United Services Automobile Association Buys 187 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

United Services Automobile Association lifted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 0.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 21,155 shares of the semiconductor company’s stock after buying an additional 187 shares during the period. United Services Automobile Association’s holdings in Texas Instruments were worth $3,967,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Assenagon Asset Management S.A. lifted its holdings in shares of Texas Instruments by 948.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 4,794,646 shares of the semiconductor company’s stock worth $899,044,000 after acquiring an additional 4,337,295 shares during the period. Charles Schwab Investment Management Inc. raised its position in Texas Instruments by 11.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 21,487,468 shares of the semiconductor company’s stock valued at $4,029,115,000 after purchasing an additional 2,237,035 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Texas Instruments during the fourth quarter worth $295,665,000. Van ECK Associates Corp boosted its holdings in shares of Texas Instruments by 21.8% in the 4th quarter. Van ECK Associates Corp now owns 7,513,870 shares of the semiconductor company’s stock valued at $1,408,925,000 after purchasing an additional 1,345,629 shares in the last quarter. Finally, Amundi increased its stake in shares of Texas Instruments by 23.4% in the 4th quarter. Amundi now owns 6,650,490 shares of the semiconductor company’s stock valued at $1,274,633,000 after purchasing an additional 1,262,365 shares during the last quarter. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Down 0.9 %

Shares of NASDAQ:TXN opened at $179.00 on Monday. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The business’s 50-day moving average is $187.47 and its 200-day moving average is $195.27. Texas Instruments Incorporated has a 1 year low of $159.11 and a 1 year high of $220.39. The company has a market capitalization of $162.88 billion, a price-to-earnings ratio of 34.49, a P/E/G ratio of 3.30 and a beta of 0.98.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same period last year, the firm posted $1.49 EPS. Equities research analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were given a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date was Friday, January 31st. Texas Instruments’s payout ratio is currently 104.82%.

Analysts Set New Price Targets

Several analysts recently weighed in on TXN shares. Wells Fargo & Company reduced their price objective on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Rosenblatt Securities restated a “buy” rating and issued a $250.00 price target on shares of Texas Instruments in a research note on Tuesday, January 21st. Truist Financial lowered their price objective on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research report on Friday, January 24th. Benchmark restated a “buy” rating and issued a $230.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Finally, Mizuho lowered their price target on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Texas Instruments has a consensus rating of “Hold” and an average price target of $209.20.

Insiders Place Their Bets

In related news, Chairman Richard K. Templeton sold 97,000 shares of the business’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $197.69, for a total value of $19,175,930.00. Following the transaction, the chairman now directly owns 409,089 shares of the company’s stock, valued at approximately $80,872,804.41. The trade was a 19.17 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the sale, the director now owns 10,816 shares of the company’s stock, valued at $2,202,353.92. This trade represents a 35.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 297,655 shares of company stock valued at $59,841,304 in the last three months. 0.57% of the stock is currently owned by insiders.

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.