Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Janus Henderson Group PLC

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Janus Henderson Group PLC increased its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 0.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,856,423 shares of the semiconductor company’s stock after buying an additional 132,226 shares during the quarter. Texas Instruments comprises 1.0% of Janus Henderson Group PLC’s portfolio, making the stock its 10th largest position. Janus Henderson Group PLC owned about 1.70% of Texas Instruments worth $1,819,554,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of TXN. Meridian Wealth Management LLC lifted its holdings in Texas Instruments by 5.3% during the 2nd quarter. Meridian Wealth Management LLC now owns 1,708 shares of the semiconductor company’s stock worth $196,000 after buying an additional 86 shares during the last quarter. Coastline Trust Co lifted its holdings in Texas Instruments by 1.1% during the 2nd quarter. Coastline Trust Co now owns 8,505 shares of the semiconductor company’s stock worth $976,000 after buying an additional 90 shares during the last quarter. Culbertson A N & Co. Inc. lifted its holdings in shares of Texas Instruments by 0.3% in the 2nd quarter. Culbertson A N & Co. Inc. now owns 27,278 shares of the semiconductor company’s stock worth $3,130,000 after purchasing an additional 94 shares during the last quarter. Liberty Wealth Management LLC lifted its holdings in shares of Texas Instruments by 10.0% in the 2nd quarter. Liberty Wealth Management LLC now owns 1,070 shares of the semiconductor company’s stock worth $123,000 after purchasing an additional 97 shares during the last quarter. Finally, Warren Averett Asset Management LLC lifted its holdings in shares of Texas Instruments by 3.4% in the 1st quarter. Warren Averett Asset Management LLC now owns 3,042 shares of the semiconductor company’s stock worth $323,000 after purchasing an additional 100 shares during the last quarter. Institutional investors and hedge funds own 86.09% of the company’s stock.

Shares of Texas Instruments stock opened at $122.74 on Thursday. The stock has a market cap of $113.59 billion, a PE ratio of 22.65, a price-to-earnings-growth ratio of 2.30 and a beta of 1.25. The business has a fifty day simple moving average of $121.86 and a 200-day simple moving average of $113.33. The company has a quick ratio of 2.22, a current ratio of 3.01 and a debt-to-equity ratio of 0.54. Texas Instruments Incorporated has a 12 month low of $87.70 and a 12 month high of $130.37.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Tuesday, July 23rd. The semiconductor company reported $1.29 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.21 by $0.08. Texas Instruments had a return on equity of 57.25% and a net margin of 34.98%. The company had revenue of $3.67 billion for the quarter, compared to analyst estimates of $3.60 billion. During the same period last year, the company earned $1.37 earnings per share. The business’s revenue was down 8.7% compared to the same quarter last year. Analysts expect that Texas Instruments Incorporated will post 5.24 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, August 12th. Investors of record on Wednesday, July 31st were paid a dividend of $0.77 per share. The ex-dividend date of this dividend was Tuesday, July 30th. This represents a $3.08 annualized dividend and a yield of 2.51%. Texas Instruments’s dividend payout ratio is 56.83%.

TXN has been the topic of several recent research reports. Oppenheimer raised their price target on Texas Instruments from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Wednesday, July 24th. CIBC raised their target price on Texas Instruments from $120.00 to $130.00 and gave the company an “outperform” rating in a research report on Wednesday, July 24th. BidaskClub upgraded Texas Instruments from a “sell” rating to a “hold” rating in a research report on Saturday, June 1st. ValuEngine upgraded Texas Instruments from a “hold” rating to a “buy” rating in a research report on Tuesday, July 2nd. Finally, Charter Equity upgraded Texas Instruments from a “market perform” rating to a “buy” rating in a research report on Wednesday, July 24th. Two research analysts have rated the stock with a sell rating, eighteen have given a hold rating and twelve have assigned a buy rating to the stock. Texas Instruments currently has a consensus rating of “Hold” and an average price target of $118.78.

In other Texas Instruments news, SVP Bing Xie sold 52,299 shares of Texas Instruments stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of $127.75, for a total transaction of $6,681,197.25. Following the sale, the senior vice president now directly owns 106,264 shares of the company’s stock, valued at $13,575,226. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP R Gregory Delagi sold 150,000 shares of Texas Instruments stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $127.28, for a total value of $19,092,000.00. Following the sale, the vice president now directly owns 243,755 shares in the company, valued at $31,025,136.40. The disclosure for this sale can be found here. Insiders have sold 1,251,117 shares of company stock worth $159,473,823 over the last 90 days. Corporate insiders own 0.89% of the company’s stock.

Texas Instruments Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, portable components, power supply controls, point-of-load products, switches and interfaces, integrated protection devices, high-voltage products, and mobile lighting and display products.

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

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