MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $138.46 Million Stake in Texas Instruments Incorporated (NASDAQ:TXN)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 0.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 738,249 shares of the semiconductor company’s stock after purchasing an additional 1,384 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.08% of Texas Instruments worth $138,457,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in TXN. HF Advisory Group LLC lifted its position in shares of Texas Instruments by 0.6% during the 4th quarter. HF Advisory Group LLC now owns 8,544 shares of the semiconductor company’s stock worth $1,602,000 after purchasing an additional 52 shares during the last quarter. Blossom Wealth Management grew its stake in shares of Texas Instruments by 5.1% in the fourth quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company’s stock worth $213,000 after acquiring an additional 55 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management grew its stake in shares of Texas Instruments by 1.8% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company’s stock worth $598,000 after acquiring an additional 56 shares during the last quarter. OLD Second National Bank of Aurora grew its stake in shares of Texas Instruments by 11.1% in the fourth quarter. OLD Second National Bank of Aurora now owns 572 shares of the semiconductor company’s stock worth $107,000 after acquiring an additional 57 shares during the last quarter. Finally, Voya Financial Advisors Inc. grew its stake in shares of Texas Instruments by 1.6% in the fourth quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company’s stock worth $686,000 after acquiring an additional 58 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Stock Up 4.0%

Shares of Texas Instruments stock opened at $172.27 on Monday. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year high of $220.39. The business has a 50-day moving average of $167.29 and a two-hundred day moving average of $184.96. The company has a market capitalization of $156.50 billion, a P/E ratio of 33.19, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.22. The firm had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The business’s revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.10 earnings per share. As a group, equities analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th will be issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 3.16%. The ex-dividend date is Wednesday, April 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 103.23%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Seaport Res Ptn raised Texas Instruments to a “strong sell” rating in a report on Wednesday, April 30th. Truist Financial decreased their price objective on Texas Instruments from $195.00 to $171.00 and set a “hold” rating on the stock in a report on Thursday, April 24th. Mizuho set a $170.00 price objective on Texas Instruments in a report on Thursday, April 24th. UBS Group dropped their price objective on shares of Texas Instruments from $225.00 to $215.00 and set a “buy” rating for the company in a research note on Thursday, April 24th. Finally, Summit Insights cut shares of Texas Instruments from a “buy” rating to a “hold” rating in a research note on Thursday, April 24th. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Texas Instruments presently has an average rating of “Hold” and an average price target of $189.41.

Insider Buying and Selling at Texas Instruments

In related news, Director Janet F. Clark sold 6,065 shares of the company’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the sale, the director now owns 10,816 shares in the company, valued at approximately $2,202,353.92. This represents a 35.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the company’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $197.69, for a total value of $19,175,930.00. Following the sale, the chairman now owns 409,089 shares in the company, valued at $80,872,804.41. The trade was a 19.17% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 297,065 shares of company stock worth $59,734,685. Corporate insiders own 0.57% of the company’s stock.

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.