Coldstream Capital Management Inc. Raises Position in Texas Instruments Incorporated (NASDAQ:TXN)

Coldstream Capital Management Inc. increased its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 4.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,700 shares of the semiconductor company's stock after purchasing an additional 1,580 shares during the period. Coldstream Capital Management Inc.'s holdings in Texas Instruments were worth $6,694,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Voya Financial Advisors Inc. increased its stake in shares of Texas Instruments by 1.6% during the 4th quarter. Voya Financial Advisors Inc. now owns 3,649 shares of the semiconductor company's stock valued at $686,000 after acquiring an additional 58 shares during the last quarter. Kovitz Investment Group Partners LLC boosted its position in shares of Texas Instruments by 43.8% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 121,949 shares of the semiconductor company's stock worth $22,867,000 after acquiring an additional 37,129 shares during the last quarter. Topsail Wealth Management LLC purchased a new stake in Texas Instruments in the fourth quarter valued at approximately $1,155,000. Hancock Whitney Corp increased its position in Texas Instruments by 19.5% during the fourth quarter. Hancock Whitney Corp now owns 12,844 shares of the semiconductor company's stock worth $2,408,000 after purchasing an additional 2,099 shares during the last quarter. Finally, Empire Financial Management Company LLC raised its stake in Texas Instruments by 3.8% during the fourth quarter. Empire Financial Management Company LLC now owns 12,766 shares of the semiconductor company's stock worth $2,394,000 after purchasing an additional 470 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Texas Instruments news, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $202.72, for a total value of $19,663,840.00. Following the completion of the transaction, the chairman now directly owns 409,089 shares in the company, valued at $82,930,522.08. The trade was a 19.17 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Janet F. Clark sold 6,065 shares of the company's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $203.62, for a total value of $1,234,955.30. Following the transaction, the director now directly owns 10,816 shares of the company's stock, valued at $2,202,353.92. This trade represents a 35.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 297,655 shares of company stock valued at $59,841,304 in the last quarter. Insiders own 0.57% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on TXN shares. Morgan Stanley reissued an "underweight" rating and set a $148.00 price objective (up from $146.00) on shares of Texas Instruments in a research note on Thursday. DZ Bank upgraded Texas Instruments from a "sell" rating to a "hold" rating and set a $163.00 price target for the company in a research note on Friday. Barclays lowered Texas Instruments from an "equal weight" rating to an "underweight" rating and reduced their price objective for the company from $180.00 to $125.00 in a research note on Tuesday. Benchmark decreased their target price on Texas Instruments from $230.00 to $200.00 and set a "buy" rating for the company in a report on Thursday. Finally, Mizuho set a $170.00 price target on shares of Texas Instruments in a research report on Thursday. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $189.41.

Texas Instruments Price Performance

Shares of NASDAQ TXN opened at $162.86 on Friday. The business has a 50 day moving average price of $174.21 and a two-hundred day moving average price of $187.82. Texas Instruments Incorporated has a fifty-two week low of $139.95 and a fifty-two week high of $220.39. The firm has a market cap of $148.19 billion, a PE ratio of 31.38, a price-to-earnings-growth ratio of 3.30 and a beta of 0.99. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, topping analysts' consensus estimates of $1.06 by $0.22. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The business had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. Sell-side analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share 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 paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 3.34%. The ex-dividend date is Wednesday, April 30th. Texas Instruments's payout ratio is currently 104.82%.

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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