Fidelis Capital Partners LLC Increases Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Fidelis Capital Partners LLC raised its position in Texas Instruments Incorporated (NASDAQ:TXN) by 7.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,202 shares of the semiconductor company’s stock after acquiring an additional 299 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Texas Instruments were worth $716,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Salem Investment Counselors Inc. increased its position in shares of Texas Instruments by 16.8% during the first quarter. Salem Investment Counselors Inc. now owns 417 shares of the semiconductor company’s stock valued at $77,000 after buying an additional 60 shares during the period. International Assets Investment Management LLC raised its holdings in Texas Instruments by 2.8% in the first quarter. International Assets Investment Management LLC now owns 2,266 shares of the semiconductor company’s stock worth $416,000 after purchasing an additional 61 shares in the last quarter. Polar Capital Holdings Plc boosted its holdings in shares of Texas Instruments by 0.6% during the 1st quarter. Polar Capital Holdings Plc now owns 9,822 shares of the semiconductor company’s stock valued at $1,802,000 after buying an additional 63 shares in the last quarter. Riverview Trust Co grew its position in shares of Texas Instruments by 57.4% in the 3rd quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock worth $29,000 after buying an additional 66 shares during the period. Finally, Howard Financial Services LTD. increased its stake in shares of Texas Instruments by 3.1% in the 4th quarter. Howard Financial Services LTD. now owns 2,177 shares of the semiconductor company’s stock worth $371,000 after acquiring an additional 66 shares in the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Texas Instruments Price Performance

Shares of NASDAQ:TXN traded up $0.08 on Friday, reaching $163.75. The company’s stock had a trading volume of 885,263 shares, compared to its average volume of 5,411,286. Texas Instruments Incorporated has a 52-week low of $139.48 and a 52-week high of $188.12. The company has a market cap of $149.02 billion, a P/E ratio of 23.18, a PEG ratio of 3.56 and a beta of 1.04. The company has a 50-day simple moving average of $168.16 and a 200 day simple moving average of $161.72. 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 issued its quarterly earnings data on Monday, January 22nd. The semiconductor company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.46 by $0.03. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. The business had revenue of $4.08 billion during the quarter, compared to analysts’ expectations of $4.12 billion. During the same period last year, the company posted $2.13 EPS. The business’s revenue was down 12.7% on a year-over-year basis. As a group, equities research analysts anticipate that Texas Instruments Incorporated will post 5.16 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Mark A. Blinn sold 1,744 shares of Texas Instruments stock in a transaction dated Wednesday, January 31st. The shares were 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 approximately $1,869,126.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.68% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Evercore ISI initiated coverage on shares of Texas Instruments in a report on Tuesday. They set an “outperform” rating and a $213.00 target price for the company. Cantor Fitzgerald increased their target price on Texas Instruments from $170.00 to $180.00 and gave the stock a “neutral” rating in a research note on Monday, April 8th. Truist Financial lowered their price target on Texas Instruments from $166.00 to $165.00 and set a “hold” rating for the company in a research report on Friday, February 9th. Mizuho cut their price objective on shares of Texas Instruments from $170.00 to $164.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 24th. Finally, Susquehanna cut their price target on shares of Texas Instruments from $205.00 to $200.00 and set a “positive” rating on the stock in a report on Wednesday, January 24th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $176.68.

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.