KBC Group NV Has $34.34 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

KBC Group NV raised its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.2% during the third quarter, Holdings Channel reports. The firm owned 166,220 shares of the semiconductor company’s stock after buying an additional 2,001 shares during the period. KBC Group NV’s holdings in Texas Instruments were worth $34,337,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of TXN. Vanguard Group Inc. boosted its stake in Texas Instruments by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 90,572,576 shares of the semiconductor company’s stock valued at $15,778,648,000 after buying an additional 536,206 shares in the last quarter. Capital Research Global Investors lifted its holdings 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 acquiring an additional 1,279,828 shares during the period. Legal & General Group Plc boosted its stake in shares of Texas Instruments by 0.8% in the 2nd quarter. Legal & General Group Plc now owns 7,831,270 shares of the semiconductor company’s stock valued at $1,523,415,000 after purchasing an additional 64,067 shares in the last quarter. Van ECK Associates Corp grew its holdings in shares of Texas Instruments by 3.6% in the 3rd quarter. Van ECK Associates Corp now owns 6,168,241 shares of the semiconductor company’s stock worth $1,244,381,000 after purchasing an additional 212,888 shares during the last quarter. Finally, Fayez Sarofim & Co increased its position in shares of Texas Instruments by 2.5% during the 1st quarter. Fayez Sarofim & Co now owns 4,271,960 shares of the semiconductor company’s stock worth $744,218,000 after purchasing an additional 104,806 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Trading Up 0.1 %

TXN opened at $206.00 on Friday. The firm has a 50 day simple moving average of $204.23 and a 200 day simple moving average of $199.26. Texas Instruments Incorporated has a fifty-two week low of $150.15 and a fifty-two week high of $220.38. The company has a market cap of $187.92 billion, a price-to-earnings ratio of 38.29, a price-to-earnings-growth ratio of 4.50 and a beta of 0.99. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating the consensus estimate of $1.38 by $0.09. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The company had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.12 billion. During the same quarter in the previous year, the company posted $1.80 EPS. The business’s revenue for the quarter was down 8.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.08 earnings per share for the current year.

Texas Instruments Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st were issued a dividend of $1.36 per share. The ex-dividend date was Thursday, October 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.64%. This is a boost from Texas Instruments’s previous quarterly dividend of $1.30. Texas Instruments’s dividend payout ratio (DPR) is 101.12%.

Insider Transactions at Texas Instruments

In other Texas Instruments news, CEO Haviv Ilan sold 1,200 shares of Texas Instruments stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $209.44, for a total transaction 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. The trade was a 0.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Julie C. Knecht sold 7,764 shares of the business’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $209.49, for a total value of $1,626,480.36. Following the completion of the transaction, the chief accounting officer now directly owns 11,806 shares of the company’s stock, valued at approximately $2,473,238.94. The trade was a 39.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 25,548 shares of company stock worth $5,341,235. 0.68% of the stock is currently owned by company insiders.

Analyst Ratings Changes

TXN has been the topic of several research analyst reports. Jefferies Financial Group upped their price objective on shares of Texas Instruments from $175.00 to $185.00 and gave the stock a “hold” rating in a research note on Wednesday, July 24th. Morgan Stanley increased their price target on Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 23rd. Evercore ISI lifted their price objective on Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Rosenblatt Securities reissued a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a research note on Wednesday, October 23rd. Finally, Citigroup upgraded Texas Instruments from a “neutral” rating to a “buy” rating and raised their target price for the company from $200.00 to $235.00 in a research note on Wednesday, August 21st. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Texas Instruments presently has an average rating of “Hold” and a consensus target price of $206.95.

About Texas Instruments

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.