Commerzbank Aktiengesellschaft FI Has $8.16 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Commerzbank Aktiengesellschaft FI raised its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 16.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 43,521 shares of the semiconductor company’s stock after purchasing an additional 6,158 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Texas Instruments were worth $8,161,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of TXN. Assenagon Asset Management S.A. grew its stake in Texas Instruments by 948.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 4,794,646 shares of the semiconductor company’s stock valued at $899,044,000 after buying an additional 4,337,295 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Texas Instruments by 11.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 21,487,468 shares of the semiconductor company’s stock worth $4,029,115,000 after acquiring an additional 2,237,035 shares during the period. Van ECK Associates Corp boosted its holdings in shares of Texas Instruments by 21.8% during the fourth quarter. Van ECK Associates Corp now owns 7,513,870 shares of the semiconductor company’s stock worth $1,408,925,000 after acquiring an additional 1,345,629 shares during the period. Proficio Capital Partners LLC grew its position in shares of Texas Instruments by 31,596.0% in the fourth quarter. Proficio Capital Partners LLC now owns 718,865 shares of the semiconductor company’s stock valued at $134,794,000 after purchasing an additional 716,597 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of 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 worth $4,382,936,000 after purchasing an additional 487,892 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

TXN has been the topic of a number of research reports. Rosenblatt Securities reaffirmed a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a report on Tuesday, January 21st. Barclays decreased their price target on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research note on Friday, January 24th. Mizuho dropped their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research note on Friday, January 24th. Cantor Fitzgerald restated a “neutral” rating and set a $200.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Finally, Truist Financial dropped their price target on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” 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 given a buy rating to the company. According to MarketBeat, Texas Instruments presently has an average rating of “Hold” and a consensus price target of $209.20.

Texas Instruments Trading Down 0.8 %

Shares of Texas Instruments stock opened at $194.39 on Tuesday. The firm has a market capitalization of $176.96 billion, a PE ratio of 37.45, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The firm’s 50 day moving average is $189.57 and its 200 day moving average is $197.64. Texas Instruments Incorporated has a 1 year low of $159.11 and a 1 year high of $220.38.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share 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 quarter in the previous year, the firm earned $1.49 EPS. Equities research analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently declared 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 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date was Friday, January 31st. Texas Instruments’s payout ratio is 104.82%.

Insider Activity

In related news, Director Janet F. Clark sold 6,065 shares of Texas Instruments stock in a transaction that occurred 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 sale, the director now directly owns 10,816 shares in the company, valued at $2,202,353.92. This trade represents a 35.93 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $197.69, for a total transaction of $19,175,930.00. Following the completion of the transaction, the chairman now owns 409,089 shares of the company’s stock, valued at approximately $80,872,804.41. This trade represents a 19.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 297,655 shares of company stock valued at $59,841,304. 0.68% of the stock is currently owned by corporate insiders.

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.