Generali Investments Management Co LLC Buys Shares of 7,102 Texas Instruments Incorporated (NASDAQ:TXN)

Generali Investments Management Co LLC bought a new stake in Texas Instruments Incorporated (NASDAQ:TXN) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 7,102 shares of the semiconductor company’s stock, valued at approximately $1,332,000.

Several other large investors have also recently bought and sold shares of the company. Vinva Investment Management Ltd acquired a new stake in shares of Texas Instruments during the fourth quarter worth $1,661,000. North Forty Two & Co. acquired a new stake in shares of Texas Instruments during the fourth quarter worth $666,000. Brooklyn FI LLC acquired a new stake in shares of Texas Instruments during the fourth quarter worth $959,000. ProVise Management Group LLC raised its holdings in shares of Texas Instruments by 1.7% during the fourth quarter. ProVise Management Group LLC now owns 9,715 shares of the semiconductor company’s stock worth $1,822,000 after acquiring an additional 161 shares during the period. Finally, Enhancing Capital LLC acquired a new stake in shares of Texas Instruments during the fourth quarter worth $2,438,000. Institutional investors own 84.99% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Barclays dropped their price objective on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a report on Friday, January 24th. Benchmark reaffirmed a “buy” rating and issued a $230.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Mizuho decreased their target price on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research report on Friday, January 24th. Finally, Truist Financial decreased their target price on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $209.20.

Texas Instruments Price Performance

Shares of Texas Instruments stock opened at $179.45 on Wednesday. Texas Instruments Incorporated has a twelve month low of $159.11 and a twelve month high of $220.39. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The company has a 50-day simple moving average of $188.11 and a two-hundred day simple moving average of $195.82. The stock has a market capitalization of $163.28 billion, a price-to-earnings ratio of 34.58, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating the consensus estimate of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same period in the previous year, the firm posted $1.49 earnings per share. Analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were given a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 3.03%. The ex-dividend date was Friday, January 31st. Texas Instruments’s payout ratio is presently 104.82%.

Insider Activity

In other news, Director Mark A. Blinn sold 590 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the transaction, the director now directly owns 11,717 shares in the company, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the completion of the transaction, the director now owns 10,816 shares of the company’s stock, valued at $2,202,353.92. The trade was a 35.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 297,655 shares of company stock worth $59,841,304. 0.57% of the stock is currently owned by corporate insiders.

Texas Instruments Company Profile

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.