Texas Instruments Incorporated (NASDAQ:TXN) Stock Position Increased by Handelsbanken Fonder AB

Handelsbanken Fonder AB lifted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 12.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 407,808 shares of the semiconductor company's stock after buying an additional 44,144 shares during the period. Handelsbanken Fonder AB's holdings in Texas Instruments were worth $76,468,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. MidAtlantic Capital Management Inc. purchased a new position in shares of Texas Instruments during the third quarter valued at approximately $28,000. Financial Life Planners purchased a new position in Texas Instruments during the fourth quarter worth approximately $26,000. Retirement Wealth Solutions LLC purchased a new position in Texas Instruments during the fourth quarter worth approximately $27,000. Capital Performance Advisors LLP purchased a new position in Texas Instruments during the third quarter worth approximately $39,000. Finally, FSA Wealth Management LLC purchased a new position in Texas Instruments during the third quarter worth approximately $41,000. Hedge funds and other institutional investors own 84.99% of the company's stock.

Insiders Place Their Bets

In other news, Director Mark A. Blinn sold 590 shares of Texas Instruments stock in a transaction dated 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 directly owns 11,717 shares of the company's stock, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction dated 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 completion of the transaction, the director now directly owns 14,323 shares of the company's stock, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is owned by company insiders.

Texas Instruments Stock Down 1.0 %

TXN traded down $1.96 during trading hours on Friday, reaching $202.00. 7,349,861 shares of the stock traded hands, compared to its average volume of 6,488,266. The firm's fifty day simple moving average is $188.23 and its two-hundred day simple moving average is $197.27. The company has a market cap of $183.89 billion, a price-to-earnings ratio of 38.92, a PEG ratio of 3.17 and a beta of 0.97. Texas Instruments Incorporated has a fifty-two week low of $159.11 and a fifty-two week high of $220.38. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

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 for the quarter, topping the consensus estimate 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 last year, the company posted $1.49 earnings per share. As a group, analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were issued a dividend of $1.36 per share. 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 is currently 104.82%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Truist Financial cut their price target on shares of Texas Instruments from $199.00 to $195.00 and set a "hold" rating on the stock in a research note on Friday, January 24th. Barclays cut their price target on shares of Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating on the stock in a research note on Friday, January 24th. Benchmark reaffirmed a "buy" rating and set a $230.00 price target on shares of Texas Instruments in a research note on Friday, January 24th. Cantor Fitzgerald reaffirmed a "neutral" rating and set a $200.00 price target on shares of Texas Instruments in a research note on Friday, January 24th. Finally, Wells Fargo & Company cut their target price 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. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $209.20.

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.