Migdal Insurance & Financial Holdings Ltd. Boosts Stake in Texas Instruments Incorporated $TXN

Migdal Insurance & Financial Holdings Ltd. boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 339.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 5,948 shares of the semiconductor company’s stock after purchasing an additional 4,594 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in Texas Instruments were worth $1,093,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Strategic Wealth Investment Group LLC acquired a new stake in shares of Texas Instruments in the second quarter valued at $25,000. Pacifica Partners Inc. boosted its holdings in Texas Instruments by 85.2% during the 3rd quarter. Pacifica Partners Inc. now owns 150 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 69 shares during the period. Grey Fox Wealth Advisors LLC purchased a new position in Texas Instruments during the 3rd quarter valued at about $29,000. Osterweis Capital Management Inc. grew its position in Texas Instruments by 1,810.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 191 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 181 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd increased its stake in Texas Instruments by 69.9% during the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 192 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 79 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Texas Instruments

In related news, VP Christine Witzsche sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $164.31, for a total transaction of $164,310.00. Following the transaction, the vice president owned 20,821 shares in the company, valued at $3,421,098.51. This trade represents a 4.58% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Ronald Kirk sold 9,990 shares of Texas Instruments stock in a transaction on Monday, November 24th. The shares were sold at an average price of $162.33, for a total transaction of $1,621,676.70. Following the completion of the transaction, the director directly owned 14,937 shares in the company, valued at $2,424,723.21. The trade was a 40.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.57% of the stock is owned by corporate insiders.

Texas Instruments Stock Up 2.5%

Shares of NASDAQ TXN opened at $194.41 on Thursday. The business has a 50-day moving average of $176.48 and a two-hundred day moving average of $183.14. The company has a market capitalization of $176.64 billion, a price-to-earnings ratio of 35.54, a price-to-earnings-growth ratio of 3.05 and a beta of 1.00. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year high of $221.69. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.45 and a quick ratio of 2.90.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share for the quarter, hitting the consensus estimate of $1.48. The business had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.65 billion. Texas Instruments had a return on equity of 30.41% and a net margin of 29.21%.The business’s quarterly revenue was up 14.2% on a year-over-year basis. During the same quarter last year, the company earned $1.44 EPS. On average, analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 10th. Investors of record on Friday, January 30th will be paid a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, January 30th. Texas Instruments’s dividend payout ratio (DPR) is currently 103.84%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on TXN shares. Weiss Ratings reissued a “hold (c)” rating on shares of Texas Instruments in a research note on Monday, December 29th. UBS Group set a $245.00 price target on shares of Texas Instruments and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Mizuho set a $145.00 price target on shares of Texas Instruments in a research note on Wednesday, October 22nd. Citigroup reiterated a “buy” rating on shares of Texas Instruments in a research note on Thursday, January 15th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $190.00 target price on shares of Texas Instruments in a report on Tuesday, December 16th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, nine have given a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $194.22.

Texas Instruments Profile

Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.

TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.