OMERS ADMINISTRATION Corp lifted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 10.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,862 shares of the semiconductor company’s stock after acquiring an additional 9,400 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Texas Instruments were worth $16,978,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Strategic Wealth Investment Group LLC bought a new stake in shares of Texas Instruments during the second quarter worth $25,000. High Point Wealth Management LLC bought a new stake in shares of Texas Instruments during the fourth quarter worth $25,000. Advocate Investing Services LLC bought a new stake in shares of Texas Instruments during the fourth quarter worth $25,000. Ares Financial Consulting LLC bought a new stake in shares of Texas Instruments during the fourth quarter worth $26,000. Finally, Cornerstone Financial Management LLC bought a new stake in shares of Texas Instruments during the fourth quarter worth $27,000. Institutional investors own 84.99% of the company’s stock.
Texas Instruments Stock Performance
Shares of TXN stock opened at $313.34 on Tuesday. The stock has a market cap of $285.17 billion, a P/E ratio of 53.65, a P/E/G ratio of 1.51 and a beta of 1.32. The company has a debt-to-equity ratio of 0.77, a current ratio of 4.46 and a quick ratio of 2.94. The company has a fifty day moving average price of $274.01 and a two-hundred day moving average price of $222.67. Texas Instruments Incorporated has a one year low of $152.73 and a one year high of $331.51.
Texas Instruments Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, May 19th. Stockholders of record on Tuesday, May 5th were paid a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Tuesday, May 5th. Texas Instruments’s dividend payout ratio (DPR) is currently 97.26%.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on TXN shares. Citigroup increased their price objective on shares of Texas Instruments from $280.00 to $345.00 and gave the stock a “buy” rating in a research report on Monday. UBS Group increased their target price on shares of Texas Instruments from $260.00 to $295.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. KeyCorp upgraded shares of Texas Instruments from an “overweight” rating to a “sector weight” rating in a report on Friday, May 22nd. Weiss Ratings upgraded shares of Texas Instruments from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. increased their target price on shares of Texas Instruments from $227.00 to $280.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $269.61.
Read Our Latest Analysis on Texas Instruments
Insider Activity at Texas Instruments
In other news, CFO Rafael R. Lizardi sold 47,734 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $308.10, for a total transaction of $14,706,845.40. Following the completion of the sale, the chief financial officer owned 85,485 shares in the company, valued at approximately $26,337,928.50. This trade represents a 35.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Carrie Smith Cox sold 8,838 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $306.41, for a total transaction of $2,708,051.58. Following the sale, the director owned 37,626 shares of the company’s stock, valued at approximately $11,528,982.66. This represents a 19.02% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 303,475 shares of company stock worth $85,666,638 in the last quarter. 0.60% of the stock is owned by corporate insiders.
About Texas Instruments
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.
Featured Articles
- Five stocks we like better than Texas Instruments
- These 5 Companies Just Made a Massive Bet on Themselves
- 5 Stocks Built to Thrive in a Higher-for-Longer Economy
- RH’s Strong Q1 Still Leaves Investors With One Big Question
- Iran Ceasefire or Not, These 3 Companies Could Win
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.
