Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Hunter Associates Investment Management LLC

Hunter Associates Investment Management LLC lifted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 8.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,325 shares of the semiconductor company’s stock after purchasing an additional 627 shares during the period. Hunter Associates Investment Management LLC’s holdings in Texas Instruments were worth $1,566,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Strategic Investment Solutions Inc. IL purchased a new stake in shares of Texas Instruments during the 2nd quarter worth approximately $122,000. Heritage Wealth Management Inc. acquired a new position in Texas Instruments during the second quarter worth $210,000. Cavalry Management Group LLC purchased a new stake in Texas Instruments during the second quarter worth $457,000. Centaurus Financial Inc. boosted its position in Texas Instruments by 10.5% during the second quarter. Centaurus Financial Inc. now owns 2,537 shares of the semiconductor company’s stock worth $494,000 after purchasing an additional 241 shares in the last quarter. Finally, Abacus Planning Group Inc. increased its position in shares of Texas Instruments by 10.4% in the third quarter. Abacus Planning Group Inc. now owns 1,758 shares of the semiconductor company’s stock valued at $363,000 after buying an additional 166 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Performance

Shares of TXN stock opened at $185.27 on Friday. The firm has a market capitalization of $169.01 billion, a price-to-earnings ratio of 35.70, a price-to-earnings-growth ratio of 2.87 and a beta of 0.98. The company has a 50 day moving average price of $192.21 and a 200 day moving average price of $199.05. Texas Instruments Incorporated has a one year low of $155.46 and a one year high of $220.38. 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) last issued its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping the consensus estimate 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. Sell-side analysts anticipate that Texas Instruments Incorporated will post 5.42 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be paid a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 2.94%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 104.82%.

Insider Transactions at Texas Instruments

In related news, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the transaction, the director now owns 14,323 shares in the company, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.68% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Rosenblatt Securities reiterated a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a research report on Tuesday, January 21st. 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 report on Friday, January 24th. Truist Financial dropped their price objective on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research note on Friday, January 24th. Wells Fargo & Company reduced their target price on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Finally, Bank of America dropped their price target on Texas Instruments from $220.00 to $215.00 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price 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.