Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Lockheed Martin Investment Management Co.

Lockheed Martin Investment Management Co. lifted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 16.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 66,780 shares of the semiconductor company's stock after purchasing an additional 9,430 shares during the quarter. Lockheed Martin Investment Management Co.'s holdings in Texas Instruments were worth $12,522,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Win Advisors Inc. acquired a new position in Texas Instruments during the fourth quarter worth about $1,006,000. Stratos Wealth Advisors LLC increased its position in Texas Instruments by 10.8% during the 4th quarter. Stratos Wealth Advisors LLC now owns 1,340 shares of the semiconductor company's stock worth $251,000 after purchasing an additional 131 shares in the last quarter. Stratos Wealth Partners LTD. lifted its stake in Texas Instruments by 3.4% in the 4th quarter. Stratos Wealth Partners LTD. now owns 47,918 shares of the semiconductor company's stock valued at $8,985,000 after purchasing an additional 1,564 shares during the last quarter. Paragon Capital Management Inc. boosted its position in Texas Instruments by 39.3% in the fourth quarter. Paragon Capital Management Inc. now owns 5,034 shares of the semiconductor company's stock valued at $944,000 after buying an additional 1,419 shares in the last quarter. Finally, Sargent Investment Group LLC bought a new stake in shares of Texas Instruments during the fourth quarter worth $426,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Stock Up 0.6 %

NASDAQ TXN traded up $1.03 during mid-day trading on Wednesday, hitting $181.59. The company's stock had a trading volume of 5,939,723 shares, compared to its average volume of 6,943,939. The firm has a market capitalization of $165.65 billion, a price-to-earnings ratio of 34.99, a PEG ratio of 2.94 and a beta of 0.97. The company's 50 day simple moving average is $190.84 and its 200 day simple moving average is $198.44. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a twelve month low of $155.46 and a twelve month high of $220.38.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same quarter in the previous year, the company earned $1.49 earnings per share. Analysts anticipate that Texas Instruments Incorporated will post 5.42 earnings per share for the current year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be paid 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%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Barclays reduced their price objective on Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating on the stock in a research report on Friday, January 24th. Benchmark restated a "buy" rating and set a $230.00 price target on shares of Texas Instruments in a 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 for the company in a report on Monday, October 21st. Robert W. Baird reduced their target price on shares of Texas Instruments from $200.00 to $175.00 and set a "neutral" rating on the stock in a report on Wednesday, October 23rd. Finally, Cantor Fitzgerald restated a "neutral" rating and issued a $200.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $209.20.

Insider Activity

In other Texas Instruments news, Director Mark A. Blinn sold 590 shares of the firm's stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the sale, the director now directly 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 filing with the SEC, which is available through this link. Also, Director Ronald Kirk sold 10,539 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $203.33, for a total value of $2,142,894.87. Following the transaction, the director now 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. Corporate insiders own 0.68% of the company's stock.

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.