Capital Advisors Ltd. LLC Raises Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Capital Advisors Ltd. LLC boosted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 3.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 3,033 shares of the semiconductor company’s stock after purchasing an additional 102 shares during the period. Capital Advisors Ltd. LLC’s holdings in Texas Instruments were worth $517,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AXQ Capital LP lifted its stake in shares of Texas Instruments by 64.3% in the 3rd quarter. AXQ Capital LP now owns 4,600 shares of the semiconductor company’s stock worth $731,000 after acquiring an additional 1,800 shares during the period. First National Bank of Mount Dora Trust Investment Services lifted its stake in shares of Texas Instruments by 0.4% in the 4th quarter. First National Bank of Mount Dora Trust Investment Services now owns 42,134 shares of the semiconductor company’s stock worth $7,182,000 after acquiring an additional 155 shares during the period. Verdence Capital Advisors LLC lifted its stake in shares of Texas Instruments by 39.9% in the 3rd quarter. Verdence Capital Advisors LLC now owns 8,405 shares of the semiconductor company’s stock worth $1,336,000 after acquiring an additional 2,397 shares during the period. Salem Investment Counselors Inc. lifted its stake in shares of Texas Instruments by 2.2% in the 4th quarter. Salem Investment Counselors Inc. now owns 8,232 shares of the semiconductor company’s stock worth $1,403,000 after acquiring an additional 177 shares during the period. Finally, Chicago Capital LLC lifted its stake in shares of Texas Instruments by 182.7% in the fourth quarter. Chicago Capital LLC now owns 12,859 shares of the semiconductor company’s stock valued at $2,192,000 after purchasing an additional 8,311 shares during the period. 84.99% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Mark A. Blinn sold 1,744 shares of the company’s stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total value of $278,778.40. Following the completion of the sale, the director now owns 11,693 shares of the company’s stock, valued at $1,869,126.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.68% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on TXN shares. Barclays reduced their price objective on shares of Texas Instruments from $160.00 to $150.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 24th. Benchmark restated a “buy” rating and set a $210.00 target price on shares of Texas Instruments in a report on Wednesday. JPMorgan Chase & Co. raised their target price on shares of Texas Instruments from $180.00 to $195.00 and gave the company an “overweight” rating in a report on Wednesday. KeyCorp raised their target price on shares of Texas Instruments from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, January 24th. Finally, Morgan Stanley lifted their price target on shares of Texas Instruments from $138.00 to $146.00 and gave the stock an “underweight” rating in a report on Wednesday, January 24th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $181.79.

Texas Instruments Stock Up 5.6 %

TXN traded up $9.34 during trading on Wednesday, hitting $174.81. The company had a trading volume of 13,963,651 shares, compared to its average volume of 5,668,004. The company has a debt-to-equity ratio of 0.63, a current ratio of 4.55 and a quick ratio of 3.35. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $188.12. The business has a 50-day moving average of $168.32 and a 200-day moving average of $161.90. The company has a market cap of $159.09 billion, a PE ratio of 24.76, a P/E/G ratio of 3.52 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.13. The firm had revenue of $3.66 billion during the quarter, compared to analyst estimates of $3.61 billion. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. The firm’s revenue for the quarter was down 16.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.85 earnings per share. As a group, analysts forecast that Texas Instruments Incorporated will post 5.16 earnings per share for the current year.

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.