Emerald Advisors LLC Has $945,000 Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Emerald Advisors LLC boosted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 3.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,042 shares of the semiconductor company’s stock after buying an additional 155 shares during the quarter. Emerald Advisors LLC’s holdings in Texas Instruments were worth $945,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Howard Capital Management Group LLC acquired a new position in Texas Instruments in the third quarter valued at $202,000. Raleigh Capital Management Inc. lifted its stake in shares of Texas Instruments by 13.3% in the 3rd quarter. Raleigh Capital Management Inc. now owns 553 shares of the semiconductor company’s stock valued at $114,000 after purchasing an additional 65 shares during the period. Foundations Investment Advisors LLC boosted its position in shares of Texas Instruments by 31.0% during the 3rd quarter. Foundations Investment Advisors LLC now owns 6,473 shares of the semiconductor company’s stock valued at $1,337,000 after purchasing an additional 1,531 shares in the last quarter. Eastern Bank bought a new stake in Texas Instruments in the third quarter worth approximately $722,000. Finally, Waldron Private Wealth LLC lifted its stake in Texas Instruments by 10.9% in the third quarter. Waldron Private Wealth LLC now owns 3,524 shares of the semiconductor company’s stock valued at $728,000 after buying an additional 347 shares during the period. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Performance

Shares of TXN opened at $196.32 on Thursday. The stock has a 50 day moving average of $187.99 and a 200 day moving average of $197.23. The company has a market capitalization of $178.72 billion, a price-to-earnings ratio of 37.83, a PEG ratio of 3.02 and a beta of 0.97. Texas Instruments Incorporated has a 12 month low of $159.11 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 announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating 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 last year, the firm posted $1.49 earnings per share. As a group, sell-side analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 104.82%.

Insider Transactions at Texas Instruments

In other news, Director Ronald Kirk sold 10,539 shares of Texas Instruments 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark A. Blinn sold 590 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The shares were 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 directly owns 11,717 shares in the company, valued at approximately $2,117,379.07. This trade represents a 4.79 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently commented on TXN shares. Morgan Stanley raised their price objective 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. Truist Financial decreased their price target 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. Bank of America cut their price objective on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Robert W. Baird decreased their target price on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Finally, Benchmark reiterated a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a report on Friday, January 24th. Two investment 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. According to data from MarketBeat, Texas Instruments has a consensus rating of “Hold” and an average price target of $209.20.

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.