Moseley Investment Management Inc. Boosts Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Moseley Investment Management Inc. increased its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 2.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,825 shares of the semiconductor company’s stock after acquiring an additional 63 shares during the period. Moseley Investment Management Inc.’s holdings in Texas Instruments were worth $530,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Laurel Wealth Advisors LLC increased its holdings in Texas Instruments by 16.0% during the fourth quarter. Laurel Wealth Advisors LLC now owns 1,810 shares of the semiconductor company’s stock worth $339,000 after buying an additional 250 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Texas Instruments by 36.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 17,710 shares of the semiconductor company’s stock valued at $3,321,000 after acquiring an additional 4,761 shares during the period. Park Avenue Securities LLC increased its stake in shares of Texas Instruments by 11.7% during the 4th quarter. Park Avenue Securities LLC now owns 12,507 shares of the semiconductor company’s stock worth $2,345,000 after purchasing an additional 1,310 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Texas Instruments by 948.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 4,794,646 shares of the semiconductor company’s stock worth $899,044,000 after purchasing an additional 4,337,295 shares during the period. Finally, Rockland Trust Co. lifted its stake in Texas Instruments by 3.6% in the fourth quarter. Rockland Trust Co. now owns 119,248 shares of the semiconductor company’s stock valued at $22,360,000 after purchasing an additional 4,196 shares during the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Texas Instruments

In other news, Director Robert E. Sanchez sold 9,990 shares of the business’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $208.80, for a total value of $2,085,912.00. Following the completion of the sale, the director now owns 20,461 shares of the company’s stock, valued at approximately $4,272,256.80. The trade was a 32.81 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction that occurred on 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 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 disclosure for this sale can be found here. 0.68% of the stock is currently owned by insiders.

Texas Instruments Price Performance

TXN stock opened at $193.50 on Wednesday. The firm has a 50 day simple moving average of $196.30 and a two-hundred day simple moving average of $199.76. The stock has a market cap of $176.51 billion, a PE ratio of 35.97, a P/E/G ratio of 4.19 and a beta of 0.98. Texas Instruments Incorporated has a one year low of $155.46 and a one year high of $220.38. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.38 by $0.09. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The company had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.12 billion. During the same period in the previous year, the business earned $1.80 earnings per share. The firm’s quarterly revenue was down 8.4% compared to the same quarter last year. On average, analysts predict that Texas Instruments Incorporated will post 5.08 EPS for the current fiscal year.

Texas Instruments Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st were given a dividend of $1.36 per share. The ex-dividend date was Thursday, October 31st. This is a positive change from Texas Instruments’s previous quarterly dividend of $1.30. This represents a $5.44 annualized dividend and a dividend yield of 2.81%. Texas Instruments’s dividend payout ratio is 101.12%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Wells Fargo & Company lowered their target price on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research note on Monday. Susquehanna lowered their price objective on Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research note on Monday, October 21st. Morgan Stanley increased their target price on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 23rd. Barclays lowered their price target on shares of Texas Instruments from $210.00 to $200.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 23rd. Finally, Evercore ISI raised their price objective 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. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, Texas Instruments presently has a consensus rating of “Hold” and a consensus price target of $209.71.

Texas Instruments 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.