OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $469,000 Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 100.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,500 shares of the semiconductor company’s stock after buying an additional 1,250 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Texas Instruments were worth $469,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of TXN. Promus Capital LLC bought a new position in Texas Instruments during the 4th quarter worth approximately $25,000. Financial Life Planners acquired a new stake in shares of Texas Instruments during the fourth quarter worth $26,000. Retirement Wealth Solutions LLC bought a new position in Texas Instruments during the fourth quarter worth $27,000. Summit Securities Group LLC acquired a new position in Texas Instruments in the fourth quarter valued at $27,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in Texas Instruments during the fourth quarter valued at $28,000. 84.99% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Chairman Richard K. Templeton sold 97,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $197.69, for a total value of $19,175,930.00. Following the completion of the transaction, the chairman now directly owns 409,089 shares in the company, valued at approximately $80,872,804.41. This trade represents a 19.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Janet F. Clark sold 6,065 shares of the company’s stock in a transaction that occurred on 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 directly owns 10,816 shares in the company, valued at $2,202,353.92. This trade represents a 35.93% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 297,065 shares of company stock worth $59,734,685 in the last quarter. 0.57% of the stock is owned by company insiders.

Texas Instruments Trading Up 0.5%

Shares of TXN opened at $188.20 on Wednesday. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $220.39. The business has a 50-day moving average of $167.11 and a 200 day moving average of $184.84. The firm has a market cap of $170.97 billion, a P/E ratio of 36.26, 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 quick ratio of 2.88 and a current ratio of 4.12.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.22. The company 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 company’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.10 earnings per share. As a group, research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were issued a dividend of $1.36 per share. The ex-dividend date was Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a yield of 2.89%. Texas Instruments’s dividend payout ratio (DPR) is 103.23%.

Analyst Ratings Changes

TXN has been the topic of several research analyst reports. Robert W. Baird upgraded Texas Instruments from a “neutral” rating to an “outperform” rating and set a $175.00 target price on the stock in a research report on Monday, April 7th. Seaport Res Ptn raised Texas Instruments to a “strong sell” rating in a research note on Wednesday, April 30th. KeyCorp reduced their price objective on shares of Texas Instruments from $250.00 to $215.00 and set an “overweight” rating for the company in a research report on Thursday, April 24th. Cantor Fitzgerald lowered their price objective on shares of Texas Instruments from $200.00 to $170.00 and set a “neutral” rating for the company in a research note on Thursday, April 24th. Finally, Baird R W upgraded shares of Texas Instruments from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 7th. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and an average price target of $189.41.

Texas Instruments Company Profile

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.