Texas Instruments Incorporated (NASDAQ:TXN) Shares Bought by Capital Planning Advisors LLC

Capital Planning Advisors LLC grew its position in Texas Instruments Incorporated (NASDAQ:TXN) by 7.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,211 shares of the semiconductor company’s stock after buying an additional 1,052 shares during the quarter. Capital Planning Advisors LLC’s holdings in Texas Instruments were worth $2,852,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Thrivent Financial for Lutherans boosted its stake in shares of Texas Instruments by 25.4% during the second quarter. Thrivent Financial for Lutherans now owns 73,210 shares of the semiconductor company’s stock valued at $14,241,000 after acquiring an additional 14,828 shares during the last quarter. Public Sector Pension Investment Board boosted its stake in shares of Texas Instruments by 74.0% during the 2nd quarter. Public Sector Pension Investment Board now owns 35,008 shares of the semiconductor company’s stock worth $6,810,000 after purchasing an additional 14,888 shares during the last quarter. Evergreen Capital Management LLC grew its holdings in shares of Texas Instruments by 33.3% during the second quarter. Evergreen Capital Management LLC now owns 9,204 shares of the semiconductor company’s stock worth $1,790,000 after buying an additional 2,299 shares in the last quarter. Zurich Insurance Group Ltd FI raised its position in shares of Texas Instruments by 68.4% in the second quarter. Zurich Insurance Group Ltd FI now owns 631,764 shares of the semiconductor company’s stock valued at $122,897,000 after buying an additional 256,619 shares during the last quarter. Finally, Trinity Legacy Partners LLC lifted its stake in shares of Texas Instruments by 7.3% during the second quarter. Trinity Legacy Partners LLC now owns 2,312 shares of the semiconductor company’s stock valued at $450,000 after buying an additional 157 shares during the period. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following the completion of the transaction, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Robert E. Sanchez sold 9,990 shares of Texas Instruments stock in a transaction on Friday, October 25th. The shares were sold at an average price of $208.80, for a total value of $2,085,912.00. Following the transaction, the director now owns 20,461 shares in the company, valued at $4,272,256.80. This represents a 32.81 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is owned by corporate insiders.

Texas Instruments Trading Up 0.9 %

Texas Instruments stock opened at $197.05 on Thursday. Texas Instruments Incorporated has a 52-week low of $155.46 and a 52-week high of $220.38. The company has a quick ratio of 3.14, a current ratio of 4.31 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $179.75 billion, a price-to-earnings ratio of 36.63, a PEG ratio of 3.80 and a beta of 0.98. The firm has a 50-day moving average price of $193.80 and a two-hundred day moving average price of $199.56.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.09. The business had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.12 billion. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. The business’s revenue for the quarter was down 8.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.80 EPS. Sell-side analysts expect that Texas Instruments Incorporated will post 5.08 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be given a $1.36 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.76%. Texas Instruments’s dividend payout ratio is presently 101.12%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on TXN. Susquehanna cut their price target on Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a report on Monday, October 21st. Rosenblatt Securities reiterated a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a research report on Tuesday. Benchmark restated a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a report on Wednesday, October 23rd. Morgan Stanley increased their price objective on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a report on Wednesday, October 23rd. Finally, Summit Insights upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $210.45.

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.