Commerce Bank Purchases 4,520 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Commerce Bank increased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 487,656 shares of the semiconductor company’s stock after acquiring an additional 4,520 shares during the quarter. Commerce Bank owned about 0.05% of Texas Instruments worth $91,440,000 as of its most recent SEC filing.

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

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Chairman Richard K. Templeton sold 97,000 shares of the company’s stock in a transaction on 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 in the company, valued at $82,930,522.08. This represents a 19.17 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Janet F. Clark sold 6,065 shares of Texas Instruments stock in a transaction on Monday, February 24th. The stock was sold at an average price of $203.62, for a total value of $1,234,955.30. Following the transaction, the director now owns 10,816 shares in the company, valued at approximately $2,202,353.92. This represents a 35.93 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 297,655 shares of company stock worth $59,841,304. Insiders own 0.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Mizuho lowered their price target on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research report on Friday, January 24th. Barclays dropped their target price on 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. Stifel Nicolaus reduced their price target on shares of Texas Instruments from $200.00 to $160.00 and set a “hold” rating for the company in a research report on Thursday. Wells Fargo & Company dropped their price objective on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Finally, 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. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $206.86.

Texas Instruments Price Performance

Shares of Texas Instruments stock opened at $148.34 on Friday. The stock has a market capitalization of $134.97 billion, a P/E ratio of 28.58, a PEG ratio of 3.30 and a beta of 0.99. The business has a 50 day simple moving average of $177.70 and a two-hundred day simple moving average of $189.85. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. 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 (NASDAQ:TXN) last announced its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same period last year, the company posted $1.49 EPS. As a group, analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th will be paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 3.67%. Texas Instruments’s dividend payout ratio is presently 104.82%.

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.