Schroder Investment Management Group Increases Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Schroder Investment Management Group boosted its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 1.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,219,198 shares of the semiconductor company's stock after purchasing an additional 60,655 shares during the period. Schroder Investment Management Group owned approximately 0.35% of Texas Instruments worth $603,632,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in Texas Instruments by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 93,567,277 shares of the semiconductor company's stock valued at $17,544,800,000 after buying an additional 649,620 shares in the last quarter. State Street Corp raised its stake in shares of Texas Instruments by 0.9% during the third quarter. State Street Corp now owns 41,679,234 shares of the semiconductor company's stock valued at $8,609,679,000 after acquiring an additional 391,306 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Texas Instruments by 11.6% in the fourth 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 during the period. Geode Capital Management LLC grew its stake in Texas Instruments by 2.3% in the third quarter. Geode Capital Management LLC now owns 21,286,790 shares of the semiconductor company's stock worth $4,382,936,000 after purchasing an additional 487,892 shares in the last quarter. Finally, Norges Bank purchased a new position in Texas Instruments during the 4th quarter worth $2,584,490,000. Institutional investors own 84.99% of the company's stock.

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Insiders Place Their Bets

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the transaction, the director now directly owns 10,816 shares of the company's stock, valued at $2,202,353.92. This trade represents a 35.93 % decrease in their ownership of the stock. The transaction 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 the business's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $202.68, for a total transaction of $19,659,960.00. Following the sale, the chairman now directly owns 409,089 shares of the company's stock, valued at $82,914,158.52. This represents a 19.17 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 297,655 shares of company stock worth $59,841,304. Company insiders own 0.57% of the company's stock.

Texas Instruments Stock Performance

Shares of Texas Instruments stock traded down $1.71 during trading on Tuesday, hitting $177.99. 5,962,793 shares of the company's stock were exchanged, compared to its average volume of 5,723,211. The stock has a market capitalization of $161.96 billion, a price-to-earnings ratio of 34.29, a PEG ratio of 3.30 and a beta of 0.98. The business has a 50-day simple moving average of $186.20 and a 200-day simple moving average of $194.51. Texas Instruments Incorporated has a 52-week low of $159.11 and a 52-week high of $220.39. 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 (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 return on equity of 28.08% and a net margin of 30.68%. During the same period in the prior year, the business earned $1.49 EPS. On average, research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were issued a $1.36 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 3.06%. Texas Instruments's payout ratio is 104.82%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on TXN shares. Benchmark reissued a "buy" rating and set a $230.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Cantor Fitzgerald restated a "neutral" rating and issued a $200.00 price target on shares of Texas Instruments in a report on Friday, January 24th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $250.00 price target on shares of Texas Instruments in a research report on Tuesday, January 21st. Wells Fargo & Company reduced their price objective on shares of Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating for the company in a research note on Monday, January 13th. Finally, Barclays lowered their target price on Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating for the company in a report on Friday, January 24th. 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 company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $209.20.

About Texas Instruments

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.