Bank Julius Baer & Co. Ltd Zurich Has $225.67 Million Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Bank Julius Baer & Co. Ltd Zurich lowered its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 0.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,323,865 shares of the semiconductor company’s stock after selling 3,339 shares during the quarter. Texas Instruments comprises approximately 1.2% of Bank Julius Baer & Co. Ltd Zurich’s holdings, making the stock its 23rd largest holding. Bank Julius Baer & Co. Ltd Zurich owned 0.15% of Texas Instruments worth $225,666,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. VCI Wealth Management LLC acquired a new position in shares of Texas Instruments in the 4th quarter valued at $1,101,000. Syon Capital LLC raised its stake in Texas Instruments by 22.8% during the 4th quarter. Syon Capital LLC now owns 6,122 shares of the semiconductor company’s stock worth $1,044,000 after buying an additional 1,135 shares during the period. Lyell Wealth Management LP raised its stake in Texas Instruments by 62.0% during the 4th quarter. Lyell Wealth Management LP now owns 2,875 shares of the semiconductor company’s stock worth $490,000 after buying an additional 1,100 shares during the period. Community Bank N.A. raised its stake in Texas Instruments by 0.9% during the 4th quarter. Community Bank N.A. now owns 30,855 shares of the semiconductor company’s stock worth $5,260,000 after buying an additional 280 shares during the period. Finally, Tokio Marine Asset Management Co. Ltd. raised its stake in Texas Instruments by 5.1% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 19,163 shares of the semiconductor company’s stock worth $3,267,000 after buying an additional 927 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Stifel Nicolaus raised their price objective on Texas Instruments from $160.00 to $172.00 and gave the stock a “hold” rating in a research note on Wednesday. Evercore ISI increased their target price on Texas Instruments from $213.00 to $225.00 and gave the stock an “outperform” rating in a report on Wednesday. Truist Financial increased their target price on Texas Instruments from $165.00 to $167.00 and gave the stock a “hold” rating in a report on Wednesday. JPMorgan Chase & Co. raised their price objective on Texas Instruments from $180.00 to $195.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, Rosenblatt Securities restated a “buy” rating and issued a $210.00 price objective on shares of Texas Instruments in a report on Wednesday. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $180.74.

Insiders Place Their Bets

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the firm’s stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total transaction of $278,778.40. Following the completion of the sale, the director now directly owns 11,693 shares in the company, valued at $1,869,126.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.68% of the company’s stock.

Texas Instruments Stock Performance

TXN stock traded up $0.44 during mid-day trading on Thursday, hitting $175.25. 9,129,091 shares of the company were exchanged, compared to its average volume of 5,711,318. The business has a 50 day simple moving average of $168.66 and a 200-day simple moving average of $161.99. The company has a current ratio of 4.55, a quick ratio of 3.35 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $159.49 billion, a PE ratio of 27.28, a price-to-earnings-growth ratio of 3.56 and a beta of 1.04. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $188.12.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.13. The firm had revenue of $3.66 billion during the quarter, compared to the consensus estimate of $3.61 billion. Texas Instruments had a net margin of 35.16% and a return on equity of 35.54%. The business’s revenue for the quarter was down 16.4% compared to the same quarter last year. During the same period last year, the business posted $1.85 earnings per share. On average, equities analysts forecast that Texas Instruments Incorporated will post 5.16 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Wednesday, May 8th will be given a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.97%. Texas Instruments’s dividend payout ratio (DPR) is presently 81.12%.

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.