American National Bank lifted its position in Texas Instruments Incorporated (NASDAQ:TXN) by 42.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,879 shares of the semiconductor company’s stock after buying an additional 1,761 shares during the period. American National Bank’s holdings in Texas Instruments were worth $624,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TXN. GABELLI & Co INVESTMENT ADVISERS INC. raised its holdings in shares of Texas Instruments by 3.4% in the 4th quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 3,000 shares of the semiconductor company’s stock valued at $284,000 after purchasing an additional 100 shares during the period. Trust Co. of Vermont raised its holdings in shares of Texas Instruments by 1.0% in the 4th quarter. Trust Co. of Vermont now owns 10,811 shares of the semiconductor company’s stock valued at $1,022,000 after purchasing an additional 102 shares during the period. HighPoint Advisor Group LLC raised its holdings in shares of Texas Instruments by 0.6% in the 4th quarter. HighPoint Advisor Group LLC now owns 17,387 shares of the semiconductor company’s stock valued at $1,868,000 after purchasing an additional 102 shares during the period. Balasa Dinverno & Foltz LLC raised its holdings in shares of Texas Instruments by 1.2% in the 4th quarter. Balasa Dinverno & Foltz LLC now owns 8,851 shares of the semiconductor company’s stock valued at $836,000 after purchasing an additional 103 shares during the period. Finally, CAPROCK Group Inc. raised its holdings in shares of Texas Instruments by 0.6% in the 1st quarter. CAPROCK Group Inc. now owns 18,647 shares of the semiconductor company’s stock valued at $1,978,000 after purchasing an additional 103 shares during the period. Institutional investors and hedge funds own 86.63% of the company’s stock.

A number of equities research analysts have recently issued reports on TXN shares. BidaskClub raised shares of Texas Instruments from a “sell” rating to a “hold” rating in a report on Thursday, December 27th. Zacks Investment Research raised shares of Texas Instruments from a “sell” rating to a “hold” rating in a report on Monday, December 31st. Bank of America cut shares of Texas Instruments from a “buy” rating to a “neutral” rating and set a $89.50 price target on the stock. in a report on Friday, January 4th. Robert W. Baird reissued a “hold” rating and issued a $115.00 price target on shares of Texas Instruments in a report on Wednesday, January 23rd. Finally, Deutsche Bank lowered their price target on shares of Texas Instruments to $100.00 and set a “hold” rating on the stock in a report on Thursday, January 24th. Two equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and nine have given a buy rating to the company. Texas Instruments presently has a consensus rating of “Hold” and an average target price of $108.40.

Shares of Texas Instruments stock opened at $116.76 on Monday. Texas Instruments Incorporated has a fifty-two week low of $87.70 and a fifty-two week high of $118.48. The company has a current ratio of 3.27, a quick ratio of 2.38 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $107.83 billion, a price-to-earnings ratio of 21.54, a P/E/G ratio of 2.19 and a beta of 1.17.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Wednesday, January 23rd. The semiconductor company reported $1.27 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.03. Texas Instruments had a net margin of 35.35% and a return on equity of 53.05%. The firm had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.75 billion. During the same quarter last year, the business posted $1.09 earnings per share. The company’s quarterly revenue was down .9% on a year-over-year basis. Equities analysts anticipate that Texas Instruments Incorporated will post 5.19 EPS for the current fiscal year.

In other news, VP Haren Julie Van sold 3,953 shares of Texas Instruments stock in a transaction on Monday, January 28th. The shares were sold at an average price of $101.88, for a total transaction of $402,731.64. Following the transaction, the vice president now owns 30,523 shares in the company, valued at $3,109,683.24. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Hagop H. Kozanian sold 9,061 shares of Texas Instruments stock in a transaction on Monday, January 28th. The stock was sold at an average price of $102.60, for a total transaction of $929,658.60. Following the transaction, the insider now owns 40,164 shares in the company, valued at approximately $4,120,826.40. The disclosure for this sale can be found here. Insiders sold 256,061 shares of company stock worth $26,536,471 in the last 90 days. Company insiders own 0.89% of the company’s stock.

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About Texas Instruments

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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