Bison Wealth LLC Purchases 218 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Bison Wealth LLC grew its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 2.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,897 shares of the semiconductor company’s stock after acquiring an additional 218 shares during the period. Bison Wealth LLC’s holdings in Texas Instruments were worth $1,517,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Norges Bank acquired a new position in shares of Texas Instruments in the fourth quarter valued at approximately $1,548,365,000. Moneta Group Investment Advisors LLC raised its position in Texas Instruments by 60,024.4% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 8,363,303 shares of the semiconductor company’s stock worth $1,381,785,000 after acquiring an additional 8,349,393 shares in the last quarter. Morgan Stanley raised its position in Texas Instruments by 54.4% during the fourth quarter. Morgan Stanley now owns 14,735,331 shares of the semiconductor company’s stock worth $2,434,572,000 after acquiring an additional 5,191,426 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Texas Instruments by 13.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 14,638,302 shares of the semiconductor company’s stock valued at $2,685,836,000 after purchasing an additional 1,779,273 shares during the period. Finally, Assenagon Asset Management S.A. raised its position in shares of Texas Instruments by 565.4% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,693,577 shares of the semiconductor company’s stock valued at $288,687,000 after purchasing an additional 1,439,066 shares during the period. 84.99% of the stock is owned by institutional investors.

Texas Instruments Stock Up 1.4 %

Shares of TXN traded up $2.28 during midday trading on Monday, reaching $168.61. 1,151,330 shares of the stock were exchanged, compared to its average volume of 5,463,763. Texas Instruments Incorporated has a 52 week low of $139.48 and a 52 week high of $188.12. The company has a current ratio of 4.55, a quick ratio of 3.35 and a debt-to-equity ratio of 0.63. The company’s 50 day moving average is $167.61 and its two-hundred day moving average is $161.57. The company has a market capitalization of $153.44 billion, a P/E ratio of 23.71, a PEG ratio of 3.58 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.46 by $0.03. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The business had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $4.12 billion. During the same quarter in the prior year, the company earned $2.13 EPS. The business’s revenue was down 12.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.16 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 13th. Investors of record on Wednesday, January 31st were paid a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 3.08%. The ex-dividend date of this dividend was Tuesday, January 30th. Texas Instruments’s dividend payout ratio (DPR) is currently 73.65%.

Insider Buying and Selling

In related news, Director Mark A. Blinn sold 1,744 shares of the company’s stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total transaction of $278,778.40. Following the completion of the sale, the director now directly owns 11,693 shares in the company, valued at approximately $1,869,126.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.68% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on TXN shares. TD Cowen increased their price objective on shares of Texas Instruments from $145.00 to $160.00 and gave the stock a “market perform” rating in a research note on Wednesday, January 24th. Truist Financial lowered their price target on shares of Texas Instruments from $166.00 to $165.00 and set a “hold” rating for the company in a report on Friday, February 9th. KeyCorp raised their price objective on shares of Texas Instruments from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 24th. Susquehanna reduced their price target on shares of Texas Instruments from $205.00 to $200.00 and set a “positive” rating for the company in a research report on Wednesday, January 24th. Finally, Morgan Stanley lifted their price objective on shares of Texas Instruments from $138.00 to $146.00 and gave the stock an “underweight” rating in a report on Wednesday, January 24th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $174.42.

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.