Texas Instruments Incorporated (NASDAQ:TXN) Shares Bought by Bristol John W & Co. Inc. NY

Bristol John W & Co. Inc. NY increased its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 5.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 601,336 shares of the semiconductor company's stock after acquiring an additional 32,140 shares during the period. Texas Instruments makes up approximately 1.9% of Bristol John W & Co. Inc. NY's investment portfolio, making the stock its 25th biggest position. Bristol John W & Co. Inc. NY owned 0.07% of Texas Instruments worth $102,504,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Tennessee Valley Asset Management Partners purchased a new position in shares of Texas Instruments during the fourth quarter valued at approximately $25,000. Life Planning Partners Inc purchased a new stake in shares of Texas Instruments in the fourth quarter valued at approximately $26,000. Annapolis Financial Services LLC boosted its holdings in shares of 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 purchasing an additional 120 shares during the period. Briaud Financial Planning Inc purchased a new stake in shares of Texas Instruments in the third quarter valued at approximately $25,000. Finally, Riverview Trust Co boosted its holdings in shares of Texas Instruments by 57.4% in the third quarter. Riverview Trust Co now owns 181 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 66 shares during the period. Hedge funds and other institutional investors own 84.99% of the company's stock.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the company's stock in a transaction 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 sale, 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 filing with the SEC, which is available through the SEC website. 0.68% of the stock is owned by corporate insiders.

Texas Instruments Stock Performance

Shares of TXN traded down $4.87 during trading hours on Friday, reaching $166.33. 5,473,566 shares of the company traded hands, compared to its average volume of 5,009,015. The stock has a market capitalization of $151.37 billion, a P/E ratio of 23.56, a P/E/G ratio of 3.58 and a beta of 1.04. The company has a quick ratio of 3.35, a current ratio of 4.55 and a debt-to-equity ratio of 0.63. Texas Instruments Incorporated has a 12-month low of $139.48 and a 12-month high of $188.12. The business has a fifty day moving average price of $167.61 and a 200-day moving average price of $161.57.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $4.08 billion for the quarter, compared to analyst estimates of $4.12 billion. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. The business's quarterly revenue was down 12.7% compared to the same quarter last year. During the same period in the previous year, the company earned $2.13 earnings per share. Equities analysts anticipate that Texas Instruments Incorporated will post 5.16 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 13th. Shareholders of record on Wednesday, January 31st were issued a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 3.13%. The ex-dividend date was Tuesday, January 30th. Texas Instruments's payout ratio is 73.65%.

Analysts Set New Price Targets

TXN has been the subject of a number of research reports. TD Cowen boosted their price target on Texas Instruments from $145.00 to $160.00 and gave the company a "market perform" rating in a report on Wednesday, January 24th. Morgan Stanley boosted their price objective on shares of Texas Instruments from $138.00 to $146.00 and gave the stock an "underweight" rating in a research note on Wednesday, January 24th. Rosenblatt Securities reissued a "buy" rating and issued a $190.00 price objective on shares of Texas Instruments in a research note on Tuesday, January 23rd. Mizuho reduced 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. Finally, Cantor Fitzgerald boosted their price objective on shares of Texas Instruments from $170.00 to $180.00 and gave the stock a "neutral" rating in a research note on Monday, April 8th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Texas Instruments currently has an average rating of "Hold" and a consensus price target of $174.42.

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.