Generali Investments Management Co LLC Makes New Investment in Texas Instruments Incorporated (NASDAQ:TXN)

Generali Investments Management Co LLC acquired a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 7,102 shares of the semiconductor company's stock, valued at approximately $1,332,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Promus Capital LLC purchased a new position in shares of Texas Instruments in the fourth quarter worth $25,000. Financial Life Planners purchased a new position in shares of Texas Instruments in the fourth quarter worth $26,000. Retirement Wealth Solutions LLC purchased a new position in shares of Texas Instruments in the fourth quarter worth $27,000. MidAtlantic Capital Management Inc. purchased a new position in shares of Texas Instruments in the third quarter worth $28,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Texas Instruments in the fourth quarter worth $28,000. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Trading Down 0.9 %

TXN stock traded down $1.68 during trading on Friday, reaching $179.00. 11,789,596 shares of the stock were exchanged, compared to its average volume of 5,358,604. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The business has a 50 day moving average price of $187.47 and a 200-day moving average price of $195.33. Texas Instruments Incorporated has a 1 year low of $159.11 and a 1 year high of $220.39. The firm has a market capitalization of $162.88 billion, a price-to-earnings ratio of 34.49, a P/E/G ratio of 3.30 and a beta of 0.98.

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Texas Instruments (NASDAQ:TXN - Get Free Report) last issued 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 quarter in the prior year, the firm earned $1.49 EPS. On average, research analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments's dividend payout ratio (DPR) is 104.82%.

Analysts Set New Price Targets

A number of research analysts have issued reports on TXN shares. Wells Fargo & Company decreased their price target on shares of Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating for the company in a report on Monday, January 13th. Mizuho reduced their target price on shares of Texas Instruments from $200.00 to $190.00 and set a "neutral" rating for the company in a 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. Barclays reduced 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 report on Friday, January 24th. Finally, Rosenblatt Securities restated a "buy" rating and set a $250.00 price target on shares of Texas Instruments in a research report on Tuesday, January 21st. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $209.20.

Insider Activity

In related news, Director Mark A. Blinn sold 590 shares of Texas Instruments 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 completion of the transaction, the director now owns 11,717 shares in the company, valued at approximately $2,117,379.07. The trade was a 4.79 % 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, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the completion of the transaction, the chairman now owns 409,089 shares of the company's stock, valued at $82,930,522.08. This trade represents a 19.17 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 297,655 shares of company stock valued at $59,841,304. Company insiders own 0.57% of the company's stock.

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.