YHB Investment Advisors Inc. Increases Stake in Texas Instruments Incorporated (NASDAQ:TXN)

YHB Investment Advisors Inc. raised its position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 69.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,855 shares of the semiconductor company's stock after buying an additional 1,580 shares during the quarter. YHB Investment Advisors Inc.'s holdings in Texas Instruments were worth $723,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. MidAtlantic Capital Management Inc. bought a new position in Texas Instruments in the third quarter worth about $28,000. Retirement Wealth Solutions LLC acquired a new position in Texas Instruments during the fourth quarter worth about $27,000. Tsfg LLC boosted its holdings in shares of Texas Instruments by 82.0% in the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company's stock worth $38,000 after buying an additional 82 shares during the period. Capital Performance Advisors LLP purchased a new position in Texas Instruments during the 3rd quarter worth approximately $39,000. Finally, FSA Wealth Management LLC acquired a new position in Texas Instruments during the third quarter valued at $41,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on TXN shares. Barclays dropped their price objective on Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating for the company in a research note on Friday, January 24th. Summit Insights raised Texas Instruments from a "hold" rating to a "buy" rating in a research note on Wednesday, October 23rd. Evercore ISI raised their price objective on Texas Instruments from $268.00 to $298.00 and gave the company an "outperform" rating in a report on Wednesday, October 23rd. Rosenblatt Securities reissued a "buy" rating and set a $250.00 target price on shares of Texas Instruments in a report on Tuesday, January 21st. Finally, Truist Financial cut their price objective on shares of Texas Instruments from $199.00 to $195.00 and set a "hold" rating for the company in a research report on Friday, January 24th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $209.20.

Texas Instruments Price Performance

Texas Instruments stock traded down $0.30 during mid-day trading on Wednesday, reaching $180.27. The company had a trading volume of 4,181,184 shares, compared to its average volume of 7,196,074. The company has a market capitalization of $164.45 billion, a P/E ratio of 33.51, a P/E/G ratio of 3.84 and a beta of 0.98. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14. The stock's 50-day simple moving average is $192.56 and its 200-day simple moving average is $199.19. Texas Instruments Incorporated has a 1 year low of $155.46 and a 1 year high of $220.38.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. During the same period in the prior year, the business earned $1.49 earnings per share. On average, equities analysts predict that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be given a $1.36 dividend. The ex-dividend date is Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 3.02%. Texas Instruments's dividend payout ratio (DPR) is presently 104.82%.

Insider Transactions at Texas Instruments

In other Texas Instruments news, 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 transaction of $2,142,894.87. Following the completion of the transaction, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.68% of the stock is currently owned by insiders.

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.