Y Intercept Hong Kong Ltd Invests $1.05 Million in Texas Instruments Incorporated (NASDAQ:TXN)

Y Intercept Hong Kong Ltd acquired a new stake in Texas Instruments Incorporated (NASDAQ:TXN) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,587 shares of the semiconductor company’s stock, valued at approximately $1,048,000.

Other hedge funds also recently added to or reduced their stakes in the company. Partners Wealth Management LLC acquired a new position in Texas Instruments in the fourth quarter valued at about $206,000. World Equity Group Inc. raised its stake in shares of Texas Instruments by 105.8% in the 4th quarter. World Equity Group Inc. now owns 3,200 shares of the semiconductor company’s stock valued at $600,000 after acquiring an additional 1,645 shares during the period. Delta Financial Group Inc. acquired a new position in shares of Texas Instruments in the 4th quarter worth approximately $309,000. Ascent Wealth Partners LLC boosted its position in shares of Texas Instruments by 1.1% during the 4th quarter. Ascent Wealth Partners LLC now owns 8,573 shares of the semiconductor company’s stock worth $1,608,000 after purchasing an additional 91 shares during the period. Finally, Howard Capital Management Inc. increased its holdings in Texas Instruments by 3.4% in the 4th quarter. Howard Capital Management Inc. now owns 27,429 shares of the semiconductor company’s stock valued at $5,143,000 after purchasing an additional 908 shares during the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Texas Instruments Stock Down 0.9 %

Shares of NASDAQ TXN opened at $198.24 on Thursday. The business has a 50-day moving average of $189.17 and a two-hundred day moving average of $197.70. The company has a market capitalization of $180.46 billion, a price-to-earnings ratio of 38.20, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. Texas Instruments Incorporated has a 1 year low of $159.11 and a 1 year high of $220.38. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping the consensus estimate 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 quarter in the previous year, the business earned $1.49 earnings per share. On average, analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were given a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is 104.82%.

Analyst Ratings Changes

TXN has been the topic of a number of research reports. Wells Fargo & Company decreased their price target on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Benchmark reissued a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Truist Financial dropped their target price on Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research report on Friday, January 24th. Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a research note on Friday, January 24th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a research note on Tuesday, January 21st. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $209.20.

Insider Buying and Selling

In related news, Director Janet F. Clark sold 6,065 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the transaction, the director now owns 10,816 shares in the company, valued at $2,202,353.92. This trade represents a 35.93 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Mark A. Blinn sold 590 shares of the business’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 disclosure for this sale can be found here. Insiders have sold 200,655 shares of company stock worth $40,665,374 in the last ninety days. 0.68% of the stock is owned by corporate insiders.

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.