Diversify Advisory Services LLC Buys 694 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Diversify Advisory Services LLC lifted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 20.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,149 shares of the semiconductor company’s stock after acquiring an additional 694 shares during the quarter. Diversify Advisory Services LLC’s holdings in Texas Instruments were worth $789,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Thrivent Financial for Lutherans lifted its stake in shares of Texas Instruments by 25.4% in the 2nd quarter. Thrivent Financial for Lutherans now owns 73,210 shares of the semiconductor company’s stock worth $14,241,000 after purchasing an additional 14,828 shares during the period. Public Sector Pension Investment Board increased its stake in shares of Texas Instruments by 74.0% in the 2nd quarter. Public Sector Pension Investment Board now owns 35,008 shares of the semiconductor company’s stock worth $6,810,000 after purchasing an additional 14,888 shares in the last quarter. Evergreen Capital Management LLC raised its holdings in Texas Instruments by 33.3% in the 2nd quarter. Evergreen Capital Management LLC now owns 9,204 shares of the semiconductor company’s stock worth $1,790,000 after purchasing an additional 2,299 shares during the period. Gateway Advisory LLC lifted its position in Texas Instruments by 66.3% during the second quarter. Gateway Advisory LLC now owns 3,010 shares of the semiconductor company’s stock valued at $586,000 after purchasing an additional 1,200 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its holdings in Texas Instruments by 60.2% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 174,310 shares of the semiconductor company’s stock valued at $33,909,000 after purchasing an additional 65,512 shares during the period. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Stock Up 1.5 %

Shares of TXN opened at $195.23 on Wednesday. The company has a quick ratio of 3.14, a current ratio of 4.31 and a debt-to-equity ratio of 0.74. Texas Instruments Incorporated has a 52-week low of $155.46 and a 52-week high of $220.38. The company has a market cap of $178.09 billion, a PE ratio of 36.29, a P/E/G ratio of 3.74 and a beta of 0.98. The business has a fifty day moving average of $194.32 and a 200 day moving average of $199.61.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.09. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The firm had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.12 billion. During the same period in the previous year, the company earned $1.80 EPS. The firm’s revenue for the quarter was down 8.4% compared to the same quarter last year. On average, sell-side analysts expect that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be paid a dividend of $1.36 per share. The ex-dividend date is Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.79%. Texas Instruments’s dividend payout ratio is 101.12%.

Analyst Ratings Changes

A number of research analysts recently issued reports on TXN shares. Mizuho set a $200.00 price objective on Texas Instruments in a research note on Friday, October 18th. Bank of America lowered their target price on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Wells Fargo & Company cut their price target on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Cantor Fitzgerald restated a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a research report on Wednesday, October 23rd. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a research report on Tuesday. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, Texas Instruments presently has an average rating of “Hold” and an average price target of $210.45.

Insider Transactions at Texas Instruments

In other news, Director Robert E. Sanchez sold 9,990 shares of the company’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $208.80, for a total value of $2,085,912.00. Following the transaction, the director now directly owns 20,461 shares in the company, valued at approximately $4,272,256.80. This represents a 32.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the sale, the director now owns 14,323 shares of the company’s stock, valued at $2,912,295.59. The trade was a 42.39 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.68% of the company’s stock.

Texas Instruments 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.