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Natixis Advisors LLC Has $111.56 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Texas Instruments logo with Computer and Technology background

Natixis Advisors LLC increased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 13.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 573,487 shares of the semiconductor company's stock after purchasing an additional 65,912 shares during the quarter. Natixis Advisors LLC owned 0.06% of Texas Instruments worth $111,560,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in TXN. Richardson Financial Services Inc. acquired a new stake in Texas Instruments in the fourth quarter worth $26,000. Scarborough Advisors LLC acquired a new stake in Texas Instruments in the fourth quarter worth $26,000. Westend Capital Management LLC acquired a new stake in Texas Instruments in the first quarter worth $31,000. Pacific Capital Wealth Advisors Inc. acquired a new stake in Texas Instruments in the fourth quarter worth $31,000. Finally, Norwood Financial Corp acquired a new stake in Texas Instruments in the first quarter worth $32,000. 84.99% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Texas Instruments news, CEO Haviv Ilan sold 1,200 shares of the firm's stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $209.44, for a total transaction of $251,328.00. Following the completion of the sale, the chief executive officer now directly owns 158,676 shares in the company, valued at approximately $33,233,101.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Texas Instruments news, CEO Haviv Ilan sold 1,200 shares of the firm's stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $209.44, for a total transaction of $251,328.00. Following the completion of the sale, the chief executive officer now directly owns 158,676 shares in the company, valued at approximately $33,233,101.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Julie C. Knecht sold 7,764 shares of the firm's stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $209.49, for a total value of $1,626,480.36. Following the sale, the chief accounting officer now owns 11,806 shares of the company's stock, valued at $2,473,238.94. The disclosure for this sale can be found here. In the last ninety days, insiders sold 15,558 shares of company stock worth $3,255,323. 0.68% of the stock is currently owned by company insiders.


Texas Instruments Trading Up 1.5 %

Shares of NASDAQ:TXN traded up $3.25 during midday trading on Friday, reaching $214.34. The company had a trading volume of 5,861,054 shares, compared to its average volume of 5,579,429. The company has a debt-to-equity ratio of 0.75, a quick ratio of 3.49 and a current ratio of 4.62. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $214.66. The firm has a market cap of $195.70 billion, a price-to-earnings ratio of 33.44, a price-to-earnings-growth ratio of 4.66 and a beta of 0.99. The company has a fifty day simple moving average of $199.51 and a two-hundred day simple moving average of $186.06.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings results on Tuesday, July 23rd. The semiconductor company reported $1.22 earnings per share for the quarter, beating analysts' consensus estimates of $1.16 by $0.06. Texas Instruments had a return on equity of 31.10% and a net margin of 33.01%. The business had revenue of $3.82 billion during the quarter, compared to analyst estimates of $3.82 billion. During the same quarter last year, the company posted $1.87 EPS. Texas Instruments's revenue for the quarter was down 15.6% on a year-over-year basis. Research analysts predict that Texas Instruments Incorporated will post 5.11 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 13th. Shareholders of record on Wednesday, July 31st were given a dividend of $1.30 per share. The ex-dividend date of this dividend was Wednesday, July 31st. This represents a $5.20 dividend on an annualized basis and a yield of 2.43%. Texas Instruments's payout ratio is presently 81.12%.

Analyst Ratings Changes

TXN has been the topic of a number of research analyst reports. Evercore ISI raised their price target on Texas Instruments from $255.00 to $268.00 and gave the company an "outperform" rating in a report on Tuesday, August 20th. Morgan Stanley raised their price target on Texas Instruments from $150.00 to $156.00 and gave the company an "underweight" rating in a report on Thursday, July 11th. Truist Financial lowered their price target on Texas Instruments from $203.00 to $198.00 and set a "hold" rating on the stock in a report on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft raised their price target on Texas Instruments from $160.00 to $185.00 and gave the company a "hold" rating in a report on Wednesday, July 24th. Finally, JPMorgan Chase & Co. raised their price target on Texas Instruments from $195.00 to $230.00 and gave the company an "overweight" rating in a report on Wednesday, July 24th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Texas Instruments presently has an average rating of "Hold" and an average target price of $204.67.

Check Out Our Latest Research Report on TXN

About Texas Instruments

(Free Report)

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.

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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