Vanguard Personalized Indexing Management LLC Acquires 9,904 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Vanguard Personalized Indexing Management LLC raised its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 12.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 90,156 shares of the semiconductor company’s stock after purchasing an additional 9,904 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Texas Instruments were worth $17,529,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. increased its stake in shares of Texas Instruments by 0.6% during the first quarter. Vanguard Group Inc. now owns 90,572,576 shares of the semiconductor company’s stock valued at $15,778,648,000 after purchasing an additional 536,206 shares in the last quarter. Capital Research Global Investors increased its stake in shares of Texas Instruments by 4.7% during the first quarter. Capital Research Global Investors now owns 28,715,467 shares of the semiconductor company’s stock valued at $5,002,522,000 after purchasing an additional 1,279,828 shares in the last quarter. Van ECK Associates Corp increased its stake in shares of Texas Instruments by 6.2% during the second quarter. Van ECK Associates Corp now owns 5,955,353 shares of the semiconductor company’s stock valued at $1,158,495,000 after purchasing an additional 348,528 shares in the last quarter. FIL Ltd increased its stake in shares of Texas Instruments by 6.6% during the fourth quarter. FIL Ltd now owns 4,861,924 shares of the semiconductor company’s stock valued at $828,764,000 after purchasing an additional 301,735 shares in the last quarter. Finally, Fayez Sarofim & Co increased its position in shares of Texas Instruments by 2.5% during the first quarter. Fayez Sarofim & Co now owns 4,271,960 shares of the semiconductor company’s stock valued at $744,218,000 after acquiring an additional 104,806 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

Wall Street Analysts Forecast Growth

TXN has been the subject of several analyst reports. Benchmark reissued a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research report on Wednesday, July 24th. Morgan Stanley lifted their price target on shares of Texas Instruments from $150.00 to $156.00 and gave the stock an “underweight” rating in a research note on Thursday, July 11th. Cantor Fitzgerald restated a “neutral” rating and set a $210.00 target price on shares of Texas Instruments in a research note on Wednesday, August 21st. JPMorgan Chase & Co. lifted their price target on shares of Texas Instruments from $195.00 to $230.00 and gave the company an “overweight” rating in a report on Wednesday, July 24th. Finally, Rosenblatt Securities boosted their target price on shares of Texas Instruments from $210.00 to $250.00 and gave the stock a “buy” rating in a report on Monday, July 22nd. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and a consensus target price of $204.67.

Insider Buying and Selling

In other Texas Instruments news, VP Shanon J. Leonard sold 2,816 shares of Texas Instruments stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $208.91, for a total transaction of $588,290.56. Following the completion of the sale, the vice president now owns 24,112 shares of the company’s stock, valued at approximately $5,037,237.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Texas Instruments news, VP Shanon J. Leonard sold 2,816 shares of the firm’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $208.91, for a total value of $588,290.56. Following the sale, the vice president now directly owns 24,112 shares in the company, valued at approximately $5,037,237.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Julie C. Knecht sold 7,764 shares of the firm’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $209.49, for a total transaction of $1,626,480.36. Following the completion of the sale, the chief accounting officer now owns 11,806 shares in the company, valued at $2,473,238.94. The disclosure for this sale can be found here. In the last 90 days, insiders sold 15,558 shares of company stock valued at $3,255,323. Company insiders own 0.68% of the company’s stock.

Texas Instruments Stock Performance

Shares of TXN stock opened at $201.39 on Wednesday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 3.49 and a current ratio of 4.62. Texas Instruments Incorporated has a one year low of $139.48 and a one year high of $214.66. The company’s 50-day simple moving average is $200.66 and its 200-day simple moving average is $189.43. The stock has a market capitalization of $183.36 billion, a price-to-earnings ratio of 31.42, a PEG ratio of 4.26 and a beta of 0.99.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, July 23rd. The semiconductor company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.16 by $0.06. Texas Instruments had a net margin of 33.01% and a return on equity of 31.10%. The company had revenue of $3.82 billion for the quarter, compared to analyst estimates of $3.82 billion. During the same quarter last year, the business earned $1.87 earnings per share. Texas Instruments’s revenue was down 15.6% compared to the same quarter last year. Equities analysts anticipate that Texas Instruments Incorporated will post 5.11 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 13th. Investors of record on Wednesday, July 31st were paid a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date was Wednesday, July 31st. Texas Instruments’s dividend payout ratio is 81.12%.

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.