Texas Instruments Incorporated (NASDAQ:TXN) Shares Bought by PYA Waltman Capital LLC

PYA Waltman Capital LLC boosted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,162 shares of the semiconductor company’s stock after purchasing an additional 191 shares during the quarter. Texas Instruments makes up 1.0% of PYA Waltman Capital LLC’s holdings, making the stock its 25th largest position. PYA Waltman Capital LLC’s holdings in Texas Instruments were worth $3,031,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in TXN. Physicians Financial Services Inc. grew its holdings in shares of 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 buying an additional 400 shares in the last quarter. Cassaday & Co Wealth Management LLC raised its holdings in shares of Texas Instruments by 1.7% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 4,495 shares of the semiconductor company’s stock worth $843,000 after acquiring an additional 77 shares during the period. Centricity Wealth Management LLC purchased a new position in Texas Instruments during the fourth quarter worth about $54,000. Nicholson Wealth Management Group LLC increased its holdings in shares of Texas Instruments by 96.3% during the 4th quarter. Nicholson Wealth Management Group LLC now owns 8,239 shares of the semiconductor company’s stock worth $1,545,000 after buying an additional 4,042 shares during the last quarter. Finally, ING Groep NV grew its position in Texas Instruments by 59.0% in the fourth quarter. ING Groep NV now owns 288,085 shares of the semiconductor company’s stock worth $54,019,000 after acquiring an additional 106,941 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Trading Up 3.9 %

NASDAQ TXN opened at $203.96 on Friday. Texas Instruments Incorporated has a one year low of $159.11 and a one year high of $220.38. The company’s 50 day moving average price is $188.23 and its 200 day moving average price is $197.27. The firm has a market capitalization of $185.67 billion, a price-to-earnings ratio of 39.30, a PEG ratio of 3.17 and a beta of 0.97. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping 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 last year, the firm posted $1.49 EPS. On average, sell-side analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 2.67%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is currently 104.82%.

Insider Buying and Selling

In related news, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the sale, the director now owns 14,323 shares of the company’s stock, valued at $2,912,295.59. This represents a 42.39 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark A. Blinn sold 590 shares of Texas Instruments stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the transaction, the director now owns 11,717 shares of the company’s stock, 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. Insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on TXN. Wells Fargo & Company lowered their target price on shares of 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. Truist Financial lowered their price target on Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research report on Friday, January 24th. Cantor Fitzgerald reissued a “neutral” rating and set a $200.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Benchmark reissued a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a research note on Tuesday, January 21st. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and a consensus price target of $209.20.

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.