth approximately $28,000. 84.99% of the stock is owned by institutional investors.

Insider Activity

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of the stock in a transaction on Monday, February 24th. The shares were 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 of the company's stock, valued at $2,202,353.92. This represents a 35.93 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Chairman Richard K. Templeton sold 97,000 shares of the business's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $202.68, for a total transaction of $19,659,960.00. Following the transaction, the chairman now owns 409,089 shares in the company, valued at approximately $82,914,158.52. The trade was a 19.17 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 297,065 shares of company stock valued at $59,734,685. 0.57% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have issued reports on TXN. Robert W. Baird upgraded shares of Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price target on the stock in a research report on Monday, April 7th. Baird R W upgraded Texas Instruments from a "hold" rating to a "strong-buy" rating in a report on Monday, April 7th. Cantor Fitzgerald decreased their price target on Texas Instruments from $200.00 to $170.00 and set a "neutral" rating for the company in a research report on Thursday, April 24th. Barclays downgraded Texas Instruments from an "equal weight" rating to an "underweight" rating and cut their price objective for the stock from $180.00 to $125.00 in a report on Tuesday, April 22nd. Finally, Truist Financial reduced their price objective on shares of Texas Instruments from $195.00 to $171.00 and set a "hold" rating for the company in a research note on Thursday, April 24th. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $189.41.

Texas Instruments Stock Up 4.0 %

NASDAQ TXN traded up $6.63 during trading on Friday, hitting $172.27. 8,655,053 shares of the company traded hands, compared to its average volume of 6,227,548. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. The business has a fifty day simple moving average of $167.29 and a 200 day simple moving average of $185.22. The company has a market capitalization of $156.50 billion, a P/E ratio of 33.19, a PEG ratio of 3.30 and a beta of 0.97. 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 - Get Free Report) last announced its 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. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The firm had revenue of $4.07 billion during the quarter, compared to analysts' expectations of $3.91 billion. During the same quarter in the prior year, the business earned $1.10 earnings per share. The company's revenue was up 11.1% on a year-over-year basis. As a group, sell-side analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

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 dividend on an annualized basis and a yield of 3.16%. The ex-dividend date is Wednesday, April 30th. Texas Instruments's dividend payout ratio (DPR) is 103.23%.

Texas Instruments 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.