Texas Instruments Incorporated (NASDAQ:TXN) Shares Purchased by CCLA Investment Management

CCLA Investment Management boosted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 4.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 538,880 shares of the semiconductor company's stock after purchasing an additional 22,302 shares during the period. CCLA Investment Management owned about 0.06% of Texas Instruments worth $101,045,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in Texas Instruments by 454.5% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,256,289 shares of the semiconductor company's stock valued at $244,386,000 after buying an additional 1,029,741 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Texas Instruments by 4.2% during the 3rd 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 purchasing an additional 782,053 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Texas Instruments by 17,253.3% in the third quarter. International Assets Investment Management LLC now owns 613,440 shares of the semiconductor company's stock worth $126,718,000 after buying an additional 609,905 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of 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 valued at $4,382,936,000 after purchasing an additional 487,892 shares during the last quarter. Finally, Mondrian Investment Partners LTD grew its holdings in Texas Instruments by 141.7% during the 2nd quarter. Mondrian Investment Partners LTD now owns 706,350 shares of the semiconductor company's stock valued at $143,961,000 after buying an additional 414,115 shares in the last quarter. Institutional investors own 84.99% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on TXN. Wells Fargo & Company decreased their price target on Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating for the company in a research note on Monday. Susquehanna lowered their price target on shares of Texas Instruments from $250.00 to $240.00 and set a "positive" rating for the company in a research report on Monday, October 21st. Bank of America dropped their price objective on Texas Instruments from $220.00 to $215.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 23rd. Evercore ISI upped their price target on Texas Instruments from $268.00 to $298.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 23rd. Finally, Robert W. Baird decreased their price objective on shares of Texas Instruments from $200.00 to $175.00 and set a "neutral" rating for the company in a research report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $209.71.

Texas Instruments Price Performance

Shares of NASDAQ TXN traded up $4.01 during midday trading on Wednesday, hitting $197.51. The stock had a trading volume of 6,288,096 shares, compared to its average volume of 5,065,677. The stock has a 50 day simple moving average of $196.30 and a 200-day simple moving average of $199.76. Texas Instruments Incorporated has a 1 year low of $155.46 and a 1 year high of $220.38. The company has a quick ratio of 3.14, a current ratio of 4.31 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $180.17 billion, a PE ratio of 36.71, a P/E/G ratio of 4.19 and a beta of 0.98.

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

Texas Instruments Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Thursday, October 31st were issued a $1.36 dividend. The ex-dividend date was Thursday, October 31st. This is a boost from Texas Instruments's previous quarterly dividend of $1.30. This represents a $5.44 dividend on an annualized basis and a yield of 2.75%. Texas Instruments's dividend payout ratio is currently 101.12%.

Insider Buying and Selling

In related news, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following the completion of the transaction, the director now owns 14,323 shares in the company, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robert E. Sanchez sold 9,990 shares of the stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the sale, the director now owns 20,461 shares in the company, valued at approximately $4,272,256.80. This trade represents a 32.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company's stock.

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.