Texas Instruments Incorporated (NASDAQ:TXN) Shares Bought by Slow Capital Inc.

Slow Capital Inc. lifted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 2.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,616 shares of the semiconductor company’s stock after purchasing an additional 454 shares during the quarter. Slow Capital Inc.’s holdings in Texas Instruments were worth $2,832,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Salem Investment Counselors Inc. grew its stake in shares of Texas Instruments by 16.8% during the 1st quarter. Salem Investment Counselors Inc. now owns 417 shares of the semiconductor company’s stock valued at $77,000 after buying an additional 60 shares during the period. International Assets Investment Management LLC boosted its holdings in Texas Instruments by 2.8% in the first quarter. International Assets Investment Management LLC now owns 2,266 shares of the semiconductor company’s stock valued at $416,000 after acquiring an additional 61 shares during the last quarter. Polar Capital Holdings Plc grew its position in Texas Instruments by 0.6% during the first quarter. Polar Capital Holdings Plc now owns 9,822 shares of the semiconductor company’s stock valued at $1,802,000 after acquiring an additional 63 shares during the period. Riverview Trust Co increased its stake in Texas Instruments by 57.4% during the third quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 66 shares during the last quarter. Finally, Howard Financial Services LTD. raised its holdings in shares of Texas Instruments by 3.1% in the 4th quarter. Howard Financial Services LTD. now owns 2,177 shares of the semiconductor company’s stock worth $371,000 after purchasing an additional 66 shares during the period. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Insider Buying and Selling

In other news, Director Mark A. Blinn sold 1,744 shares of the firm’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 of the company’s stock, valued at approximately $1,869,126.05. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.68% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms recently commented on TXN. Cantor Fitzgerald raised their price target on shares of Texas Instruments from $170.00 to $180.00 and gave the company a “neutral” rating in a report on Monday, April 8th. Susquehanna reduced their target price on Texas Instruments from $205.00 to $200.00 and set a “positive” rating on the stock in a report on Wednesday, January 24th. Barclays decreased their price target on shares of Texas Instruments from $160.00 to $150.00 and set an “equal weight” rating for the company in a report on Wednesday, January 24th. Rosenblatt Securities restated a “buy” rating and set a $190.00 price objective on shares of Texas Instruments in a research note on Tuesday, January 23rd. Finally, TD Cowen increased their target price on Texas Instruments from $145.00 to $160.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 24th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and a consensus price target of $176.68.

Texas Instruments Price Performance

Shares of NASDAQ TXN traded down $1.24 during mid-day trading on Wednesday, reaching $166.35. 1,262,554 shares of the company traded hands, compared to its average volume of 5,424,943. The firm has a market cap of $151.39 billion, a PE ratio of 23.74, a price-to-earnings-growth ratio of 3.58 and a beta of 1.04. The company has a debt-to-equity ratio of 0.63, a current ratio of 4.55 and a quick ratio of 3.35. Texas Instruments Incorporated has a fifty-two week low of $139.48 and a fifty-two week high of $188.12. The stock has a fifty day simple moving average of $167.95 and a 200-day simple moving average of $161.68.

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

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 13th. Investors of record on Wednesday, January 31st were issued a $1.30 dividend. The ex-dividend date was Tuesday, January 30th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 3.13%. Texas Instruments’s payout ratio is currently 73.65%.

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.