Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Schroder Investment Management Group

Schroder Investment Management Group decreased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXNFree Report) by 20.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,214,247 shares of the semiconductor company’s stock after selling 585,650 shares during the quarter. Schroder Investment Management Group owned about 0.24% of Texas Instruments worth $377,441,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Prudential PLC boosted its holdings in shares of Texas Instruments by 16.7% in the 4th quarter. Prudential PLC now owns 78,857 shares of the semiconductor company’s stock valued at $13,442,000 after acquiring an additional 11,278 shares during the last quarter. Angeles Investment Advisors LLC boosted its holdings in shares of Texas Instruments by 5.6% in the 4th quarter. Angeles Investment Advisors LLC now owns 1,656 shares of the semiconductor company’s stock valued at $282,000 after acquiring an additional 88 shares during the last quarter. Epoch Investment Partners Inc. boosted its holdings in shares of Texas Instruments by 1.9% in the 4th quarter. Epoch Investment Partners Inc. now owns 929,155 shares of the semiconductor company’s stock valued at $158,384,000 after acquiring an additional 17,560 shares during the last quarter. Lokken Investment Group LLC boosted its holdings in shares of Texas Instruments by 35.5% in the 4th quarter. Lokken Investment Group LLC now owns 4,950 shares of the semiconductor company’s stock valued at $844,000 after acquiring an additional 1,297 shares during the last quarter. Finally, Morningstar Investment Services LLC boosted its holdings in Texas Instruments by 97.6% during the fourth quarter. Morningstar Investment Services LLC now owns 279,269 shares of the semiconductor company’s stock worth $47,956,000 after buying an additional 137,935 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Pamela H. Patsley sold 9,990 shares of Texas Instruments stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $179.12, for a total transaction of $1,789,408.80. Following the transaction, the director now owns 33,348 shares of the company’s stock, valued at approximately $5,973,293.76. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, Director Pamela H. Patsley sold 9,990 shares of Texas Instruments stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $179.12, for a total transaction of $1,789,408.80. Following the completion of the sale, the director now directly owns 33,348 shares in the company, valued at approximately $5,973,293.76. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Chairman Richard K. Templeton sold 104,000 shares of Texas Instruments stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $175.83, for a total value of $18,286,320.00. Following the sale, the chairman now owns 403,851 shares of the company’s stock, valued at $71,009,121.33. The disclosure for this sale can be found here. Insiders have sold a total of 328,969 shares of company stock valued at $58,427,984 in the last 90 days. 0.68% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have weighed in on TXN shares. Jefferies Financial Group cut shares of Texas Instruments from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $200.00 to $175.00 in a research report on Monday, May 13th. JPMorgan Chase & Co. upped their price objective on shares of Texas Instruments from $180.00 to $195.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 24th. Citigroup upped their price objective on shares of Texas Instruments from $167.00 to $185.00 and gave the stock a “neutral” rating in a research report on Monday, May 13th. Susquehanna upped their price objective on shares of Texas Instruments from $200.00 to $205.00 and gave the stock a “positive” rating in a research report on Wednesday, April 24th. Finally, The Goldman Sachs Group upped their price objective on shares of Texas Instruments from $137.00 to $157.00 and gave the stock a “sell” rating in a research report on Wednesday, April 24th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $182.48.

View Our Latest Research Report on TXN

Texas Instruments Stock Performance

Shares of NASDAQ TXN traded down $0.63 during midday trading on Friday, reaching $195.61. 3,308,561 shares of the company traded hands, compared to its average volume of 5,565,663. The stock has a 50-day moving average price of $182.12 and a 200 day moving average price of $170.98. The company has a market cap of $178.10 billion, a price-to-earnings ratio of 30.52, a PEG ratio of 4.25 and a beta of 1.00. Texas Instruments Incorporated has a 52 week low of $139.48 and a 52 week high of $206.00. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.91 and a quick ratio of 3.76.

Texas Instruments (NASDAQ:TXNGet Free Report) last released its earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.07 by $0.13. The firm had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.61 billion. Texas Instruments had a return on equity of 35.28% and a net margin of 35.16%. Texas Instruments’s revenue was down 16.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.85 earnings per share. Sell-side analysts anticipate that Texas Instruments Incorporated will post 5.13 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 21st. Shareholders of record on Wednesday, May 8th were paid a dividend of $1.30 per share. The ex-dividend date was Tuesday, May 7th. This represents a $5.20 annualized dividend and a yield of 2.66%. Texas Instruments’s dividend payout ratio (DPR) is presently 81.12%.

Texas Instruments Company Profile

(Free Report)

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.

Further Reading

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.