Texas Instruments Incorporated (NASDAQ:TXN) Shares Purchased by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale increased its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,114,022 shares of the semiconductor company's stock after acquiring an additional 25,352 shares during the period. DekaBank Deutsche Girozentrale owned approximately 0.12% of Texas Instruments worth $194,184,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Texas Instruments during the 4th quarter valued at about $2,584,490,000. GAMMA Investing LLC grew its position in shares of Texas Instruments by 21,778.6% during the 1st quarter. GAMMA Investing LLC now owns 3,422,027 shares of the semiconductor company's stock valued at $614,938,000 after acquiring an additional 3,406,386 shares during the period. Invesco Ltd. grew its position in shares of Texas Instruments by 15.4% during the 4th quarter. Invesco Ltd. now owns 11,893,157 shares of the semiconductor company's stock valued at $2,230,086,000 after acquiring an additional 1,587,036 shares during the period. Northern Trust Corp grew its position in shares of Texas Instruments by 12.2% during the 4th quarter. Northern Trust Corp now owns 10,398,010 shares of the semiconductor company's stock valued at $1,949,731,000 after acquiring an additional 1,132,187 shares during the period. Finally, Capital International Investors grew its position in shares of Texas Instruments by 26.3% during the 4th quarter. Capital International Investors now owns 5,194,675 shares of the semiconductor company's stock valued at $974,054,000 after acquiring an additional 1,080,782 shares during the period. Hedge funds and other institutional investors own 84.99% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on TXN. Sanford C. Bernstein raised shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a research note on Thursday, June 5th. Baird R W raised shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. Citigroup raised their price target on shares of Texas Instruments from $220.00 to $260.00 and gave the company a "buy" rating in a research note on Monday. TD Cowen raised their price target on shares of Texas Instruments from $160.00 to $200.00 and gave the company a "hold" rating in a research note on Wednesday, June 25th. Finally, Arete Research raised shares of Texas Instruments to a "hold" rating in a research note on Thursday, June 26th. Three research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, ten have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $200.20.

Texas Instruments Trading Up 1.5%

Texas Instruments stock traded up $3.19 during trading on Thursday, hitting $219.58. The company had a trading volume of 3,964,231 shares, compared to its average volume of 6,445,718. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $220.75. The company has a current ratio of 5.26, a quick ratio of 3.37 and a debt-to-equity ratio of 0.78. The company's 50 day simple moving average is $191.75 and its 200-day simple moving average is $183.91. The stock has a market cap of $199.48 billion, a price-to-earnings ratio of 41.67, a price-to-earnings-growth ratio of 3.53 and a beta of 1.03.

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, topping the consensus estimate of $1.06 by $0.22. The business had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a net margin of 30.36% and a return on equity of 28.75%. The company's quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.10 earnings per share. As a group, analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th were paid a $1.36 dividend. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 annualized dividend and a dividend yield of 2.48%. Texas Instruments's dividend payout ratio (DPR) is 103.23%.

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.