Sivia Capital Partners LLC Purchases Shares of 1,255 Texas Instruments Incorporated (NASDAQ:TXN)

Sivia Capital Partners LLC purchased a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,255 shares of the semiconductor company’s stock, valued at approximately $214,000.

Other institutional investors have also added to or reduced their stakes in the company. Spartan Planning & Wealth Management purchased a new position in shares of Texas Instruments in the 4th quarter worth approximately $176,000. Wahed Invest LLC boosted its holdings in shares of Texas Instruments by 7.3% in the 4th quarter. Wahed Invest LLC now owns 15,508 shares of the semiconductor company’s stock worth $2,643,000 after purchasing an additional 1,053 shares during the period. ICA Group Wealth Management LLC bought a new stake in shares of Texas Instruments during the 4th quarter worth approximately $158,000. SageView Advisory Group LLC lifted its stake in shares of Texas Instruments by 379.5% during the 4th quarter. SageView Advisory Group LLC now owns 9,681 shares of the semiconductor company’s stock worth $1,569,000 after acquiring an additional 7,662 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its stake in shares of Texas Instruments by 2.8% during the 4th quarter. Fisher Asset Management LLC now owns 214,287 shares of the semiconductor company’s stock worth $36,527,000 after acquiring an additional 5,934 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Up 0.5 %

Shares of TXN stock opened at $194.90 on Tuesday. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $206.00. The stock’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. The company has a market cap of $177.45 billion, a price-to-earnings ratio of 30.41, a price-to-earnings-growth ratio of 4.20 and a beta of 1.00.

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

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 21st. Investors of record on Wednesday, May 8th were paid a dividend of $1.30 per share. The ex-dividend date of this dividend was Tuesday, May 7th. This represents a $5.20 annualized dividend and a yield of 2.67%. Texas Instruments’s dividend payout ratio (DPR) is 81.12%.

Wall Street Analyst Weigh In

TXN has been the subject of a number of research analyst reports. Susquehanna raised their price target on Texas Instruments from $200.00 to $205.00 and gave the stock a “positive” rating in a research note on Wednesday, April 24th. Wells Fargo & Company started coverage on Texas Instruments in a research note on Thursday, May 16th. They set an “underweight” rating and a $150.00 price target for the company. Barclays lifted their target price on Texas Instruments from $150.00 to $190.00 and gave the company an “equal weight” rating in a research report on Monday, May 20th. Truist Financial lifted their target price on Texas Instruments from $165.00 to $167.00 and gave the company a “hold” rating in a research report on Wednesday, April 24th. Finally, Cantor Fitzgerald lifted their target price on Texas Instruments from $180.00 to $210.00 and gave the company a “neutral” rating in a research report on Wednesday, May 15th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $182.48.

Insider Buying and Selling

In related news, Director Robert E. Sanchez sold 10,539 shares of the business’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $174.97, for a total transaction of $1,844,008.83. Following the transaction, the director now directly owns 20,461 shares in the company, valued at approximately $3,580,061.17. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other Texas Instruments news, Chairman Richard K. Templeton sold 104,000 shares of the business’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $178.68, for a total transaction of $18,582,720.00. Following the sale, the chairman now owns 403,851 shares in the company, valued at approximately $72,160,096.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robert E. Sanchez sold 10,539 shares of the business’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 sale, the director now owns 20,461 shares in the company, valued at approximately $3,580,061.17. The disclosure for this sale can be found here. Insiders have sold a total of 328,969 shares of company stock worth $58,427,984 in the last ninety days. 0.68% of the stock is owned by 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.