Texas Instruments Incorporated (NASDAQ:TXN) Shares Purchased by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 2.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,459 shares of the semiconductor company’s stock after buying an additional 104 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Texas Instruments were worth $807,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Howard Capital Management Group LLC acquired a new position in Texas Instruments in the 3rd quarter valued at about $202,000. Pure Financial Advisors LLC grew its holdings in shares of Texas Instruments by 3.0% during the third quarter. Pure Financial Advisors LLC now owns 2,295 shares of the semiconductor company’s stock worth $474,000 after buying an additional 67 shares in the last quarter. Lansing Street Advisors raised its position in shares of Texas Instruments by 4.7% in the third quarter. Lansing Street Advisors now owns 1,127 shares of the semiconductor company’s stock valued at $233,000 after buying an additional 51 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in shares of Texas Instruments by 9.8% during the third quarter. Robeco Institutional Asset Management B.V. now owns 87,400 shares of the semiconductor company’s stock valued at $18,054,000 after buying an additional 7,831 shares during the period. Finally, Donaldson Capital Management LLC boosted its position in Texas Instruments by 1.3% during the third quarter. Donaldson Capital Management LLC now owns 324,048 shares of the semiconductor company’s stock worth $66,939,000 after acquiring an additional 4,169 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on TXN. Rosenblatt Securities reiterated a “buy” rating and issued a $250.00 price target on shares of Texas Instruments in a report on Tuesday, January 21st. Barclays dropped their target price on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research note on Friday, January 24th. Benchmark reissued a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a research note on Friday, January 24th. Mizuho dropped their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research note on Friday, January 24th. Finally, Truist Financial cut their price objective on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $209.20.

Insider Activity

In other Texas Instruments news, Chairman Richard K. Templeton sold 97,000 shares of the business’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the completion of the sale, the chairman now owns 409,089 shares in the company, valued at $82,930,522.08. The trade was a 19.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Mark A. Blinn sold 590 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the completion of the transaction, the director now owns 11,717 shares in the company, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 297,655 shares of company stock worth $59,841,304. 0.68% of the stock is currently owned by corporate insiders.

Texas Instruments Trading Down 0.8 %

NASDAQ:TXN opened at $194.39 on Tuesday. Texas Instruments Incorporated has a one year low of $159.11 and a one year high of $220.38. The business’s 50-day simple moving average is $189.57 and its 200 day simple moving average is $197.64. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The stock has a market cap of $176.96 billion, a price-to-earnings ratio of 37.45, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last released its earnings results 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 28.08% and a net margin of 30.68%. During the same quarter in the previous year, the company posted $1.49 earnings per share. As a group, sell-side analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were given a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 2.80%. The ex-dividend date was Friday, January 31st. Texas Instruments’s payout ratio is currently 104.82%.

Texas Instruments 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.