Texas Instruments Incorporated (NASDAQ:TXN) Position Increased by Cibc World Market Inc.

Cibc World Market Inc. boosted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 43.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 156,374 shares of the semiconductor company’s stock after purchasing an additional 47,614 shares during the quarter. Cibc World Market Inc.’s holdings in Texas Instruments were worth $29,322,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of TXN. Retirement Wealth Solutions LLC acquired a new position in shares of Texas Instruments in the 4th quarter worth approximately $27,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of Texas Instruments in the third quarter worth $28,000. Tsfg LLC grew its stake in Texas Instruments by 82.0% during the 3rd quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 82 shares in the last quarter. Capital Performance Advisors LLP purchased a new stake in Texas Instruments in the 3rd quarter worth approximately $39,000. Finally, FSA Wealth Management LLC acquired a new stake in Texas Instruments during the third quarter valued at $41,000. Institutional investors own 84.99% of the company’s stock.

Insider Buying and Selling at Texas Instruments

In related news, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction 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 transaction, the director now directly 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 legal filing with the SEC, which is accessible through this link. Insiders own 0.68% of the company’s stock.

Texas Instruments Price Performance

NASDAQ TXN opened at $184.61 on Friday. 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 fifty day moving average is $191.95 and its 200 day moving average is $198.96. The company has a market capitalization of $168.40 billion, a PE ratio of 35.57, a price-to-earnings-growth ratio of 2.87 and a beta of 0.98. Texas Instruments Incorporated has a fifty-two week low of $155.46 and a fifty-two week high of $220.38.

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

Texas Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders 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 yield of 2.95%. Texas Instruments’s payout ratio is presently 104.82%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Cantor Fitzgerald restated a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Evercore ISI increased their price objective on shares of Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Rosenblatt Securities restated a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a research report on Tuesday, January 21st. Susquehanna reduced their price objective 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, Barclays cut their target price on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $209.20.

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.