Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by London & Capital Asset Management Ltd

London & Capital Asset Management Ltd boosted its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 1.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 242,012 shares of the semiconductor company’s stock after purchasing an additional 3,879 shares during the quarter. Texas Instruments comprises approximately 3.5% of London & Capital Asset Management Ltd’s investment portfolio, making the stock its 6th largest holding. London & Capital Asset Management Ltd’s holdings in Texas Instruments were worth $41,253,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Texas Instruments by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 88,862,201 shares of the semiconductor company’s stock valued at $14,129,979,000 after acquiring an additional 458,853 shares in the last quarter. State Street Corp lifted its stake in Texas Instruments by 1.9% during the 1st quarter. State Street Corp now owns 37,818,973 shares of the semiconductor company’s stock valued at $7,034,694,000 after acquiring an additional 721,775 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Texas Instruments by 4.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 18,893,821 shares of the semiconductor company’s stock valued at $2,986,123,000 after acquiring an additional 839,964 shares in the last quarter. Morgan Stanley lifted its stake in Texas Instruments by 54.4% during the 4th quarter. Morgan Stanley now owns 14,735,331 shares of the semiconductor company’s stock valued at $2,434,572,000 after acquiring an additional 5,191,426 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in Texas Instruments by 2.9% during the 3rd quarter. Northern Trust Corp now owns 11,095,428 shares of the semiconductor company’s stock valued at $1,764,284,000 after acquiring an additional 315,302 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Buying and Selling

In other news, Director Mark A. Blinn sold 1,744 shares of the business’s stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total transaction of $278,778.40. Following the transaction, the director now owns 11,693 shares of the company’s stock, valued at approximately $1,869,126.05. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.68% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on TXN. KeyCorp raised their price objective on Texas Instruments from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, January 24th. Morgan Stanley raised their price objective on Texas Instruments from $138.00 to $146.00 and gave the company an “underweight” rating in a research note on Wednesday, January 24th. Cantor Fitzgerald lifted their target price on Texas Instruments from $170.00 to $180.00 and gave the stock a “neutral” rating in a research note on Monday, April 8th. Susquehanna lowered their target price on Texas Instruments from $205.00 to $200.00 and set a “positive” rating on the stock in a research note on Wednesday, January 24th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $190.00 target price on shares of Texas Instruments in a research note on Tuesday, January 23rd. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $174.42.

Texas Instruments Stock Up 0.9 %

Shares of NASDAQ TXN traded up $1.48 during trading on Monday, reaching $167.81. The company had a trading volume of 732,338 shares, compared to its average volume of 5,456,064. Texas Instruments Incorporated has a 12-month low of $139.48 and a 12-month high of $188.12. The business’s 50-day moving average is $167.61 and its 200 day moving average is $161.57. The company has a quick ratio of 3.35, a current ratio of 4.55 and a debt-to-equity ratio of 0.63. The stock has a market cap of $152.72 billion, a PE ratio of 23.71, a P/E/G ratio of 3.58 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Monday, January 22nd. The semiconductor company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.46 by $0.03. The firm had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $4.12 billion. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The business’s revenue for the quarter was down 12.7% compared to the same quarter last year. During the same quarter last year, the company earned $2.13 earnings per share. As a group, equities analysts forecast that Texas Instruments Incorporated will post 5.16 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 13th. Investors of record on Wednesday, January 31st were issued a $1.30 dividend. The ex-dividend date was Tuesday, January 30th. This represents a $5.20 dividend on an annualized basis and a yield of 3.10%. Texas Instruments’s dividend payout ratio is presently 73.65%.

About Texas Instruments

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.