Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Strategic Investment Advisors MI

Strategic Investment Advisors MI raised its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 2.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,839 shares of the semiconductor company’s stock after acquiring an additional 102 shares during the quarter. Strategic Investment Advisors MI’s holdings in Texas Instruments were worth $907,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kathmere Capital Management LLC purchased a new stake in Texas Instruments during the 2nd quarter valued at approximately $259,000. Ascent Group LLC raised its stake in Texas Instruments by 3.5% during the 2nd quarter. Ascent Group LLC now owns 2,442 shares of the semiconductor company’s stock valued at $475,000 after acquiring an additional 83 shares during the last quarter. Creative Planning raised its stake in Texas Instruments by 12.5% during the 2nd quarter. Creative Planning now owns 197,046 shares of the semiconductor company’s stock valued at $38,331,000 after acquiring an additional 21,946 shares during the last quarter. Northeast Financial Consultants Inc raised its stake in Texas Instruments by 2.4% during the 2nd quarter. Northeast Financial Consultants Inc now owns 11,874 shares of the semiconductor company’s stock valued at $2,310,000 after acquiring an additional 274 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in Texas Instruments by 0.7% during the 2nd quarter. NewEdge Advisors LLC now owns 60,679 shares of the semiconductor company’s stock valued at $11,804,000 after acquiring an additional 425 shares during the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have commented on TXN shares. Wells Fargo & Company reduced their price objective on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Robert W. Baird cut their target price on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Summit Insights raised Texas Instruments from a “hold” rating to a “buy” rating in a research note on Wednesday, October 23rd. Evercore ISI increased their target price on Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. Finally, Cantor Fitzgerald reissued a “neutral” rating and set a $200.00 target price on shares of Texas Instruments in a research note on Friday. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Texas Instruments currently has a consensus rating of “Hold” and an average target price of $209.20.

Insider Transactions at Texas Instruments

In other news, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the sale, the director now directly owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.68% of the company’s stock.

Texas Instruments Trading Down 7.5 %

Shares of TXN opened at $185.52 on Monday. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $169.24 billion, a P/E ratio of 34.48, a price-to-earnings-growth ratio of 3.84 and a beta of 0.98. The stock’s fifty day simple moving average is $193.38 and its 200 day simple moving average is $199.46. Texas Instruments Incorporated has a twelve month low of $155.46 and a twelve month high of $220.38.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating the consensus estimate of $1.20 by $0.10. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. During the same period last year, the firm earned $1.49 EPS. On average, equities research analysts forecast that Texas Instruments Incorporated will post 5.08 earnings per share for the current year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.93%. The ex-dividend date is Friday, January 31st. Texas Instruments’s payout ratio is 101.12%.

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.