Texas Instruments Incorporated (TXN) Stake Held by Zevin Asset Management LLC

Zevin Asset Management LLC continued to hold its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) during the first quarter, Holdings Channel reports. The institutional investor owned 3,692 shares of the semiconductor company’s stock at the end of the first quarter. Zevin Asset Management LLC’s holdings in Texas Instruments were worth $297,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Capital Guardian Trust Co. boosted its stake in shares of Texas Instruments by 6.4% in the fourth quarter. Capital Guardian Trust Co. now owns 1,916,061 shares of the semiconductor company’s stock worth $139,815,000 after buying an additional 115,471 shares during the period. CENTRAL TRUST Co boosted its stake in shares of Texas Instruments by 0.3% in the first quarter. CENTRAL TRUST Co now owns 33,608 shares of the semiconductor company’s stock worth $2,707,000 after buying an additional 90 shares during the period. Numeric Investors LLC acquired a new stake in shares of Texas Instruments during the fourth quarter worth $219,000. Tudor Investment Corp Et Al acquired a new stake in shares of Texas Instruments during the fourth quarter worth $2,023,000. Finally, Manning & Napier Advisors LLC boosted its stake in shares of Texas Instruments by 4.9% in the first quarter. Manning & Napier Advisors LLC now owns 155,157 shares of the semiconductor company’s stock worth $12,498,000 after buying an additional 7,293 shares during the period. 85.07% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

Shares of Texas Instruments Incorporated (NASDAQ:TXN) opened at 81.42 on Tuesday. The company’s 50-day moving average is $80.71 and its 200 day moving average is $77.99. Texas Instruments Incorporated has a 1-year low of $58.61 and a 1-year high of $84.65. The firm has a market cap of $81.12 billion, a price-to-earnings ratio of 21.67 and a beta of 1.16.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Tuesday, April 25th. The semiconductor company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.06. Texas Instruments had a net margin of 27.54% and a return on equity of 34.50%. The business had revenue of $3.40 billion for the quarter, compared to analyst estimates of $3.31 billion. During the same period in the previous year, the business earned $0.65 EPS. The firm’s revenue was up 13.1% on a year-over-year basis. On average, equities research analysts expect that Texas Instruments Incorporated will post $3.93 EPS for the current fiscal year.

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A number of analysts recently weighed in on TXN shares. Rosenblatt Securities started coverage on shares of Texas Instruments in a research report on Wednesday, February 22nd. They set a “buy” rating and a $90.00 price target for the company. Vetr cut shares of Texas Instruments from a “strong-buy” rating to a “buy” rating and set a $89.16 price target for the company. in a research report on Monday, March 13th. Bank of America Corporation reaffirmed a “buy” rating and set a $92.00 price target on shares of Texas Instruments in a research report on Tuesday, March 14th. Macquarie started coverage on shares of Texas Instruments in a research report on Thursday, March 30th. They set a “neutral” rating and a $82.00 price target for the company. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $84.00 price target on shares of Texas Instruments in a research report on Monday, April 3rd. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company. The stock has an average rating of “Hold” and an average target price of $82.10.

In related news, insider Niels Anderskouv sold 32,420 shares of Texas Instruments stock in a transaction dated Friday, May 12th. The shares were sold at an average price of $80.61, for a total transaction of $2,613,376.20. Following the completion of the transaction, the insider now directly owns 102,028 shares of the company’s stock, valued at approximately $8,224,477.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Pamela H. Patsley sold 7,000 shares of Texas Instruments stock in a transaction dated Thursday, April 27th. The shares were sold at an average price of $80.55, for a total transaction of $563,850.00. Following the transaction, the director now directly owns 35,296 shares of the company’s stock, valued at $2,843,092.80. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 323,780 shares of company stock worth $26,093,457. 0.96% of the stock is owned by company insiders.

Texas Instruments Company Profile

Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. As of December 31, 2016, the Company had design, manufacturing or sales operations in more than 30 countries.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:TXN”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Want to see what other hedge funds are holding TXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Instruments Incorporated (NASDAQ:TXN).

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