Value Partners Investments Inc. Boosts Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Value Partners Investments Inc. grew its position in Texas Instruments Incorporated (NASDAQ:TXN) by 6.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,178 shares of the semiconductor company’s stock after purchasing an additional 190 shares during the period. Value Partners Investments Inc.’s holdings in Texas Instruments were worth $595,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Promus Capital LLC bought a new position in shares of Texas Instruments during the 4th quarter worth approximately $25,000. Financial Life Planners purchased a new stake in shares of Texas Instruments during the fourth quarter valued at approximately $26,000. Retirement Wealth Solutions LLC purchased a new position in Texas Instruments in the fourth quarter worth $27,000. Summit Securities Group LLC bought a new position in Texas Instruments in the 4th quarter valued at $27,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Texas Instruments during the 4th quarter valued at $28,000. 84.99% of the stock is owned by institutional investors.

Texas Instruments Stock Down 5.7 %

Shares of NASDAQ TXN opened at $147.60 on Monday. 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 business has a 50-day moving average of $180.26 and a 200-day moving average of $191.24. The firm has a market capitalization of $134.30 billion, a price-to-earnings ratio of 28.44, a PEG ratio of 3.30 and a beta of 0.99. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39.

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 analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same period in the previous year, the firm posted $1.49 earnings per share. Sell-side analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 3.69%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is currently 104.82%.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Chairman Richard K. Templeton sold 97,000 shares of the company’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the completion of the sale, the chairman now directly owns 409,089 shares in the company, valued at $82,930,522.08. This represents a 19.17 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of Texas Instruments stock in a transaction dated Monday, February 24th. The stock was 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 owns 10,816 shares in the company, valued at approximately $2,202,353.92. This represents a 35.93 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 297,655 shares of company stock worth $59,841,304. 0.57% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts recently issued reports on TXN shares. Citigroup decreased their price objective on shares of Texas Instruments from $235.00 to $210.00 and set a “buy” rating for the company in a report on Friday. Robert W. Baird raised shares of Texas Instruments from a “neutral” rating to an “outperform” rating and set a $175.00 price target on the stock in a report on Monday, April 7th. Benchmark reiterated a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Barclays decreased their target price on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research report on Friday, January 24th. Finally, Baird R W upgraded Texas Instruments from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 7th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $207.95.

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.