Texas Instruments Incorporated (NASDAQ:TXN) Shares Purchased by PYA Waltman Capital LLC

PYA Waltman Capital LLC increased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 7.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,149 shares of the semiconductor company’s stock after purchasing an additional 930 shares during the period. Texas Instruments accounts for 0.9% of PYA Waltman Capital LLC’s investment portfolio, making the stock its 27th largest holding. PYA Waltman Capital LLC’s holdings in Texas Instruments were worth $2,241,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Annapolis Financial Services LLC lifted its stake in shares of Texas Instruments by 333.3% in the 3rd quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 120 shares during the period. Briaud Financial Planning Inc acquired a new stake in shares of Texas Instruments in the 3rd quarter worth $25,000. Tennessee Valley Asset Management Partners acquired a new stake in shares of Texas Instruments in the 4th quarter worth $25,000. Life Planning Partners Inc acquired a new stake in shares of Texas Instruments in the 4th quarter worth $26,000. Finally, AMH Equity Ltd acquired a new stake in shares of Texas Instruments in the 3rd quarter worth $32,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Trading Down 0.6 %

TXN stock traded down $1.04 during midday trading on Wednesday, reaching $175.38. 1,315,327 shares of the company’s stock traded hands, compared to its average volume of 5,642,734. The company has a market capitalization of $159.68 billion, a P/E ratio of 27.52, a PEG ratio of 3.82 and a beta of 1.04. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.91 and a quick ratio of 3.76. Texas Instruments Incorporated has a fifty-two week low of $139.48 and a fifty-two week high of $188.12. The business has a 50-day moving average price of $169.94 and a two-hundred day moving average price of $162.63.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.13. The firm had revenue of $3.66 billion for the quarter, compared to analysts’ expectations of $3.61 billion. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. Texas Instruments’s revenue was down 16.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.85 earnings per share. Equities research analysts forecast that Texas Instruments Incorporated will post 5.21 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 21st. Stockholders of record on Wednesday, May 8th will be given a dividend of $1.30 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.96%. Texas Instruments’s payout ratio is currently 81.12%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TXN. Oppenheimer reiterated a “market perform” rating on shares of Texas Instruments in a report on Wednesday, April 24th. Benchmark reiterated a “buy” rating and issued a $210.00 price target on shares of Texas Instruments in a report on Wednesday, April 24th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $180.00 price target on shares of Texas Instruments in a report on Wednesday, April 24th. Morgan Stanley increased their price target on shares of Texas Instruments from $138.00 to $146.00 and gave the company an “underweight” rating in a report on Wednesday, January 24th. Finally, TD Cowen raised their target price on shares of Texas Instruments from $160.00 to $175.00 and gave the company a “hold” rating in a report on Wednesday, April 24th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $180.74.

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.