Alliance Wealth Advisors LLC UT Purchases 242 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Alliance Wealth Advisors LLC UT lifted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,811 shares of the semiconductor company’s stock after purchasing an additional 242 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in Texas Instruments were worth $2,184,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TXN. Advisory Alpha LLC bought a new position in shares of Texas Instruments during the third quarter worth $230,000. Oak Thistle LLC lifted its position in Texas Instruments by 163.7% in the 3rd quarter. Oak Thistle LLC now owns 3,307 shares of the semiconductor company’s stock valued at $526,000 after acquiring an additional 2,053 shares in the last quarter. Patriot Financial Group Insurance Agency LLC lifted its position in Texas Instruments by 6.9% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,581 shares of the semiconductor company’s stock valued at $569,000 after acquiring an additional 230 shares in the last quarter. Connecticut Wealth Management LLC lifted its position in Texas Instruments by 92.8% in the 3rd quarter. Connecticut Wealth Management LLC now owns 6,277 shares of the semiconductor company’s stock valued at $998,000 after acquiring an additional 3,021 shares in the last quarter. Finally, Investment Advisory Services Inc. TX ADV lifted its position in Texas Instruments by 5.9% in the 3rd quarter. Investment Advisory Services Inc. TX ADV now owns 2,854 shares of the semiconductor company’s stock valued at $454,000 after acquiring an additional 159 shares in the last quarter. 84.99% of the stock is owned by institutional investors.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the business’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 approximately $1,869,126.05. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.68% of the company’s stock.

Texas Instruments Stock Performance

TXN traded up $2.23 on Friday, reaching $177.48. The company had a trading volume of 5,401,860 shares, compared to its average volume of 5,477,503. Texas Instruments Incorporated has a fifty-two week low of $139.48 and a fifty-two week high of $188.12. The stock has a market cap of $161.59 billion, a P/E ratio of 27.69, a P/E/G ratio of 3.75 and a beta of 1.04. The company’s fifty day moving average is $169.29 and its 200 day moving average is $162.22. The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.35 and a current ratio of 4.91.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.13. The business had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.61 billion. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. Texas Instruments’s quarterly revenue was down 16.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.85 EPS. As a group, analysts predict that Texas Instruments Incorporated will post 5.2 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date of this dividend is Tuesday, May 7th. Texas Instruments’s dividend payout ratio is currently 81.12%.

Analysts Set New Price Targets

Several research firms recently commented on TXN. Mizuho boosted their price objective on shares of Texas Instruments from $164.00 to $170.00 and gave the company a “neutral” rating in a research report on Wednesday. Evercore ISI boosted their price objective on shares of Texas Instruments from $213.00 to $225.00 and gave the company an “outperform” rating in a research report on Wednesday. Benchmark reiterated a “buy” rating and issued a $210.00 price target on shares of Texas Instruments in a research note on Wednesday. UBS Group upgraded shares of Texas Instruments from a “neutral” rating to a “buy” rating and lifted their price target for the company from $170.00 to $195.00 in a research note on Friday, January 19th. Finally, Morgan Stanley lifted their price target on shares of Texas Instruments from $138.00 to $146.00 and gave the company an “underweight” rating in a research note on Wednesday, January 24th. Three investment 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. According to MarketBeat, Texas Instruments presently has an average rating of “Hold” and a consensus target price of $180.74.

Texas Instruments Company 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.