LM Advisors LLC Purchases New Shares in Texas Instruments Incorporated (NASDAQ:TXN)

LM Advisors LLC acquired a new stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,172 shares of the semiconductor company's stock, valued at approximately $970,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Blossom Wealth Management grew its position in Texas Instruments by 5.1% in the fourth quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company's stock valued at $213,000 after acquiring an additional 55 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management grew its holdings in shares of Texas Instruments by 1.8% during the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 3,187 shares of the semiconductor company's stock valued at $598,000 after purchasing an additional 56 shares during the last quarter. OLD Second National Bank of Aurora increased its position in Texas Instruments by 11.1% during the 4th quarter. OLD Second National Bank of Aurora now owns 572 shares of the semiconductor company's stock worth $107,000 after purchasing an additional 57 shares in the last quarter. Voya Financial Advisors Inc. lifted its stake in Texas Instruments by 1.6% in the 4th quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company's stock valued at $686,000 after purchasing an additional 58 shares during the last quarter. Finally, Avitas Wealth Management LLC boosted its position in Texas Instruments by 0.5% in the fourth quarter. Avitas Wealth Management LLC now owns 10,835 shares of the semiconductor company's stock valued at $2,032,000 after buying an additional 59 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Benchmark decreased their target price on shares of Texas Instruments from $230.00 to $200.00 and set a "buy" rating on the stock in a research note on Thursday, April 24th. Seaport Res Ptn raised Texas Instruments to a "strong sell" rating in a report on Wednesday, April 30th. Robert W. Baird upgraded Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 target price for the company in a research report on Monday, April 7th. Summit Insights cut Texas Instruments from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Finally, Argus upgraded shares of Texas Instruments to a "strong-buy" rating in a report on Friday, April 25th. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $189.41.

Texas Instruments Stock Down 2.2%

NASDAQ:TXN traded down $4.14 on Friday, hitting $180.85. The stock had a trading volume of 15,099,736 shares, compared to its average volume of 6,347,945. 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 $139.95 and a 52 week high of $220.39. The business's fifty day moving average is $167.94 and its 200 day moving average is $182.68. The company has a market cap of $164.30 billion, a PE ratio of 34.85, a P/E/G ratio of 3.30 and a beta of 0.97.

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

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were given a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 3.01%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments's payout ratio is presently 103.23%.

Texas Instruments Company 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.