Texas Instruments Incorporated (NASDAQ:TXN) Shares Bought by Tealwood Asset Management Inc.

Tealwood Asset Management Inc. raised its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,079 shares of the semiconductor company’s stock after acquiring an additional 219 shares during the period. Tealwood Asset Management Inc.’s holdings in Texas Instruments were worth $2,265,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Prime Capital Investment Advisors LLC grew its stake in Texas Instruments by 22.4% in the 2nd quarter. Prime Capital Investment Advisors LLC now owns 20,843 shares of the semiconductor company’s stock valued at $4,055,000 after acquiring an additional 3,813 shares during the period. Fairfield Financial Advisors LTD acquired a new position in Texas Instruments during the second quarter worth about $165,000. Abound Wealth Management grew its stake in Texas Instruments by 252.4% during the 2nd quarter. Abound Wealth Management now owns 504 shares of the semiconductor company’s stock valued at $98,000 after acquiring an additional 361 shares in the last quarter. One Capital Management LLC raised its holdings in Texas Instruments by 47.3% in the 2nd quarter. One Capital Management LLC now owns 3,188 shares of the semiconductor company’s stock valued at $620,000 after acquiring an additional 1,024 shares during the last quarter. Finally, Citizens Financial Group Inc. RI lifted its stake in Texas Instruments by 25.4% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 37,007 shares of the semiconductor company’s stock worth $7,199,000 after purchasing an additional 7,501 shares in the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. 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. Susquehanna cut their target price 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. Robert W. Baird reduced their price target on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Cantor Fitzgerald reissued a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a report on Wednesday, October 23rd. Finally, Wells Fargo & Company decreased their target price on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a report on Monday. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and a consensus price target of $209.71.

Insiders Place Their Bets

In other news, 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 transaction 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 represents 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. Also, Director Robert E. Sanchez sold 9,990 shares of the firm’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $208.80, for a total value of $2,085,912.00. Following the sale, the director now directly owns 20,461 shares in the company, valued at $4,272,256.80. This trade 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 company insiders.

Texas Instruments Stock Up 0.5 %

Shares of TXN opened at $191.09 on Tuesday. The company’s 50-day simple moving average is $196.48 and its 200-day simple moving average is $199.76. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. Texas Instruments Incorporated has a 1 year low of $155.46 and a 1 year high of $220.38. The stock has a market capitalization of $174.32 billion, a PE ratio of 35.52, a P/E/G ratio of 4.19 and a beta of 0.98.

Texas Instruments (NASDAQ:TXN) last released its earnings results 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 company had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.12 billion. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The firm’s quarterly revenue was down 8.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.80 EPS. Analysts forecast that Texas Instruments Incorporated will post 5.08 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Thursday, October 31st were paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 2.85%. This is a boost from Texas Instruments’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend was Thursday, October 31st. Texas Instruments’s payout ratio is presently 101.12%.

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.