Emerald Advisors LLC Boosts Position in Texas Instruments Incorporated (NASDAQ:TXN)

Emerald Advisors LLC lifted its position in Texas Instruments Incorporated (NASDAQ:TXN) by 3.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,042 shares of the semiconductor company’s stock after purchasing an additional 155 shares during the period. Emerald Advisors LLC’s holdings in Texas Instruments were worth $945,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Financial Life Planners purchased a new stake in shares of Texas Instruments in the 4th quarter valued at about $26,000. Retirement Wealth Solutions LLC purchased a new stake in Texas Instruments in the fourth quarter valued at approximately $27,000. MidAtlantic Capital Management Inc. bought a new stake in Texas Instruments during the third quarter valued at approximately $28,000. Capital Performance Advisors LLP purchased a new position in Texas Instruments in the 3rd quarter worth approximately $39,000. Finally, FSA Wealth Management LLC bought a new position in shares of Texas Instruments in the 3rd quarter worth $41,000. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Trading Up 5.3 %

TXN opened at $196.32 on Thursday. The firm has a market capitalization of $178.72 billion, a price-to-earnings ratio of 37.83, a PEG ratio of 3.02 and a beta of 0.97. Texas Instruments Incorporated has a one year low of $159.11 and a one year high of $220.38. The business has a 50 day simple moving average of $187.99 and a two-hundred day simple moving average of $197.23. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN) last announced its quarterly 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 last year, the business earned $1.49 earnings per share. Analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were given a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 2.77%. The ex-dividend date was Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 104.82%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Mizuho cut their price objective on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a report on Friday, January 24th. Evercore ISI raised their price objective on Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. Summit Insights upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Finally, Wells Fargo & Company lowered their price objective on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $209.20.

Insider Buying and Selling

In related news, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the transaction, the director now directly owns 14,323 shares of the company’s stock, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the completion of the sale, the director now owns 11,717 shares in the company, valued at approximately $2,117,379.07. This trade represents a 4.79 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is owned by 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.