Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Hunter Associates Investment Management LLC

Hunter Associates Investment Management LLC lifted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 8.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,325 shares of the semiconductor company’s stock after purchasing an additional 627 shares during the quarter. Hunter Associates Investment Management LLC’s holdings in Texas Instruments were worth $1,566,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Strategic Investment Solutions Inc. IL purchased a new position in Texas Instruments in the second quarter worth approximately $122,000. Heritage Wealth Management Inc. acquired a new position in shares of Texas Instruments in the 2nd quarter valued at $210,000. Cavalry Management Group LLC purchased a new position in shares of Texas Instruments during the 2nd quarter worth $457,000. Centaurus Financial Inc. increased its position in shares of Texas Instruments by 10.5% during the 2nd quarter. Centaurus Financial Inc. now owns 2,537 shares of the semiconductor company’s stock worth $494,000 after purchasing an additional 241 shares during the last quarter. Finally, Abacus Planning Group Inc. raised its holdings in Texas Instruments by 10.4% in the 3rd quarter. Abacus Planning Group Inc. now owns 1,758 shares of the semiconductor company’s stock valued at $363,000 after buying an additional 166 shares during the period. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Trading Up 2.8 %

TXN opened at $185.27 on Friday. The company has a market cap of $169.01 billion, a P/E ratio of 35.70, a PEG ratio of 2.87 and a beta of 0.98. Texas Instruments Incorporated has a one year low of $155.46 and a one year high of $220.38. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The business’s 50-day simple moving average is $192.21 and its 200-day simple moving average is $199.05.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate 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 prior year, the firm earned $1.49 earnings per share. As a group, equities research analysts expect that Texas Instruments Incorporated will post 5.42 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be given a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 2.94%. The ex-dividend date is Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is 104.82%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on TXN shares. Susquehanna dropped their price target on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a research report on Monday, October 21st. Summit Insights upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Barclays decreased their price target on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research note on Friday, January 24th. Robert W. Baird dropped their price objective on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Finally, Mizuho decreased their target price on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research note on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $209.20.

Insider Buying and Selling at Texas Instruments

In other news, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were 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 approximately $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.68% of the stock is owned by company insiders.

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.