Russell Investments Group Ltd. Acquires 6,226 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Russell Investments Group Ltd. increased its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 0.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 794,784 shares of the semiconductor company's stock after acquiring an additional 6,226 shares during the period. Russell Investments Group Ltd. owned approximately 0.09% of Texas Instruments worth $149,078,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Howard Capital Management Group LLC purchased a new position in Texas Instruments in the 3rd quarter worth approximately $202,000. Edgestream Partners L.P. acquired a new stake in Texas Instruments during the third quarter valued at approximately $229,000. Texas Capital Bank Wealth Management Services Inc lifted its stake in Texas Instruments by 30.4% during the third quarter. Texas Capital Bank Wealth Management Services Inc now owns 6,557 shares of the semiconductor company's stock worth $1,354,000 after purchasing an additional 1,527 shares during the last quarter. Taika Capital LP bought a new position in shares of Texas Instruments in the 3rd quarter worth about $4,394,000. Finally, Wills Financial Group Inc. boosted its stake in Texas Instruments by 2.7% in the third quarter. Wills Financial Group Inc. now owns 4,409 shares of the semiconductor company's stock valued at $911,000 after acquiring an additional 114 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TXN has been the topic of a number of analyst reports. Rosenblatt Securities reaffirmed a "buy" rating and issued a $250.00 price objective on shares of Texas Instruments in a report on Tuesday, January 21st. Wells Fargo & Company dropped their price target on shares of Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating on the stock in a research report on Monday, January 13th. Barclays cut their price objective on Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating for the company in a research report on Friday, January 24th. Mizuho decreased 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. Finally, Benchmark reiterated a "buy" rating and set a $230.00 price target on shares of Texas Instruments in a report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Texas Instruments currently has a consensus rating of "Hold" and a consensus price target of $209.20.

Insider Activity at Texas Instruments

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of the company's stock in a transaction on 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 approximately $2,202,353.92. This represents a 35.93 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark A. Blinn sold 590 shares of the business's stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the sale, the director now directly owns 11,717 shares of the company's stock, valued at $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 297,655 shares of company stock valued at $59,841,304 in the last 90 days. 0.57% of the stock is owned by corporate insiders.

Texas Instruments Stock Performance

Shares of Texas Instruments stock traded down $13.36 during trading on Thursday, reaching $156.14. The company's stock had a trading volume of 7,451,540 shares, compared to its average volume of 5,976,281. The business's fifty day moving average price is $181.41 and its 200-day moving average price is $192.10. The firm has a market cap of $142.08 billion, a price-to-earnings ratio of 30.04, a price-to-earnings-growth ratio of 3.30 and a beta of 0.99. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. Texas Instruments Incorporated has a one year low of $143.31 and a one year high of $220.39.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating 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 period in the previous year, the firm earned $1.49 earnings per share. As a group, equities research analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

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 dividend on an annualized basis and a yield of 3.48%. The ex-dividend date was Friday, January 31st. Texas Instruments's payout ratio is 104.82%.

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.