UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Position in Texas Instruments Incorporated (NASDAQ:TXN)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 1.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,773,932 shares of the semiconductor company's stock after buying an additional 124,712 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.85% of Texas Instruments worth $1,605,861,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Healthcare of Ontario Pension Plan Trust Fund lifted its position in Texas Instruments by 454.5% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,256,289 shares of the semiconductor company's stock worth $244,386,000 after purchasing an additional 1,029,741 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of Texas Instruments by 4.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 19,250,433 shares of the semiconductor company's stock valued at $3,976,562,000 after purchasing an additional 782,053 shares in the last quarter. International Assets Investment Management LLC lifted its stake in shares of Texas Instruments by 17,253.3% during the third quarter. International Assets Investment Management LLC now owns 613,440 shares of the semiconductor company's stock valued at $126,718,000 after acquiring an additional 609,905 shares during the period. National Bank of Canada FI increased its position in Texas Instruments by 234.1% in the second quarter. National Bank of Canada FI now owns 742,268 shares of the semiconductor company's stock worth $144,423,000 after purchasing an additional 520,073 shares during the period. Finally, William Blair Investment Management LLC lifted its position in Texas Instruments by 37.2% during the 2nd quarter. William Blair Investment Management LLC now owns 1,666,886 shares of the semiconductor company's stock valued at $324,259,000 after purchasing an additional 451,862 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Texas Instruments

In related news, Director Robert E. Sanchez sold 9,990 shares of the company's stock in a transaction on Friday, October 25th. The stock was sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the completion of the sale, the director now owns 20,461 shares in the company, valued at approximately $4,272,256.80. This represents a 32.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Ronald Kirk sold 10,539 shares of the company's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $203.33, for a total value of $2,142,894.87. Following the sale, the director now owns 14,323 shares of the company's stock, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.68% of the company's stock.

Analysts Set New Price Targets

TXN has been the topic of a number of research reports. Barclays cut their target price on shares of Texas Instruments from $210.00 to $200.00 and set an "equal weight" rating on the stock in a research report on Wednesday, October 23rd. Summit Insights upgraded shares of Texas Instruments from a "hold" rating to a "buy" rating in a research report on Wednesday, October 23rd. Cantor Fitzgerald reissued a "neutral" rating and set a $200.00 target price on shares of Texas Instruments in a research note on Wednesday, October 23rd. Robert W. Baird lowered their target price on Texas Instruments from $200.00 to $175.00 and set a "neutral" rating for the company in a research note on Wednesday, October 23rd. Finally, Evercore ISI increased their target price on Texas Instruments from $268.00 to $298.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $210.05.

Texas Instruments Price Performance

Texas Instruments stock traded down $1.76 during midday trading on Thursday, reaching $199.19. The company's stock had a trading volume of 4,730,481 shares, compared to its average volume of 5,561,799. Texas Instruments Incorporated has a 52 week low of $151.27 and a 52 week high of $220.38. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74. The business has a 50-day moving average price of $204.50 and a 200-day moving average price of $200.70. The stock has a market cap of $181.71 billion, a PE ratio of 37.02, a price-to-earnings-growth ratio of 4.44 and a beta of 0.99.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.09. The company had revenue of $4.15 billion for the quarter, compared to analysts' expectations of $4.12 billion. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. The business's quarterly revenue was down 8.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.80 earnings per share. On average, sell-side analysts predict that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Thursday, October 31st were paid a $1.36 dividend. This is a positive change from Texas Instruments's previous quarterly dividend of $1.30. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date of this dividend was Thursday, October 31st. Texas Instruments's payout ratio is currently 101.12%.

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.