Avior Wealth Management LLC Has $505,000 Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Avior Wealth Management LLC increased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 23.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,960 shares of the semiconductor company’s stock after buying an additional 555 shares during the quarter. Avior Wealth Management LLC’s holdings in Texas Instruments were worth $505,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in TXN. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Texas Instruments by 26.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 416,256 shares of the semiconductor company’s stock worth $70,955,000 after purchasing an additional 86,071 shares during the period. Everence Capital Management Inc. raised its holdings in Texas Instruments by 3.1% during the fourth quarter. Everence Capital Management Inc. now owns 20,997 shares of the semiconductor company’s stock worth $3,579,000 after buying an additional 630 shares during the last quarter. First American Trust FSB acquired a new position in Texas Instruments during the fourth quarter worth $302,000. Hamilton Point Investment Advisors LLC lifted its stake in shares of Texas Instruments by 2.8% in the fourth quarter. Hamilton Point Investment Advisors LLC now owns 42,484 shares of the semiconductor company’s stock valued at $7,242,000 after buying an additional 1,152 shares in the last quarter. Finally, Eads & Heald Wealth Management increased its position in shares of Texas Instruments by 1.4% during the fourth quarter. Eads & Heald Wealth Management now owns 7,458 shares of the semiconductor company’s stock worth $1,271,000 after acquiring an additional 103 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

Shares of NASDAQ TXN opened at $163.67 on Friday. The firm has a market cap of $148.95 billion, a price-to-earnings ratio of 23.18, a price-to-earnings-growth ratio of 3.56 and a beta of 1.04. The stock has a fifty day simple moving average of $168.16 and a two-hundred day simple moving average of $161.72. The company has a current ratio of 4.55, a quick ratio of 3.35 and a debt-to-equity ratio of 0.63. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $188.12.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.46 by $0.03. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The company had revenue of $4.08 billion during the quarter, compared to the consensus estimate of $4.12 billion. During the same quarter in the prior year, the company earned $2.13 EPS. The firm’s quarterly revenue was down 12.7% compared to the same quarter last year. Analysts anticipate that Texas Instruments Incorporated will post 5.16 earnings per share for the current year.

Insiders Place Their Bets

In related 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 sale, the director now directly owns 11,693 shares in the company, valued at approximately $1,869,126.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.68% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on TXN. Mizuho dropped their price target on shares of Texas Instruments from $170.00 to $164.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 24th. Rosenblatt Securities reaffirmed a “buy” rating and set a $190.00 target price on shares of Texas Instruments in a research report on Tuesday, January 23rd. Morgan Stanley upped their price target on Texas Instruments from $138.00 to $146.00 and gave the stock an “underweight” rating in a report on Wednesday, January 24th. TD Cowen raised their price objective on Texas Instruments from $145.00 to $160.00 and gave the company a “market perform” rating in a research note on Wednesday, January 24th. Finally, UBS Group raised shares of Texas Instruments from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $170.00 to $195.00 in a report on Friday, January 19th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Texas Instruments has a consensus 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.