Empowered Funds LLC Purchases 1,732 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Empowered Funds LLC boosted its position in shares of Texas Instruments Incorporated (NASDAQ:TXNGet Rating) by 34.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,724 shares of the semiconductor company’s stock after acquiring an additional 1,732 shares during the period. Empowered Funds LLC’s holdings in Texas Instruments were worth $1,040,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TXN. Price T Rowe Associates Inc. MD grew its holdings in Texas Instruments by 43.1% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 21,113,372 shares of the semiconductor company’s stock valued at $3,244,069,000 after buying an additional 6,363,962 shares in the last quarter. Franklin Resources Inc. grew its holdings in Texas Instruments by 18.0% during the 2nd quarter. Franklin Resources Inc. now owns 13,183,584 shares of the semiconductor company’s stock valued at $2,025,659,000 after buying an additional 2,014,373 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Texas Instruments by 13.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 14,638,302 shares of the semiconductor company’s stock valued at $2,685,836,000 after buying an additional 1,779,273 shares in the last quarter. Barclays PLC grew its holdings in Texas Instruments by 125.9% during the 3rd quarter. Barclays PLC now owns 3,093,266 shares of the semiconductor company’s stock valued at $478,775,000 after buying an additional 1,723,725 shares in the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its holdings in Texas Instruments by 182.1% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 1,628,890 shares of the semiconductor company’s stock valued at $252,120,000 after buying an additional 1,051,548 shares in the last quarter. Institutional investors own 83.12% of the company’s stock.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, VP Ahmad Bahai sold 1,109 shares of Texas Instruments stock in a transaction dated Friday, November 11th. The stock was sold at an average price of $180.01, for a total value of $199,631.09. Following the transaction, the vice president now owns 27,306 shares in the company, valued at $4,915,353.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Texas Instruments news, Director Janet F. Clark sold 9,990 shares of Texas Instruments stock in a transaction dated Wednesday, November 16th. The stock was sold at an average price of $175.16, for a total value of $1,749,848.40. Following the transaction, the director now owns 8,942 shares in the company, valued at $1,566,280.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Ahmad Bahai sold 1,109 shares of the business’s stock in a transaction dated Friday, November 11th. The stock was sold at an average price of $180.01, for a total value of $199,631.09. Following the sale, the vice president now owns 27,306 shares in the company, valued at approximately $4,915,353.06. The disclosure for this sale can be found here. 0.54% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. The Goldman Sachs Group cut their target price on shares of Texas Instruments to $153.00 in a report on Thursday, October 27th. Sanford C. Bernstein cut their target price on shares of Texas Instruments to $145.00 in a report on Thursday, October 27th. Morgan Stanley cut their target price on shares of Texas Instruments from $160.00 to $152.00 and set an “underweight” rating for the company in a report on Wednesday, October 26th. Truist Financial lifted their price objective on shares of Texas Instruments from $158.00 to $177.00 and gave the stock a “hold” rating in a research note on Monday. Finally, Credit Suisse Group lowered shares of Texas Instruments from an “outperform” rating to a “neutral” rating and lifted their price objective for the stock from $185.00 to $205.00 in a research note on Wednesday, November 16th. One equities research analyst has rated the stock with a sell rating, sixteen have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Texas Instruments has an average rating of “Hold” and an average target price of $177.96.

Texas Instruments Stock Performance

TXN stock opened at $177.04 on Wednesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 4.92 and a quick ratio of 4.06. The business has a 50-day moving average price of $172.92 and a 200 day moving average price of $168.62. The company has a market capitalization of $160.68 billion, a P/E ratio of 18.56, a PEG ratio of 2.41 and a beta of 1.02. Texas Instruments Incorporated has a 1-year low of $144.46 and a 1-year high of $191.34.

Texas Instruments (NASDAQ:TXNGet Rating) last released its quarterly earnings data on Tuesday, October 25th. The semiconductor company reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.37 by $0.08. The firm had revenue of $5.24 billion during the quarter, compared to the consensus estimate of $5.10 billion. Texas Instruments had a return on equity of 63.68% and a net margin of 44.21%. As a group, equities research analysts forecast that Texas Instruments Incorporated will post 9.23 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 14th. Shareholders of record on Tuesday, January 31st will be paid a $1.24 dividend. The ex-dividend date is Monday, January 30th. This represents a $4.96 annualized dividend and a yield of 2.80%. Texas Instruments’s dividend payout ratio (DPR) is presently 51.99%.

Texas Instruments Company Profile

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Texas Instruments Incorporated engages in the design, manufacture, test, and sale of analog and embedded semiconductors, which includes industrial, automotive, personal electronics, communications equipment, and enterprise systems. It operates through the following segments: Analog and Embedded Processing.

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

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