Silver Oak Securities Incorporated Makes New $222,000 Investment in Texas Instruments Incorporated (NASDAQ:TXN)

Silver Oak Securities Incorporated purchased a new position in Texas Instruments Incorporated (NASDAQ:TXN) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,303 shares of the semiconductor company’s stock, valued at approximately $222,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in TXN. Tennessee Valley Asset Management Partners purchased a new stake in shares of Texas Instruments in the fourth quarter worth approximately $25,000. Life Planning Partners Inc purchased a new stake in shares of Texas Instruments in the fourth quarter worth approximately $26,000. Annapolis Financial Services LLC raised its stake in shares of Texas Instruments by 333.3% in the third quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 120 shares during the last quarter. Briaud Financial Planning Inc purchased a new stake in shares of Texas Instruments in the third quarter worth approximately $25,000. Finally, AMH Equity Ltd purchased a new stake in shares of Texas Instruments in the third quarter worth approximately $32,000. Institutional investors own 84.99% of the company’s stock.

Insider Activity at Texas Instruments

In related news, Chairman Richard K. Templeton sold 104,000 shares of Texas Instruments stock in a transaction on Monday, April 29th. The stock was sold at an average price of $178.68, for a total transaction of $18,582,720.00. Following the completion of the sale, the chairman now owns 403,851 shares of the company’s stock, valued at $72,160,096.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, Chairman Richard K. Templeton sold 104,000 shares of Texas Instruments stock in a transaction on Monday, April 29th. The stock was sold at an average price of $178.68, for a total transaction of $18,582,720.00. Following the completion of the sale, the chairman now owns 403,851 shares of the company’s stock, valued at $72,160,096.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Pamela H. Patsley sold 9,990 shares of Texas Instruments stock in a transaction on Monday, April 29th. The shares were sold at an average price of $179.12, for a total value of $1,789,408.80. Following the sale, the director now directly owns 33,348 shares of the company’s stock, valued at approximately $5,973,293.76. The disclosure for this sale can be found here. 0.68% of the stock is owned by corporate insiders.

Texas Instruments Price Performance

Texas Instruments stock opened at $175.20 on Thursday. Texas Instruments Incorporated has a one year low of $139.48 and a one year high of $188.12. The business has a fifty day moving average price of $170.17 and a 200-day moving average price of $162.71. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.91 and a quick ratio of 3.76. The firm has a market capitalization of $159.52 billion, a P/E ratio of 27.33, a PEG ratio of 3.76 and a beta of 1.01.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.13. Texas Instruments had a return on equity of 35.28% and a net margin of 35.16%. The firm had revenue of $3.66 billion during the quarter, compared to analyst estimates of $3.61 billion. During the same period last year, the company earned $1.85 earnings per share. The business’s revenue for the quarter was down 16.4% on a year-over-year basis. As a group, equities research analysts forecast that Texas Instruments Incorporated will post 5.21 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Investors of record on Wednesday, May 8th will be paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 2.97%. The ex-dividend date is Tuesday, May 7th. Texas Instruments’s dividend payout ratio is 81.12%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on TXN shares. Susquehanna increased their price objective on Texas Instruments from $200.00 to $205.00 and gave the stock a “positive” rating in a research note on Wednesday, April 24th. Benchmark reaffirmed a “buy” rating and set a $210.00 price target on shares of Texas Instruments in a research report on Wednesday, April 24th. UBS Group raised Texas Instruments from a “neutral” rating to a “buy” rating and increased their price target for the company from $170.00 to $195.00 in a research report on Friday, January 19th. Mizuho increased their price target on Texas Instruments from $164.00 to $170.00 and gave the company a “neutral” rating in a research report on Wednesday, April 24th. Finally, Morgan Stanley increased their price target on Texas Instruments from $138.00 to $146.00 and gave the company an “underweight” rating in a research report on Wednesday, January 24th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, Texas Instruments has an average rating of “Hold” and an average target price of $180.74.

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.