Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by KBC Group NV

KBC Group NV boosted its position in Texas Instruments Incorporated (NASDAQ:TXN) by 5.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 174,524 shares of the semiconductor company’s stock after buying an additional 8,304 shares during the quarter. KBC Group NV’s holdings in Texas Instruments were worth $32,726,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Union Bancaire Privee UBP SA bought a new stake in shares of Texas Instruments in the 4th quarter valued at approximately $6,544,000. Apexium Financial LP boosted its holdings in Texas Instruments by 18.0% in the fourth quarter. Apexium Financial LP now owns 3,936 shares of the semiconductor company’s stock worth $738,000 after purchasing an additional 600 shares during the period. Blue Trust Inc. increased its stake in Texas Instruments by 35.4% during the fourth quarter. Blue Trust Inc. now owns 23,860 shares of the semiconductor company’s stock valued at $4,929,000 after purchasing an additional 6,234 shares during the last quarter. PFG Investments LLC raised its holdings in shares of Texas Instruments by 5.1% during the fourth quarter. PFG Investments LLC now owns 5,595 shares of the semiconductor company’s stock worth $1,049,000 after purchasing an additional 273 shares during the period. Finally, Strategic Investment Advisors MI lifted its position in shares of Texas Instruments by 2.2% in the 4th quarter. Strategic Investment Advisors MI now owns 4,839 shares of the semiconductor company’s stock worth $907,000 after buying an additional 102 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on TXN shares. Susquehanna dropped their price objective on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research note on Monday, October 21st. Truist Financial lowered their price objective on Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research note on Friday. Mizuho dropped their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a report on Friday. Rosenblatt Securities restated a “buy” rating and issued a $250.00 target price on shares of Texas Instruments in a research report on Tuesday, January 21st. Finally, Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 price objective on shares of Texas Instruments in a research report on Friday. Two research 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $209.20.

Insider Activity at Texas Instruments

In other news, 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 transaction, the director now owns 14,323 shares in the company, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.68% of the stock is owned by insiders.

Texas Instruments Trading Up 0.8 %

Texas Instruments stock opened at $187.03 on Tuesday. The firm has a market cap of $170.61 billion, a price-to-earnings ratio of 34.76, a price-to-earnings-growth ratio of 3.84 and a beta of 0.98. Texas Instruments Incorporated has a 1 year low of $155.46 and a 1 year high of $220.38. The firm’s 50 day moving average price is $193.38 and its two-hundred day moving average price is $199.43. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31.

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

Texas Instruments Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be issued a dividend of $1.36 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.91%. Texas Instruments’s dividend payout ratio is currently 101.12%.

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.