Texas Instruments Incorporated (NASDAQ:TXN) Shares Purchased by Norinchukin Bank The

Norinchukin Bank The boosted its position in Texas Instruments Incorporated (NASDAQ:TXNGet Rating) by 1.5% in the 4th quarter, Holdings Channel reports. The fund owned 454,443 shares of the semiconductor company’s stock after purchasing an additional 6,535 shares during the period. Texas Instruments makes up about 1.1% of Norinchukin Bank The’s investment portfolio, making the stock its 12th biggest position. Norinchukin Bank The’s holdings in Texas Instruments were worth $85,649,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of TXN. Claro Advisors LLC boosted its holdings in shares of Texas Instruments by 5.0% during the third quarter. Claro Advisors LLC now owns 1,171 shares of the semiconductor company’s stock worth $225,000 after purchasing an additional 56 shares during the period. KCM Investment Advisors LLC grew its position in Texas Instruments by 1.1% during the third quarter. KCM Investment Advisors LLC now owns 5,494 shares of the semiconductor company’s stock valued at $1,056,000 after buying an additional 61 shares during the period. Stuart Chaussee & Associates Inc. lifted its stake in shares of Texas Instruments by 81.7% in the fourth quarter. Stuart Chaussee & Associates Inc. now owns 149 shares of the semiconductor company’s stock worth $28,000 after buying an additional 67 shares in the last quarter. Stonebridge Capital Advisors LLC grew its holdings in shares of Texas Instruments by 30.1% in the third quarter. Stonebridge Capital Advisors LLC now owns 294 shares of the semiconductor company’s stock valued at $56,000 after purchasing an additional 68 shares in the last quarter. Finally, Central Bank & Trust Co. increased its holdings in shares of Texas Instruments by 0.6% in the 4th quarter. Central Bank & Trust Co. now owns 10,938 shares of the semiconductor company’s stock valued at $2,061,000 after acquiring an additional 68 shares during the period. 83.96% of the stock is owned by institutional investors.

Shares of Texas Instruments stock traded up $1.21 during trading on Thursday, hitting $165.90. 5,936,124 shares of the company’s stock traded hands, compared to its average volume of 6,363,399. The business has a 50-day simple moving average of $175.41 and a 200-day simple moving average of $180.98. The stock has a market capitalization of $152.98 billion, a P/E ratio of 18.84, a PEG ratio of 2.05 and a beta of 0.95. Texas Instruments Incorporated has a 1 year low of $160.50 and a 1 year high of $202.26. The company has a debt-to-equity ratio of 0.52, a current ratio of 5.54 and a quick ratio of 4.73.

Texas Instruments (NASDAQ:TXNGet Rating) last announced its earnings results on Tuesday, April 26th. The semiconductor company reported $2.35 EPS for the quarter, beating analysts’ consensus estimates of $2.18 by $0.17. Texas Instruments had a return on equity of 64.89% and a net margin of 43.34%. The business had revenue of $4.91 billion during the quarter, compared to analysts’ expectations of $4.73 billion. During the same quarter in the prior year, the firm earned $1.87 earnings per share. The business’s revenue was up 14.4% compared to the same quarter last year. On average, equities analysts predict that Texas Instruments Incorporated will post 8.77 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 17th. Stockholders of record on Monday, May 9th will be issued a dividend of $1.15 per share. The ex-dividend date of this dividend is Friday, May 6th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.77%. Texas Instruments’s dividend payout ratio is 52.63%.

TXN has been the topic of a number of research analyst reports. Stifel Nicolaus lowered their price target on Texas Instruments from $180.00 to $170.00 and set a “hold” rating on the stock in a report on Wednesday, April 27th. Truist Financial decreased their target price on shares of Texas Instruments from $189.00 to $172.00 in a research report on Wednesday, April 27th. Susquehanna cut their target price on Texas Instruments from $230.00 to $215.00 and set a “buy” rating on the stock in a report on Wednesday, April 27th. Edward Jones downgraded Texas Instruments from a “buy” rating to a “hold” rating in a research note on Friday, February 11th. Finally, Barclays decreased their price target on Texas Instruments from $170.00 to $150.00 and set an “underweight” rating on the stock in a research note on Wednesday, April 27th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and an average target price of $193.53.

About Texas Instruments (Get Rating)

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage supervisors, voltage references, and lighting products.

See Also

Want to see what other hedge funds are holding TXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Instruments Incorporated (NASDAQ:TXNGet Rating).

Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

Receive News & Ratings for Texas Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments and related companies with MarketBeat.com's FREE daily email newsletter.