Boyd Watterson Asset Management LLC OH Buys 1,000 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Boyd Watterson Asset Management LLC OH boosted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 25.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,918 shares of the semiconductor company’s stock after acquiring an additional 1,000 shares during the period. Boyd Watterson Asset Management LLC OH’s holdings in Texas Instruments were worth $922,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Drum Hill Capital LLC bought a new position in Texas Instruments in the 4th quarter valued at about $225,000. Bradley Foster & Sargent Inc. CT increased its stake in Texas Instruments by 7.2% in the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 66,045 shares of the semiconductor company’s stock valued at $12,384,000 after acquiring an additional 4,443 shares during the last quarter. PYA Waltman Capital LLC increased its stake in Texas Instruments by 1.2% in the fourth quarter. PYA Waltman Capital LLC now owns 16,162 shares of the semiconductor company’s stock valued at $3,031,000 after acquiring an additional 191 shares during the last quarter. Physicians Financial Services Inc. lifted its stake in Texas Instruments by 6.0% during the fourth quarter. Physicians Financial Services Inc. now owns 7,099 shares of the semiconductor company’s stock worth $1,331,000 after purchasing an additional 400 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC lifted its stake in Texas Instruments by 1.7% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 4,495 shares of the semiconductor company’s stock worth $843,000 after purchasing an additional 77 shares during the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Texas Instruments

In other news, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following the completion of the sale, the director now owns 14,323 shares in the company, valued at $2,912,295.59. The trade was a 42.39 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mark A. Blinn sold 590 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the transaction, the director now directly owns 11,717 shares in the company, valued at approximately $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.68% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on TXN. Wells Fargo & Company lowered their price target on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. Mizuho lowered their target price on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research note on Friday, January 24th. Cantor Fitzgerald restated a “neutral” rating and issued a $200.00 price target on shares of Texas Instruments in a research note on Friday, January 24th. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 price target on shares of Texas Instruments in a report on Tuesday, January 21st. Finally, Benchmark reissued a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $209.20.

Texas Instruments Trading Down 1.0 %

Shares of TXN stock opened at $202.00 on Friday. The stock has a 50-day moving average of $188.44 and a 200-day moving average of $197.42. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The stock has a market cap of $183.89 billion, a price-to-earnings ratio of 38.92, a PEG ratio of 3.30 and a beta of 0.97. Texas Instruments Incorporated has a 1-year low of $159.11 and a 1-year high of $220.38.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same quarter in the prior year, the firm posted $1.49 earnings per share. On average, equities research analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were issued a $1.36 dividend. The ex-dividend date was Friday, January 31st. This represents a $5.44 annualized dividend and a yield of 2.69%. Texas Instruments’s payout ratio is 104.82%.

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.