Paces Ferry Wealth Advisors LLC Purchases Shares of 1,228 Texas Instruments Incorporated (NASDAQ:TXN)

Paces Ferry Wealth Advisors LLC acquired a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 1,228 shares of the semiconductor company’s stock, valued at approximately $209,000.

Several other large investors have also modified their holdings of the stock. Annapolis Financial Services LLC increased its position in Texas Instruments by 333.3% during the third quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock worth $25,000 after buying an additional 120 shares during the period. Briaud Financial Planning Inc acquired a new position in shares of Texas Instruments in the 3rd quarter valued at $25,000. Tennessee Valley Asset Management Partners purchased a new stake in Texas Instruments in the 4th quarter valued at $25,000. Life Planning Partners Inc acquired a new stake in Texas Instruments during the 4th quarter worth $26,000. Finally, AMH Equity Ltd purchased a new position in Texas Instruments during the 3rd quarter worth $32,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Price Performance

TXN stock traded down $2.87 during midday trading on Tuesday, hitting $176.42. 6,443,366 shares of the stock were exchanged, compared to its average volume of 5,698,071. The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.76 and a current ratio of 4.91. The stock has a market cap of $160.63 billion, a price-to-earnings ratio of 27.52, a PEG ratio of 3.78 and a beta of 1.04. Texas Instruments Incorporated has a fifty-two week low of $139.48 and a fifty-two week high of $188.12. The stock’s 50-day moving average price is $169.94 and its 200-day moving average price is $162.63.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.07 by $0.13. Texas Instruments had a return on equity of 35.28% and a net margin of 35.16%. The company had revenue of $3.66 billion during the quarter, compared to analysts’ expectations of $3.61 billion. During the same period in the previous year, the firm posted $1.85 earnings per share. The business’s revenue for the quarter was down 16.4% compared to the same quarter last year. Research analysts predict that Texas Instruments Incorporated will post 5.21 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Wednesday, May 8th will be issued a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.95%. The ex-dividend date is Tuesday, May 7th. Texas Instruments’s dividend payout ratio (DPR) is 81.12%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on TXN shares. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $180.00 target price on shares of Texas Instruments in a report on Wednesday, April 24th. Benchmark reaffirmed a “buy” rating and set a $210.00 price objective on shares of Texas Instruments in a research note on Wednesday, April 24th. Mizuho lifted their target price on Texas Instruments from $164.00 to $170.00 and gave the company a “neutral” rating in a research note on Wednesday, April 24th. Stifel Nicolaus upped their price target on Texas Instruments from $160.00 to $172.00 and gave the stock a “hold” rating in a research note on Wednesday, April 24th. Finally, JPMorgan Chase & Co. increased their price target on Texas Instruments from $180.00 to $195.00 and gave the stock an “overweight” rating in a report on Wednesday, April 24th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and an average target price of $180.74.

Insider Activity

In related news, Director Mark A. Blinn sold 1,744 shares of the firm’s stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total value of $278,778.40. Following the sale, the director now directly 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 available through this hyperlink. Corporate insiders own 0.68% of the company’s stock.

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.