Intact Investment Management Inc. Purchases 10,400 Shares of Texas Instruments Incorporated $TXN

Intact Investment Management Inc. raised its position in Texas Instruments Incorporated (NASDAQ:TXN) by 17.9% during the third quarter, according to its most recent filing with the SEC. The firm owned 68,500 shares of the semiconductor company’s stock after purchasing an additional 10,400 shares during the period. Intact Investment Management Inc.’s holdings in Texas Instruments were worth $12,586,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of TXN. Brighton Jones LLC grew its stake in Texas Instruments by 33.4% during the fourth quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company’s stock worth $3,158,000 after purchasing an additional 4,218 shares during the period. Intech Investment Management LLC boosted its holdings in shares of Texas Instruments by 12.8% during the 1st quarter. Intech Investment Management LLC now owns 9,084 shares of the semiconductor company’s stock worth $1,632,000 after buying an additional 1,031 shares in the last quarter. ORG Partners LLC boosted its holdings in shares of Texas Instruments by 12.2% during the 2nd quarter. ORG Partners LLC now owns 1,640 shares of the semiconductor company’s stock worth $346,000 after buying an additional 178 shares in the last quarter. Blossom Wealth Management grew its position in shares of Texas Instruments by 24.1% during the 2nd quarter. Blossom Wealth Management now owns 1,560 shares of the semiconductor company’s stock worth $324,000 after buying an additional 303 shares during the period. Finally, James Hambro & Partners LLP increased its stake in shares of Texas Instruments by 5.7% in the 2nd quarter. James Hambro & Partners LLP now owns 542,401 shares of the semiconductor company’s stock valued at $112,567,000 after acquiring an additional 29,154 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

Analysts Set New Price Targets

TXN has been the topic of a number of research analyst reports. Wells Fargo & Company increased their price objective on shares of Texas Instruments from $170.00 to $185.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 15th. UBS Group set a $245.00 target price on shares of Texas Instruments and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Mizuho set a $145.00 target price on shares of Texas Instruments in a research report on Wednesday, October 22nd. Rosenblatt Securities cut their target price on Texas Instruments from $245.00 to $200.00 and set a “buy” rating on the stock in a research note on Wednesday, October 22nd. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $190.00 price target on shares of Texas Instruments in a research report on Tuesday, December 16th. 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, Texas Instruments has a consensus rating of “Hold” and an average price target of $195.12.

Texas Instruments Trading Down 0.9%

Shares of TXN stock opened at $193.31 on Monday. The company has a 50 day moving average of $177.82 and a 200-day moving average of $182.61. The company has a quick ratio of 2.90, a current ratio of 4.45 and a debt-to-equity ratio of 0.81. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $221.69. The firm has a market cap of $175.65 billion, a P/E ratio of 35.34, a PEG ratio of 3.04 and a beta of 1.00.

Texas Instruments Dividend Announcement

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

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 stock was sold at an average price of $164.31, for a total value of $164,310.00. Following the sale, the vice president directly owned 20,821 shares in the company, valued at approximately $3,421,098.51. The trade was a 4.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible 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 sale, the director directly 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 SEC filing for this sale provides additional information. 0.57% of the stock is owned by corporate insiders.

Texas Instruments 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.