Fairvoy Private Wealth LLC Makes New Investment in Texas Instruments Incorporated (NASDAQ:TXN)

Fairvoy Private Wealth LLC bought a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,106 shares of the semiconductor company’s stock, valued at approximately $395,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Financial Life Planners bought a new stake in shares of Texas Instruments during the fourth quarter worth approximately $26,000. Retirement Wealth Solutions LLC acquired a new stake in Texas Instruments during the 4th quarter worth $27,000. MidAtlantic Capital Management Inc. bought a new stake in shares of Texas Instruments during the 3rd quarter valued at $28,000. Tsfg LLC lifted its stake in shares of Texas Instruments by 82.0% in the 3rd quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 82 shares during the period. Finally, Capital Performance Advisors LLP bought a new position in shares of Texas Instruments in the 3rd quarter worth $39,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Activity at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 590 shares of the stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the transaction, the director now owns 11,717 shares of the company’s stock, valued at approximately $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ronald Kirk sold 10,539 shares of the firm’s 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 completion of the transaction, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by insiders.

Texas Instruments Stock Performance

Shares of TXN opened at $180.00 on Friday. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The stock has a market cap of $164.20 billion, a P/E ratio of 34.68, a P/E/G ratio of 2.95 and a beta of 0.97. The business’s 50 day moving average price is $190.17 and its 200-day moving average price is $198.22. Texas Instruments Incorporated has a 52 week low of $155.46 and a 52 week high of $220.38.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same period in the previous year, the company earned $1.49 EPS. Equities research analysts anticipate that Texas Instruments Incorporated will post 5.38 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

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 issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s payout ratio is currently 104.82%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on TXN shares. Truist Financial cut their target price on Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research note on Friday, January 24th. Benchmark reiterated a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Evercore ISI raised their target price on shares of Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Robert W. Baird lowered their price target on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Finally, Mizuho cut their price target on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a report on Friday, January 24th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $209.20.

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.