Mariner LLC Has $123.06 Million Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Mariner LLC raised its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 3.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 656,303 shares of the semiconductor company's stock after purchasing an additional 20,580 shares during the period. Mariner LLC owned 0.07% of Texas Instruments worth $123,064,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Howard Capital Management Group LLC acquired a new position in shares of Texas Instruments in the third quarter valued at $202,000. Invst LLC bought a new stake in Texas Instruments in the third quarter valued at about $209,000. Anchor Investment Management LLC lifted its stake in Texas Instruments by 25.7% during the third quarter. Anchor Investment Management LLC now owns 11,633 shares of the semiconductor company's stock worth $2,403,000 after purchasing an additional 2,378 shares during the period. Pine Valley Investments Ltd Liability Co increased its position in Texas Instruments by 1.1% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 18,599 shares of the semiconductor company's stock worth $3,842,000 after purchasing an additional 197 shares during the period. Finally, World Investment Advisors LLC lifted its position in Texas Instruments by 156.4% during the 3rd quarter. World Investment Advisors LLC now owns 6,993 shares of the semiconductor company's stock valued at $1,444,000 after purchasing an additional 4,266 shares during the period. 84.99% of the stock is owned by institutional investors.

Texas Instruments Price Performance

Texas Instruments stock traded up $1.79 during midday trading on Friday, reaching $148.34. The company's stock had a trading volume of 5,690,642 shares, compared to its average volume of 6,140,707. The stock has a market cap of $134.97 billion, a PE ratio of 28.58, a price-to-earnings-growth ratio of 3.30 and a beta of 0.99. 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 52 week low of $139.95 and a 52 week high of $220.39. The business has a 50-day moving average price of $177.08 and a 200-day moving average price of $189.48.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating the consensus estimate 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 period in the prior year, the business posted $1.49 earnings per share. On average, sell-side analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th will be paid a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.67%. Texas Instruments's payout ratio is 104.82%.

Insider Activity

In related 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 transaction of $106,618.90. Following the completion of the transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of the company's stock in a transaction dated 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 completion of the sale, the director now owns 10,816 shares in the company, valued at $2,202,353.92. This trade represents a 35.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 297,655 shares of company stock valued at $59,841,304 over the last quarter. 0.57% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on TXN shares. Stifel Nicolaus reduced their price objective on shares of Texas Instruments from $200.00 to $160.00 and set a "hold" rating on the stock in a research note on Thursday. UBS Group reduced their target price on Texas Instruments from $250.00 to $225.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Citigroup decreased their price objective on shares of Texas Instruments from $235.00 to $210.00 and set a "buy" rating for the company in a report on Friday, April 11th. Benchmark reiterated a "buy" rating and issued a $230.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Finally, Mizuho decreased their price target on shares of Texas Instruments from $200.00 to $190.00 and set a "neutral" rating for the company in a report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $206.86.

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.