Hamilton Point Investment Advisors LLC Raises Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Hamilton Point Investment Advisors LLC boosted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 42,406 shares of the semiconductor company’s stock after purchasing an additional 782 shares during the period. Texas Instruments makes up approximately 1.4% of Hamilton Point Investment Advisors LLC’s portfolio, making the stock its 23rd biggest holding. Hamilton Point Investment Advisors LLC’s holdings in Texas Instruments were worth $7,952,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Fiduciary Alliance LLC grew its position in shares of Texas Instruments by 25.3% during the 4th quarter. Fiduciary Alliance LLC now owns 36,801 shares of the semiconductor company’s stock valued at $6,901,000 after acquiring an additional 7,424 shares during the period. Townsquare Capital LLC grew its holdings in Texas Instruments by 5.9% in the third quarter. Townsquare Capital LLC now owns 93,689 shares of the semiconductor company’s stock valued at $19,353,000 after purchasing an additional 5,201 shares during the period. HB Wealth Management LLC increased its position in shares of Texas Instruments by 4.4% in the fourth quarter. HB Wealth Management LLC now owns 99,856 shares of the semiconductor company’s stock valued at $18,724,000 after buying an additional 4,238 shares in the last quarter. Swiss National Bank raised its position in Texas Instruments by 0.3% during the third quarter. Swiss National Bank now owns 2,702,500 shares of the semiconductor company’s stock worth $558,255,000 after acquiring an additional 8,100 shares during the period. Finally, Philip James Wealth Mangement LLC lifted its stake in Texas Instruments by 335.5% in the 3rd quarter. Philip James Wealth Mangement LLC now owns 5,200 shares of the semiconductor company’s stock valued at $1,074,000 after buying an additional 4,006 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Analyst Ratings Changes

TXN has been the topic of several recent research reports. Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research note on Wednesday, October 23rd. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a research note on Tuesday, January 21st. 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 note on Monday, October 21st. Bank of America reduced their price target 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. Finally, Barclays lowered their price objective on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research report 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 issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently 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 firm’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 sale, the director now owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.68% of the stock is owned by insiders.

Texas Instruments Stock Performance

NASDAQ:TXN opened at $185.27 on Friday. The company has a market cap of $169.01 billion, a price-to-earnings ratio of 35.70, a price-to-earnings-growth ratio of 2.87 and a beta of 0.98. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a 52 week low of $155.46 and a 52 week high of $220.38. The company has a fifty day simple moving average of $191.95 and a two-hundred day simple moving average of $198.96.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping the consensus estimate 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 quarter in the prior year, the business posted $1.49 EPS. As a group, equities analysts anticipate that Texas Instruments Incorporated will post 5.42 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

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

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.