8,837 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Acquired by Vinva Investment Management Ltd

Vinva Investment Management Ltd acquired a new position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,837 shares of the semiconductor company's stock, valued at approximately $1,661,000.

Other large investors have also recently bought and sold shares of the company. State Street Corp raised its position 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 worth $8,609,679,000 after purchasing an additional 391,306 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Texas Instruments by 11.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 21,487,468 shares of the semiconductor company's stock worth $4,029,115,000 after buying an additional 2,237,035 shares during the period. Geode Capital Management LLC lifted its stake in Texas Instruments by 2.3% during the third quarter. Geode Capital Management LLC now owns 21,286,790 shares of the semiconductor company's stock valued at $4,382,936,000 after buying an additional 487,892 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Texas Instruments by 0.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 8,060,213 shares of the semiconductor company's stock worth $1,664,998,000 after buying an additional 36,441 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Texas Instruments by 1.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,773,932 shares of the semiconductor company's stock worth $1,605,861,000 after acquiring an additional 124,712 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

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Texas Instruments Stock Performance

TXN stock traded down $1.54 during midday trading on Tuesday, hitting $183.97. 4,357,167 shares of the company traded hands, compared to its average volume of 5,358,950. Texas Instruments Incorporated has a twelve month low of $159.11 and a twelve month high of $220.39. The stock has a market capitalization of $167.40 billion, a price-to-earnings ratio of 35.45, a price-to-earnings-growth ratio of 3.30 and a beta of 0.98. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The business has a 50 day simple moving average of $187.36 and a 200-day simple moving average of $195.16.

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

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were given a dividend of $1.36 per share. The ex-dividend date was Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.96%. Texas Instruments's dividend payout ratio is presently 104.82%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Wells Fargo & Company cut their target price on shares of Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating on the stock in a research note on Monday, January 13th. Truist Financial decreased their price objective on Texas Instruments from $199.00 to $195.00 and set a "hold" rating for the company in a research report on Friday, January 24th. Cantor Fitzgerald reiterated a "neutral" rating and issued a $200.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Barclays lowered their price objective on shares of Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating on the stock in a research report on Friday, January 24th. Finally, Mizuho cut their target price on shares of Texas Instruments from $200.00 to $190.00 and set a "neutral" rating for the company in a research report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $209.20.

Insider Activity at Texas Instruments

In other news, Chairman Richard K. Templeton sold 97,000 shares of the company's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the completion of the transaction, the chairman now owns 409,089 shares of the company's stock, valued at approximately $82,930,522.08. This represents a 19.17 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark A. Blinn sold 590 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the director now owns 11,717 shares of the company's stock, valued at $2,117,379.07. This represents a 4.79 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 297,655 shares of company stock worth $59,841,304 in the last 90 days. 0.57% of the stock is owned by company insiders.

Texas Instruments 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.