Texas Instruments Incorporated (NASDAQ:TXN) Shares Bought by AustralianSuper Pty Ltd

AustralianSuper Pty Ltd lifted its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 52.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,756 shares of the semiconductor company’s stock after purchasing an additional 3,715 shares during the period. AustralianSuper Pty Ltd’s holdings in Texas Instruments were worth $2,017,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Financial Life Planners acquired a new position in shares of Texas Instruments in the fourth quarter worth about $26,000. Retirement Wealth Solutions LLC acquired a new position in shares of Texas Instruments in the fourth quarter worth about $27,000. MidAtlantic Capital Management Inc. acquired a new position in shares of Texas Instruments in the third quarter worth about $28,000. Capital Performance Advisors LLP acquired a new position in shares of Texas Instruments in the third quarter worth about $39,000. Finally, FSA Wealth Management LLC acquired a new position in shares of Texas Instruments in the third quarter worth about $41,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Buying and Selling

In related news, Director Mark A. Blinn sold 590 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total transaction of $106,618.90. Following the transaction, the director now owns 11,717 shares of the company’s stock, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction on Monday, November 25th. The stock was sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the sale, the director now owns 14,323 shares in the company, valued at $2,912,295.59. This represents a 42.39 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by insiders.

Texas Instruments Trading Up 1.2 %

NASDAQ:TXN opened at $183.03 on Friday. Texas Instruments Incorporated has a 12 month low of $158.90 and a 12 month high of $220.38. The firm has a market cap of $166.96 billion, a price-to-earnings ratio of 35.27, a P/E/G ratio of 2.95 and a beta of 0.97. 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 company’s 50 day moving average is $188.18 and its 200-day moving average is $197.38.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 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 business earned $1.49 EPS. Equities analysts anticipate that Texas Instruments Incorporated will post 5.38 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently announced 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. This represents a $5.44 dividend on an annualized basis and a yield of 2.97%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is currently 104.82%.

Analyst Ratings Changes

Several brokerages have commented on TXN. 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. Mizuho decreased their price target on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a report on Friday, January 24th. Wells Fargo & Company decreased their price target on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. Susquehanna decreased their price target on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a report on Monday, October 21st. Finally, Benchmark restated a “buy” rating and set a $230.00 price target 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 issued a buy rating to the stock. According to MarketBeat, Texas Instruments has a consensus rating of “Hold” and an average 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.