Impax Asset Management Group plc Has $263.95 Million Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Impax Asset Management Group plc boosted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 19.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,548,458 shares of the semiconductor company's stock after buying an additional 247,183 shares during the quarter. Texas Instruments makes up approximately 1.1% of Impax Asset Management Group plc's investment portfolio, making the stock its 29th biggest holding. Impax Asset Management Group plc owned about 0.17% of Texas Instruments worth $263,950,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of TXN. Stiles Financial Services Inc raised its stake in shares of Texas Instruments by 10.0% in the fourth quarter. Stiles Financial Services Inc now owns 16,571 shares of the semiconductor company's stock worth $2,826,000 after purchasing an additional 1,513 shares during the last quarter. Keener Financial Planning LLC acquired a new position in Texas Instruments during the fourth quarter worth $916,000. Lester Murray Antman dba SimplyRich acquired a new position in Texas Instruments during the fourth quarter worth $214,000. Hemington Wealth Management purchased a new stake in Texas Instruments in the fourth quarter valued at $205,000. Finally, Caledonia Investments PLC raised its position in Texas Instruments by 10.8% in the fourth quarter. Caledonia Investments PLC now owns 460,950 shares of the semiconductor company's stock valued at $78,564,000 after purchasing an additional 44,750 shares during the period. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Trading Up 2.4 %

Texas Instruments stock traded up $4.00 during midday trading on Tuesday, reaching $173.46. The stock had a trading volume of 4,830,714 shares, compared to its average volume of 5,540,429. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $188.12. The stock has a market capitalization of $157.86 billion, a PE ratio of 24.57, a price-to-earnings-growth ratio of 3.60 and a beta of 1.04. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.35 and a current ratio of 4.55. The stock's 50-day simple moving average is $167.07 and its 200 day simple moving average is $161.36.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share for the quarter, beating analysts' consensus estimates of $1.46 by $0.03. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The firm had revenue of $4.08 billion for the quarter, compared to analysts' expectations of $4.12 billion. During the same quarter last year, the firm earned $2.13 earnings per share. The firm's revenue for the quarter was down 12.7% compared to the same quarter last year. Analysts expect that Texas Instruments Incorporated will post 5.16 EPS for the current year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 13th. Shareholders of record on Wednesday, January 31st were given a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 3.00%. The ex-dividend date was Tuesday, January 30th. Texas Instruments's dividend payout ratio (DPR) is presently 73.65%.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the firm's stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total value of $278,778.40. Following the transaction, the director now directly owns 11,693 shares of the company's stock, valued at $1,869,126.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.68% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on TXN shares. TD Cowen upped their price target on Texas Instruments from $145.00 to $160.00 and gave the stock a "market perform" rating in a report on Wednesday, January 24th. Rosenblatt Securities reissued a "buy" rating and set a $190.00 target price on shares of Texas Instruments in a research note on Tuesday, January 23rd. Cantor Fitzgerald increased their target price on Texas Instruments from $170.00 to $180.00 and gave the stock a "neutral" rating in a research note on Monday. Morgan Stanley raised their price objective on Texas Instruments from $138.00 to $146.00 and gave the company an "underweight" rating in a research note on Wednesday, January 24th. Finally, KeyCorp raised their price objective on Texas Instruments from $180.00 to $200.00 and gave the company an "overweight" rating in a research note on Wednesday, January 24th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $174.42.

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.