Sapient Capital LLC Grows Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Sapient Capital LLC grew its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 183,904 shares of the semiconductor company’s stock after purchasing an additional 2,859 shares during the quarter. Sapient Capital LLC’s holdings in Texas Instruments were worth $34,484,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TXN. Financial Life Planners acquired a new stake in shares of Texas Instruments during the fourth quarter worth approximately $26,000. Retirement Wealth Solutions LLC bought a new stake in shares of Texas Instruments in the 4th quarter worth about $27,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of Texas Instruments in the 3rd quarter valued at about $28,000. Tsfg LLC lifted its position in shares of Texas Instruments by 82.0% during the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 82 shares during the last quarter. Finally, Capital Performance Advisors LLP acquired a new stake in Texas Instruments during the third quarter valued at approximately $39,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TXN has been the subject of several research reports. Bank of America decreased their target price 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. Wells Fargo & Company dropped 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, January 13th. Mizuho decreased their price target on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a report on Friday, January 24th. Robert W. Baird dropped their price objective on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Finally, Cantor Fitzgerald restated a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Texas Instruments has an average rating of “Hold” and an average price target of $209.20.

Insider Activity at Texas Instruments

In other news, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction 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 sale, the director now directly 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the transaction, the director now owns 14,323 shares in the company, valued at $2,912,295.59. The trade was a 42.39 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is owned by insiders.

Texas Instruments Stock Performance

NASDAQ TXN opened at $180.31 on Tuesday. Texas Instruments Incorporated has a twelve month low of $155.46 and a twelve month high of $220.38. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The company’s 50-day simple moving average is $189.75 and its 200 day simple moving average is $198.03. The stock has a market cap of $164.48 billion, a P/E ratio of 34.74, a PEG ratio of 2.95 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same period in the previous year, the business earned $1.49 earnings per share. As a group, research analysts forecast that Texas Instruments Incorporated will post 5.38 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be given a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 3.02%. The ex-dividend date is Friday, January 31st. Texas Instruments’s dividend payout ratio is 104.82%.

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.