Swedbank AB Has $61.54 Million Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Swedbank AB raised its position in Texas Instruments Incorporated (NASDAQ:TXN) by 0.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 328,186 shares of the semiconductor company’s stock after purchasing an additional 1,062 shares during the quarter. Swedbank AB’s holdings in Texas Instruments were worth $61,538,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of TXN. Cahill Financial Advisors Inc. increased its position 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 during the last quarter. KCM Investment Advisors LLC increased its position in shares of 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 acquiring an additional 50 shares during the last quarter. Lansing Street Advisors increased its position in shares of Texas Instruments by 4.7% in the third quarter. Lansing Street Advisors now owns 1,127 shares of the semiconductor company’s stock valued at $233,000 after acquiring an additional 51 shares during the last quarter. NorthCrest Asset Manangement LLC increased its position in shares of Texas Instruments by 1.1% in the third quarter. NorthCrest Asset Manangement LLC now owns 4,985 shares of the semiconductor company’s stock valued at $1,030,000 after acquiring an additional 52 shares during the last quarter. Finally, ABLE Financial Group LLC increased its position in shares of Texas Instruments by 2.9% in the third quarter. ABLE Financial Group LLC now owns 1,818 shares of the semiconductor company’s stock valued at $376,000 after acquiring an additional 52 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Rosenblatt Securities reaffirmed a “buy” rating and issued a $250.00 target price on shares of Texas Instruments in a research report on Tuesday, January 21st. Robert W. Baird reduced their price target on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Evercore ISI lifted their price target on Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Mizuho reduced their price target on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a report on Friday, January 24th. Finally, Summit Insights upgraded Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $209.20.

Texas Instruments Trading Down 0.2 %

Shares of TXN stock opened at $180.27 on Thursday. Texas Instruments Incorporated has a 1 year low of $155.46 and a 1 year high of $220.38. The stock has a market cap of $164.45 billion, a P/E ratio of 33.51, a price-to-earnings-growth ratio of 3.84 and a beta of 0.98. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74. The stock has a 50 day simple moving average of $192.56 and a 200 day simple moving average of $199.19.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating the consensus estimate of $1.20 by $0.10. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. During the same quarter in the prior year, the company earned $1.49 earnings per share. On average, research analysts predict that Texas Instruments Incorporated will post 5.08 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be given a dividend of $1.36 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 annualized dividend and a yield of 3.02%. Texas Instruments’s dividend payout ratio is currently 101.12%.

Insider Buying and Selling at Texas Instruments

In other news, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the transaction, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.68% of the company’s stock.

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.