Choreo LLC Grows Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Choreo LLC grew its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 47.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,104 shares of the semiconductor company’s stock after purchasing an additional 15,260 shares during the period. Choreo LLC’s holdings in Texas Instruments were worth $8,849,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Czech National Bank boosted its position in shares of Texas Instruments by 7.2% during the third quarter. Czech National Bank now owns 185,997 shares of the semiconductor company’s stock worth $38,421,000 after acquiring an additional 12,496 shares during the last quarter. Azzad Asset Management Inc. ADV boosted its holdings in shares of Texas Instruments by 1.5% in the 3rd quarter. Azzad Asset Management Inc. ADV now owns 12,586 shares of the semiconductor company’s stock valued at $2,600,000 after buying an additional 188 shares in the last quarter. Diversified Trust Co boosted its stake in Texas Instruments by 30.3% in the 3rd quarter. Diversified Trust Co now owns 8,746 shares of the semiconductor company’s stock worth $1,807,000 after purchasing an additional 2,033 shares in the last quarter. Miracle Mile Advisors LLC lifted its stake in Texas Instruments by 13.7% during the 3rd quarter. Miracle Mile Advisors LLC now owns 9,830 shares of the semiconductor company’s stock valued at $2,031,000 after acquiring an additional 1,183 shares during the period. Finally, Fulton Bank N.A. increased its holdings in shares of Texas Instruments by 1.3% during the 3rd quarter. Fulton Bank N.A. now owns 7,466 shares of the semiconductor company’s stock valued at $1,542,000 after purchasing an additional 93 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

Texas Instruments stock opened at $180.56 on Wednesday. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The stock has a market cap of $164.71 billion, a P/E ratio of 34.79, a P/E/G ratio of 2.94 and a beta of 0.97. The company’s 50 day moving average price is $190.84 and its two-hundred day moving average price is $198.44. Texas Instruments Incorporated has a 52 week low of $155.46 and a 52 week high of $220.38.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same period in the previous year, the business earned $1.49 EPS. On average, equities analysts predict that Texas Instruments Incorporated will post 5.42 earnings per share for the current year.

Texas Instruments Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be paid a $1.36 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 annualized dividend and a yield of 3.01%. Texas Instruments’s payout ratio is 104.82%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Truist Financial lowered their price target on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research report on Friday, January 24th. Morgan Stanley increased their price objective on Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a report on Wednesday, October 23rd. Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Wells Fargo & Company dropped their price objective on 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. Finally, Robert W. Baird decreased their price target on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock 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 given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $209.20.

Insider Buying and Selling

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the transaction, the director now owns 14,323 shares in the company, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.68% of the stock is owned by insiders.

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.