B. Metzler seel. Sohn & Co. Holding AG Takes $47.12 Million Position in Texas Instruments Incorporated (NASDAQ:TXN)

B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 228,118 shares of the semiconductor company's stock, valued at approximately $47,122,000.

Other institutional investors have also recently bought and sold shares of the company. KCM Investment Advisors LLC lifted its position in shares of Texas Instruments by 1.4% in the third quarter. KCM Investment Advisors LLC now owns 3,574 shares of the semiconductor company's stock worth $738,000 after purchasing an additional 50 shares in the last quarter. Investment Advisory Services Inc. TX ADV boosted its stake in shares of Texas Instruments by 1.6% during the 2nd quarter. Investment Advisory Services Inc. TX ADV now owns 3,145 shares of the semiconductor company's stock valued at $612,000 after buying an additional 51 shares during the period. Lansing Street Advisors grew its holdings in shares of Texas Instruments by 4.7% during the 3rd quarter. Lansing Street Advisors now owns 1,127 shares of the semiconductor company's stock valued at $233,000 after acquiring an additional 51 shares in the last quarter. NorthCrest Asset Manangement LLC increased its stake in shares of Texas Instruments by 1.1% in the third quarter. NorthCrest Asset Manangement LLC now owns 4,985 shares of the semiconductor company's stock worth $1,030,000 after acquiring an additional 52 shares during the last quarter. Finally, ABLE Financial Group LLC boosted its position in Texas Instruments by 2.9% during the third quarter. ABLE Financial Group LLC now owns 1,818 shares of the semiconductor company's stock valued at $376,000 after purchasing an additional 52 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company's stock.

Insider Buying and Selling at Texas Instruments

In related news, VP Shanon J. Leonard sold 2,816 shares of the firm's stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $208.91, for a total value of $588,290.56. Following the transaction, the vice president now owns 24,112 shares in the company, valued at $5,037,237.92. This trade represents a 10.46 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Julie C. Knecht sold 7,764 shares of the business's stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $209.49, for a total value of $1,626,480.36. Following the sale, the chief accounting officer now directly owns 11,806 shares of the company's stock, valued at $2,473,238.94. This represents a 39.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 25,548 shares of company stock worth $5,341,235. 0.68% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several brokerages recently commented on TXN. Cantor Fitzgerald reissued a "neutral" rating and issued a $200.00 price target on shares of Texas Instruments in a research note on Wednesday, October 23rd. Susquehanna dropped their price target on shares of Texas Instruments from $250.00 to $240.00 and set a "positive" rating on the stock in a research note on Monday, October 21st. KeyCorp lifted their price objective on shares of Texas Instruments from $200.00 to $250.00 and gave the company an "overweight" rating in a research note on Wednesday, July 24th. Truist Financial cut their target price on Texas Instruments from $198.00 to $190.00 and set a "hold" rating on the stock in a report on Wednesday, October 23rd. Finally, Morgan Stanley upped their price target on Texas Instruments from $154.00 to $167.00 and gave the stock an "underweight" rating in a research note on Wednesday, October 23rd. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $206.95.

Texas Instruments Price Performance

Shares of TXN traded down $6.11 during mid-day trading on Tuesday, reaching $201.07. The company had a trading volume of 5,568,691 shares, compared to its average volume of 5,515,682. The company's 50-day moving average is $204.51 and its 200-day moving average is $200.01. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14. The company has a market capitalization of $183.42 billion, a P/E ratio of 38.13, a P/E/G ratio of 4.40 and a beta of 0.99. Texas Instruments Incorporated has a twelve month low of $151.27 and a twelve month high of $220.38.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.09. The firm had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.12 billion. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The firm's quarterly revenue was down 8.4% on a year-over-year basis. During the same period last year, the firm posted $1.80 EPS. On average, equities analysts anticipate that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Thursday, October 31st were issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 2.71%. This is a boost from Texas Instruments's previous quarterly dividend of $1.30. The ex-dividend date of this dividend was Thursday, October 31st. Texas Instruments's dividend payout ratio (DPR) is currently 101.12%.

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.