HF Advisory Group LLC Grows Position in Texas Instruments Incorporated (NASDAQ:TXN)

HF Advisory Group LLC grew its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 0.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,544 shares of the semiconductor company’s stock after buying an additional 52 shares during the quarter. HF Advisory Group LLC’s holdings in Texas Instruments were worth $1,602,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TXN. Aaron Wealth Advisors LLC increased its stake in shares of Texas Instruments by 3.8% in the fourth quarter. Aaron Wealth Advisors LLC now owns 6,463 shares of the semiconductor company’s stock worth $1,212,000 after purchasing an additional 235 shares in the last quarter. Moss Adams Wealth Advisors LLC boosted its holdings in Texas Instruments by 6.0% in the 4th quarter. Moss Adams Wealth Advisors LLC now owns 1,704 shares of the semiconductor company’s stock worth $320,000 after buying an additional 97 shares during the period. Nexus Investment Management ULC increased its stake in Texas Instruments by 3.3% in the 4th quarter. Nexus Investment Management ULC now owns 100,665 shares of the semiconductor company’s stock worth $18,876,000 after buying an additional 3,190 shares in the last quarter. Financial Management Professionals Inc. raised its holdings in Texas Instruments by 7.9% during the fourth quarter. Financial Management Professionals Inc. now owns 5,063 shares of the semiconductor company’s stock valued at $949,000 after acquiring an additional 372 shares during the period. Finally, Ameritas Advisory Services LLC lifted its position in shares of Texas Instruments by 73.7% in the fourth quarter. Ameritas Advisory Services LLC now owns 8,739 shares of the semiconductor company’s stock valued at $1,639,000 after acquiring an additional 3,707 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on TXN shares. Robert W. Baird decreased their target price on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Rosenblatt Securities reiterated a “buy” rating and set a $250.00 price objective on shares of Texas Instruments in a research report on Wednesday, October 23rd. Barclays dropped their target price on shares of Texas Instruments from $210.00 to $200.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 23rd. Susquehanna decreased their price target on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research note on Monday, October 21st. Finally, Morgan Stanley lifted 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. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $209.71.

Texas Instruments Price Performance

Shares of TXN stock opened at $192.42 on Friday. The stock has a 50 day moving average price of $194.79 and a 200 day moving average price of $199.64. The firm has a market capitalization of $175.53 billion, a P/E ratio of 35.77, a P/E/G ratio of 3.69 and a beta of 0.98. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. Texas Instruments Incorporated has a 52-week low of $155.46 and a 52-week high of $220.38.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.09. The firm had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.12 billion. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The business’s revenue was down 8.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.80 earnings per share. As a group, sell-side analysts predict that Texas Instruments Incorporated will post 5.08 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is presently 101.12%.

Insider Activity

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction dated 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 transaction, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. This represents a 42.39 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert E. Sanchez sold 9,990 shares of the business’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the completion of the sale, the director now owns 20,461 shares of the company’s stock, valued at approximately $4,272,256.80. This represents a 32.81 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.68% of the company’s stock.

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.