Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC increased its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 7.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 4,202 shares of the semiconductor company’s stock after buying an additional 299 shares during the period. Fidelis Capital Partners LLC’s holdings in Texas Instruments were worth $716,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the business. Norges Bank acquired a new position in Texas Instruments in the 4th quarter valued at $1,548,365,000. Moneta Group Investment Advisors LLC increased its stake in Texas Instruments by 60,024.4% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 8,363,303 shares of the semiconductor company’s stock valued at $1,381,785,000 after buying an additional 8,349,393 shares during the period. Morgan Stanley increased its stake in Texas Instruments by 54.4% in the 4th quarter. Morgan Stanley now owns 14,735,331 shares of the semiconductor company’s stock valued at $2,434,572,000 after buying an additional 5,191,426 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Texas Instruments by 13.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 14,638,302 shares of the semiconductor company’s stock valued at $2,685,836,000 after buying an additional 1,779,273 shares during the period. Finally, Assenagon Asset Management S.A. increased its stake in Texas Instruments by 565.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,693,577 shares of the semiconductor company’s stock valued at $288,687,000 after buying an additional 1,439,066 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Mark A. Blinn sold 1,744 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $1,869,126.05. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.68% of the company’s stock.

Analysts Set New Price Targets

TXN has been the topic of several recent research reports. Susquehanna dropped their price objective on shares of Texas Instruments from $205.00 to $200.00 and set a “positive” rating on the stock in a research note on Wednesday, January 24th. Rosenblatt Securities reaffirmed a “buy” rating and set a $190.00 price target on shares of Texas Instruments in a research note on Tuesday, January 23rd. Morgan Stanley upped their price target on shares of Texas Instruments from $138.00 to $146.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 24th. TD Cowen upped their price target on shares of Texas Instruments from $145.00 to $160.00 and gave the stock a “market perform” rating in a research note on Wednesday, January 24th. Finally, Evercore ISI started coverage on shares of Texas Instruments in a research note on Tuesday. They set an “outperform” rating and a $213.00 price target on the stock. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $176.68.

Texas Instruments Trading Up 0.0 %

NASDAQ:TXN traded up $0.08 on Friday, reaching $163.75. The stock had a trading volume of 885,263 shares, compared to its average volume of 5,411,286. The company has a market cap of $149.02 billion, a price-to-earnings ratio of 23.18, a P/E/G ratio of 3.56 and a beta of 1.04. The company has a debt-to-equity ratio of 0.63, a current ratio of 4.55 and a quick ratio of 3.35. The firm’s fifty day moving average is $168.16 and its two-hundred day moving average is $161.72. Texas Instruments Incorporated has a 12-month low of $139.48 and a 12-month high of $188.12.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Monday, January 22nd. The semiconductor company reported $1.49 EPS for the quarter, beating 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 company had revenue of $4.08 billion during the quarter, compared to the consensus estimate of $4.12 billion. During the same quarter in the prior year, the company posted $2.13 EPS. The company’s quarterly revenue was down 12.7% compared to the same quarter last year. Equities analysts expect that Texas Instruments Incorporated will post 5.16 EPS for the current fiscal year.

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.