Texas Instruments Incorporated (NASDAQ:TXN) Shares Bought by APG Asset Management N.V.

APG Asset Management N.V. raised its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 356.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 954,974 shares of the semiconductor company's stock after purchasing an additional 745,804 shares during the quarter. APG Asset Management N.V. owned 0.10% of Texas Instruments worth $172,928,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Nixon Capital LLC purchased a new position in Texas Instruments during the fourth quarter valued at $918,000. Applied Finance Capital Management LLC grew its position in shares of Texas Instruments by 1.7% during the fourth quarter. Applied Finance Capital Management LLC now owns 9,399 shares of the semiconductor company's stock valued at $1,762,000 after purchasing an additional 159 shares in the last quarter. Sandhill Capital Partners LLC increased its holdings in shares of Texas Instruments by 0.7% in the fourth quarter. Sandhill Capital Partners LLC now owns 22,936 shares of the semiconductor company's stock worth $4,301,000 after purchasing an additional 150 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in Texas Instruments during the fourth quarter valued at $12,019,000. Finally, Shelton Capital Management increased its stake in Texas Instruments by 2.5% during the fourth quarter. Shelton Capital Management now owns 152,463 shares of the semiconductor company's stock worth $28,588,000 after acquiring an additional 3,770 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Robert W. Baird upgraded Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price target on the stock in a report on Monday, April 7th. Barclays lowered their target price on shares of Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating for the company in a research note on Friday, January 24th. Wells Fargo & Company reduced their price target on shares of Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating on the stock in a research note on Monday, January 13th. Rosenblatt Securities reissued a "buy" rating and issued a $250.00 price objective on shares of Texas Instruments in a research report on Tuesday, January 21st. Finally, Truist Financial reduced their target price on shares of Texas Instruments from $199.00 to $195.00 and set a "hold" rating on the stock in a research report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $207.95.

Insider Buying and Selling

In related news, Director Mark A. Blinn sold 590 shares of the stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the transaction, the director now owns 11,717 shares in the company, valued at approximately $2,117,379.07. This represents a 4.79 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $197.69, for a total transaction of $19,175,930.00. Following the sale, the chairman now owns 409,089 shares of the company's stock, valued at approximately $80,872,804.41. The trade was a 19.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 297,655 shares of company stock worth $59,841,304 in the last 90 days. Insiders own 0.57% of the company's stock.

Texas Instruments Stock Down 5.7 %

NASDAQ TXN traded down $9.00 during trading on Friday, hitting $147.60. The company's stock had a trading volume of 21,101,622 shares, compared to its average volume of 6,075,826. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $220.39. The company has a market cap of $134.30 billion, a PE ratio of 28.44, a P/E/G ratio of 3.30 and a beta of 0.99. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The business's 50 day simple moving average is $180.26 and its 200-day simple moving average is $191.36.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping analysts' consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same period in the previous year, the firm posted $1.49 earnings per share. On average, equities analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were given a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 3.69%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments's payout ratio is 104.82%.

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.