Apexium Financial LP Buys 600 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Apexium Financial LP grew its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 18.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,936 shares of the semiconductor company’s stock after acquiring an additional 600 shares during the period. Apexium Financial LP’s holdings in Texas Instruments were worth $738,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of TXN. Fiduciary Alliance LLC grew its position in shares of Texas Instruments by 25.3% during the 4th quarter. Fiduciary Alliance LLC now owns 36,801 shares of the semiconductor company’s stock worth $6,901,000 after buying an additional 7,424 shares in the last quarter. Townsquare Capital LLC lifted its stake in shares of Texas Instruments by 5.9% during the third quarter. Townsquare Capital LLC now owns 93,689 shares of the semiconductor company’s stock worth $19,353,000 after buying an additional 5,201 shares during the period. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of Texas Instruments by 454.5% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,256,289 shares of the semiconductor company’s stock valued at $244,386,000 after buying an additional 1,029,741 shares during the last quarter. HB Wealth Management LLC increased its position in shares of Texas Instruments by 4.4% in the 4th quarter. HB Wealth Management LLC now owns 99,856 shares of the semiconductor company’s stock valued at $18,724,000 after acquiring an additional 4,238 shares during the period. Finally, Swiss National Bank lifted its position in Texas Instruments by 0.3% during the 3rd quarter. Swiss National Bank now owns 2,702,500 shares of the semiconductor company’s stock worth $558,255,000 after acquiring an additional 8,100 shares during the period. Institutional investors own 84.99% of the company’s stock.

Analyst Ratings Changes

TXN has been the subject of several recent research reports. Truist Financial cut their target price on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a report on Friday. Wells Fargo & Company decreased their price objective on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Bank of America dropped their target price on Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Summit Insights upgraded Texas Instruments from a “hold” rating to a “buy” rating in a research note on Wednesday, October 23rd. Finally, Evercore ISI lifted their price target on Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. Two investment 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 MarketBeat.com, Texas Instruments has a consensus rating of “Hold” and an average target price of $209.20.

Insider Activity at Texas Instruments

In other news, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $203.33, for a total value of $2,142,894.87. Following the completion of the sale, the director now directly owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.68% of the stock is currently owned by corporate insiders.

Texas Instruments Price Performance

Texas Instruments stock opened at $185.52 on Monday. Texas Instruments Incorporated has a 1 year low of $155.46 and a 1 year high of $220.38. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. The company’s 50 day simple moving average is $193.38 and its 200-day simple moving average is $199.46. The company has a market capitalization of $169.24 billion, a price-to-earnings ratio of 34.48, a price-to-earnings-growth ratio of 3.84 and a beta of 0.98.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. During the same period in the previous year, the company earned $1.49 earnings per share. As a group, equities research analysts expect that Texas Instruments Incorporated will post 5.08 earnings per share for the current year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be given a dividend of $1.36 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.93%. Texas Instruments’s dividend payout ratio (DPR) is currently 101.12%.

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.