Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Invesco Ltd.

Invesco Ltd. raised its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 15.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,893,157 shares of the semiconductor company’s stock after acquiring an additional 1,587,036 shares during the period. Texas Instruments makes up 0.4% of Invesco Ltd.’s investment portfolio, making the stock its 23rd biggest holding. Invesco Ltd. owned 1.30% of Texas Instruments worth $2,230,086,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Promus Capital LLC acquired a new position in Texas Instruments during the fourth quarter worth $25,000. Financial Life Planners purchased a new stake in shares of Texas Instruments during the 4th quarter worth $26,000. Retirement Wealth Solutions LLC purchased a new position in shares of Texas Instruments in the 4th quarter valued at about $27,000. Summit Securities Group LLC acquired a new stake in shares of Texas Instruments in the fourth quarter valued at about $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Texas Instruments in the fourth quarter valued at about $28,000. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Texas Instruments Trading Down 7.8 %

Shares of TXN opened at $151.39 on Monday. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. Texas Instruments Incorporated has a 12 month low of $144.22 and a 12 month high of $220.39. The stock has a market cap of $137.75 billion, a PE ratio of 29.17, a P/E/G ratio of 3.30 and a beta of 0.99. The stock’s 50-day moving average is $184.06 and its two-hundred day moving average is $193.60.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data 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 quarter last year, the company earned $1.49 EPS. Equities analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 3.59%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is currently 104.82%.

Insider Transactions at Texas Instruments

In related news, Chairman Richard K. Templeton sold 97,000 shares of the business’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $202.72, for a total value of $19,663,840.00. Following the completion of the sale, the chairman now directly owns 409,089 shares of the company’s stock, valued at $82,930,522.08. The trade was a 19.17 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Janet F. Clark sold 6,065 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $203.62, for a total value of $1,234,955.30. Following the sale, the director now owns 10,816 shares in the company, valued at $2,202,353.92. The trade was a 35.93 % 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 valued at $59,841,304. 0.57% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

TXN has been the subject of several research analyst reports. Rosenblatt Securities reaffirmed a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a research note on Tuesday, January 21st. Wells Fargo & Company reduced their price objective on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. Mizuho decreased 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 report on Friday, January 24th. Truist Financial cut their price target on Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a report on Friday, January 24th. Finally, Barclays decreased 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. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $209.20.

Texas Instruments Company 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.