Sivia Capital Partners LLC Makes New $292,000 Investment in Texas Instruments Incorporated (NASDAQ:TXN)

Sivia Capital Partners LLC acquired a new stake in Texas Instruments Incorporated (NASDAQ:TXN) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 1,502 shares of the semiconductor company’s stock, valued at approximately $292,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Richardson Financial Services Inc. bought a new position in shares of Texas Instruments during the fourth quarter valued at about $26,000. Scarborough Advisors LLC bought a new position in Texas Instruments during the 4th quarter worth approximately $26,000. Westend Capital Management LLC purchased a new position in Texas Instruments in the 1st quarter worth approximately $31,000. Norwood Financial Corp bought a new stake in Texas Instruments in the first quarter valued at approximately $32,000. Finally, Fortis Group Advisors LLC boosted its stake in shares of Texas Instruments by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 196 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 98 shares during the period. Institutional investors own 84.99% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on TXN. Wells Fargo & Company assumed coverage on shares of Texas Instruments in a research note on Thursday, May 16th. They issued an “underweight” rating and a $150.00 target price on the stock. Deutsche Bank Aktiengesellschaft increased their target price on shares of Texas Instruments from $160.00 to $185.00 and gave the stock a “hold” rating in a report on Wednesday, July 24th. Robert W. Baird boosted their price target on Texas Instruments from $175.00 to $200.00 and gave the company a “neutral” rating in a report on Wednesday, July 24th. The Goldman Sachs Group upped their price target on Texas Instruments from $157.00 to $176.00 and gave the company a “sell” rating in a research report on Wednesday, July 24th. Finally, Truist Financial cut their price objective on Texas Instruments from $203.00 to $198.00 and set a “hold” rating on the stock in a research report on Wednesday, August 21st. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $204.67.

Texas Instruments Trading Down 2.0 %

NASDAQ TXN opened at $197.45 on Friday. Texas Instruments Incorporated has a 12 month low of $139.48 and a 12 month high of $214.66. The company has a current ratio of 4.62, a quick ratio of 3.49 and a debt-to-equity ratio of 0.75. The stock’s fifty day moving average price is $200.50 and its 200-day moving average price is $187.40. The stock has a market cap of $180.28 billion, a P/E ratio of 30.80, a P/E/G ratio of 4.43 and a beta of 0.99.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Tuesday, July 23rd. The semiconductor company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.16 by $0.06. The company had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.82 billion. Texas Instruments had a net margin of 33.01% and a return on equity of 31.10%. Texas Instruments’s revenue for the quarter was down 15.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.87 EPS. As a group, equities analysts forecast that Texas Instruments Incorporated will post 5.11 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 13th. Investors of record on Wednesday, July 31st were given a $1.30 dividend. The ex-dividend date of this dividend was Wednesday, July 31st. This represents a $5.20 annualized dividend and a yield of 2.63%. Texas Instruments’s dividend payout ratio (DPR) is presently 81.12%.

Insider Buying and Selling at Texas Instruments

In related news, CAO Julie C. Knecht sold 7,764 shares of the stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $209.49, for a total transaction of $1,626,480.36. Following the sale, the chief accounting officer now directly owns 11,806 shares of the company’s stock, valued at $2,473,238.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, CAO Julie C. Knecht sold 7,764 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $209.49, for a total transaction of $1,626,480.36. Following the completion of the transaction, the chief accounting officer now directly owns 11,806 shares of the company’s stock, valued at $2,473,238.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Mohammad Yunus sold 3,778 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $208.90, for a total transaction of $789,224.20. Following the completion of the sale, the vice president now owns 28,894 shares in the company, valued at approximately $6,035,956.60. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,558 shares of company stock worth $3,255,323. Insiders own 0.68% of the company’s stock.

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.