Cambiar Investors LLC Acquires 26,177 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Cambiar Investors LLC raised its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 9.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 311,644 shares of the semiconductor company’s stock after buying an additional 26,177 shares during the period. Texas Instruments comprises approximately 2.3% of Cambiar Investors LLC’s investment portfolio, making the stock its 9th biggest position. Cambiar Investors LLC’s holdings in Texas Instruments were worth $58,436,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. MidAtlantic Capital Management Inc. acquired a new stake in shares of Texas Instruments in the third quarter worth $28,000. Financial Life Planners acquired a new stake in shares of Texas Instruments in the fourth quarter worth $26,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Texas Instruments in the fourth quarter worth $27,000. Tsfg LLC lifted its stake in shares of Texas Instruments by 82.0% in the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after buying an additional 82 shares during the last quarter. Finally, Capital Performance Advisors LLP acquired a new stake in shares of Texas Instruments in the third quarter worth $39,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Evercore ISI raised their target price on shares of Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Barclays decreased their target price on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research note on Friday, January 24th. Robert W. Baird cut their price target on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Finally, Benchmark reissued a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $209.20.

Texas Instruments Stock Up 0.2 %

Texas Instruments stock opened at $180.31 on Tuesday. The firm has a market cap of $164.48 billion, a price-to-earnings ratio of 34.74, a PEG ratio of 2.95 and a beta of 0.97. The stock has a fifty day simple moving average of $189.75 and a two-hundred day simple moving average of $198.03. Texas Instruments Incorporated has a 12 month low of $155.46 and a 12 month high of $220.38. 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 posted its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping 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 business posted $1.49 earnings per share. Equities analysts predict that Texas Instruments Incorporated will post 5.38 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be issued a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 3.02%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s payout ratio is currently 104.82%.

Insider Buying and Selling

In other Texas Instruments news, Director Mark A. Blinn sold 590 shares of the business’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the completion of the sale, the director now owns 11,717 shares of the company’s stock, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction dated 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 completion of 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 disclosure for this sale can be found here. 0.68% of the stock is currently owned by corporate insiders.

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.