Lowe Brockenbrough & Co. Inc. raised its position in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 60.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,859 shares of the semiconductor company’s stock after purchasing an additional 2,216 shares during the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in Texas Instruments were worth $1,016,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Strategic Wealth Investment Group LLC bought a new position in Texas Instruments in the second quarter valued at about $25,000. High Point Wealth Management LLC bought a new position in Texas Instruments in the fourth quarter valued at about $25,000. Ares Financial Consulting LLC bought a new position in Texas Instruments in the fourth quarter valued at about $26,000. Tucker Asset Management LLC bought a new position in Texas Instruments in the fourth quarter valued at about $29,000. Finally, Nvest Wealth Strategies Inc. bought a new position in shares of Texas Instruments during the fourth quarter worth about $33,000. 84.99% of the stock is currently owned by institutional investors.
Texas Instruments Trading Down 6.7%
NASDAQ TXN opened at $285.06 on Friday. The business has a 50 day simple moving average of $261.65 and a 200 day simple moving average of $216.44. Texas Instruments Incorporated has a one year low of $152.73 and a one year high of $331.51. The stock has a market capitalization of $259.43 billion, a P/E ratio of 48.81, a P/E/G ratio of 1.43 and a beta of 1.32. The company has a debt-to-equity ratio of 0.77, a current ratio of 4.46 and a quick ratio of 2.94.
Texas Instruments Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 19th. Investors of record on Tuesday, May 5th were paid a dividend of $1.42 per share. The ex-dividend date of this dividend was Tuesday, May 5th. This represents a $5.68 annualized dividend and a yield of 2.0%. Texas Instruments’s dividend payout ratio (DPR) is currently 97.26%.
Insider Buying and Selling at Texas Instruments
In related news, VP Ahmad Bahai sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $309.13, for a total transaction of $1,545,650.00. Following the completion of the sale, the vice president owned 42,519 shares of the company’s stock, valued at $13,143,898.47. This trade represents a 10.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Carrie Smith Cox sold 8,838 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $306.41, for a total value of $2,708,051.58. Following the sale, the director directly owned 37,626 shares of the company’s stock, valued at $11,528,982.66. This represents a 19.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 303,475 shares of company stock valued at $85,666,638 over the last ninety days. Insiders own 0.60% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on TXN shares. Susquehanna restated a “positive” rating and set a $300.00 price objective on shares of Texas Instruments in a research report on Thursday, April 23rd. Stifel Nicolaus set a $340.00 price objective on Texas Instruments in a research report on Friday, May 15th. Mizuho raised their price objective on Texas Instruments from $255.00 to $300.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 19th. Cantor Fitzgerald restated a “neutral” rating on shares of Texas Instruments in a research report on Friday, May 29th. Finally, Sanford C. Bernstein started coverage on Texas Instruments in a research report on Friday, May 22nd. They set a “market perform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $265.57.
View Our Latest Analysis on Texas Instruments
About Texas Instruments
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.
Featured Stories
- Five stocks we like better than Texas Instruments
- Samsara Just Answered The AI Question—Is Wall Street Ready To Listen?
- IREN’s 800MW Bet Flips the AI Power Switch
- CrowdStrike Earnings Beat Sparks Selloff—Buy the Dip?
- Tesla’s EV Rebound Leaves Rivian and Lucid Facing a Tougher Investor Test
Want to see what other hedge funds are holding TXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Instruments Incorporated (NASDAQ:TXN – Free Report).
Receive News & Ratings for Texas Instruments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Instruments and related companies with MarketBeat.com's FREE daily email newsletter.
