Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by GTS Securities LLC

GTS Securities LLC increased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 2.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 44,877 shares of the semiconductor company’s stock after purchasing an additional 985 shares during the quarter. GTS Securities LLC’s holdings in Texas Instruments were worth $8,415,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. James Hambro & Partners LLP increased its position in shares of Texas Instruments by 2.8% in the fourth quarter. James Hambro & Partners LLP now owns 555,234 shares of the semiconductor company’s stock worth $104,126,000 after acquiring an additional 15,165 shares in the last quarter. China Universal Asset Management Co. Ltd. increased its holdings in Texas Instruments by 30.4% in the 4th quarter. China Universal Asset Management Co. Ltd. now owns 19,367 shares of the semiconductor company’s stock valued at $3,632,000 after purchasing an additional 4,515 shares in the last quarter. Mizuho Securities USA LLC increased its holdings in Texas Instruments by 46.0% in the 4th quarter. Mizuho Securities USA LLC now owns 86,457 shares of the semiconductor company’s stock valued at $16,212,000 after purchasing an additional 27,251 shares in the last quarter. OFC Financial Planning LLC purchased a new position in Texas Instruments in the fourth quarter valued at about $338,000. Finally, True North Advisors LLC lifted its stake in shares of Texas Instruments by 13.8% during the fourth quarter. True North Advisors LLC now owns 11,835 shares of the semiconductor company’s stock worth $2,219,000 after purchasing an additional 1,436 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Price Performance

TXN opened at $180.21 on Friday. The company has a market capitalization of $163.72 billion, a P/E ratio of 34.72, a PEG ratio of 3.30 and a beta of 0.97. The company has a 50-day moving average of $168.03 and a 200-day moving average of $184.05. 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 Incorporated has a 1-year low of $139.95 and a 1-year high of $220.39.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.22. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The business had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same period last year, the firm earned $1.10 earnings per share. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. Equities analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were given a $1.36 dividend. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 annualized dividend and a dividend yield of 3.02%. Texas Instruments’s payout ratio is 103.23%.

Analyst Upgrades and Downgrades

TXN has been the subject of several analyst reports. KeyCorp decreased their target price on Texas Instruments from $250.00 to $215.00 and set an “overweight” rating for the company in a research report on Thursday, April 24th. UBS Group reduced their price target on Texas Instruments from $225.00 to $215.00 and set a “buy” rating on the stock in a research report on Thursday, April 24th. Benchmark lowered their price objective on shares of Texas Instruments from $230.00 to $200.00 and set a “buy” rating for the company in a research report on Thursday, April 24th. Robert W. Baird upgraded shares of Texas Instruments from a “neutral” rating to an “outperform” rating and set a $175.00 price objective on the stock in a research note on Monday, April 7th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $216.00 target price on shares of Texas Instruments in a research report on Thursday, April 24th. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $189.41.

Insider Activity

In other news, Director Janet F. Clark sold 6,065 shares of Texas Instruments stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $203.62, for a total value of $1,234,955.30. Following the completion of the transaction, the director now directly owns 10,816 shares of the company’s stock, valued at approximately $2,202,353.92. The trade was a 35.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the business’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $197.69, for a total transaction of $19,175,930.00. Following the sale, the chairman now directly owns 409,089 shares of the company’s stock, valued at approximately $80,872,804.41. This represents a 19.17% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 200,065 shares of company stock worth $40,070,845. 0.57% of the stock is currently owned by insiders.

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.