3,156 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Acquired by Burling Wealth Partners LLC

Burling Wealth Partners LLC bought a new stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,156 shares of the semiconductor company's stock, valued at approximately $592,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TXN. Howard Capital Management Group LLC acquired a new position in shares of Texas Instruments during the third quarter worth $202,000. Invst LLC bought a new position in Texas Instruments during the 3rd quarter worth $209,000. Anchor Investment Management LLC lifted its holdings in Texas Instruments by 25.7% during the 3rd quarter. Anchor Investment Management LLC now owns 11,633 shares of the semiconductor company's stock worth $2,403,000 after buying an additional 2,378 shares during the period. Pine Valley Investments Ltd Liability Co grew its position in shares of Texas Instruments by 1.1% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 18,599 shares of the semiconductor company's stock valued at $3,842,000 after buying an additional 197 shares during the last quarter. Finally, World Investment Advisors LLC increased its stake in shares of Texas Instruments by 156.4% in the third quarter. World Investment Advisors LLC now owns 6,993 shares of the semiconductor company's stock valued at $1,444,000 after buying an additional 4,266 shares during the period. Institutional investors own 84.99% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on TXN shares. Morgan Stanley reaffirmed an "underweight" rating and issued a $148.00 price objective (up from $146.00) on shares of Texas Instruments in a research note on Thursday. Truist Financial dropped their price target on shares of Texas Instruments from $195.00 to $171.00 and set a "hold" rating on the stock in a research report on Thursday. Rosenblatt Securities reissued a "buy" rating and set a $216.00 target price on shares of Texas Instruments in a research note on Thursday. Benchmark cut their price target on shares of Texas Instruments from $230.00 to $200.00 and set a "buy" rating on the stock in a research report on Thursday. Finally, Stifel Nicolaus lowered their price objective on Texas Instruments from $200.00 to $160.00 and set a "hold" rating for the company in a research report on Thursday, April 17th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $190.67.

Texas Instruments Trading Up 6.6 %

NASDAQ:TXN opened at $162.13 on Friday. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $220.39. The company has a market cap of $147.53 billion, a PE ratio of 31.24, a PEG ratio of 3.30 and a beta of 0.99. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The firm has a 50-day moving average of $174.68 and a 200-day moving average of $188.09.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.06 by $0.22. The firm had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. As a group, equities research analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th will be issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date is Wednesday, April 30th. Texas Instruments's dividend payout ratio is 104.82%.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of the business's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $203.62, for a total value of $1,234,955.30. Following the transaction, the director now owns 10,816 shares of the company's stock, valued at approximately $2,202,353.92. The trade was a 35.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Richard K. Templeton sold 97,000 shares of the company's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $197.69, for a total value of $19,175,930.00. Following the completion of the transaction, the chairman now owns 409,089 shares of the company's stock, valued at $80,872,804.41. This trade represents a 19.17 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 297,655 shares of company stock worth $59,841,304 in the last quarter. 0.57% of the stock is currently owned by corporate insiders.

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.

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