International Assets Investment Management LLC Has $102.38 Million Position in Texas Instruments Incorporated (NASDAQ:TXN)

International Assets Investment Management LLC raised its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 16,963.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 600,629 shares of the semiconductor company's stock after buying an additional 597,109 shares during the quarter. International Assets Investment Management LLC owned about 0.07% of Texas Instruments worth $102,383,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of TXN. Annapolis Financial Services LLC raised its stake in Texas Instruments by 333.3% in the third quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company's stock valued at $25,000 after buying an additional 120 shares in the last quarter. Briaud Financial Planning Inc purchased a new position in Texas Instruments during the 3rd quarter worth $25,000. Life Planning Partners Inc acquired a new stake in Texas Instruments during the 4th quarter worth approximately $26,000. Riverview Trust Co grew its holdings in Texas Instruments by 57.4% during the third quarter. Riverview Trust Co now owns 181 shares of the semiconductor company's stock worth $29,000 after acquiring an additional 66 shares during the period. Finally, Coppell Advisory Solutions Corp. acquired a new stake in shares of Texas Instruments in the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 84.99% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on TXN. UBS Group upgraded Texas Instruments from a "neutral" rating to a "buy" rating and raised their price target for the company from $170.00 to $195.00 in a research report on Friday, January 19th. KeyCorp lifted their price objective on Texas Instruments from $180.00 to $200.00 and gave the stock an "overweight" rating in a research report on Wednesday, January 24th. Truist Financial reduced their price objective on Texas Instruments from $166.00 to $165.00 and set a "hold" rating on the stock in a research report on Friday, February 9th. Rosenblatt Securities reiterated a "buy" rating and issued a $190.00 price target on shares of Texas Instruments in a report on Tuesday, January 23rd. Finally, Mizuho lowered their price objective on shares of Texas Instruments from $170.00 to $164.00 and set a "neutral" rating for the company in a research note on Wednesday, January 24th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Texas Instruments presently has a consensus rating of "Hold" and an average price target of $173.89.

Texas Instruments Stock Performance

NASDAQ:TXN traded down $1.03 during mid-day trading on Friday, hitting $167.50. The stock had a trading volume of 5,011,370 shares, compared to its average volume of 5,151,927. Texas Instruments Incorporated has a 52 week low of $139.48 and a 52 week high of $188.12. The stock has a market capitalization of $152.44 billion, a price-to-earnings ratio of 23.73, a P/E/G ratio of 3.63 and a beta of 1.04. The company has a 50 day simple moving average of $166.77 and a 200-day simple moving average of $161.21. The company has a current ratio of 4.55, a quick ratio of 3.35 and a debt-to-equity ratio of 0.63.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its earnings results on Monday, January 22nd. The semiconductor company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.46 by $0.03. The firm had revenue of $4.08 billion for the quarter, compared to analysts' expectations of $4.12 billion. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. During the same quarter in the previous year, the company earned $2.13 earnings per share. The firm's quarterly revenue was down 12.7% compared to the same quarter last year. On average, research analysts expect that Texas Instruments Incorporated will post 5.16 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 13th. Stockholders of record on Wednesday, January 31st were paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 3.10%. The ex-dividend date of this dividend was Tuesday, January 30th. Texas Instruments's dividend payout ratio is presently 73.65%.

Insider Transactions at Texas Instruments

In other news, Director Mark A. Blinn sold 1,744 shares of Texas Instruments stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total value of $278,778.40. Following the transaction, the director now directly owns 11,693 shares of the company's stock, valued at $1,869,126.05. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.68% of the stock is owned by 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.