GHP Investment Advisors Inc. Boosts Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

GHP Investment Advisors Inc. grew its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 5.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,954 shares of the semiconductor company’s stock after buying an additional 2,638 shares during the period. GHP Investment Advisors Inc.’s holdings in Texas Instruments were worth $9,554,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Czech National Bank boosted its stake in Texas Instruments by 7.2% in the third quarter. Czech National Bank now owns 185,997 shares of the semiconductor company’s stock valued at $38,421,000 after acquiring an additional 12,496 shares in the last quarter. Atomi Financial Group Inc. boosted its position in shares of Texas Instruments by 14.8% in the 3rd quarter. Atomi Financial Group Inc. now owns 3,648 shares of the semiconductor company’s stock valued at $754,000 after purchasing an additional 470 shares during the period. Trust Co of Kansas purchased a new position in Texas Instruments during the 3rd quarter worth approximately $208,000. Brookstone Capital Management increased its position in Texas Instruments by 0.4% during the third quarter. Brookstone Capital Management now owns 17,569 shares of the semiconductor company’s stock worth $3,629,000 after buying an additional 67 shares during the period. Finally, Howard Financial Services LTD. lifted its stake in Texas Instruments by 6.5% in the third quarter. Howard Financial Services LTD. now owns 2,365 shares of the semiconductor company’s stock valued at $488,000 after buying an additional 144 shares during the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Texas Instruments

In related news, Director Mark A. Blinn sold 590 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the sale, the director now owns 11,717 shares of the company’s stock, valued at $2,117,379.07. This trade represents a 4.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ronald Kirk sold 10,539 shares of the business’s 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 completion of the transaction, the director now directly owns 14,323 shares of the company’s stock, valued at $2,912,295.59. The trade was a 42.39 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

TXN has been the topic of a number of research reports. Mizuho lowered their target price on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research report on Friday, January 24th. Susquehanna dropped their price objective on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research note on Monday, October 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 note on Wednesday, October 23rd. Wells Fargo & Company dropped their price target on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. Finally, Benchmark reaffirmed a “buy” rating and set a $230.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $209.20.

Texas Instruments Stock Performance

TXN opened at $181.59 on Thursday. Texas Instruments Incorporated has a 1-year low of $155.46 and a 1-year high of $220.38. The stock has a market cap of $165.65 billion, a P/E ratio of 34.99, a P/E/G ratio of 2.94 and a beta of 0.97. The stock’s 50 day simple moving average is $190.49 and its 200 day simple moving average is $198.32. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same period last year, the business earned $1.49 EPS. As a group, equities analysts anticipate that Texas Instruments Incorporated will post 5.42 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be issued a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 3.00%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is presently 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.