Sivia Capital Partners LLC Buys 63 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Sivia Capital Partners LLC grew its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 4.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,565 shares of the semiconductor company’s stock after buying an additional 63 shares during the period. Sivia Capital Partners LLC’s holdings in Texas Instruments were worth $323,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Centaurus Financial Inc. increased its stake in Texas Instruments by 6.9% in the fourth quarter. Centaurus Financial Inc. now owns 2,278 shares of the semiconductor company’s stock valued at $388,000 after purchasing an additional 147 shares in the last quarter. Scarborough Advisors LLC acquired a new position in shares of Texas Instruments in the 4th quarter valued at $26,000. Creekmur Asset Management LLC bought a new stake in shares of Texas Instruments in the 4th quarter valued at $41,000. Fortis Group Advisors LLC raised its stake in Texas Instruments by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 196 shares of the semiconductor company’s stock worth $33,000 after buying an additional 98 shares during the period. Finally, Richardson Financial Services Inc. bought a new position in Texas Instruments during the fourth quarter worth about $26,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Stock Performance

Shares of TXN traded up $2.84 during midday trading on Monday, reaching $207.95. The stock had a trading volume of 807,278 shares, compared to its average volume of 5,449,230. The firm has a market cap of $189.33 billion, a PE ratio of 32.15, a P/E/G ratio of 4.41 and a beta of 0.98. The firm has a 50 day simple moving average of $201.93 and a 200-day simple moving average of $193.55. Texas Instruments Incorporated has a one year low of $139.48 and a one year high of $214.66. The company has a current ratio of 4.62, a quick ratio of 3.49 and a debt-to-equity ratio of 0.75.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, July 23rd. The semiconductor company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.06. Texas Instruments had a return on equity of 31.10% and a net margin of 33.01%. The firm had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.82 billion. During the same quarter in the previous year, the business earned $1.87 earnings per share. The business’s revenue was down 15.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.11 EPS for the current year.

Texas Instruments Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st will be issued a $1.36 dividend. This is a boost from Texas Instruments’s previous quarterly dividend of $1.30. This represents a $5.44 annualized dividend and a yield of 2.62%. The ex-dividend date of this dividend is Thursday, October 31st. Texas Instruments’s dividend payout ratio is currently 84.87%.

Insiders Place Their Bets

In other news, CEO Haviv Ilan sold 1,200 shares of Texas Instruments stock in a transaction on Monday, August 26th. The stock was sold at an average price of $209.44, for a total transaction of $251,328.00. Following the completion of the sale, the chief executive officer now owns 158,676 shares of the company’s stock, valued at approximately $33,233,101.44. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, CEO Haviv Ilan sold 1,200 shares of Texas Instruments stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $209.44, for a total value of $251,328.00. Following the completion of the sale, the chief executive officer now directly owns 158,676 shares in the company, valued at approximately $33,233,101.44. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Shanon J. Leonard sold 2,816 shares of the stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $208.91, for a total value of $588,290.56. Following the sale, the vice president now directly owns 24,112 shares in the company, valued at $5,037,237.92. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 15,558 shares of company stock worth $3,255,323 over the last three months. Insiders own 0.68% of the company’s stock.

Analyst Upgrades and Downgrades

TXN has been the subject of several recent analyst reports. Barclays increased their price target on Texas Instruments from $190.00 to $210.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 24th. Susquehanna raised their target price on shares of Texas Instruments from $205.00 to $250.00 and gave the stock a “positive” rating in a report on Wednesday, July 17th. Robert W. Baird upped their price target on shares of Texas Instruments from $175.00 to $200.00 and gave the company a “neutral” rating in a report on Wednesday, July 24th. The Goldman Sachs Group raised their price objective on shares of Texas Instruments from $157.00 to $176.00 and gave the stock a “sell” rating in a report on Wednesday, July 24th. Finally, KeyCorp boosted their price objective on shares of Texas Instruments from $200.00 to $250.00 and gave the company an “overweight” rating in a research report on Wednesday, July 24th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and an average target price of $205.65.

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.