McAdam LLC Buys 381 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

McAdam LLC grew its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 36.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,415 shares of the semiconductor company’s stock after buying an additional 381 shares during the period. McAdam LLC’s holdings in Texas Instruments were worth $265,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Czech National Bank lifted its position in Texas Instruments by 7.2% in the third quarter. Czech National Bank now owns 185,997 shares of the semiconductor company’s stock worth $38,421,000 after purchasing an additional 12,496 shares during the period. GAMMA Investing LLC boosted its position in shares of Texas Instruments by 19.5% during the 3rd quarter. GAMMA Investing LLC now owns 15,519 shares of the semiconductor company’s stock valued at $3,206,000 after acquiring an additional 2,532 shares in the last quarter. Azzad Asset Management Inc. ADV increased its stake in Texas Instruments by 1.5% in the third quarter. Azzad Asset Management Inc. ADV now owns 12,586 shares of the semiconductor company’s stock valued at $2,600,000 after acquiring an additional 188 shares during the period. Diversified Trust Co lifted its stake in Texas Instruments by 30.3% during the third quarter. Diversified Trust Co now owns 8,746 shares of the semiconductor company’s stock worth $1,807,000 after purchasing an additional 2,033 shares during the period. Finally, Miracle Mile Advisors LLC boosted its holdings in Texas Instruments by 13.7% during the third quarter. Miracle Mile Advisors LLC now owns 9,830 shares of the semiconductor company’s stock valued at $2,031,000 after purchasing an additional 1,183 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Trading Down 2.0 %

NASDAQ:TXN opened at $180.94 on Tuesday. The firm has a market capitalization of $165.06 billion, a price-to-earnings ratio of 34.86, a PEG ratio of 2.94 and a beta of 0.97. Texas Instruments Incorporated has a 1-year low of $155.46 and a 1-year high of $220.38. The business’s 50-day moving average price is $191.69 and its two-hundred day moving average price is $198.75. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data 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 net margin of 30.68% and a return on equity of 28.08%. During the same quarter in the previous year, the company earned $1.49 earnings per share. On average, equities analysts expect that Texas Instruments Incorporated will post 5.42 earnings per share for the current year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders 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 annualized dividend and a yield of 3.01%. Texas Instruments’s dividend payout ratio is presently 104.82%.

Insider Buying and Selling at Texas Instruments

In related news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the sale, the director now directly owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.68% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TXN. Susquehanna dropped their target price on Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a report on Monday, October 21st. Wells Fargo & Company cut their price objective on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. Robert W. Baird lowered their target price on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Morgan Stanley increased their target price on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 23rd. Finally, Mizuho reduced their price target on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $209.20.

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.