Capital Research Global Investors Has $491.66 Million Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Capital Research Global Investors lifted its holdings in Texas Instruments Incorporated (NASDAQ:TXNGet Rating) by 0.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,679,636 shares of the semiconductor company’s stock after purchasing an additional 299 shares during the period. Capital Research Global Investors owned 0.29% of Texas Instruments worth $491,660,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TXN. Capital International Investors raised its position in shares of Texas Instruments by 2.1% during the first quarter. Capital International Investors now owns 5,694,484 shares of the semiconductor company’s stock valued at $1,044,975,000 after buying an additional 117,177 shares during the last quarter. Magnolia Wealth Management LLC acquired a new position in shares of Texas Instruments during the first quarter valued at about $1,392,000. Orion Portfolio Solutions LLC raised its position in shares of Texas Instruments by 6.6% during the first quarter. Orion Portfolio Solutions LLC now owns 13,411 shares of the semiconductor company’s stock valued at $2,461,000 after buying an additional 830 shares during the last quarter. Golden State Equity Partners raised its position in shares of Texas Instruments by 9.9% during the first quarter. Golden State Equity Partners now owns 1,198 shares of the semiconductor company’s stock valued at $226,000 after buying an additional 108 shares during the last quarter. Finally, Baader Bank INC raised its position in shares of Texas Instruments by 4.1% during the first quarter. Baader Bank INC now owns 12,750 shares of the semiconductor company’s stock valued at $2,340,000 after buying an additional 500 shares during the last quarter. Institutional investors and hedge funds own 83.72% of the company’s stock.

Insiders Place Their Bets

In other Texas Instruments news, VP Mark T. Roberts sold 2,048 shares of the stock in a transaction on Monday, August 1st. The shares were sold at an average price of $177.50, for a total value of $363,520.00. Following the sale, the vice president now directly owns 28,475 shares in the company, valued at $5,054,312.50. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, VP Mark T. Roberts sold 2,048 shares of the firm’s stock in a transaction on Monday, August 1st. The shares were sold at an average price of $177.50, for a total transaction of $363,520.00. Following the sale, the vice president now directly owns 28,475 shares in the company, valued at $5,054,312.50. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Pamela H. Patsley sold 12,299 shares of the firm’s stock in a transaction on Friday, July 29th. The stock was sold at an average price of $176.64, for a total transaction of $2,172,495.36. Following the sale, the director now owns 32,088 shares in the company, valued at $5,668,024.32. The disclosure for this sale can be found here. Over the last three months, insiders have sold 57,415 shares of company stock worth $10,241,311. Company insiders own 0.54% of the company’s stock.

Texas Instruments Trading Up 1.6 %

Shares of NASDAQ TXN opened at $165.26 on Thursday. The company’s 50 day simple moving average is $169.77 and its 200 day simple moving average is $169.76. Texas Instruments Incorporated has a fifty-two week low of $144.46 and a fifty-two week high of $202.26. The firm has a market capitalization of $151.00 billion, a P/E ratio of 18.08, a P/E/G ratio of 1.86 and a beta of 1.03. The company has a debt-to-equity ratio of 0.48, a current ratio of 5.09 and a quick ratio of 4.24.

Texas Instruments (NASDAQ:TXNGet Rating) last announced its quarterly earnings data on Tuesday, July 26th. The semiconductor company reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.07 by $0.38. Texas Instruments had a net margin of 43.78% and a return on equity of 64.02%. The business had revenue of $5.21 billion for the quarter, compared to analyst estimates of $4.53 billion. On average, analysts predict that Texas Instruments Incorporated will post 9.35 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 16th. Shareholders of record on Monday, August 1st were issued a $1.15 dividend. The ex-dividend date was Friday, July 29th. This represents a $4.60 annualized dividend and a yield of 2.78%. Texas Instruments’s dividend payout ratio (DPR) is presently 50.33%.

Analyst Upgrades and Downgrades

TXN has been the subject of a number of research analyst reports. StockNews.com lowered shares of Texas Instruments from a “buy” rating to a “hold” rating in a research report on Wednesday, September 7th. Sanford C. Bernstein upped their target price on shares of Texas Instruments to $175.00 and gave the company an “outperform” rating in a research note on Wednesday, July 27th. Morgan Stanley upped their target price on shares of Texas Instruments from $155.00 to $160.00 and gave the company an “underweight” rating in a research note on Wednesday, July 27th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Texas Instruments from $175.00 to $160.00 in a research note on Wednesday, July 20th. Finally, Citigroup upped their target price on shares of Texas Instruments from $160.00 to $165.00 and gave the company a “neutral” rating in a research note on Wednesday, July 27th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and a consensus target price of $182.19.

Texas Instruments Profile

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Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage supervisors, voltage references, and lighting products.

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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