Texas Instruments Incorporated (NASDAQ:TXN) Stake Reduced by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. cut its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 86,333 shares of the semiconductor company’s stock after selling 1,067 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Texas Instruments were worth $16,188,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. R Squared Ltd bought a new stake in Texas Instruments in the fourth quarter worth about $135,000. Deane Retirement Strategies Inc. raised its position in Texas Instruments by 1.5% in the fourth quarter. Deane Retirement Strategies Inc. now owns 15,645 shares of the semiconductor company’s stock worth $2,934,000 after acquiring an additional 237 shares in the last quarter. Twelve Points Wealth Management LLC raised its position in Texas Instruments by 13.1% in the fourth quarter. Twelve Points Wealth Management LLC now owns 15,604 shares of the semiconductor company’s stock worth $2,926,000 after acquiring an additional 1,804 shares in the last quarter. Capital Investment Counsel LLC raised its position in Texas Instruments by 0.5% in the fourth quarter. Capital Investment Counsel LLC now owns 29,738 shares of the semiconductor company’s stock worth $5,576,000 after acquiring an additional 135 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC raised its holdings in Texas Instruments by 3.8% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 3,993 shares of the semiconductor company’s stock worth $749,000 after buying an additional 145 shares during the period. 84.99% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on TXN. Wells Fargo & Company cut their price objective on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Summit Insights upgraded Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Bank of America cut their price objective on Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Barclays cut their price objective on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a report on Friday, January 24th. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $200.00 price objective on shares of Texas Instruments in a report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Texas Instruments has a consensus rating of “Hold” and a consensus target price of $209.20.

Insider Transactions at Texas Instruments

In related news, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $203.33, for a total value of $2,142,894.87. Following the transaction, the director now owns 14,323 shares in the company, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.68% of the company’s stock.

Texas Instruments Stock Down 0.4 %

Shares of Texas Instruments stock opened at $184.61 on Friday. The stock has a market capitalization of $168.40 billion, a P/E ratio of 35.57, a PEG ratio of 2.87 and a beta of 0.98. 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 stock has a 50 day moving average price of $191.95 and a two-hundred day moving average price of $198.96. Texas Instruments Incorporated has a 12-month low of $155.46 and a 12-month high of $220.38.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same quarter in the previous year, the company earned $1.49 earnings per share. Equities analysts expect that Texas Instruments Incorporated will post 5.42 earnings per share for the current year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be given a dividend of $1.36 per share. The ex-dividend date is Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.95%. Texas Instruments’s payout ratio is currently 104.82%.

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.