Texas Instruments Incorporated (NASDAQ:TXN) Shares Bought by Tealwood Asset Management Inc.

Tealwood Asset Management Inc. lifted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.8% during the fourth quarter, Holdings Channel reports. The firm owned 12,079 shares of the semiconductor company’s stock after acquiring an additional 219 shares during the quarter. Tealwood Asset Management Inc.’s holdings in Texas Instruments were worth $2,265,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in TXN. Healthcare of Ontario Pension Plan Trust Fund increased its position in Texas Instruments by 454.5% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,256,289 shares of the semiconductor company’s stock worth $244,386,000 after buying an additional 1,029,741 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of Texas Instruments by 4.2% during 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 acquiring an additional 782,053 shares during the last quarter. International Assets Investment Management LLC increased its holdings in shares of Texas Instruments by 17,253.3% in the 3rd quarter. International Assets Investment Management LLC now owns 613,440 shares of the semiconductor company’s stock valued at $126,718,000 after acquiring an additional 609,905 shares during the period. Geode Capital Management LLC raised its position in Texas Instruments by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 21,286,790 shares of the semiconductor company’s stock valued at $4,382,936,000 after purchasing an additional 487,892 shares during the last quarter. Finally, Mondrian Investment Partners LTD raised its position in Texas Instruments by 141.7% in the 2nd quarter. Mondrian Investment Partners LTD now owns 706,350 shares of the semiconductor company’s stock valued at $143,961,000 after purchasing an additional 414,115 shares during the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Stock Performance

TXN opened at $191.09 on Tuesday. 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 $174.32 billion, a P/E ratio of 35.52, a P/E/G ratio of 4.19 and a beta of 0.98. The stock’s 50 day simple moving average is $196.48 and its 200 day simple moving average is $199.76. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.09. The company had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.12 billion. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. Texas Instruments’s revenue was down 8.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.80 earnings per share. As a group, equities analysts anticipate that Texas Instruments Incorporated will post 5.08 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st were given a dividend of $1.36 per share. The ex-dividend date was Thursday, October 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.85%. This is a boost from Texas Instruments’s previous quarterly dividend of $1.30. Texas Instruments’s payout ratio is presently 101.12%.

Analyst Upgrades and Downgrades

TXN has been the topic of a number of recent research reports. Rosenblatt Securities restated a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a research note on Wednesday, October 23rd. Susquehanna dropped their price target on Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research report on Monday, October 21st. Benchmark reaffirmed a “buy” rating and set a $230.00 price objective on shares of Texas Instruments in a research note on Wednesday, October 23rd. Truist Financial lowered their target price on Texas Instruments from $198.00 to $190.00 and set a “hold” rating on the stock in a research note on Wednesday, October 23rd. Finally, Mizuho set a $200.00 price target on Texas Instruments in a research note on Friday, October 18th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $209.71.

Insider Buying and Selling at Texas Instruments

In related news, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following the completion of the transaction, the director now owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Robert E. Sanchez sold 9,990 shares of the firm’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the sale, the director now directly owns 20,461 shares in the company, valued at $4,272,256.80. This represents a 32.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.68% of the company’s stock.

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.