2,082 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Acquired by Bank of Jackson Hole Trust

Bank of Jackson Hole Trust acquired a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,082 shares of the semiconductor company's stock, valued at approximately $390,000.

Other large investors have also recently bought and sold shares of the company. Assenagon Asset Management S.A. grew its position in shares of Texas Instruments by 948.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 4,794,646 shares of the semiconductor company's stock valued at $899,044,000 after purchasing an additional 4,337,295 shares during the period. Van ECK Associates Corp lifted its stake in Texas Instruments by 21.8% in the fourth quarter. Van ECK Associates Corp now owns 7,513,870 shares of the semiconductor company's stock valued at $1,408,925,000 after buying an additional 1,345,629 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Texas Instruments by 4.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 19,250,433 shares of the semiconductor company's stock valued at $3,976,562,000 after buying an additional 782,053 shares during the period. International Assets Investment Management LLC increased its position in shares of Texas Instruments by 17,253.3% during the third quarter. International Assets Investment Management LLC now owns 613,440 shares of the semiconductor company's stock worth $126,718,000 after acquiring an additional 609,905 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in Texas Instruments by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 21,286,790 shares of the semiconductor company's stock worth $4,382,936,000 after purchasing an additional 487,892 shares in the last quarter. Institutional investors own 84.99% of the company's stock.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the business's stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the sale, the director now owns 14,323 shares of the company's stock, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Mark A. Blinn sold 590 shares of the stock in a transaction 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 completion of the transaction, the director now owns 11,717 shares of the company's stock, valued at $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.68% of the company's stock.

Texas Instruments Price Performance

TXN stock traded down $1.96 during mid-day trading on Friday, hitting $202.00. The stock had a trading volume of 7,349,861 shares, compared to its average volume of 6,488,266. The firm has a fifty day simple moving average of $188.23 and a 200 day simple moving average of $197.27. The firm has a market capitalization of $183.89 billion, a P/E ratio of 38.92, a P/E/G ratio of 3.17 and a beta of 0.97. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a 52 week low of $159.11 and a 52 week high of $220.38.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating 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 business earned $1.49 EPS. As a group, research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were paid a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 2.69%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments's dividend payout ratio (DPR) is presently 104.82%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on TXN shares. Wells Fargo & Company reduced their price objective on Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating for the company in a research report on Monday, January 13th. Rosenblatt Securities reaffirmed a "buy" rating and set a $250.00 price target on shares of Texas Instruments in a research note on Tuesday, January 21st. Mizuho cut their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a "neutral" rating on the stock in a research report on Friday, January 24th. Truist Financial reduced their target price on shares of Texas Instruments from $199.00 to $195.00 and set a "hold" rating for the company in a report on Friday, January 24th. Finally, Cantor Fitzgerald reiterated a "neutral" rating and issued a $200.00 price target on shares of Texas Instruments in a research note on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $209.20.

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.