Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Metropolis Capital Ltd

Metropolis Capital Ltd increased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 18.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,440,563 shares of the semiconductor company’s stock after buying an additional 224,691 shares during the period. Texas Instruments accounts for approximately 9.5% of Metropolis Capital Ltd’s holdings, making the stock its 5th biggest position. Metropolis Capital Ltd owned about 0.16% of Texas Instruments worth $270,120,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of TXN. Drucker Wealth 3.0 LLC acquired a new position in shares of Texas Instruments during the second quarter worth approximately $2,374,000. Decatur Capital Management Inc. increased its position in Texas Instruments by 2.8% during the second quarter. Decatur Capital Management Inc. now owns 11,338 shares of the semiconductor company’s stock worth $2,206,000 after acquiring an additional 309 shares during the period. Daymark Wealth Partners LLC raised its stake in Texas Instruments by 2.4% during the 2nd quarter. Daymark Wealth Partners LLC now owns 8,664 shares of the semiconductor company’s stock valued at $1,685,000 after purchasing an additional 201 shares during the last quarter. MBB Public Markets I LLC bought a new stake in Texas Instruments in the 2nd quarter valued at $12,609,000. Finally, The Manufacturers Life Insurance Company grew its position in Texas Instruments by 3.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,003,289 shares of the semiconductor company’s stock worth $778,750,000 after purchasing an additional 129,717 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related 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 value of $2,142,894.87. Following the completion of the sale, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.68% of the stock is currently owned by corporate insiders.

Texas Instruments Trading Up 1.8 %

Shares of TXN opened at $200.61 on Friday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. The company has a market cap of $183.00 billion, a price-to-earnings ratio of 37.29, a PEG ratio of 3.84 and a beta of 0.98. The stock has a fifty day moving average price of $193.80 and a two-hundred day moving average price of $199.56. Texas Instruments Incorporated has a 52-week low of $155.46 and a 52-week high of $220.38.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 in the previous year, the business earned $1.49 earnings per share. Analysts predict that Texas Instruments Incorporated will post 5.08 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date is Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 101.12%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.00 price objective on shares of Texas Instruments in a research report on Wednesday, October 23rd. Susquehanna cut their price target on Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a report on Monday, October 21st. Summit Insights raised Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Morgan Stanley raised their target price on Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 23rd. Finally, Evercore ISI lifted their price target on shares of Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $210.45.

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.