Natixis Advisors LLC Has $130.08 Million Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Natixis Advisors LLC boosted its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 9.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 629,724 shares of the semiconductor company’s stock after buying an additional 56,237 shares during the period. Natixis Advisors LLC owned approximately 0.07% of Texas Instruments worth $130,082,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tsfg LLC grew its stake in shares of Texas Instruments by 82.0% during the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 82 shares during the period. Capital Performance Advisors LLP bought a new stake in shares of Texas Instruments in the 3rd quarter valued at about $39,000. McClarren Financial Advisors Inc. acquired a new stake in shares of Texas Instruments in the 3rd quarter valued at approximately $43,000. Friedenthal Financial bought a new position in Texas Instruments during the 2nd quarter worth approximately $50,000. Finally, Beacon Capital Management LLC grew its holdings in Texas Instruments by 42.1% during the first quarter. Beacon Capital Management LLC now owns 331 shares of the semiconductor company’s stock valued at $58,000 after purchasing an additional 98 shares during the period. 84.99% of the stock is owned by institutional investors.

Insider Buying and Selling at Texas Instruments

In related news, CAO Julie C. Knecht sold 7,764 shares of the company’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $209.49, for a total value of $1,626,480.36. Following the transaction, the chief accounting officer now directly owns 11,806 shares in the company, valued at approximately $2,473,238.94. This represents a 39.67 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robert E. Sanchez sold 9,990 shares of the firm’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the transaction, the director now directly owns 20,461 shares in the company, valued at approximately $4,272,256.80. This represents a 32.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 25,548 shares of company stock valued at $5,341,235 in the last three months. 0.68% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Texas Instruments from $160.00 to $185.00 and gave the stock a “hold” rating in a research report on Wednesday, July 24th. Barclays decreased their target price on Texas Instruments from $210.00 to $200.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 23rd. Truist Financial dropped their price target on Texas Instruments from $198.00 to $190.00 and set a “hold” rating on the stock in a research report on Wednesday, October 23rd. Benchmark reiterated a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a research report on Wednesday, October 23rd. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $200.00 price target on shares of Texas Instruments in a research note on Wednesday, October 23rd. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $206.95.

Texas Instruments Price Performance

NASDAQ:TXN opened at $201.12 on Friday. Texas Instruments Incorporated has a 12-month low of $150.81 and a 12-month high of $220.38. The firm has a market capitalization of $183.47 billion, a price-to-earnings ratio of 37.38, a P/E/G ratio of 4.50 and a beta of 0.99. The stock’s 50 day moving average price is $204.39 and its two-hundred day moving average price is $199.46. The company has a quick ratio of 3.14, a current ratio of 4.31 and a debt-to-equity ratio of 0.74.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.09. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. The business had revenue of $4.15 billion for the quarter, compared to analysts’ expectations of $4.12 billion. During the same quarter in the prior year, the business earned $1.80 EPS. The firm’s revenue for the quarter was down 8.4% on a year-over-year basis. On average, analysts anticipate that Texas Instruments Incorporated will post 5.08 earnings per share for the current year.

Texas Instruments Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Thursday, October 31st were paid a $1.36 dividend. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.70%. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.30. Texas Instruments’s dividend payout ratio is 101.12%.

About Texas Instruments

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.