Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lowered its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 213,940 shares of the semiconductor company's stock after selling 5,150 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main's holdings in Texas Instruments were worth $40,116,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of TXN. HF Advisory Group LLC increased its position in Texas Instruments by 0.6% during the 4th quarter. HF Advisory Group LLC now owns 8,544 shares of the semiconductor company's stock valued at $1,602,000 after purchasing an additional 52 shares during the period. Blossom Wealth Management grew its holdings in shares of Texas Instruments by 5.1% during the 4th quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company's stock worth $213,000 after acquiring an additional 55 shares during the period. Gerber Kawasaki Wealth & Investment Management lifted its stake in shares of Texas Instruments by 1.8% in the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company's stock valued at $598,000 after purchasing an additional 56 shares during the period. OLD Second National Bank of Aurora raised its holdings in Texas Instruments by 11.1% in the fourth quarter. OLD Second National Bank of Aurora now owns 572 shares of the semiconductor company's stock worth $107,000 after purchasing an additional 57 shares in the last quarter. Finally, Voya Financial Advisors Inc. lifted its position in Texas Instruments by 1.6% during the fourth quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company's stock valued at $686,000 after buying an additional 58 shares during the period. 84.99% of the stock is currently owned by institutional investors.

Insider Transactions at Texas Instruments

In related news, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments stock in a transaction 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 completion of the transaction, the chairman now directly owns 409,089 shares in the company, valued at approximately $80,872,804.41. 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 accessible through this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of the firm's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the completion of the sale, the director now owns 10,816 shares in the company, valued at $2,202,353.92. The trade was a 35.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders 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.

Analyst Ratings Changes

Several equities research analysts recently commented on TXN shares. Mizuho set a $170.00 price objective on Texas Instruments in a research report on Thursday, April 24th. Rosenblatt Securities reaffirmed a "buy" rating and set a $216.00 price objective on shares of Texas Instruments in a research report on Thursday, April 24th. Robert W. Baird raised Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price objective for the company in a research note on Monday, April 7th. Argus upgraded shares of Texas Instruments to a "strong-buy" rating in a report on Friday, April 25th. Finally, Summit Insights cut Texas Instruments from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Texas Instruments has a consensus rating of "Hold" and an average price target of $189.41.

Texas Instruments Price Performance

TXN stock traded up $0.92 during trading on Tuesday, hitting $188.20. The stock had a trading volume of 9,836,538 shares, compared to its average volume of 6,281,698. The company's 50-day moving average price is $167.13 and its two-hundred day moving average price is $184.82. 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 stock has a market capitalization of $170.97 billion, a P/E ratio of 36.26, a PEG ratio of 3.30 and a beta of 0.97. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $220.39.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, beating the consensus estimate 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 last year, the firm earned $1.10 earnings per share. The business's revenue for the quarter was up 11.1% on a year-over-year basis. As a group, research analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th will be given a dividend of $1.36 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.89%. Texas Instruments's payout ratio is currently 103.23%.

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.