1 week Ago By ABMN Staff
GAMMA Investing LLC grew its holdings in Texas Instruments Incorporated ( NASDAQ:TXN – Free Report ) by 0.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,641 shares of the semiconductor company’s stock after acquiring an additional 122 shares during the quarter.
GAMMA Investing LLC’s holdings in Texas Instruments were worth $2,933,000 at the end of the most recent reporting period. A number of other hedge funds also recently modified their holdings of TXN. Versant Capital Management Inc raised its holdings in shares of Texas Instruments by 108.
6% during the fourth quarter. Versant Capital Management Inc now owns 1,095 shares of the semiconductor company’s stock worth $205,000 after acquiring an additional 570 shares during the period. Independent Solutions Wealth Management LLC increased its holdings in Texas Instruments by 0.
6% during the 3rd quarter. Independent Solutions Wealth Management LLC now owns 12,441 shares of the semiconductor company’s stock worth $2,570,000 after purchasing an additional 72 shares in the last quarter. Oddo BHF Asset Management Sas bought a new position in Texas Instruments during the 3rd quarter worth about $10,011,000.
Franklin Resources Inc. raised its stake in shares of Texas Instruments by 0.8% in the 3rd quarter.
Franklin Resources Inc. now owns 7,025,965 shares of the semiconductor company’s stock valued at $1,466,003,000 after purchasing an additional 55,690 shares during the period. Finally, Peapack Gladstone Financial Corp lifted its holdings in shares of Texas Instruments by 0.
4% in the third quarter. Peapack Gladstone Financial Corp now owns 51,555 shares of the semiconductor company’s stock valued at $10,651,000 after purchasing an additional 218 shares in the last quarter. Institutional investors and hedge funds own 84.
99% of the company’s stock. Texas Instruments Price Performance NASDAQ:TXN opened at $186.95 on Friday.
The company has a market cap of $170.54 billion, a P/E ratio of 34.75, a P/E/G ratio of 4.
19 and a beta of 0.97. The company has a debt-to-equity ratio of 0.
74, a current ratio of 4.31 and a quick ratio of 3.14.
Texas Instruments Incorporated has a one year low of $155.46 and a one year high of $220.38.
The firm’s fifty day moving average price is $198.57 and its two-hundred day moving average price is $199.84.
Texas Instruments Increases Dividend The company also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st were issued a dividend of $1.36 per share.
The ex-dividend date of this dividend was Thursday, October 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.
91%. This is an increase from Texas Instruments’s previous quarterly dividend of $1.30.
Texas Instruments’s dividend payout ratio (DPR) is currently 101.12%. Insider Activity In other Texas Instruments news, Director Robert E.
Sanchez sold 9,990 shares of Texas Instruments stock in a transaction on Friday, October 25th. The stock was sold at an average price of $208.80, for a total value of $2,085,912.
00. Following the completion of the transaction, the director now directly owns 20,461 shares of the company’s stock, valued at $4,272,256.80.
The trade was a 32.81 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website .
Also, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.
87. Following the sale, the director now owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59.
The trade was a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
0.68% of the stock is currently owned by company insiders. Analyst Ratings Changes TXN has been the subject of a number of research reports.
Mizuho set a $200.00 price objective on Texas Instruments in a report on Friday, October 18th. Robert W.
Baird lowered their price objective on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd.
Rosenblatt Securities reissued a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a research report on Wednesday, October 23rd. Susquehanna decreased their target price on shares of Texas Instruments from $250.
00 to $240.00 and set a “positive” rating for the company in a research report on Monday, October 21st. Finally, Evercore ISI boosted their price target on shares of Texas Instruments from $268.
00 to $298.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the company’s stock.
According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $210.05. Check Out Our Latest Report on TXN 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. Recommended Stories Want to see what other hedge funds are holding TXN? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Texas Instruments Incorporated ( NASDAQ:TXN – Free Report ). 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 .
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