Commerzbank Aktiengesellschaft FI Increases Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Commerzbank Aktiengesellschaft FI boosted its position in Texas Instruments Incorporated (NASDAQ:TXN) by 32.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 37,363 shares of the semiconductor company’s stock after purchasing an additional 9,114 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Texas Instruments were worth $7,718,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Norwood Financial Corp acquired a new stake in Texas Instruments during the 1st quarter worth about $32,000. Tsfg LLC raised its position in Texas Instruments by 82.0% during the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 82 shares in the last quarter. Tradewinds Capital Management LLC raised its position in Texas Instruments by 71.1% during the first quarter. Tradewinds Capital Management LLC now owns 243 shares of the semiconductor company’s stock valued at $42,000 after acquiring an additional 101 shares in the last quarter. McClarren Financial Advisors Inc. acquired a new stake in shares of Texas Instruments during the 3rd quarter worth approximately $43,000. Finally, Kathleen S. Wright Associates Inc. purchased a new position in shares of Texas Instruments during the 1st quarter valued at approximately $44,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Transactions at Texas Instruments

In related news, CEO Haviv Ilan sold 1,200 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $209.44, for a total value of $251,328.00. Following the transaction, the chief executive officer now directly owns 158,676 shares in the company, valued at approximately $33,233,101.44. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Texas Instruments news, CEO Haviv Ilan sold 1,200 shares of the company’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $209.44, for a total value of $251,328.00. Following the transaction, the chief executive officer now owns 158,676 shares of the company’s stock, valued at $33,233,101.44. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Shanon J. Leonard sold 2,816 shares of Texas Instruments stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $208.91, for a total transaction of $588,290.56. Following the sale, the vice president now owns 24,112 shares of the company’s stock, valued at approximately $5,037,237.92. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,558 shares of company stock worth $3,255,323 in the last 90 days. Insiders own 0.68% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Benchmark restated a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research report on Wednesday. The Goldman Sachs Group lifted their price target on Texas Instruments from $157.00 to $176.00 and gave the company a “sell” rating in a research note on Wednesday, July 24th. Deutsche Bank Aktiengesellschaft increased their price target on Texas Instruments from $160.00 to $185.00 and gave the stock a “hold” rating in a research report on Wednesday, July 24th. Cantor Fitzgerald cut their price objective on Texas Instruments from $210.00 to $200.00 and set a “neutral” rating for the company in a research report on Tuesday, October 8th. Finally, Summit Insights upgraded Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and a consensus price target of $206.95.

Texas Instruments Trading Up 4.3 %

Shares of Texas Instruments stock opened at $202.25 on Wednesday. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $214.66. The company has a debt-to-equity ratio of 0.75, a current ratio of 4.62 and a quick ratio of 3.49. The stock has a market cap of $184.66 billion, a P/E ratio of 34.55, a P/E/G ratio of 4.32 and a beta of 0.98. The stock’s 50 day simple moving average is $203.31 and its 200-day simple moving average is $194.94.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping the consensus estimate of $1.38 by $0.09. Texas Instruments had a return on equity of 31.10% and a net margin of 33.01%. The business had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.12 billion. During the same quarter in the previous year, the firm earned $1.80 EPS. The company’s quarterly revenue was down 8.4% compared to the same quarter last year. Analysts predict that Texas Instruments Incorporated will post 5.11 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st will be paid a $1.36 dividend. This is a boost from Texas Instruments’s previous quarterly dividend of $1.30. The ex-dividend date is Thursday, October 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.69%. Texas Instruments’s dividend payout ratio is 90.28%.

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.