Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Hamilton Point Investment Advisors LLC

Hamilton Point Investment Advisors LLC grew its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 1.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,406 shares of the semiconductor company’s stock after purchasing an additional 782 shares during the period. Texas Instruments makes up approximately 1.4% of Hamilton Point Investment Advisors LLC’s portfolio, making the stock its 23rd biggest holding. Hamilton Point Investment Advisors LLC’s holdings in Texas Instruments were worth $7,952,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of TXN. Hunter Associates Investment Management LLC raised its holdings in Texas Instruments by 8.1% during the fourth quarter. Hunter Associates Investment Management LLC now owns 8,325 shares of the semiconductor company’s stock worth $1,566,000 after purchasing an additional 627 shares in the last quarter. Sonora Investment Management Group LLC raised its stake in shares of Texas Instruments by 1.4% during the 4th quarter. Sonora Investment Management Group LLC now owns 90,908 shares of the semiconductor company’s stock worth $17,046,000 after buying an additional 1,269 shares in the last quarter. Cibc World Market Inc. lifted its holdings in shares of Texas Instruments by 43.8% in the 4th quarter. Cibc World Market Inc. now owns 156,374 shares of the semiconductor company’s stock valued at $29,322,000 after buying an additional 47,614 shares during the period. Strategic Wealth Investment Group LLC boosted its stake in shares of Texas Instruments by 1.8% in the fourth quarter. Strategic Wealth Investment Group LLC now owns 35,292 shares of the semiconductor company’s stock valued at $6,618,000 after buying an additional 616 shares in the last quarter. Finally, Mediolanum International Funds Ltd grew its holdings in Texas Instruments by 14.3% during the fourth quarter. Mediolanum International Funds Ltd now owns 47,939 shares of the semiconductor company’s stock worth $8,988,000 after acquiring an additional 6,000 shares during the period. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Summit Insights upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Mizuho decreased their price objective 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. Morgan Stanley increased their target price on shares of Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a report on Wednesday, October 23rd. Cantor Fitzgerald reissued a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a research note on Friday, January 24th. Finally, Susquehanna dropped their price objective on Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a research note on Monday, October 21st. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $209.20.

Insider Buying and Selling

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. Corporate insiders own 0.68% of the company’s stock.

Texas Instruments Stock Performance

Shares of TXN opened at $185.27 on Friday. The company has a market capitalization of $169.01 billion, a price-to-earnings ratio of 35.70, a PEG ratio of 2.87 and a beta of 0.98. 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 Incorporated has a 1 year low of $155.46 and a 1 year high of $220.38. The company’s 50 day simple moving average is $191.95 and its 200 day simple moving average is $198.96.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) 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 quarter in the previous year, the business earned $1.49 EPS. On average, sell-side analysts predict that Texas Instruments Incorporated will post 5.42 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed 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 of this dividend is Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.94%. Texas Instruments’s payout ratio is currently 104.82%.

Texas Instruments 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.