Jones Financial Companies Lllp Increases Position in Texas Instruments Incorporated (NASDAQ:TXN)

Jones Financial Companies Lllp raised its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 39.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 60,611 shares of the semiconductor company’s stock after purchasing an additional 17,141 shares during the period. Jones Financial Companies Lllp’s holdings in Texas Instruments were worth $11,365,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in TXN. State Street Corp boosted its stake in shares of Texas Instruments by 0.9% in the 3rd quarter. State Street Corp now owns 41,679,234 shares of the semiconductor company’s stock valued at $8,609,679,000 after purchasing an additional 391,306 shares in the last quarter. Geode Capital Management LLC lifted its stake in Texas Instruments by 2.3% in 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 last quarter. Charles Schwab Investment Management Inc. lifted its stake in Texas Instruments by 4.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 19,250,433 shares of the semiconductor company’s stock worth $3,976,562,000 after purchasing an additional 782,053 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in Texas Instruments by 0.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 8,060,213 shares of the semiconductor company’s stock valued at $1,664,998,000 after buying an additional 36,441 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Texas Instruments by 1.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,773,932 shares of the semiconductor company’s stock valued at $1,605,861,000 after buying an additional 124,712 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Insiders Place Their Bets

In related news, Director Janet F. Clark sold 6,065 shares of the company’s stock in a transaction dated 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 transaction, 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total transaction of $106,618.90. Following the sale, the director now directly owns 11,717 shares in the company, valued at $2,117,379.07. This trade represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 297,655 shares of company stock worth $59,841,304. 0.68% of the stock is currently owned by company insiders.

Texas Instruments Trading Down 0.8 %

TXN opened at $194.39 on Tuesday. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a 52 week low of $159.11 and a 52 week high of $220.38. The stock has a market cap of $176.96 billion, a PE ratio of 37.45, a PEG ratio of 3.30 and a beta of 0.97. The business has a 50 day moving average of $189.57 and a 200-day moving average of $197.64.

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 return on equity of 28.08% and a net margin of 30.68%. During the same quarter last year, the company earned $1.49 earnings per share. Equities research analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 2.80%. The ex-dividend date was Friday, January 31st. Texas Instruments’s payout ratio is currently 104.82%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on TXN. Mizuho lowered their target price on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research note on Friday, January 24th. Wells Fargo & Company lowered their price objective on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Rosenblatt Securities restated a “buy” rating and issued a $250.00 target price on shares of Texas Instruments in a report on Tuesday, January 21st. Barclays lowered their price target on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a report on Friday, January 24th. Finally, Truist Financial cut their price target on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a 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 issued a buy rating to the company’s stock. According to data from MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and an average target price 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.