Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Liberty One Investment Management LLC

Liberty One Investment Management LLC grew its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 7.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,888 shares of the semiconductor company’s stock after buying an additional 1,569 shares during the period. Liberty One Investment Management LLC’s holdings in Texas Instruments were worth $4,292,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in TXN. MidAtlantic Capital Management Inc. purchased a new position in Texas Instruments in the 3rd quarter worth $28,000. Retirement Wealth Solutions LLC purchased a new position in shares of Texas Instruments in the fourth quarter worth about $27,000. Tsfg LLC raised its stake in shares of Texas Instruments by 82.0% in the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 82 shares during the last quarter. Capital Performance Advisors LLP purchased a new stake in Texas Instruments in the third quarter valued at approximately $39,000. Finally, FSA Wealth Management LLC acquired a new position in Texas Instruments in the 3rd quarter worth approximately $41,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Stock Performance

NASDAQ:TXN opened at $192.42 on Friday. The company has a market cap of $175.53 billion, a P/E ratio of 35.77, a P/E/G ratio of 3.69 and a beta of 0.98. Texas Instruments Incorporated has a twelve month low of $155.46 and a twelve month high of $220.38. The company’s 50-day moving average price is $194.79 and its 200-day moving average price is $199.64. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data 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 return on equity of 29.05% and a net margin of 31.60%. The firm had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $4.12 billion. During the same quarter last year, the business posted $1.80 earnings per share. The firm’s revenue was down 8.4% compared to the same quarter last year. On average, sell-side analysts forecast that Texas Instruments Incorporated will post 5.08 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be paid a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 2.83%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is presently 101.12%.

Wall Street Analyst Weigh In

Several analysts have commented on TXN shares. Barclays decreased their price objective on shares of Texas Instruments from $210.00 to $200.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 23rd. Evercore ISI upped their price objective on Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a research note on Wednesday, October 23rd. Benchmark reaffirmed a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a report on Wednesday, October 23rd. Finally, Morgan Stanley increased their target price on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research note on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $209.71.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction 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 transaction, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert E. Sanchez sold 9,990 shares of Texas Instruments stock in a transaction on 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 completion of the sale, the director now directly owns 20,461 shares of the company’s stock, valued at $4,272,256.80. The trade was a 32.81 % decrease in their ownership of the stock. 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.