Commerzbank Aktiengesellschaft FI Has $8.16 Million Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Commerzbank Aktiengesellschaft FI lifted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 16.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 43,521 shares of the semiconductor company’s stock after purchasing an additional 6,158 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Texas Instruments were worth $8,161,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of TXN. Financial Life Planners bought a new stake in shares of Texas Instruments during the fourth quarter worth $26,000. Retirement Wealth Solutions LLC acquired a new stake in Texas Instruments in the fourth quarter worth about $27,000. MidAtlantic Capital Management Inc. bought a new stake in Texas Instruments during the 3rd quarter worth about $28,000. Kohmann Bosshard Financial Services LLC bought a new stake in Texas Instruments during the 4th quarter worth about $28,000. Finally, Capital Performance Advisors LLP acquired a new position in Texas Instruments during the 3rd quarter valued at about $39,000. Institutional investors own 84.99% of the company’s stock.

Insider Transactions at Texas Instruments

In related news, Director Janet F. Clark sold 6,065 shares of the stock in a transaction that occurred on 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 completion of the transaction, the director now directly owns 10,816 shares of the company’s stock, valued at approximately $2,202,353.92. This represents a 35.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The stock was 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 in the company, valued at $80,872,804.41. This trade represents a 19.17 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 297,655 shares of company stock worth $59,841,304 in the last three months. Insiders own 0.68% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on TXN. Benchmark reissued a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research note on Friday, January 24th. Wells Fargo & Company dropped their target price on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Mizuho reduced their price target on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research report on Friday, January 24th. Barclays dropped their price objective on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a report on Friday, January 24th. Finally, Truist Financial reduced their target price on Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock 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 given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $209.20.

Texas Instruments Stock Down 0.8 %

NASDAQ:TXN opened at $194.39 on Tuesday. The stock has a 50-day simple moving average of $189.57 and a 200 day simple moving average of $197.64. Texas Instruments Incorporated has a 52-week low of $159.11 and a 52-week high of $220.38. The company has a market cap of $176.96 billion, a PE ratio of 37.45, a PEG ratio of 3.30 and a beta of 0.97. 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 issued its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping the consensus estimate 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 quarter in the previous year, the company posted $1.49 earnings per share. On average, sell-side analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were given a dividend of $1.36 per share. The ex-dividend date was Friday, January 31st. This represents a $5.44 annualized dividend and a yield of 2.80%. Texas Instruments’s dividend payout ratio (DPR) is presently 104.82%.

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.