Texas Instruments Incorporated $TXN Shares Bought by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI grew its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 121.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 78,847 shares of the semiconductor company’s stock after buying an additional 43,317 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Texas Instruments were worth $14,487,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new stake in Texas Instruments in the second quarter valued at about $2,836,310,000. Soundwatch Capital LLC raised its stake in shares of Texas Instruments by 174,339.6% during the 2nd quarter. Soundwatch Capital LLC now owns 2,974,196 shares of the semiconductor company’s stock worth $617,503,000 after buying an additional 2,972,491 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Texas Instruments by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 95,447,320 shares of the semiconductor company’s stock valued at $19,816,773,000 after buying an additional 1,426,360 shares during the period. Corient Private Wealth LLC boosted its stake in shares of Texas Instruments by 94.9% in the second quarter. Corient Private Wealth LLC now owns 2,517,451 shares of the semiconductor company’s stock valued at $522,559,000 after buying an additional 1,225,524 shares in the last quarter. Finally, State Street Corp grew its holdings in Texas Instruments by 2.6% during the second quarter. State Street Corp now owns 43,325,014 shares of the semiconductor company’s stock worth $8,995,139,000 after acquiring an additional 1,084,364 shares during the period. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Down 0.9%

TXN stock opened at $193.31 on Friday. 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’s 50 day simple moving average is $177.82 and its 200-day simple moving average is $182.84. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $221.69. The firm has a market capitalization of $175.65 billion, a PE ratio of 35.34, a P/E/G ratio of 3.07 and a beta of 1.00.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 10th. Shareholders of record on Friday, January 30th will be given a dividend of $1.42 per share. The ex-dividend date of this dividend is Friday, January 30th. This represents a $5.68 annualized dividend and a yield of 2.9%. Texas Instruments’s dividend payout ratio (DPR) is presently 103.84%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Wells Fargo & Company raised their target price on Texas Instruments from $170.00 to $185.00 and gave the company an “equal weight” rating in a report on Thursday, January 15th. TD Cowen reaffirmed a “buy” rating on shares of Texas Instruments in a report on Wednesday, October 22nd. Susquehanna lifted their price target on shares of Texas Instruments from $200.00 to $225.00 and gave the company a “positive” rating in a research report on Thursday. JPMorgan Chase & Co. lowered their price target on Texas Instruments from $225.00 to $210.00 and set an “overweight” rating on the stock in a report on Wednesday, October 22nd. Finally, Truist Financial raised their price objective on Texas Instruments from $175.00 to $195.00 and gave the company a “hold” rating in a research note on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat.com, Texas Instruments presently has a consensus rating of “Hold” and an average target price of $195.12.

Insiders Place Their Bets

In related news, VP Christine Witzsche sold 1,000 shares of the business’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $164.31, for a total value of $164,310.00. Following the completion of the transaction, the vice president owned 20,821 shares of the company’s stock, valued at approximately $3,421,098.51. The trade was a 4.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Ronald Kirk sold 9,990 shares of the company’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $162.33, for a total transaction of $1,621,676.70. Following the completion of the transaction, the director owned 14,937 shares in the company, valued at approximately $2,424,723.21. This trade represents a 40.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.57% of the company’s stock.

Texas Instruments Company 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.