AEGON ASSET MANAGEMENT UK Plc Buys 16,719 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

AEGON ASSET MANAGEMENT UK Plc raised its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 2.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 586,898 shares of the semiconductor company's stock after buying an additional 16,719 shares during the quarter. Texas Instruments comprises 1.5% of AEGON ASSET MANAGEMENT UK Plc's portfolio, making the stock its 12th largest position. AEGON ASSET MANAGEMENT UK Plc owned approximately 0.06% of Texas Instruments worth $105,290,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in Texas Instruments by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 93,567,277 shares of the semiconductor company's stock worth $17,544,800,000 after buying an additional 649,620 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Texas Instruments by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 21,554,142 shares of the semiconductor company's stock valued at $4,032,599,000 after acquiring an additional 267,352 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Texas Instruments by 11.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 21,487,468 shares of the semiconductor company's stock worth $4,029,115,000 after acquiring an additional 2,237,035 shares during the last quarter. Norges Bank acquired a new stake in shares of Texas Instruments in the 4th quarter worth about $2,584,490,000. Finally, Alliancebernstein L.P. lifted its position in Texas Instruments by 6.9% in the 4th quarter. Alliancebernstein L.P. now owns 12,706,971 shares of the semiconductor company's stock valued at $2,382,684,000 after purchasing an additional 822,797 shares during the last quarter. Institutional investors own 84.99% of the company's stock.

Texas Instruments Stock Up 1.4%

Shares of NASDAQ:TXN traded up $2.64 on Wednesday, reaching $190.72. The company had a trading volume of 5,778,967 shares, compared to its average volume of 6,337,594. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $173.26 billion, a P/E ratio of 36.75, a P/E/G ratio of 3.30 and a beta of 0.97. The stock has a 50-day moving average price of $168.08 and a 200 day moving average price of $182.28. 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 earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, beating 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%. Texas Instruments's revenue was up 11.1% compared to the same quarter last year. During the same period last year, the business posted $1.10 EPS. On average, equities analysts expect 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 was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were paid a dividend of $1.36 per share. The ex-dividend date was Wednesday, April 30th. This represents a $5.44 annualized dividend and a yield of 2.85%. Texas Instruments's dividend payout ratio is 103.23%.

Analysts Set New Price Targets

Several equities research analysts have commented on TXN shares. Benchmark dropped their price target on shares of Texas Instruments from $230.00 to $200.00 and set a "buy" rating on the stock in a research note on Thursday, April 24th. Wells Fargo & Company decreased their price objective on Texas Instruments from $200.00 to $175.00 and set an "equal weight" rating for the company in a report on Thursday, April 24th. Seaport Res Ptn upgraded Texas Instruments to a "strong sell" rating in a research report on Wednesday, April 30th. Stifel Nicolaus decreased their price objective on shares of Texas Instruments from $200.00 to $160.00 and set a "hold" rating for the company in a report on Thursday, April 17th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and set a $216.00 price target on shares of Texas Instruments in a research note on Thursday, April 24th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, Texas Instruments has a consensus rating of "Hold" and a consensus price target of $189.41.

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.