Sapient Capital LLC Acquires Shares of 114,351 Texas Instruments Incorporated (NASDAQ:TXN)

Sapient Capital LLC acquired a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 114,351 shares of the semiconductor company's stock, valued at approximately $19,492,000.

Several other institutional investors also recently modified their holdings of TXN. Vanguard Group Inc. boosted its holdings in shares of Texas Instruments by 0.5% in the 3rd quarter. Vanguard Group Inc. now owns 88,862,201 shares of the semiconductor company's stock worth $14,129,979,000 after purchasing an additional 458,853 shares in the last quarter. State Street Corp lifted its position in Texas Instruments by 1.9% in the 1st quarter. State Street Corp now owns 37,818,973 shares of the semiconductor company's stock worth $7,034,694,000 after buying an additional 721,775 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Texas Instruments by 4.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 18,893,821 shares of the semiconductor company's stock worth $2,986,123,000 after buying an additional 839,964 shares in the last quarter. Morgan Stanley grew its position in Texas Instruments by 54.4% during the fourth quarter. Morgan Stanley now owns 14,735,331 shares of the semiconductor company's stock valued at $2,434,572,000 after acquiring an additional 5,191,426 shares during the last quarter. Finally, Northern Trust Corp raised its stake in shares of Texas Instruments by 2.9% during the third quarter. Northern Trust Corp now owns 11,095,428 shares of the semiconductor company's stock worth $1,764,284,000 after acquiring an additional 315,302 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Trading Up 1.3 %

Texas Instruments stock traded up $2.28 during mid-day trading on Thursday, reaching $171.20. 4,351,541 shares of the company traded hands, compared to its average volume of 5,525,223. The firm's 50 day moving average price is $167.24 and its 200 day moving average price is $161.41. Texas Instruments Incorporated has a 52-week low of $139.48 and a 52-week high of $188.12. The company has a debt-to-equity ratio of 0.63, a current ratio of 4.55 and a quick ratio of 3.35. The firm has a market capitalization of $155.80 billion, a price-to-earnings ratio of 23.93, a P/E/G ratio of 3.65 and a beta of 1.04.

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

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 13th. Stockholders of record on Wednesday, January 31st were given a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 3.04%. The ex-dividend date of this dividend was Tuesday, January 30th. Texas Instruments's dividend payout ratio is currently 73.65%.

Insider Activity

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the firm's stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total transaction of $278,778.40. Following the completion of the transaction, the director now owns 11,693 shares of the company's stock, valued at $1,869,126.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.68% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. TD Cowen upped their price objective on shares of Texas Instruments from $145.00 to $160.00 and gave the company a "market perform" rating in a research note on Wednesday, January 24th. UBS Group upgraded Texas Instruments from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $170.00 to $195.00 in a report on Friday, January 19th. Mizuho lowered their target price on Texas Instruments from $170.00 to $164.00 and set a "neutral" rating for the company in a research note on Wednesday, January 24th. Susquehanna reduced their price target on Texas Instruments from $205.00 to $200.00 and set a "positive" rating on the stock in a research report on Wednesday, January 24th. Finally, Morgan Stanley boosted their price objective on Texas Instruments from $138.00 to $146.00 and gave the company an "underweight" rating in a research report on Wednesday, January 24th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $174.42.

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.