Mizuho Securities USA LLC Purchases 27,251 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Mizuho Securities USA LLC raised its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 46.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 86,457 shares of the semiconductor company's stock after buying an additional 27,251 shares during the quarter. Mizuho Securities USA LLC's holdings in Texas Instruments were worth $16,212,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Assenagon Asset Management S.A. increased its holdings in shares of Texas Instruments by 948.4% in the fourth 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. Charles Schwab Investment Management Inc. increased its holdings in shares of Texas Instruments by 11.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 21,487,468 shares of the semiconductor company's stock valued at $4,029,115,000 after purchasing an additional 2,237,035 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Texas Instruments during the fourth quarter worth $295,665,000. Van ECK Associates Corp increased its stake in shares of Texas Instruments by 21.8% during the 4th quarter. Van ECK Associates Corp now owns 7,513,870 shares of the semiconductor company's stock worth $1,408,925,000 after purchasing an additional 1,345,629 shares in the last quarter. Finally, Amundi increased its stake in shares of Texas Instruments by 23.4% during the 4th quarter. Amundi now owns 6,650,490 shares of the semiconductor company's stock worth $1,274,633,000 after purchasing an additional 1,262,365 shares in the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

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Insider Buying and Selling

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of Texas Instruments stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the transaction, the director now owns 10,816 shares of the company's stock, valued at $2,202,353.92. The trade was a 35.93 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the completion of the sale, the director now directly owns 11,717 shares of the company's stock, valued at $2,117,379.07. This trade represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 297,655 shares of company stock valued at $59,841,304. 0.57% of the stock is owned by corporate insiders.

Texas Instruments Stock Up 0.3 %

Shares of TXN traded up $0.52 during midday trading on Wednesday, hitting $184.49. The company had a trading volume of 5,813,052 shares, compared to its average volume of 5,361,260. The company's 50 day moving average price is $187.16 and its 200 day moving average price is $195.06. Texas Instruments Incorporated has a 52 week low of $159.11 and a 52 week high of $220.39. The stock has a market cap of $167.87 billion, a price-to-earnings ratio of 35.55, a PEG ratio of 3.30 and a beta of 0.98. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76.

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, 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 quarter in the prior year, the firm posted $1.49 earnings per share. On average, equities research analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.95%. The ex-dividend date was Friday, January 31st. Texas Instruments's dividend payout ratio (DPR) is presently 104.82%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Barclays lowered their target price on Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating on the stock in a report on Friday, January 24th. Mizuho decreased their price objective on Texas Instruments from $200.00 to $190.00 and set a "neutral" rating on the stock in a research note on Friday, January 24th. Cantor Fitzgerald restated a "neutral" rating and issued a $200.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Wells Fargo & Company lowered 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. Finally, Benchmark restated a "buy" rating and set a $230.00 target price on shares of Texas Instruments in a research report 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 company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target 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.