Valmark Advisers Inc. Raises Position in Texas Instruments Incorporated (NASDAQ:TXN)

Valmark Advisers Inc. increased its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 5.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,360 shares of the semiconductor company’s stock after purchasing an additional 122 shares during the period. Valmark Advisers Inc.’s holdings in Texas Instruments were worth $443,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in TXN. L.M. Kohn & Company increased its stake in shares of Texas Instruments by 4.2% during the 4th quarter. L.M. Kohn & Company now owns 1,601 shares of the semiconductor company’s stock valued at $300,000 after acquiring an additional 64 shares during the last quarter. Strategic Financial Concepts LLC purchased a new stake in Texas Instruments in the fourth quarter valued at approximately $23,569,000. Principal Securities Inc. increased its position in Texas Instruments by 16.5% during the fourth quarter. Principal Securities Inc. now owns 16,849 shares of the semiconductor company’s stock worth $3,159,000 after purchasing an additional 2,387 shares during the last quarter. bLong Financial LLC purchased a new position in Texas Instruments during the fourth quarter worth approximately $263,000. Finally, Legacy Capital Wealth Partners LLC boosted its holdings in shares of Texas Instruments by 6.6% in the 4th quarter. Legacy Capital Wealth Partners LLC now owns 4,202 shares of the semiconductor company’s stock valued at $788,000 after purchasing an additional 260 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on TXN. Mizuho cut their target price on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research report on Friday, January 24th. Morgan Stanley raised their price objective on Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a report on Wednesday, October 23rd. Rosenblatt Securities reiterated a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a report on Tuesday, January 21st. Evercore ISI increased their target price on shares of Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. Finally, Robert W. Baird reduced their price target on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $209.20.

Insider Buying and Selling at Texas Instruments

In related news, Director Ronald Kirk sold 10,539 shares of the 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 sale, the director now owns 14,323 shares in the company, valued at $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark A. Blinn sold 590 shares of Texas Instruments stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the transaction, the director now owns 11,717 shares of the company’s stock, valued at approximately $2,117,379.07. The trade was a 4.79 % 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 $186.46 on Wednesday. The firm has a market cap of $170.09 billion, a price-to-earnings ratio of 35.93, a PEG ratio of 2.95 and a beta of 0.97. 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 business’s 50 day moving average is $187.97 and its two-hundred day moving average is $197.24. Texas Instruments Incorporated has a 52-week low of $159.11 and a 52-week high of $220.38.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same quarter in the prior year, the business posted $1.49 EPS. Analysts forecast that Texas Instruments Incorporated will post 5.38 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were issued a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 2.92%. The ex-dividend date was Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 104.82%.

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.