15,600 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Bought by Polymer Capital Management US LLC

Polymer Capital Management US LLC acquired a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 15,600 shares of the semiconductor company's stock, valued at approximately $2,925,000.

Other large investors have also added to or reduced their stakes in the company. Fiduciary Alliance LLC grew its holdings in shares of Texas Instruments by 25.3% in the fourth quarter. Fiduciary Alliance LLC now owns 36,801 shares of the semiconductor company's stock worth $6,901,000 after acquiring an additional 7,424 shares during the period. Ameritas Advisory Services LLC raised its position in shares of Texas Instruments by 73.7% during the 4th quarter. Ameritas Advisory Services LLC now owns 8,739 shares of the semiconductor company's stock valued at $1,639,000 after buying an additional 3,707 shares in the last quarter. HB Wealth Management LLC lifted its position in Texas Instruments by 4.4% in the fourth quarter. HB Wealth Management LLC now owns 99,856 shares of the semiconductor company's stock worth $18,724,000 after buying an additional 4,238 shares during the last quarter. Hamlin Capital Management LLC increased its stake in Texas Instruments by 9.2% in the 4th quarter. Hamlin Capital Management LLC now owns 871,623 shares of the semiconductor company's stock worth $163,438,000 after buying an additional 73,715 shares during the period. Finally, Franklin Resources Inc. increased its stake in shares of Texas Instruments by 0.8% during the third quarter. Franklin Resources Inc. now owns 7,025,965 shares of the semiconductor company's stock valued at $1,466,003,000 after buying an additional 55,690 shares during the period. Hedge funds and other institutional investors own 84.99% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Barclays cut their price objective on shares of Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating on the stock in a report on Friday, January 24th. Mizuho dropped their price objective on Texas Instruments from $200.00 to $190.00 and set a "neutral" rating on the stock in a report on Friday, January 24th. Rosenblatt Securities restated a "buy" rating and set a $250.00 price target on shares of Texas Instruments in a research report on Tuesday, January 21st. Baird R W raised shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a report on Monday, April 7th. Finally, Citigroup reduced their price objective on Texas Instruments from $235.00 to $210.00 and set a "buy" rating on the stock in a research report on Friday. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $207.95.

Texas Instruments Price Performance

NASDAQ TXN traded down $9.00 during trading on Friday, reaching $147.60. 21,101,622 shares of the company traded hands, compared to its average volume of 6,075,826. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $220.39. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The stock's 50 day moving average price is $180.26 and its two-hundred day moving average price is $191.36. The company has a market cap of $134.30 billion, a price-to-earnings ratio of 28.44, a P/E/G ratio of 3.30 and a beta of 0.99.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same quarter in the previous year, the firm earned $1.49 EPS. As a group, analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were issued a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 3.69%. The ex-dividend date was Friday, January 31st. Texas Instruments's dividend payout ratio is 104.82%.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Chairman Richard K. Templeton sold 97,000 shares of the company's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the completion of the sale, the chairman now owns 409,089 shares in the company, valued at approximately $82,930,522.08. The trade was a 19.17 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of Texas Instruments 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 sale, the director now directly owns 10,816 shares of the company's stock, valued at approximately $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. In the last ninety days, insiders have sold 297,655 shares of company stock worth $59,841,304. Insiders own 0.57% 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.