Park Avenue Securities LLC Purchases 1,310 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Park Avenue Securities LLC increased its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 11.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 12,507 shares of the semiconductor company's stock after purchasing an additional 1,310 shares during the quarter. Park Avenue Securities LLC's holdings in Texas Instruments were worth $2,345,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. MidAtlantic Capital Management Inc. acquired a new position in shares of Texas Instruments during the third quarter worth approximately $28,000. Tsfg LLC increased its position in Texas Instruments by 82.0% during the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company's stock worth $38,000 after acquiring an additional 82 shares during the period. Capital Performance Advisors LLP acquired a new position in Texas Instruments during the 3rd quarter valued at $39,000. FSA Wealth Management LLC acquired a new position in Texas Instruments during the 3rd quarter valued at $41,000. Finally, McClarren Financial Advisors Inc. bought a new stake in Texas Instruments in the 3rd quarter valued at $43,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the firm's stock in a transaction that occurred on 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 sale, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Robert E. Sanchez sold 9,990 shares of Texas Instruments stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $208.80, for a total value of $2,085,912.00. Following the sale, the director now directly owns 20,461 shares of the company's stock, valued at approximately $4,272,256.80. The trade was a 32.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.68% of the company's stock.

Texas Instruments Trading Up 2.7 %

NASDAQ:TXN traded up $5.05 during trading hours on Friday, hitting $192.42. The stock had a trading volume of 5,388,038 shares, compared to its average volume of 4,167,320. The business's 50 day moving average is $194.79 and its 200-day moving average is $199.64. The company has a market cap of $175.53 billion, a price-to-earnings ratio of 35.77, a P/E/G ratio of 3.69 and a beta of 0.98. Texas Instruments Incorporated has a one year low of $155.46 and a one year high of $220.38. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.38 by $0.09. The business had revenue of $4.15 billion during the quarter, compared to analysts' expectations of $4.12 billion. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. Texas Instruments's revenue for the quarter was down 8.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.80 EPS. Sell-side analysts anticipate that Texas Instruments Incorporated will post 5.08 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be issued a dividend of $1.36 per share. The ex-dividend date is Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.83%. Texas Instruments's payout ratio is 101.12%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on TXN shares. Summit Insights upgraded Texas Instruments from a "hold" rating to a "buy" rating in a research report on Wednesday, October 23rd. Benchmark restated a "buy" rating and issued a $230.00 price objective on shares of Texas Instruments in a research note on Wednesday, October 23rd. Susquehanna reduced 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. Rosenblatt Securities reissued a "buy" rating and issued a $250.00 target price on shares of Texas Instruments in a research note on Wednesday, October 23rd. Finally, Robert W. Baird cut their price target on shares of Texas Instruments from $200.00 to $175.00 and set a "neutral" rating for the company in a research note on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat, Texas Instruments currently has a consensus rating of "Hold" and a consensus price target of $209.71.

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.