Banque Cantonale Vaudoise Has $12.04 Million Position in Texas Instruments Incorporated (NASDAQ:TXN)

Banque Cantonale Vaudoise cut its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 7.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 58,295 shares of the semiconductor company’s stock after selling 4,803 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Texas Instruments were worth $12,042,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Pitcairn Co. raised its holdings in shares of Texas Instruments by 5.1% during the first quarter. Pitcairn Co. now owns 9,706 shares of the semiconductor company’s stock worth $1,691,000 after acquiring an additional 475 shares during the period. Crewe Advisors LLC bought a new stake in shares of Texas Instruments in the first quarter valued at about $442,000. Payden & Rygel Investment Group bought a new stake in shares of Texas Instruments in the first quarter valued at about $401,000. Mattern Capital Management LLC boosted its position in shares of Texas Instruments by 2.8% during the first quarter. Mattern Capital Management LLC now owns 51,278 shares of the semiconductor company’s stock worth $8,933,000 after buying an additional 1,375 shares during the period. Finally, English Capital Management LLC bought a new position in shares of Texas Instruments during the first quarter worth about $3,833,000. 84.99% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Texas Instruments news, CEO Haviv Ilan sold 1,200 shares of the company’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of $209.44, for a total transaction of $251,328.00. Following the completion of the sale, the chief executive officer now directly owns 158,676 shares in the company, valued at $33,233,101.44. This represents a 0.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert E. Sanchez sold 9,990 shares of Texas Instruments stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $208.80, for a total value of $2,085,912.00. Following the completion of the transaction, the director now owns 20,461 shares in the company, valued at approximately $4,272,256.80. This represents a 32.81 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,548 shares of company stock worth $5,341,235 over the last ninety days. Corporate insiders own 0.68% of the company’s stock.

Texas Instruments Stock Performance

TXN opened at $207.18 on Tuesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14. The company has a market capitalization of $188.99 billion, a PE ratio of 38.51, a price-to-earnings-growth ratio of 4.40 and a beta of 0.99. The business has a fifty day simple moving average of $204.51 and a 200 day simple moving average of $200.01. Texas Instruments Incorporated has a 1 year low of $151.27 and a 1 year high of $220.38.

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

Texas Instruments Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Thursday, October 31st were paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date of this dividend was Thursday, October 31st. This is an increase from Texas Instruments’s previous quarterly dividend of $1.30. Texas Instruments’s payout ratio is 101.12%.

Analysts Set New Price Targets

TXN has been the subject of a number of recent research reports. Morgan Stanley upped 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 raised their target price on shares of Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Susquehanna cut their price target on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research report on Monday, October 21st. Mizuho set a $200.00 price objective on shares of Texas Instruments in a research note on Friday, October 18th. Finally, JPMorgan Chase & Co. upped their target price on Texas Instruments from $195.00 to $230.00 and gave the stock an “overweight” rating in a report on Wednesday, July 24th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $206.95.

Texas Instruments Company 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.