AEGON ASSET MANAGEMENT UK Plc Sells 114,983 Shares of Texas Instruments Incorporated $TXN

AEGON ASSET MANAGEMENT UK Plc lowered its stake in shares of Texas Instruments Incorporated (NASDAQ:TXNFree Report) by 17.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 534,658 shares of the semiconductor company’s stock after selling 114,983 shares during the quarter. Texas Instruments accounts for 1.2% of AEGON ASSET MANAGEMENT UK Plc’s holdings, making the stock its 18th biggest holding. AEGON ASSET MANAGEMENT UK Plc owned approximately 0.06% of Texas Instruments worth $98,176,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Strategic Wealth Investment Group LLC bought a new position in Texas Instruments during the second quarter valued at $25,000. Pacifica Partners Inc. lifted its holdings in shares of Texas Instruments by 85.2% in the 3rd quarter. Pacifica Partners Inc. now owns 150 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 69 shares during the last quarter. Grey Fox Wealth Advisors LLC purchased a new position in shares of Texas Instruments during the 3rd quarter worth about $29,000. LGT Financial Advisors LLC grew its holdings in Texas Instruments by 328.9% during the 2nd quarter. LGT Financial Advisors LLC now owns 193 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 148 shares during the last quarter. Finally, Mid American Wealth Advisory Group Inc. bought a new position in Texas Instruments during the 2nd quarter valued at about $40,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Insider Buying and Selling at Texas Instruments

In related news, Director Ronald Kirk sold 9,990 shares of the company’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $162.33, for a total transaction of $1,621,676.70. Following the completion of the sale, the director directly owned 14,937 shares in the company, valued at $2,424,723.21. This represents a 40.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, VP Christine Witzsche sold 1,000 shares of Texas Instruments 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 in the company, valued at $3,421,098.51. This trade represents a 4.58% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.57% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

TXN has been the subject of several analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Texas Instruments in a research note on Monday, December 29th. Rosenblatt Securities decreased their price target on Texas Instruments from $245.00 to $200.00 and set a “buy” rating for the company in a research note on Wednesday, October 22nd. Robert W. Baird set a $195.00 price objective on Texas Instruments and gave the company an “outperform” rating in a report on Wednesday, October 22nd. Citigroup reaffirmed a “buy” rating on shares of Texas Instruments in a research report on Thursday, January 15th. Finally, The Goldman Sachs Group downgraded Texas Instruments from a “buy” rating to a “sell” rating and decreased their target price for the stock from $200.00 to $156.00 in a research report on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have given a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $195.12.

View Our Latest Stock Analysis on TXN

Texas Instruments Price Performance

Shares of TXN opened at $193.31 on Monday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.90 and a current ratio of 4.45. The company has a 50 day moving average price of $177.82 and a 200-day moving average price of $182.61. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $221.69. The stock has a market capitalization of $175.65 billion, a PE ratio of 35.34, a PEG ratio of 3.04 and a beta of 1.00.

Texas Instruments Dividend Announcement

The business also recently announced 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. This represents a $5.68 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Friday, January 30th. Texas Instruments’s dividend payout ratio (DPR) is 103.84%.

About Texas Instruments

(Free Report)

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.

See Also

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

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