E. Ohman J or Asset Management AB Grows Position in Texas Instruments Incorporated (NASDAQ:TXN)

E. Ohman J or Asset Management AB lifted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 13.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,660 shares of the semiconductor company’s stock after purchasing an additional 5,010 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Texas Instruments were worth $7,812,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Czech National Bank lifted its holdings in shares of Texas Instruments by 7.2% in the 3rd quarter. Czech National Bank now owns 185,997 shares of the semiconductor company’s stock worth $38,421,000 after acquiring an additional 12,496 shares during the last quarter. GAMMA Investing LLC lifted its stake in Texas Instruments by 19.5% in the third quarter. GAMMA Investing LLC now owns 15,519 shares of the semiconductor company’s stock worth $3,206,000 after purchasing an additional 2,532 shares during the last quarter. Azzad Asset Management Inc. ADV lifted its stake in Texas Instruments by 1.5% in the third quarter. Azzad Asset Management Inc. ADV now owns 12,586 shares of the semiconductor company’s stock worth $2,600,000 after purchasing an additional 188 shares during the last quarter. Diversified Trust Co grew its stake in shares of Texas Instruments by 30.3% during the third quarter. Diversified Trust Co now owns 8,746 shares of the semiconductor company’s stock valued at $1,807,000 after buying an additional 2,033 shares during the last quarter. Finally, Miracle Mile Advisors LLC increased its holdings in shares of Texas Instruments by 13.7% in the third quarter. Miracle Mile Advisors LLC now owns 9,830 shares of the semiconductor company’s stock worth $2,031,000 after buying an additional 1,183 shares during the period. 84.99% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the transaction, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.68% of the stock is owned by insiders.

Texas Instruments Stock Performance

NASDAQ:TXN opened at $180.94 on Tuesday. The firm has a market capitalization of $165.06 billion, a PE ratio of 34.86, a PEG ratio of 2.94 and a beta of 0.97. The stock’s fifty day moving average is $191.69 and its 200 day moving average is $198.75. Texas Instruments Incorporated has a fifty-two week low of $155.46 and a fifty-two week high of $220.38. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12.

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, 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 firm earned $1.49 earnings per share. On average, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.42 earnings per share for the current year.

Texas Instruments Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be issued a $1.36 dividend. 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 3.01%. Texas Instruments’s payout ratio is 104.82%.

Analysts Set New Price Targets

TXN has been the topic of a number of recent analyst reports. Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Truist Financial reduced their price objective on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research report on Friday, January 24th. Evercore ISI lifted their price target on Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Mizuho cut 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, January 24th. Finally, Barclays dropped their price target on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research note on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus 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.