Rakuten Investment Management Inc. Makes New Investment in Texas Instruments Incorporated $TXN

Rakuten Investment Management Inc. purchased a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 40,608 shares of the semiconductor company’s stock, valued at approximately $7,461,000.

A number of other hedge funds also recently added to or reduced their stakes in the company. Woodmont Investment Counsel LLC increased its holdings in shares of Texas Instruments by 2.9% in the 2nd quarter. Woodmont Investment Counsel LLC now owns 1,650 shares of the semiconductor company’s stock worth $343,000 after purchasing an additional 47 shares in the last quarter. Confluence Wealth Services Inc. boosted its position in shares of Texas Instruments by 0.4% during the second quarter. Confluence Wealth Services Inc. now owns 10,996 shares of the semiconductor company’s stock valued at $2,283,000 after buying an additional 48 shares during the last quarter. Milestone Asset Management LLC increased its holdings in Texas Instruments by 1.9% in the 2nd quarter. Milestone Asset Management LLC now owns 2,929 shares of the semiconductor company’s stock worth $608,000 after buying an additional 54 shares in the last quarter. Roundview Capital LLC raised its position in Texas Instruments by 0.3% in the 2nd quarter. Roundview Capital LLC now owns 21,327 shares of the semiconductor company’s stock worth $4,428,000 after buying an additional 55 shares during the last quarter. Finally, Cornerstone Advisory LLC lifted its stake in Texas Instruments by 2.4% during the 2nd quarter. Cornerstone Advisory LLC now owns 2,375 shares of the semiconductor company’s stock valued at $493,000 after acquiring an additional 55 shares during the period. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Texas Instruments Trading Up 2.5%

Shares of TXN stock opened at $194.41 on Thursday. The company has a debt-to-equity ratio of 0.81, a current ratio of 4.45 and a quick ratio of 2.90. The company has a market cap of $176.64 billion, a price-to-earnings ratio of 35.54, a PEG 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 firm has a fifty day moving average price of $176.48 and a 200-day moving average price of $183.14.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 earnings per share for the quarter, meeting the consensus estimate of $1.48. Texas Instruments had a return on equity of 30.41% and a net margin of 29.21%.The company had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.65 billion. During the same period in the previous year, the business earned $1.44 earnings per share. Texas Instruments’s quarterly revenue was up 14.2% compared to the same quarter last year. As a group, equities 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 disclosed a quarterly dividend, which will be paid on Tuesday, February 10th. Stockholders of record on Friday, January 30th will be given a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, January 30th. Texas Instruments’s payout ratio is presently 103.84%.

Wall Street Analysts Forecast Growth

TXN has been the subject of a number of research analyst reports. TD Cowen reiterated a “buy” rating on shares of Texas Instruments in a research note on Wednesday, October 22nd. Stifel Nicolaus raised their target price on shares of Texas Instruments from $170.00 to $200.00 and gave the stock a “hold” rating in a report on Friday, January 16th. Susquehanna decreased their target price on shares of Texas Instruments from $240.00 to $200.00 and set a “positive” rating for the company in a research note on Wednesday, October 22nd. UBS Group set a $245.00 price target on Texas Instruments and gave the company a “buy” rating in a report on Wednesday, October 22nd. Finally, Rosenblatt Securities cut their price objective on Texas Instruments from $245.00 to $200.00 and set a “buy” rating for the company in a report on Wednesday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have given a Hold rating and seven have given a Sell rating to the company’s stock. According to data from MarketBeat, Texas Instruments currently has a consensus rating of “Hold” and a consensus price target of $194.22.

Insider Buying and Selling

In related news, VP Christine Witzsche sold 1,000 shares of the business’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 completion of the transaction, the vice president directly owned 20,821 shares in the company, valued at approximately $3,421,098.51. The trade was a 4.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Ronald Kirk sold 9,990 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $162.33, for a total transaction of $1,621,676.70. Following the sale, the director owned 14,937 shares in the company, valued at approximately $2,424,723.21. The trade was a 40.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.57% of the company’s stock.

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.