Valley National Advisers Inc. Purchases 137 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Valley National Advisers Inc. boosted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 27.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 644 shares of the semiconductor company’s stock after buying an additional 137 shares during the quarter. Valley National Advisers Inc.’s holdings in Texas Instruments were worth $120,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in TXN. Centaurus Financial Inc. increased its holdings in Texas Instruments by 10.5% during the 2nd quarter. Centaurus Financial Inc. now owns 2,537 shares of the semiconductor company’s stock valued at $494,000 after purchasing an additional 241 shares during the period. Czech National Bank grew its position in shares of Texas Instruments by 7.2% in the 3rd quarter. Czech National Bank now owns 185,997 shares of the semiconductor company’s stock worth $38,421,000 after buying an additional 12,496 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Texas Instruments by 19.5% in the 3rd quarter. GAMMA Investing LLC now owns 15,519 shares of the semiconductor company’s stock worth $3,206,000 after buying an additional 2,532 shares during the last quarter. Azzad Asset Management Inc. ADV raised its holdings in shares of Texas Instruments by 1.5% during the third quarter. Azzad Asset Management Inc. ADV now owns 12,586 shares of the semiconductor company’s stock valued at $2,600,000 after acquiring an additional 188 shares in the last quarter. Finally, Diversified Trust Co lifted its stake in Texas Instruments by 30.3% in the third quarter. Diversified Trust Co now owns 8,746 shares of the semiconductor company’s stock worth $1,807,000 after acquiring an additional 2,033 shares during the period. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Trading Down 0.4 %

Shares of NASDAQ:TXN opened at $184.61 on Monday. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. Texas Instruments Incorporated has a 1 year low of $155.46 and a 1 year high of $220.38. The company has a market cap of $168.40 billion, a P/E ratio of 35.57, a PEG ratio of 2.94 and a beta of 0.97. The stock’s fifty day moving average price is $191.69 and its 200-day moving average price is $198.78.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping 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 last year, the business posted $1.49 earnings per share. Sell-side analysts expect that Texas Instruments Incorporated will post 5.42 earnings per share for the current year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be paid a $1.36 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.95%. Texas Instruments’s dividend payout ratio (DPR) is currently 104.82%.

Analyst Upgrades and Downgrades

TXN has been the topic of a number of research analyst reports. Bank of America reduced their price objective on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Mizuho decreased their price target on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research note on Friday, January 24th. Susquehanna lowered their price objective on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a report on Monday, October 21st. Morgan Stanley upped their target price on Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a report on Wednesday, October 23rd. Finally, Rosenblatt Securities restated a “buy” rating and issued a $250.00 target price on shares of Texas Instruments in a research note on Tuesday, January 21st. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $209.20.

Insider Buying and Selling

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction 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 the SEC website. 0.68% of the stock is currently owned by corporate insiders.

Texas Instruments 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.