Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC increased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 43.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 121,949 shares of the semiconductor company's stock after purchasing an additional 37,129 shares during the period. Kovitz Investment Group Partners LLC's holdings in Texas Instruments were worth $22,867,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Howard Capital Management Group LLC acquired a new stake in shares of Texas Instruments in the 3rd quarter worth $202,000. Invst LLC acquired a new stake in shares of Texas Instruments in the 3rd quarter worth $209,000. Anchor Investment Management LLC lifted its stake in shares of Texas Instruments by 25.7% in the 3rd quarter. Anchor Investment Management LLC now owns 11,633 shares of the semiconductor company's stock worth $2,403,000 after acquiring an additional 2,378 shares during the period. Pine Valley Investments Ltd Liability Co lifted its stake in shares of Texas Instruments by 1.1% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 18,599 shares of the semiconductor company's stock worth $3,842,000 after acquiring an additional 197 shares during the period. Finally, World Investment Advisors LLC lifted its stake in shares of Texas Instruments by 156.4% in the third quarter. World Investment Advisors LLC now owns 6,993 shares of the semiconductor company's stock valued at $1,444,000 after purchasing an additional 4,266 shares during the period. Institutional investors and hedge funds own 84.99% of the company's stock.

Texas Instruments Trading Up 0.6 %

Shares of TXN traded up $0.89 during trading hours on Wednesday, hitting $160.30. The stock had a trading volume of 3,557,445 shares, compared to its average volume of 6,198,254. 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 firm has a market cap of $145.86 billion, a P/E ratio of 30.89, a P/E/G ratio of 3.30 and a beta of 0.99. The company's fifty day simple moving average is $172.66 and its 200 day simple moving average is $187.11. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $220.39.

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 for the quarter, topping the consensus estimate of $1.06 by $0.22. The business had revenue of $4.07 billion for the quarter, compared to analyst estimates of $3.91 billion. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The business's quarterly revenue was up 11.1% on a year-over-year basis. During the same period last year, the company posted $1.10 EPS. Equities research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th will be given a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 3.39%. The ex-dividend date is Wednesday, April 30th. Texas Instruments's dividend payout ratio (DPR) is presently 103.23%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Truist Financial reduced their price objective on shares of Texas Instruments from $195.00 to $171.00 and set a "hold" rating for the company in a research note on Thursday, April 24th. Cantor Fitzgerald reduced their price objective on shares of Texas Instruments from $200.00 to $170.00 and set a "neutral" rating for the company in a research note on Thursday, April 24th. Stifel Nicolaus reduced their price objective on shares of Texas Instruments from $200.00 to $160.00 and set a "hold" rating for the company in a research note on Thursday, April 17th. Argus upgraded shares of Texas Instruments to a "strong-buy" rating in a report on Friday, April 25th. Finally, UBS Group dropped their target price on shares of Texas Instruments from $225.00 to $215.00 and set a "buy" rating for the company in a report on Thursday, April 24th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $189.41.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of the firm's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $203.62, for a total value of $1,234,955.30. Following the transaction, the director now directly owns 10,816 shares of the company's stock, valued at $2,202,353.92. This trade represents a 35.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the firm's stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the transaction, the director now directly owns 11,717 shares in the company, valued at $2,117,379.07. This trade represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 297,655 shares of company stock valued at $59,841,304 over the last three months. 0.57% of the stock is owned by company insiders.

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.