Texas Instruments Incorporated (NASDAQ:TXN) Stock Holdings Lifted by Veracity Capital LLC

Veracity Capital LLC lifted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 8.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,326 shares of the semiconductor company’s stock after acquiring an additional 174 shares during the quarter. Veracity Capital LLC’s holdings in Texas Instruments were worth $436,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. MidAtlantic Capital Management Inc. acquired a new position in shares of Texas Instruments in the 3rd quarter valued at $28,000. Retirement Wealth Solutions LLC purchased a new stake in Texas Instruments during the fourth quarter valued at about $27,000. Tsfg LLC boosted its holdings 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 buying an additional 82 shares during the period. Capital Performance Advisors LLP purchased a new position in shares of Texas Instruments in the third quarter worth approximately $39,000. Finally, FSA Wealth Management LLC acquired a new stake in shares of Texas Instruments during the third quarter valued at approximately $41,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently commented on TXN shares. Rosenblatt Securities reaffirmed a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a research note on Tuesday. Wells Fargo & Company decreased their target price 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. Benchmark reissued a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research report on Wednesday, October 23rd. Summit Insights upgraded Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Finally, Robert W. Baird dropped their target price on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $210.45.

Texas Instruments Trading Up 1.8 %

Shares of NASDAQ:TXN opened at $200.61 on Friday. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $183.00 billion, a PE ratio of 37.29, a P/E/G ratio of 3.84 and a beta of 0.98. Texas Instruments Incorporated has a 1 year low of $155.46 and a 1 year high of $220.38. The firm has a fifty day moving average price of $193.80 and a 200 day moving average price of $199.56.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. During the same quarter in the prior year, the firm posted $1.49 earnings per share. Analysts expect that Texas Instruments Incorporated will post 5.08 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be given a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.71%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio is 101.12%.

Insider Transactions at Texas Instruments

In other news, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $203.33, for a total value of $2,142,894.87. Following the transaction, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.68% of the stock is owned by corporate insiders.

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.