Hamilton Point Investment Advisors LLC increased its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 2.0% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 35,478 shares of the semiconductor company’s stock after buying an additional 681 shares during the quarter. Texas Instruments accounts for approximately 1.7% of Hamilton Point Investment Advisors LLC’s portfolio, making the stock its 27th largest holding. Hamilton Point Investment Advisors LLC’s holdings in Texas Instruments were worth $3,353,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Highwater Wealth Management LLC bought a new position in shares of Texas Instruments in the fourth quarter worth approximately $34,000. Intercontinental Wealth Advisors LLC bought a new position in shares of Texas Instruments in the fourth quarter worth approximately $40,000. Essex Savings Bank bought a new position in shares of Texas Instruments in the fourth quarter worth approximately $42,000. Baldwin Brothers Inc. MA increased its position in shares of Texas Instruments by 42.5% in the fourth quarter. Baldwin Brothers Inc. MA now owns 513 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 153 shares during the last quarter. Finally, G&S Capital LLC increased its position in shares of Texas Instruments by 25.0% in the fourth quarter. G&S Capital LLC now owns 725 shares of the semiconductor company’s stock worth $69,000 after purchasing an additional 145 shares during the last quarter. 86.92% of the stock is currently owned by institutional investors.

In related news, Chairman Richard K. Templeton sold 90,842 shares of the firm’s stock in a transaction on Thursday, January 31st. The stock was sold at an average price of $101.14, for a total value of $9,187,759.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Ahmad Bahai sold 26,963 shares of the firm’s stock in a transaction on Friday, January 25th. The stock was sold at an average price of $103.75, for a total value of $2,797,411.25. Following the completion of the sale, the insider now directly owns 58,928 shares of the company’s stock, valued at approximately $6,113,780. The disclosure for this sale can be found here. In the last three months, insiders have sold 163,295 shares of company stock valued at $16,651,930. Insiders own 0.84% of the company’s stock.

Several research analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Texas Instruments from a “sell” rating to a “hold” rating in a research report on Thursday, October 25th. BidaskClub cut shares of Texas Instruments from a “hold” rating to a “sell” rating in a research report on Friday, January 25th. Sanford C. Bernstein reaffirmed a “buy” rating and issued a $115.00 target price on shares of Texas Instruments in a research note on Wednesday, October 24th. BMO Capital Markets reaffirmed a “buy” rating and issued a $120.00 target price on shares of Texas Instruments in a research note on Thursday, January 24th. Finally, Nomura reaffirmed a “neutral” rating and issued a $95.00 target price (down previously from $100.00) on shares of Texas Instruments in a research note on Thursday, January 24th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eleven have given a buy rating to the company’s stock. Texas Instruments currently has a consensus rating of “Hold” and an average price target of $108.74.

NASDAQ:TXN opened at $104.76 on Tuesday. The company has a market cap of $100.42 billion, a PE ratio of 19.33, a P/E/G ratio of 1.98 and a beta of 1.17. Texas Instruments Incorporated has a fifty-two week low of $87.70 and a fifty-two week high of $118.48. The company has a quick ratio of 2.38, a current ratio of 3.27 and a debt-to-equity ratio of 0.48.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Wednesday, January 23rd. The semiconductor company reported $1.27 earnings per share for the quarter, beating analysts’ consensus estimates of $1.24 by $0.03. The firm had revenue of $3.72 billion during the quarter, compared to analyst estimates of $3.75 billion. Texas Instruments had a return on equity of 53.05% and a net margin of 35.35%. The business’s quarterly revenue was down .9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.09 earnings per share. Sell-side analysts anticipate that Texas Instruments Incorporated will post 5.21 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 11th. Stockholders of record on Thursday, January 31st were paid a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date was Wednesday, January 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 56.83%.

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About Texas Instruments

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, portable components, power supply controls, point-of-load products, switches and interfaces, integrated protection devices, high-voltage products, and mobile lighting and display products.

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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