Slow Capital Inc. Has $2.83 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Slow Capital Inc. increased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 2.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,616 shares of the semiconductor company’s stock after buying an additional 454 shares during the period. Slow Capital Inc.’s holdings in Texas Instruments were worth $2,832,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Sfmg LLC increased its stake in shares of Texas Instruments by 37.3% in the 4th quarter. Sfmg LLC now owns 11,681 shares of the semiconductor company’s stock valued at $1,991,000 after buying an additional 3,173 shares during the period. Tyche Wealth Partners LLC acquired a new stake in Texas Instruments in the fourth quarter worth about $2,898,000. Avior Wealth Management LLC raised its holdings in Texas Instruments by 23.1% during the 4th quarter. Avior Wealth Management LLC now owns 2,960 shares of the semiconductor company’s stock worth $505,000 after purchasing an additional 555 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Texas Instruments by 26.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 416,256 shares of the semiconductor company’s stock valued at $70,955,000 after purchasing an additional 86,071 shares during the period. Finally, Everence Capital Management Inc. boosted its stake in shares of Texas Instruments by 3.1% in the 4th quarter. Everence Capital Management Inc. now owns 20,997 shares of the semiconductor company’s stock valued at $3,579,000 after purchasing an additional 630 shares during the last quarter. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

NASDAQ:TXN traded down $1.24 during trading hours on Wednesday, reaching $166.35. 1,262,554 shares of the company were exchanged, compared to its average volume of 5,424,943. The business has a 50 day moving average of $167.95 and a 200 day moving average of $161.68. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $188.12. The company has a debt-to-equity ratio of 0.63, a current ratio of 4.55 and a quick ratio of 3.35. The company has a market capitalization of $151.39 billion, a P/E ratio of 23.74, a P/E/G ratio of 3.58 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share for the quarter, beating 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 firm had revenue of $4.08 billion during the quarter, compared to the consensus estimate of $4.12 billion. During the same period in the prior year, the company posted $2.13 EPS. The company’s revenue was down 12.7% compared to the same quarter last year. Research analysts forecast that Texas Instruments Incorporated will post 5.16 EPS for the current year.

Texas Instruments Announces Dividend

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

Insider Buying and Selling at Texas Instruments

In other news, Director Mark A. Blinn sold 1,744 shares of the company’s stock in a transaction that occurred on Wednesday, January 31st. The shares were 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 owns 11,693 shares of the company’s stock, valued at approximately $1,869,126.05. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

TXN has been the subject of a number of recent research reports. Mizuho dropped their price target on shares of Texas Instruments from $170.00 to $164.00 and set a “neutral” rating for the company in a research note on Wednesday, January 24th. Cantor Fitzgerald upped their price objective on Texas Instruments from $170.00 to $180.00 and gave the stock a “neutral” rating in a research report on Monday, April 8th. Susquehanna dropped their target price on Texas Instruments from $205.00 to $200.00 and set a “positive” rating on the stock in a research report on Wednesday, January 24th. KeyCorp boosted their target price on Texas Instruments from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, January 24th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $190.00 price target on shares of Texas Instruments in a research report on Tuesday, January 23rd. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Texas Instruments presently has an average rating of “Hold” and a consensus price target of $176.68.

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.