Sivia Capital Partners LLC Invests $214,000 in Texas Instruments Incorporated (NASDAQ:TXN)

Sivia Capital Partners LLC acquired a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 1,255 shares of the semiconductor company’s stock, valued at approximately $214,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Spartan Planning & Wealth Management acquired a new stake in shares of Texas Instruments during the 4th quarter worth $176,000. Wahed Invest LLC increased its holdings in shares of Texas Instruments by 7.3% during the 4th quarter. Wahed Invest LLC now owns 15,508 shares of the semiconductor company’s stock worth $2,643,000 after buying an additional 1,053 shares during the last quarter. ICA Group Wealth Management LLC acquired a new stake in Texas Instruments in the 4th quarter valued at $158,000. SageView Advisory Group LLC increased its holdings in Texas Instruments by 379.5% in the 4th quarter. SageView Advisory Group LLC now owns 9,681 shares of the semiconductor company’s stock valued at $1,569,000 after purchasing an additional 7,662 shares in the last quarter. Finally, Fisher Asset Management LLC increased its holdings in Texas Instruments by 2.8% in the 4th quarter. Fisher Asset Management LLC now owns 214,287 shares of the semiconductor company’s stock valued at $36,527,000 after purchasing an additional 5,934 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Texas Instruments

In related news, Chairman Richard K. Templeton sold 100,440 shares of the stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $178.47, for a total value of $17,925,526.80. Following the sale, the chairman now owns 403,851 shares of the company’s stock, valued at approximately $72,075,287.97. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, Director Robert E. Sanchez sold 10,539 shares of the company’s stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $174.97, for a total value of $1,844,008.83. Following the completion of the sale, the director now owns 20,461 shares of the company’s stock, valued at $3,580,061.17. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Richard K. Templeton sold 100,440 shares of the company’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $178.47, for a total transaction of $17,925,526.80. Following the completion of the sale, the chairman now directly owns 403,851 shares of the company’s stock, valued at approximately $72,075,287.97. The disclosure for this sale can be found here. In the last three months, insiders have sold 328,969 shares of company stock worth $58,427,984. 0.68% of the stock is currently owned by insiders.

Texas Instruments Stock Performance

Shares of TXN opened at $194.90 on Tuesday. The stock has a market capitalization of $177.45 billion, a PE ratio of 30.41, a price-to-earnings-growth ratio of 4.20 and a beta of 1.00. The business’s fifty day moving average price is $185.32 and its 200 day moving average price is $173.05. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.91 and a quick ratio of 3.76. Texas Instruments Incorporated has a 12-month low of $139.48 and a 12-month high of $206.00.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.07 by $0.13. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. The company had revenue of $3.66 billion for the quarter, compared to the consensus estimate of $3.61 billion. During the same period last year, the firm posted $1.85 EPS. The company’s revenue for the quarter was down 16.4% on a year-over-year basis. Equities research analysts forecast that Texas Instruments Incorporated will post 5.13 EPS for the current year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, May 21st. Stockholders of record on Wednesday, May 8th were given a $1.30 dividend. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.67%. Texas Instruments’s payout ratio is currently 81.12%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on TXN. Rosenblatt Securities reiterated a “buy” rating and issued a $210.00 price target on shares of Texas Instruments in a report on Wednesday, April 24th. JPMorgan Chase & Co. increased their price target on Texas Instruments from $180.00 to $195.00 and gave the company an “overweight” rating in a report on Wednesday, April 24th. TD Cowen increased their price target on Texas Instruments from $160.00 to $175.00 and gave the company a “hold” rating in a report on Wednesday, April 24th. The Goldman Sachs Group increased their price target on Texas Instruments from $137.00 to $157.00 and gave the company a “sell” rating in a report on Wednesday, April 24th. Finally, Barclays increased their price target on Texas Instruments from $150.00 to $190.00 and gave the company an “equal weight” rating in a report on Monday, May 20th. Four analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $182.48.

Texas Instruments Company 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.