Texas Instruments Incorporated (NASDAQ:TXN) Stock Position Raised by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 9.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 203,792 shares of the semiconductor company's stock after purchasing an additional 17,110 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Texas Instruments were worth $38,213,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Cahill Financial Advisors Inc. raised its stake in shares of Texas Instruments by 3.5% in the third quarter. Cahill Financial Advisors Inc. now owns 1,443 shares of the semiconductor company's stock valued at $298,000 after acquiring an additional 49 shares in the last quarter. KCM Investment Advisors LLC increased its holdings in Texas Instruments by 1.4% in the third quarter. KCM Investment Advisors LLC now owns 3,574 shares of the semiconductor company's stock valued at $738,000 after buying an additional 50 shares during the last quarter. HF Advisory Group LLC increased its holdings in Texas Instruments by 0.6% in the fourth quarter. HF Advisory Group LLC now owns 8,544 shares of the semiconductor company's stock valued at $1,602,000 after buying an additional 52 shares during the last quarter. Bell Bank increased its holdings in Texas Instruments by 3.4% in the third quarter. Bell Bank now owns 1,602 shares of the semiconductor company's stock valued at $331,000 after buying an additional 53 shares during the last quarter. Finally, Blossom Wealth Management increased its holdings in Texas Instruments by 5.1% in the fourth quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company's stock valued at $213,000 after buying an additional 55 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

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Texas Instruments Stock Down 0.5 %

Shares of NASDAQ:TXN traded down $0.96 during midday trading on Wednesday, hitting $176.38. 2,143,230 shares of the company's stock traded hands, compared to its average volume of 6,616,134. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The company has a market cap of $160.49 billion, a PE ratio of 34.04, a P/E/G ratio of 3.30 and a beta of 0.98. The firm's fifty day moving average price is $189.39 and its two-hundred day moving average price is $197.00. Texas Instruments Incorporated has a twelve month low of $159.11 and a twelve month high of $220.38.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data 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 net margin of 30.68% and a return on equity of 28.08%. During the same period last year, the company posted $1.49 EPS. On average, equities research analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal 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 was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 3.08%. Texas Instruments's dividend payout ratio is currently 104.82%.

Insiders Place Their Bets

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 value of $19,663,840.00. Following the sale, the chairman now owns 409,089 shares in the company, valued at approximately $82,930,522.08. This represents a 19.17 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of the company's stock in a transaction dated 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 in the company, valued at approximately $2,202,353.92. This trade represents a 35.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 297,655 shares of company stock worth $59,841,304 in the last quarter. 0.68% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

TXN has been the topic of several recent analyst reports. Mizuho dropped their target price on Texas Instruments from $200.00 to $190.00 and set a "neutral" rating on the stock in a report on Friday, January 24th. Wells Fargo & Company dropped their price objective on Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating on the stock in a report on Monday, January 13th. Barclays dropped their price objective on Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating on the stock in a report on Friday, January 24th. Rosenblatt Securities reaffirmed a "buy" rating and set a $250.00 price objective on shares of Texas Instruments in a report on Tuesday, January 21st. Finally, Cantor Fitzgerald reaffirmed a "neutral" rating and set a $200.00 price objective on shares of Texas Instruments 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. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $209.20.

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.