BIP Wealth LLC Grows Stake in Texas Instruments Incorporated (NASDAQ:TXN)

BIP Wealth LLC increased its position in Texas Instruments Incorporated (NASDAQ:TXN) by 16.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,330 shares of the semiconductor company’s stock after acquiring an additional 184 shares during the period. BIP Wealth LLC’s holdings in Texas Instruments were worth $249,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of TXN. BLI Banque de Luxembourg Investments bought a new stake in shares of Texas Instruments during the 4th quarter valued at $2,823,000. Alteri Wealth LLC purchased a new position in Texas Instruments during the fourth quarter valued at $529,000. Alyeska Investment Group L.P. bought a new stake in Texas Instruments during the fourth quarter valued at about $157,261,000. Aptus Capital Advisors LLC increased its position in Texas Instruments by 81.3% in the fourth quarter. Aptus Capital Advisors LLC now owns 13,926 shares of the semiconductor company’s stock worth $2,611,000 after buying an additional 6,245 shares in the last quarter. Finally, Atalanta Sosnoff Capital LLC raised its stake in shares of Texas Instruments by 4.2% in the fourth quarter. Atalanta Sosnoff Capital LLC now owns 3,653 shares of the semiconductor company’s stock worth $685,000 after buying an additional 147 shares during the period. Institutional investors own 84.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. DZ Bank raised shares of Texas Instruments from a “sell” rating to a “hold” rating and set a $163.00 target price for the company in a report on Friday, April 25th. TD Securities restated a “hold” rating and set a $160.00 price objective on shares of Texas Instruments in a research report on Thursday, April 24th. Citigroup dropped their target price on shares of Texas Instruments from $235.00 to $210.00 and set a “buy” rating for the company in a report on Friday, April 11th. UBS Group lowered their price objective on Texas Instruments from $225.00 to $215.00 and set a “buy” rating on the stock in a research report on Thursday, April 24th. Finally, Argus raised Texas Instruments to a “strong-buy” rating in a research note on Friday, April 25th. Four equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $189.41.

Texas Instruments Stock Up 3.9 %

Shares of TXN opened at $164.51 on Monday. The firm has a market capitalization of $149.45 billion, a P/E ratio of 31.70, a P/E/G ratio of 3.30 and a beta of 0.97. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $220.39. The firm has a fifty day moving average price of $170.27 and a 200-day moving average price of $186.15. 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 released its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.22. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The company had revenue of $4.07 billion during the quarter, compared to analysts’ expectations of $3.91 billion. During the same period in the previous year, the company earned $1.10 EPS. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. Equities research analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th will be given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date of this dividend is Wednesday, April 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 103.23%.

Insiders Place Their Bets

In other news, Director Mark A. Blinn sold 590 shares of the company’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 value 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. This represents a 4.79 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Janet F. Clark sold 6,065 shares of Texas Instruments stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the transaction, the director now directly owns 10,816 shares in the company, valued at approximately $2,202,353.92. The trade was a 35.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 297,655 shares of company stock worth $59,841,304. 0.57% of the stock is currently owned by company 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.