SageView Advisory Group LLC Increases Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

SageView Advisory Group LLC grew its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 59.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,985 shares of the semiconductor company's stock after buying an additional 4,092 shares during the quarter. SageView Advisory Group LLC's holdings in Texas Instruments were worth $2,060,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. HF Advisory Group LLC grew its position in Texas Instruments by 0.6% during the fourth quarter. HF Advisory Group LLC now owns 8,544 shares of the semiconductor company's stock valued at $1,602,000 after acquiring an additional 52 shares during the last quarter. Blossom Wealth Management lifted its stake in Texas Instruments by 5.1% in the fourth quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company's stock worth $213,000 after purchasing an additional 55 shares during the last quarter. OLD Second National Bank of Aurora grew its stake in shares of Texas Instruments by 11.1% during the fourth quarter. OLD Second National Bank of Aurora now owns 572 shares of the semiconductor company's stock valued at $107,000 after buying an additional 57 shares during the last quarter. Avitas Wealth Management LLC lifted its stake in shares of Texas Instruments by 0.5% in the 4th quarter. Avitas Wealth Management LLC now owns 10,835 shares of the semiconductor company's stock valued at $2,032,000 after acquiring an additional 59 shares during the last quarter. Finally, Augustine Asset Management Inc. grew its position in Texas Instruments by 5.2% during the 4th quarter. Augustine Asset Management Inc. now owns 1,204 shares of the semiconductor company's stock worth $226,000 after acquiring an additional 60 shares during the last quarter. 84.99% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

TXN has been the topic of several analyst reports. Cantor Fitzgerald reaffirmed a "neutral" rating and issued a $200.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Truist Financial cut their target price on Texas Instruments from $199.00 to $195.00 and set a "hold" rating on the stock in a research note on Friday, January 24th. Mizuho dropped their price objective on Texas Instruments from $200.00 to $190.00 and set a "neutral" rating for the company in a report on Friday, January 24th. Rosenblatt Securities reissued a "buy" rating and set a $250.00 target price on shares of Texas Instruments in a research note on Tuesday, January 21st. Finally, Wells Fargo & Company decreased their price objective on shares of Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating for the company in a report on Monday, January 13th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $206.86.

Texas Instruments Stock Performance

Shares of TXN stock traded up $1.79 during mid-day trading on Friday, reaching $148.34. 5,690,642 shares of the company's stock traded hands, compared to its average volume of 6,138,575. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. The firm has a 50 day moving average price of $177.70 and a two-hundred day moving average price of $189.85. The firm has a market capitalization 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 debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating analysts' consensus estimates 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 company posted $1.49 EPS. On average, research analysts forecast 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 will be paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th will be issued a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 3.67%. Texas Instruments's dividend payout ratio (DPR) is 104.82%.

Insider Activity at Texas Instruments

In other 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 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Janet F. Clark sold 6,065 shares of the firm's 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 completion of the sale, the director now owns 10,816 shares of the company's stock, valued at approximately $2,202,353.92. This represents a 35.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 297,655 shares of company stock valued at $59,841,304. 0.57% of the stock is owned by corporate insiders.

Texas Instruments Company 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.