Bank of Jackson Hole Trust Acquires Shares of 2,082 Texas Instruments Incorporated (NASDAQ:TXN)

Bank of Jackson Hole Trust acquired a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,082 shares of the semiconductor company’s stock, valued at approximately $390,000.

A number of other hedge funds have also recently bought and sold shares of the business. Howard Capital Management Group LLC acquired a new position in shares of Texas Instruments in the 3rd quarter worth approximately $202,000. Raleigh Capital Management Inc. raised its stake in Texas Instruments by 13.3% during the 3rd quarter. Raleigh Capital Management Inc. now owns 553 shares of the semiconductor company’s stock valued at $114,000 after acquiring an additional 65 shares in the last quarter. Foundations Investment Advisors LLC raised its stake in Texas Instruments by 31.0% during the 3rd quarter. Foundations Investment Advisors LLC now owns 6,473 shares of the semiconductor company’s stock valued at $1,337,000 after acquiring an additional 1,531 shares in the last quarter. Krane Funds Advisors LLC raised its stake in Texas Instruments by 10.8% during the 3rd quarter. Krane Funds Advisors LLC now owns 2,959 shares of the semiconductor company’s stock valued at $611,000 after acquiring an additional 288 shares in the last quarter. Finally, Maple Capital Management Inc. raised its stake in Texas Instruments by 4.2% during the 3rd quarter. Maple Capital Management Inc. now owns 215,378 shares of the semiconductor company’s stock valued at $44,491,000 after acquiring an additional 8,675 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insiders Place Their Bets

In other Texas Instruments news, Director Mark A. Blinn sold 590 shares of the business’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the sale, the director now owns 11,717 shares of the company’s stock, valued at $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of the business’s 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 of the company’s stock, valued at $2,912,295.59. This represents a 42.39 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.68% of the company’s stock.

Analysts Set New Price Targets

TXN has been the topic of several recent analyst reports. Morgan Stanley lifted their target price on Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a research note on Wednesday, October 23rd. Bank of America dropped their price objective on Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Robert W. Baird dropped their price objective on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Cantor Fitzgerald reissued a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $250.00 target price on shares of Texas Instruments in a report on Tuesday, January 21st. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $209.20.

Texas Instruments Stock Performance

Shares of TXN stock opened at $186.46 on Wednesday. Texas Instruments Incorporated has a 1-year low of $159.11 and a 1-year high of $220.38. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $170.09 billion, a price-to-earnings ratio of 35.93, a P/E/G ratio of 2.96 and a beta of 0.97. The stock’s fifty day simple moving average is $187.90 and its 200-day simple moving average is $197.23.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating analysts’ consensus estimates 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 period in the prior year, the company earned $1.49 EPS. On average, sell-side analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were paid a $1.36 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.92%. Texas Instruments’s dividend payout ratio (DPR) is currently 104.82%.

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.