Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Sapient Capital LLC

Sapient Capital LLC lifted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 183,904 shares of the semiconductor company’s stock after acquiring an additional 2,859 shares during the period. Sapient Capital LLC’s holdings in Texas Instruments were worth $34,484,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Ritholtz Wealth Management grew its position in shares of Texas Instruments by 15.2% in the 3rd quarter. Ritholtz Wealth Management now owns 8,381 shares of the semiconductor company’s stock valued at $1,731,000 after buying an additional 1,107 shares during the last quarter. Annex Advisory Services LLC grew its holdings in shares of Texas Instruments by 2.4% during the third quarter. Annex Advisory Services LLC now owns 7,067 shares of the semiconductor company’s stock worth $1,460,000 after purchasing an additional 163 shares during the last quarter. Exchange Traded Concepts LLC increased its position in shares of Texas Instruments by 18.8% during the third quarter. Exchange Traded Concepts LLC now owns 6,135 shares of the semiconductor company’s stock worth $1,267,000 after purchasing an additional 973 shares in the last quarter. Sound Income Strategies LLC lifted its holdings in shares of Texas Instruments by 12.5% in the 3rd quarter. Sound Income Strategies LLC now owns 1,543 shares of the semiconductor company’s stock valued at $319,000 after purchasing an additional 171 shares during the last quarter. Finally, Webster Bank N. A. boosted its position in shares of Texas Instruments by 13.6% in the 3rd quarter. Webster Bank N. A. now owns 1,836 shares of the semiconductor company’s stock valued at $379,000 after purchasing an additional 220 shares during the period. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Up 0.2 %

Shares of NASDAQ TXN opened at $180.31 on Tuesday. The firm’s 50-day moving average is $189.75 and its two-hundred day moving average is $198.03. The company has a market capitalization of $164.48 billion, a PE ratio of 34.74, a price-to-earnings-growth ratio of 2.95 and a beta of 0.97. Texas Instruments Incorporated has a 12-month low of $155.46 and a 12-month high of $220.38. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same period last year, the company posted $1.49 EPS. Equities analysts anticipate that Texas Instruments Incorporated will post 5.38 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be issued a dividend of $1.36 per share. The ex-dividend date is Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.02%. Texas Instruments’s dividend payout ratio (DPR) is presently 104.82%.

Insider Activity at Texas Instruments

In related news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $203.33, for a total value of $2,142,894.87. Following the transaction, the director now directly owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Mark A. Blinn sold 590 shares of the business’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the sale, the director now directly owns 11,717 shares of the company’s stock, valued at approximately $2,117,379.07. This trade represents a 4.79 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Truist Financial reduced their price objective on Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research note on Friday, January 24th. Robert W. Baird reduced their price target on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Barclays lowered their price objective on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research report on Friday, January 24th. Susquehanna reduced their target price on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a report on Monday, October 21st. Finally, Rosenblatt Securities reissued a “buy” rating and set a $250.00 price target on shares of Texas Instruments in a report on Tuesday, January 21st. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $209.20.

About Texas Instruments

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.