Texas Instruments Incorporated (NASDAQ:TXN) Shares Bought by Vise Technologies Inc.

Vise Technologies Inc. lifted its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 34.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,896 shares of the semiconductor company's stock after acquiring an additional 2,555 shares during the quarter. Vise Technologies Inc.'s holdings in Texas Instruments were worth $1,856,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Promus Capital LLC purchased a new stake in Texas Instruments during the fourth quarter worth $25,000. Financial Life Planners purchased a new position in Texas Instruments during the fourth quarter valued at $26,000. Summit Securities Group LLC purchased a new position in Texas Instruments during the fourth quarter valued at $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in Texas Instruments during the fourth quarter valued at $28,000. Finally, Atala Financial Inc purchased a new position in Texas Instruments during the fourth quarter valued at $37,000. Institutional investors and hedge funds own 84.99% of the company's stock.

Texas Instruments Trading Up 3.9%

TXN stock traded up $6.94 during trading on Tuesday, reaching $183.24. 7,936,877 shares of the stock were exchanged, compared to its average volume of 6,324,315. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The business has a 50 day moving average price of $167.86 and a 200-day moving average price of $183.11. Texas Instruments Incorporated has a 1 year low of $139.95 and a 1 year high of $220.39. The firm has a market capitalization of $166.47 billion, a price-to-earnings 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 issued its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping analysts' consensus estimates of $1.06 by $0.22. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The company had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same period in the previous year, the firm earned $1.10 earnings per share. Texas Instruments's quarterly revenue was up 11.1% compared to the same quarter last year. On average, research analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

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

Insider Buying and Selling at Texas Instruments

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

Analyst Ratings Changes

Several research firms have issued reports on TXN. Summit Insights downgraded shares of Texas Instruments from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Robert W. Baird raised shares of Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 price objective on the stock in a report on Monday, April 7th. JPMorgan Chase & Co. decreased their price objective on shares of Texas Instruments from $230.00 to $195.00 and set an "overweight" rating on the stock in a report on Thursday, April 24th. Morgan Stanley reaffirmed an "underweight" rating and set a $148.00 price objective (up from $146.00) on shares of Texas Instruments in a report on Thursday, April 24th. Finally, Stifel Nicolaus lowered their price target on shares of Texas Instruments from $200.00 to $160.00 and set a "hold" rating on the stock in a research report on Thursday, April 17th. Four equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $189.41.

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.