Griffith & Werner Inc. Makes New $493,000 Investment in Texas Instruments Incorporated (NASDAQ:TXN)

Griffith & Werner Inc. bought a new stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,627 shares of the semiconductor company's stock, valued at approximately $493,000.

Several other institutional investors have also recently bought and sold shares of TXN. Vanguard Group Inc. boosted its holdings in shares of Texas Instruments by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 93,567,277 shares of the semiconductor company's stock valued at $17,544,800,000 after buying an additional 649,620 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Texas Instruments by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 21,554,142 shares of the semiconductor company's stock valued at $4,032,599,000 after acquiring an additional 267,352 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Texas Instruments by 11.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 21,487,468 shares of the semiconductor company's stock worth $4,029,115,000 after acquiring an additional 2,237,035 shares during the period. Norges Bank acquired a new position in shares of Texas Instruments during the 4th quarter worth approximately $2,584,490,000. Finally, Alliancebernstein L.P. increased its holdings in shares of Texas Instruments by 6.9% during the 4th quarter. Alliancebernstein L.P. now owns 12,706,971 shares of the semiconductor company's stock worth $2,382,684,000 after acquiring an additional 822,797 shares during the last quarter. Institutional investors own 84.99% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on TXN shares. UBS Group cut their price objective on shares of Texas Instruments from $225.00 to $215.00 and set a "buy" rating for the company in a research report on Thursday, April 24th. Wells Fargo & Company reduced their price target on Texas Instruments from $200.00 to $175.00 and set an "equal weight" rating for the company in a research note on Thursday, April 24th. Summit Insights cut Texas Instruments from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Mizuho set a $170.00 price objective on shares of Texas Instruments in a report on Thursday, April 24th. Finally, TD Securities reissued a "hold" rating and set a $160.00 price target on shares of Texas Instruments in a research report on Thursday, April 24th. Four equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $189.41.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Chairman Richard K. Templeton sold 97,000 shares of the business's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $197.69, for a total transaction of $19,175,930.00. Following the completion of the sale, the chairman now directly owns 409,089 shares of the company's stock, valued at approximately $80,872,804.41. The trade was a 19.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.57% of the company's stock.

Texas Instruments Trading Up 3.9%

Shares of TXN stock traded up $6.94 during mid-day trading on Tuesday, hitting $183.24. The company's stock had a trading volume of 7,936,877 shares, compared to its average volume of 6,324,316. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $220.39. 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 company's fifty day simple moving average is $167.86 and its 200-day simple moving average is $183.11. The company has a market cap of $166.47 billion, a PE ratio of 35.31, a P/E/G ratio of 3.30 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.22. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The firm had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same period in the previous year, the firm posted $1.10 earnings per share. The business's revenue was up 11.1% compared to the same quarter last year. As a group, equities research analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th were issued a dividend of $1.36 per share. The ex-dividend date was Wednesday, April 30th. This represents a $5.44 annualized dividend and a yield of 2.97%. Texas Instruments's payout ratio is 103.23%.

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.