17,001 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Purchased by Tyche Wealth Partners LLC

Tyche Wealth Partners 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 disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,001 shares of the semiconductor company's stock, valued at approximately $2,898,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its position in Texas Instruments by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 88,862,201 shares of the semiconductor company's stock valued at $14,129,979,000 after purchasing an additional 458,853 shares during the period. State Street Corp grew its position in shares of Texas Instruments by 1.9% during 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 period. Charles Schwab Investment Management Inc. grew its position in shares of Texas Instruments by 4.7% during the 3rd 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 during the period. Morgan Stanley grew its position in shares of Texas Instruments by 54.4% during the 4th quarter. Morgan Stanley now owns 14,735,331 shares of the semiconductor company's stock worth $2,434,572,000 after buying an additional 5,191,426 shares during the period. Finally, Northern Trust Corp grew its position in shares of Texas Instruments by 2.9% during the 3rd quarter. Northern Trust Corp now owns 11,095,428 shares of the semiconductor company's stock worth $1,764,284,000 after buying an additional 315,302 shares during the period. Institutional investors own 84.99% of the company's stock.

Texas Instruments Stock Performance

TXN traded up $1.24 during trading hours on Tuesday, hitting $167.59. The stock had a trading volume of 3,389,018 shares, compared to its average volume of 5,484,493. The company's fifty day simple moving average is $167.76 and its 200 day simple moving average is $161.62. Texas Instruments Incorporated has a 1 year low of $139.48 and a 1 year high of $188.12. The stock has a market cap of $152.52 billion, a PE ratio of 23.79, a price-to-earnings-growth 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 (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, topping the consensus estimate of $1.46 by $0.03. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The company had revenue of $4.08 billion during the quarter, compared to analyst estimates of $4.12 billion. During the same quarter last year, the firm posted $2.13 EPS. The firm's revenue for the quarter was down 12.7% on a year-over-year basis. Equities analysts anticipate that Texas Instruments Incorporated will post 5.16 earnings per share for the current year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 13th. Investors of record on Wednesday, January 31st were issued a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 3.10%. The ex-dividend date of this dividend was Tuesday, January 30th. Texas Instruments's dividend payout ratio (DPR) is currently 73.65%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Rosenblatt Securities reaffirmed a "buy" rating and set a $190.00 price objective on shares of Texas Instruments in a research report on Tuesday, January 23rd. Barclays cut their target price on Texas Instruments from $160.00 to $150.00 and set an "equal weight" rating on the stock in a report on Wednesday, January 24th. Susquehanna cut their target price on Texas Instruments from $205.00 to $200.00 and set a "positive" rating on the stock in a report on Wednesday, January 24th. Mizuho dropped their price objective on Texas Instruments from $170.00 to $164.00 and set a "neutral" rating on the stock in a research note on Wednesday, January 24th. Finally, KeyCorp raised their price objective on Texas Instruments from $180.00 to $200.00 and gave the company an "overweight" rating in a research note on Wednesday, January 24th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $176.68.

Insider Buying and Selling

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of Texas Instruments stock in a transaction dated 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 approximately $1,869,126.05. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.68% of the stock is currently 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.

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