Vanguard Group Inc. Has $17.54 Billion Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Vanguard Group Inc. lifted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 0.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 93,567,277 shares of the semiconductor company's stock after purchasing an additional 649,620 shares during the quarter. Vanguard Group Inc. owned about 10.26% of Texas Instruments worth $17,544,800,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in TXN. Fiduciary Alliance LLC grew its stake in shares of Texas Instruments by 25.3% during the 4th quarter. Fiduciary Alliance LLC now owns 36,801 shares of the semiconductor company's stock valued at $6,901,000 after buying an additional 7,424 shares during the period. Townsquare Capital LLC boosted its position in shares of Texas Instruments by 5.9% in the third quarter. Townsquare Capital LLC now owns 93,689 shares of the semiconductor company's stock worth $19,353,000 after buying an additional 5,201 shares during the period. Ameritas Advisory Services LLC increased its holdings in Texas Instruments by 73.7% during the 4th quarter. Ameritas Advisory Services LLC now owns 8,739 shares of the semiconductor company's stock worth $1,639,000 after purchasing an additional 3,707 shares during the last quarter. HB Wealth Management LLC raised its position in shares of Texas Instruments by 4.4% in the 4th quarter. HB Wealth Management LLC now owns 99,856 shares of the semiconductor company's stock valued at $18,724,000 after purchasing an additional 4,238 shares in the last quarter. Finally, Taika Capital LP purchased a new position in shares of Texas Instruments during the 3rd quarter valued at approximately $4,394,000. Hedge funds and other institutional investors own 84.99% of the company's stock.

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Analysts Set New Price Targets

Several research firms recently issued reports on TXN. Truist Financial cut their price target on shares of Texas Instruments from $199.00 to $195.00 and set a "hold" rating on the stock in a report on Friday, January 24th. Mizuho cut their target price on shares of Texas Instruments from $200.00 to $190.00 and set a "neutral" rating on the stock in a research note on Friday, January 24th. Rosenblatt Securities reiterated a "buy" rating and issued a $250.00 price target on shares of Texas Instruments in a research note on Tuesday, January 21st. Barclays decreased their target price 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. Finally, Benchmark reissued a "buy" rating and set a $230.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $209.20.

Texas Instruments Stock Performance

Shares of NASDAQ:TXN traded down $2.43 on Thursday, hitting $182.06. The company's stock had a trading volume of 1,113,096 shares, compared to its average volume of 5,345,219. The company has a market capitalization of $165.66 billion, a price-to-earnings ratio of 35.10, a price-to-earnings-growth ratio of 3.30 and a beta of 0.98. 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 12 month low of $159.11 and a 12 month high of $220.39. The stock's 50-day moving average is $186.90 and its two-hundred day moving average is $194.99.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS 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 quarter in the previous year, the business posted $1.49 EPS. On average, equities research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were given 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 2.99%. Texas Instruments's dividend payout ratio (DPR) is 104.82%.

Insider Activity

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of Texas Instruments 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 completion of the sale, the director now owns 10,816 shares of the company's stock, valued at $2,202,353.92. This trade represents a 35.93 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the stock in a transaction on 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 owns 11,717 shares of the company's stock, valued at approximately $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. In the last ninety days, insiders have sold 297,655 shares of company stock worth $59,841,304. 0.57% of the stock is owned by company insiders.

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.