Vontobel Holding Ltd. Has $21.20 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Vontobel Holding Ltd. trimmed its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 22.3% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 102,633 shares of the semiconductor company’s stock after selling 29,408 shares during the quarter. Vontobel Holding Ltd.’s holdings in Texas Instruments were worth $21,201,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Scarborough Advisors LLC acquired a new stake in Texas Instruments in the 4th quarter valued at approximately $26,000. Westend Capital Management LLC bought a new position in shares of Texas Instruments during the 1st quarter worth approximately $31,000. Tsfg LLC raised its holdings in shares of Texas Instruments by 82.0% in the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 82 shares during the last quarter. Norwood Financial Corp bought a new stake in shares of Texas Instruments in the first quarter worth $32,000. Finally, Tradewinds Capital Management LLC boosted its holdings in Texas Instruments by 71.1% during the first quarter. Tradewinds Capital Management LLC now owns 243 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 101 shares during the last quarter. Institutional investors own 84.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on TXN. Barclays boosted their price target on shares of Texas Instruments from $190.00 to $210.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 24th. Morgan Stanley increased their price target on Texas Instruments from $150.00 to $156.00 and gave the company an “underweight” rating in a research report on Thursday, July 11th. Stifel Nicolaus boosted their price target on Texas Instruments from $172.00 to $200.00 and gave the stock a “hold” rating in a research report on Thursday, July 18th. Jefferies Financial Group upped their price objective on Texas Instruments from $175.00 to $185.00 and gave the stock a “hold” rating in a research note on Wednesday, July 24th. Finally, Benchmark reissued a “buy” rating and issued a $230.00 target price on shares of Texas Instruments in a research note on Wednesday, July 24th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $205.65.

Insiders Place Their Bets

In related news, VP Mohammad Yunus sold 3,778 shares of the stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $208.90, for a total transaction of $789,224.20. Following the sale, the vice president now owns 28,894 shares of the company’s stock, valued at $6,035,956.60. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, VP Mohammad Yunus sold 3,778 shares of the company’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $208.90, for a total transaction of $789,224.20. Following the completion of the sale, the vice president now owns 28,894 shares of the company’s stock, valued at $6,035,956.60. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Shanon J. Leonard sold 2,816 shares of the firm’s 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 completion of the transaction, the vice president now directly owns 24,112 shares in the company, 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 have sold a total of 15,558 shares of company stock worth $3,255,323 in the last quarter. Corporate insiders own 0.68% of the company’s stock.

Texas Instruments Trading Up 0.4 %

Shares of NASDAQ:TXN opened at $200.69 on Thursday. The stock has a market cap of $182.72 billion, a PE ratio of 31.31, a P/E/G ratio of 4.54 and a beta of 0.98. The company has a quick ratio of 3.49, a current ratio of 4.62 and a debt-to-equity ratio of 0.75. Texas Instruments Incorporated has a 12-month low of $139.48 and a 12-month high of $214.66. The business has a 50 day moving average of $203.07 and a 200-day moving average of $194.02.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Tuesday, July 23rd. The semiconductor company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.06. Texas Instruments had a return on equity of 31.10% and a net margin of 33.01%. The business had revenue of $3.82 billion during the quarter, compared to the consensus estimate of $3.82 billion. During the same period in the previous year, the company posted $1.87 EPS. The firm’s quarterly revenue was down 15.6% on a year-over-year basis. As a group, equities research analysts forecast that Texas Instruments Incorporated will post 5.11 earnings per share for the current year.

Texas Instruments Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st will be issued a $1.36 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.71%. This is an increase from Texas Instruments’s previous quarterly dividend of $1.30. Texas Instruments’s payout ratio is currently 84.87%.

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.