Dimensional Fund Advisors LP Has $739.17 Million Position in Texas Instruments Incorporated (NASDAQ:TXN)

Dimensional Fund Advisors LP boosted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 4.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 4,336,177 shares of the semiconductor company's stock after acquiring an additional 185,454 shares during the period. Dimensional Fund Advisors LP owned 0.48% of Texas Instruments worth $739,171,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in TXN. AXQ Capital LP raised its holdings in Texas Instruments by 64.3% in the third quarter. AXQ Capital LP now owns 4,600 shares of the semiconductor company's stock worth $731,000 after purchasing an additional 1,800 shares during the period. First National Bank of Mount Dora Trust Investment Services lifted its holdings in Texas Instruments by 0.4% during the fourth quarter. First National Bank of Mount Dora Trust Investment Services now owns 42,134 shares of the semiconductor company's stock worth $7,182,000 after acquiring an additional 155 shares in the last quarter. Silver Oak Securities Incorporated acquired a new position in Texas Instruments in the fourth quarter valued at about $222,000. Salem Investment Counselors Inc. increased its holdings in shares of Texas Instruments by 2.2% in the fourth quarter. Salem Investment Counselors Inc. now owns 8,232 shares of the semiconductor company's stock worth $1,403,000 after acquiring an additional 177 shares in the last quarter. Finally, Chicago Capital LLC raised its position in shares of Texas Instruments by 182.7% during the fourth quarter. Chicago Capital LLC now owns 12,859 shares of the semiconductor company's stock worth $2,192,000 after purchasing an additional 8,311 shares during the period. Institutional investors own 84.99% of the company's stock.

Wall Street Analyst Weigh In

TXN has been the subject of a number of research reports. Susquehanna increased their target price on Texas Instruments from $200.00 to $205.00 and gave the stock a "positive" rating in a research note on Wednesday, April 24th. UBS Group upgraded shares of Texas Instruments from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $170.00 to $195.00 in a report on Friday, January 19th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $210.00 target price on shares of Texas Instruments in a research note on Wednesday, April 24th. JPMorgan Chase & Co. lifted their price target on Texas Instruments from $180.00 to $195.00 and gave the company an "overweight" rating in a research note on Wednesday, April 24th. Finally, Barclays decreased their price objective on Texas Instruments from $160.00 to $150.00 and set an "equal weight" rating for the company in a report on Wednesday, January 24th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $180.74.

Texas Instruments Stock Performance

Shares of Texas Instruments stock traded up $1.73 during trading on Friday, hitting $187.05. 5,606,758 shares of the stock were exchanged, compared to its average volume of 6,103,821. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $188.12. The stock has a market capitalization of $170.31 billion, a price-to-earnings ratio of 29.18, a price-to-earnings-growth ratio of 3.94 and a beta of 1.01. The company has a fifty day moving average price of $172.48 and a 200-day moving average price of $164.15. The company has a current ratio of 4.91, a quick ratio of 3.76 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.07 by $0.13. Texas Instruments had a return on equity of 35.28% and a net margin of 35.16%. The company had revenue of $3.66 billion during the quarter, compared to analysts' expectations of $3.61 billion. During the same period last year, the firm posted $1.85 earnings per share. The business's revenue was down 16.4% on a year-over-year basis. As a group, equities analysts predict that Texas Instruments Incorporated will post 5.22 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 21st. Stockholders of record on Wednesday, May 8th will be paid a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date is Tuesday, May 7th. Texas Instruments's dividend payout ratio is presently 81.12%.

Insider Buying and Selling

In other news, Director Pamela H. Patsley sold 9,990 shares of the stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $179.12, for a total transaction of $1,789,408.80. Following the transaction, the director now owns 33,348 shares in the company, valued at $5,973,293.76. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, Director Pamela H. Patsley sold 9,990 shares of the company's stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $179.12, for a total value of $1,789,408.80. Following the transaction, the director now directly owns 33,348 shares in the company, valued at $5,973,293.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Richard K. Templeton sold 104,000 shares of the firm's stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $178.68, for a total transaction of $18,582,720.00. Following the transaction, the chairman now directly owns 403,851 shares in the company, valued at $72,160,096.68. The disclosure for this sale can be found here. In the last 90 days, insiders sold 328,969 shares of company stock valued at $58,427,984. Company insiders own 0.68% of the company's stock.

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.

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