Texas Instruments Incorporated (NASDAQ:TXN) Shares Purchased by Cwm LLC

Cwm LLC boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 14.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,388 shares of the semiconductor company’s stock after buying an additional 9,272 shares during the period. Cwm LLC’s holdings in Texas Instruments were worth $12,851,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Texas Instruments by 0.5% during the third quarter. Vanguard Group Inc. now owns 88,862,201 shares of the semiconductor company’s stock valued at $14,129,979,000 after purchasing an additional 458,853 shares during the period. State Street Corp increased its holdings in shares of Texas Instruments by 1.9% during the first quarter. State Street Corp now owns 37,818,973 shares of the semiconductor company’s stock valued at $7,034,694,000 after purchasing an additional 721,775 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in shares of Texas Instruments by 4.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 18,893,821 shares of the semiconductor company’s stock valued at $2,986,123,000 after purchasing an additional 839,964 shares during the period. Morgan Stanley increased its holdings in shares of Texas Instruments by 54.4% during the fourth quarter. Morgan Stanley now owns 14,735,331 shares of the semiconductor company’s stock valued at $2,434,572,000 after purchasing an additional 5,191,426 shares during the period. Finally, Northern Trust Corp increased its holdings in shares of Texas Instruments by 2.9% during the third quarter. Northern Trust Corp now owns 11,095,428 shares of the semiconductor company’s stock valued at $1,764,284,000 after purchasing an additional 315,302 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Stock Down 2.4 %

TXN stock opened at $159.68 on Monday. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $188.12. The company has a market cap of $145.32 billion, a PE ratio of 22.62, a price-to-earnings-growth ratio of 3.44 and a beta of 1.04. The business’s 50-day simple moving average is $168.10 and its 200 day simple moving average is $161.78. The company has a quick ratio of 3.35, a current ratio of 4.55 and a debt-to-equity ratio of 0.63.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Monday, January 22nd. The semiconductor company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.46 by $0.03. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. The firm had revenue of $4.08 billion during the quarter, compared to analysts’ expectations of $4.12 billion. During the same quarter last year, the company earned $2.13 earnings per share. The company’s revenue for the quarter was down 12.7% compared to the same quarter last year. On average, research analysts anticipate that Texas Instruments Incorporated will post 5.16 earnings per share for the current year.

Insider Activity

In other news, Director Mark A. Blinn sold 1,744 shares of Texas Instruments stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total value of $278,778.40. Following the completion of the transaction, the director now owns 11,693 shares in the company, valued at $1,869,126.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.68% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on TXN. KeyCorp lifted their target price on Texas Instruments from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, January 24th. UBS Group raised Texas Instruments from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $170.00 to $195.00 in a report on Friday, January 19th. Evercore ISI initiated coverage on Texas Instruments in a research report on Tuesday, April 16th. They issued an “outperform” rating and a $213.00 price target for the company. Rosenblatt Securities reiterated a “buy” rating and issued a $190.00 price target on shares of Texas Instruments in a research report on Tuesday, January 23rd. Finally, Mizuho decreased their price target on Texas Instruments from $170.00 to $164.00 and set a “neutral” rating for the company in a research report on Wednesday, January 24th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $176.68.

Texas Instruments 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.