357 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Purchased by CVA Family Office LLC

CVA Family Office LLC acquired a new stake in Texas Instruments Incorporated (NASDAQ:TXN) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 357 shares of the semiconductor company’s stock, valued at approximately $61,000.

A number of other institutional investors have also bought and sold shares of TXN. Fairfield Bush & CO. acquired a new position in shares of Texas Instruments during the 1st quarter valued at about $56,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Texas Instruments by 32.4% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 996,880 shares of the semiconductor company’s stock valued at $182,908,000 after purchasing an additional 243,907 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in shares of Texas Instruments by 7.4% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,023 shares of the semiconductor company’s stock valued at $1,105,000 after buying an additional 413 shares during the period. Wsfs Capital Management LLC acquired a new stake in shares of Texas Instruments during the 1st quarter worth approximately $337,000. Finally, Bridgefront Capital LLC purchased a new stake in shares of Texas Instruments during the 1st quarter valued at approximately $315,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Mark A. Blinn sold 1,744 shares of the business’s stock in a transaction that occurred on Wednesday, January 31st. The stock was 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 owns 11,693 shares in the company, valued at $1,869,126.05. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.68% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on TXN. Mizuho cut their target price on Texas Instruments from $170.00 to $164.00 and set a “neutral” rating for the company in a research note on Wednesday, January 24th. Rosenblatt Securities restated a “buy” rating and issued a $190.00 price objective on shares of Texas Instruments in a report on Tuesday, January 23rd. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $170.00 target price on shares of Texas Instruments in a research note on Monday, March 4th. KeyCorp boosted their price target on shares of Texas Instruments from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, January 24th. Finally, TD Cowen increased their price objective on shares of Texas Instruments from $145.00 to $160.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 24th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $173.89.

Texas Instruments Stock Up 3.0 %

TXN stock opened at $172.87 on Thursday. The company’s 50 day moving average price is $166.42 and its 200 day moving average price is $160.78. The firm has a market capitalization of $157.32 billion, a price-to-earnings ratio of 24.49, a PEG ratio of 3.61 and a beta of 1.04. Texas Instruments Incorporated has a fifty-two week low of $139.48 and a fifty-two week high of $188.12. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.35 and a current ratio of 4.55.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Monday, January 22nd. The semiconductor company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.03. The company had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $4.12 billion. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. The company’s quarterly revenue was down 12.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.13 EPS. On average, equities research analysts anticipate that Texas Instruments Incorporated will post 5.16 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 13th. Shareholders of record on Wednesday, January 31st were issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date was Tuesday, January 30th. Texas Instruments’s dividend payout ratio (DPR) is 73.65%.

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.