UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 288,672 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 3.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,062,604 shares of the semiconductor company's stock after buying an additional 288,672 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.88% of Texas Instruments worth $1,511,819,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ameritas Advisory Services LLC raised its position in Texas Instruments by 73.7% in the 4th quarter. Ameritas Advisory Services LLC now owns 8,739 shares of the semiconductor company's stock worth $1,639,000 after purchasing an additional 3,707 shares during the period. Hamlin Capital Management LLC increased its holdings in shares of Texas Instruments by 9.2% in the fourth quarter. Hamlin Capital Management LLC now owns 871,623 shares of the semiconductor company's stock worth $163,438,000 after buying an additional 73,715 shares during the period. James Hambro & Partners LLP lifted its stake in shares of Texas Instruments by 2.8% in the 4th quarter. James Hambro & Partners LLP now owns 555,234 shares of the semiconductor company's stock valued at $104,126,000 after acquiring an additional 15,165 shares during the last quarter. China Universal Asset Management Co. Ltd. lifted its stake in shares of Texas Instruments by 30.4% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 19,367 shares of the semiconductor company's stock valued at $3,632,000 after acquiring an additional 4,515 shares during the last quarter. Finally, Mizuho Securities USA LLC boosted its holdings in Texas Instruments by 46.0% during the 4th quarter. Mizuho Securities USA LLC now owns 86,457 shares of the semiconductor company's stock valued at $16,212,000 after acquiring an additional 27,251 shares during the period. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Stock Performance

Shares of TXN stock traded down $3.91 during trading hours on Friday, reaching $176.30. The company had a trading volume of 7,416,652 shares, compared to its average volume of 6,317,834. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The business has a fifty day moving average price of $167.97 and a 200-day moving average price of $183.65. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $220.39. The firm has a market cap of $160.16 billion, a PE ratio of 33.97, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping analysts' consensus estimates 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 30.68% and a return on equity of 28.08%. The firm's revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.10 EPS. Sell-side analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th were given a $1.36 dividend. The ex-dividend date was Wednesday, April 30th. This represents a $5.44 annualized dividend and a yield of 3.09%. Texas Instruments's payout ratio is 103.23%.

Analyst Upgrades and Downgrades

TXN has been the subject of a number of recent analyst reports. UBS Group lowered their price target on shares of Texas Instruments from $225.00 to $215.00 and set a "buy" rating for the company in a report on Thursday, April 24th. Summit Insights lowered shares of Texas Instruments from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Baird R W upgraded Texas Instruments from a "hold" rating to a "strong-buy" rating in a report on Monday, April 7th. Morgan Stanley reaffirmed an "underweight" rating and set a $148.00 price target (up previously from $146.00) on shares of Texas Instruments in a research report on Thursday, April 24th. Finally, Barclays cut Texas Instruments from an "equal weight" rating to an "underweight" rating and reduced their target price for the company from $180.00 to $125.00 in a research note on Tuesday, April 22nd. Four 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $189.41.

Insiders Place Their Bets

In related news, Chairman Richard K. Templeton sold 97,000 shares of the stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $197.69, for a total value of $19,175,930.00. Following the completion of the sale, the chairman now directly owns 409,089 shares of the company's stock, valued at approximately $80,872,804.41. This represents a 19.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Janet F. Clark sold 6,065 shares of the stock in a transaction on Monday, February 24th. The stock was 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 directly owns 10,816 shares of the company's stock, valued at approximately $2,202,353.92. This trade represents a 35.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 200,065 shares of company stock valued at $40,070,845. Insiders own 0.57% of the company's stock.

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.