LM Advisors LLC Invests $970,000 in Texas Instruments Incorporated (NASDAQ:TXN)

LM Advisors LLC purchased a new position in Texas Instruments Incorporated (NASDAQ:TXN) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 5,172 shares of the semiconductor company’s stock, valued at approximately $970,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TXN. Howard Capital Management Group LLC bought a new position in Texas Instruments in the third quarter worth approximately $202,000. Quest Partners LLC purchased a new stake in shares of Texas Instruments in the 3rd quarter worth $226,000. Great Valley Advisor Group Inc. grew its position in shares of Texas Instruments by 5.0% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 2,337 shares of the semiconductor company’s stock worth $483,000 after buying an additional 111 shares in the last quarter. FMR LLC increased its stake in shares of Texas Instruments by 4.1% during the third quarter. FMR LLC now owns 2,702,653 shares of the semiconductor company’s stock valued at $558,287,000 after buying an additional 106,002 shares during the period. Finally, Avestar Capital LLC raised its holdings in shares of Texas Instruments by 14.2% in the third quarter. Avestar Capital LLC now owns 5,380 shares of the semiconductor company’s stock valued at $1,111,000 after acquiring an additional 670 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on TXN shares. Cantor Fitzgerald reissued a “neutral” rating and set a $200.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Benchmark reissued a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a research report on Tuesday, January 21st. Truist Financial reduced their price target 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. Finally, Wells Fargo & Company dropped their price objective on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. 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 company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $209.20.

Texas Instruments Price Performance

NASDAQ:TXN opened at $184.49 on Thursday. The firm’s fifty day moving average is $186.90 and its two-hundred day moving average is $194.99. The firm has a market cap of $167.87 billion, a price-to-earnings ratio of 35.55, a PEG ratio of 3.30 and a beta of 0.98. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. Texas Instruments Incorporated has a one year low of $159.11 and a one year high of $220.39.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS 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 last year, the business earned $1.49 EPS. Research analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date was Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is presently 104.82%.

Insider Activity at Texas Instruments

In related news, Chairman Richard K. Templeton sold 97,000 shares of the company’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $202.72, for a total value of $19,663,840.00. Following the completion of the transaction, the chairman now owns 409,089 shares of the company’s stock, valued at approximately $82,930,522.08. This represents a 19.17 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 $2,117,379.07. This trade represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 297,655 shares of company stock worth $59,841,304. 0.57% of the stock is owned by company insiders.

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.