Sivia Capital Partners LLC Invests $292,000 in Texas Instruments Incorporated (NASDAQ:TXN)

Sivia Capital Partners LLC purchased a new stake in Texas Instruments Incorporated (NASDAQ:TXN) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,502 shares of the semiconductor company’s stock, valued at approximately $292,000.

Other hedge funds have also added to or reduced their stakes in the company. Advisor OS LLC raised its holdings in shares of Texas Instruments by 9.1% in the second quarter. Advisor OS LLC now owns 4,362 shares of the semiconductor company’s stock valued at $848,000 after purchasing an additional 364 shares during the last quarter. Candriam S.C.A. increased its stake in Texas Instruments by 6.4% in the 2nd quarter. Candriam S.C.A. now owns 65,112 shares of the semiconductor company’s stock valued at $12,666,000 after buying an additional 3,932 shares during the last quarter. Private Advisor Group LLC lifted its position in shares of Texas Instruments by 7.8% during the 2nd quarter. Private Advisor Group LLC now owns 67,677 shares of the semiconductor company’s stock worth $13,165,000 after buying an additional 4,897 shares in the last quarter. Palmer Knight Co boosted its stake in shares of Texas Instruments by 0.9% in the 2nd quarter. Palmer Knight Co now owns 28,283 shares of the semiconductor company’s stock worth $5,502,000 after buying an additional 255 shares during the last quarter. Finally, Blue Barn Wealth LLC purchased a new position in shares of Texas Instruments in the 2nd quarter worth approximately $215,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Transactions at Texas Instruments

In other Texas Instruments news, VP Mohammad Yunus sold 3,778 shares of the firm’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $208.90, for a total value of $789,224.20. Following the sale, the vice president now owns 28,894 shares of the company’s stock, valued at approximately $6,035,956.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CEO Haviv Ilan sold 1,200 shares of the company’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $209.44, for a total value of $251,328.00. Following the completion of the transaction, the chief executive officer now directly owns 158,676 shares in the company, valued at $33,233,101.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Mohammad Yunus sold 3,778 shares of the stock in a transaction on Monday, August 26th. The shares were sold at an average price of $208.90, for a total value of $789,224.20. Following the completion of the transaction, the vice president now directly owns 28,894 shares in the company, valued at approximately $6,035,956.60. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 15,558 shares of company stock valued at $3,255,323. 0.68% of the stock is currently owned by company insiders.

Texas Instruments Stock Performance

Shares of TXN opened at $197.45 on Friday. Texas Instruments Incorporated has a 52-week low of $139.48 and a 52-week high of $214.66. The stock’s 50-day simple moving average is $200.50 and its 200 day simple moving average is $187.40. The company has a debt-to-equity ratio of 0.75, a quick ratio of 3.49 and a current ratio of 4.62. The stock has a market capitalization of $180.28 billion, a price-to-earnings ratio of 30.80, a price-to-earnings-growth ratio of 4.43 and a beta of 0.99.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, July 23rd. The semiconductor company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.06. The firm had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.82 billion. Texas Instruments had a net margin of 33.01% and a return on equity of 31.10%. The company’s revenue for the quarter was down 15.6% on a year-over-year basis. During the same period in the prior year, the firm posted $1.87 earnings per share. Research analysts forecast that Texas Instruments Incorporated will post 5.11 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 13th. Stockholders of record on Wednesday, July 31st were given a dividend of $1.30 per share. The ex-dividend date was Wednesday, July 31st. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.63%. Texas Instruments’s dividend payout ratio (DPR) is currently 81.12%.

Analysts Set New Price Targets

TXN has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price target on Texas Instruments from $195.00 to $230.00 and gave the stock an “overweight” rating in a report on Wednesday, July 24th. Evercore ISI lifted their target price on Texas Instruments from $255.00 to $268.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 20th. The Goldman Sachs Group increased their price target on shares of Texas Instruments from $157.00 to $176.00 and gave the company a “sell” rating in a research report on Wednesday, July 24th. Benchmark restated a “buy” rating and set a $230.00 price objective on shares of Texas Instruments in a report on Wednesday, July 24th. Finally, Barclays boosted their target price on shares of Texas Instruments from $190.00 to $210.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 24th. Three research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Texas Instruments presently has an average rating of “Hold” and an average target price of $204.67.

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.