Texas Instruments Incorporated (NASDAQ:TXN) Stock Position Increased by CoreCap Advisors LLC

CoreCap Advisors LLC boosted its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 15.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,521 shares of the semiconductor company's stock after buying an additional 1,540 shares during the quarter. CoreCap Advisors LLC's holdings in Texas Instruments were worth $2,160,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Cresset Asset Management LLC grew its holdings in shares of Texas Instruments by 68.6% during the 4th quarter. Cresset Asset Management LLC now owns 171,291 shares of the semiconductor company's stock valued at $32,119,000 after acquiring an additional 69,668 shares in the last quarter. Crestline Management LP acquired a new position in Texas Instruments during the fourth quarter valued at approximately $20,370,000. Camrose Capital Investment Partners LLP bought a new position in shares of Texas Instruments in the fourth quarter valued at approximately $8,171,000. BOKF NA boosted its holdings in shares of Texas Instruments by 3.5% during the 4th quarter. BOKF NA now owns 36,765 shares of the semiconductor company's stock worth $6,991,000 after buying an additional 1,238 shares during the period. Finally, Blue Capital Inc. bought a new stake in Texas Instruments during the fourth quarter valued at about $217,000. Institutional investors own 84.99% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on TXN. Baird R W upgraded shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. Summit Insights cut Texas Instruments from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. KeyCorp reduced their target price on Texas Instruments from $250.00 to $215.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. Cantor Fitzgerald lowered their price target on shares of Texas Instruments from $200.00 to $170.00 and set a "neutral" rating on the stock in a report on Thursday, April 24th. Finally, Barclays downgraded shares of Texas Instruments from an "equal weight" rating to an "underweight" rating and reduced their price objective for the stock from $180.00 to $125.00 in a report on Tuesday, April 22nd. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $189.41.

Texas Instruments Trading Up 2.3 %

NASDAQ TXN opened at $164.79 on Thursday. The stock has a market capitalization of $149.71 billion, a price-to-earnings ratio of 31.75, a PEG ratio of 3.30 and a beta of 0.97. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $220.39. The stock's 50 day moving average price is $168.32 and its two-hundred day moving average price is $185.58. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, beating analysts' consensus estimates of $1.06 by $0.22. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The business had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter last year, the firm earned $1.10 earnings per share. The firm's revenue for the quarter was up 11.1% compared to the same quarter last year. As a group, analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th will be given a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 3.30%. The ex-dividend date of this dividend is Wednesday, April 30th. Texas Instruments's dividend payout ratio (DPR) is 103.23%.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of the business's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the transaction, the director now owns 10,816 shares of the company's stock, valued at $2,202,353.92. The trade was a 35.93 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $202.68, for a total value of $19,659,960.00. Following the completion of the sale, the chairman now directly owns 409,089 shares of the company's stock, valued at approximately $82,914,158.52. The trade was a 19.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 297,065 shares of company stock worth $59,734,685 in the last 90 days. Corporate insiders own 0.57% of the company's stock.

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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