Nissay Asset Management Corp Japan ADV Buys 7,822 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Nissay Asset Management Corp Japan ADV raised its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 3.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 267,141 shares of the semiconductor company's stock after purchasing an additional 7,822 shares during the period. Nissay Asset Management Corp Japan ADV's holdings in Texas Instruments were worth $51,072,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. HF Advisory Group LLC grew its stake in shares of Texas Instruments by 0.6% in the fourth quarter. HF Advisory Group LLC now owns 8,544 shares of the semiconductor company's stock valued at $1,602,000 after buying an additional 52 shares in the last quarter. Blossom Wealth Management boosted its stake in shares of Texas Instruments by 5.1% in the fourth quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company's stock valued at $213,000 after purchasing an additional 55 shares during the period. Gerber Kawasaki Wealth & Investment Management boosted its stake in shares of Texas Instruments by 1.8% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company's stock valued at $598,000 after purchasing an additional 56 shares during the period. OLD Second National Bank of Aurora increased its stake in Texas Instruments by 11.1% during the 4th quarter. OLD Second National Bank of Aurora now owns 572 shares of the semiconductor company's stock worth $107,000 after buying an additional 57 shares during the period. Finally, Voya Financial Advisors Inc. lifted its holdings in Texas Instruments by 1.6% in the 4th quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company's stock worth $686,000 after buying an additional 58 shares in the last quarter. 84.99% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Chairman Richard K. Templeton sold 97,000 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $197.69, for a total value of $19,175,930.00. Following the completion of the transaction, the chairman now directly owns 409,089 shares in the company, valued at approximately $80,872,804.41. This represents a 19.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of the company's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $203.62, for a total value of $1,234,955.30. Following the completion of the transaction, the director now directly owns 10,816 shares of the company's stock, valued at $2,202,353.92. This represents a 35.93% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 297,065 shares of company stock worth $59,734,685. Corporate insiders own 0.57% of the company's stock.

Analyst Upgrades and Downgrades

TXN has been the topic of a number of recent analyst reports. Truist Financial cut their target price on Texas Instruments from $195.00 to $171.00 and set a "hold" rating on the stock in a research report on Thursday, April 24th. Baird R W upgraded shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. Stifel Nicolaus cut their target price on shares of Texas Instruments from $200.00 to $160.00 and set a "hold" rating on the stock in a research note on Thursday, April 17th. Argus raised shares of Texas Instruments to a "strong-buy" rating in a research report on Friday, April 25th. Finally, TD Securities reissued a "hold" rating and issued a $160.00 price objective on shares of Texas Instruments in a report on Thursday, April 24th. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Texas Instruments presently has a consensus rating of "Hold" and an average target price of $189.41.

Texas Instruments Price Performance

Shares of TXN stock traded down $1.00 during trading hours on Monday, hitting $187.50. The company had a trading volume of 2,271,307 shares, compared to its average volume of 6,284,969. The firm's fifty day moving average is $167.29 and its 200 day moving average is $184.29. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. The firm has a market capitalization of $170.34 billion, a price-to-earnings ratio of 36.09, a PEG ratio of 3.30 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly 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 during the quarter, compared to analysts' expectations of $3.91 billion. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The firm's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.10 earnings per share. On average, sell-side analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were given a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments's dividend payout ratio is currently 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.