Strong Tower Advisory Services Has $1.22 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Strong Tower Advisory Services grew its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 2.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,177 shares of the semiconductor company’s stock after purchasing an additional 179 shares during the quarter. Strong Tower Advisory Services’ holdings in Texas Instruments were worth $1,223,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in TXN. Annapolis Financial Services LLC increased its position in shares of Texas Instruments by 333.3% during the 3rd quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 120 shares during the last quarter. Briaud Financial Planning Inc acquired a new position in shares of Texas Instruments during the 3rd quarter worth approximately $25,000. Riverview Trust Co boosted its stake in shares of Texas Instruments by 57.4% during the 3rd quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 66 shares during the period. Coppell Advisory Solutions Corp. bought a new position in shares of Texas Instruments during the 4th quarter worth approximately $30,000. Finally, AMH Equity Ltd bought a new position in shares of Texas Instruments during the 3rd quarter worth approximately $32,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on TXN shares. Barclays reduced their target price on Texas Instruments from $160.00 to $150.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 24th. Rosenblatt Securities restated a “buy” rating and issued a $190.00 price target on shares of Texas Instruments in a research note on Tuesday, January 23rd. UBS Group upgraded Texas Instruments from a “neutral” rating to a “buy” rating and boosted their price target for the company from $170.00 to $195.00 in a research note on Friday, January 19th. Mizuho reduced their price target on Texas Instruments from $170.00 to $164.00 and set a “neutral” rating for the company in a research note on Wednesday, January 24th. Finally, TD Cowen boosted their price target on Texas Instruments from $145.00 to $160.00 and gave the company a “market perform” rating in a research note on Wednesday, January 24th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $173.89.

Texas Instruments Price Performance

Texas Instruments stock opened at $174.21 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.35 and a current ratio of 4.55. Texas Instruments Incorporated has a 52 week low of $139.48 and a 52 week high of $188.12. The stock has a market capitalization of $158.54 billion, a P/E ratio of 24.68, a price-to-earnings-growth ratio of 3.72 and a beta of 1.04. The stock has a fifty day moving average of $166.63 and a 200-day moving average of $160.86.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.46 by $0.03. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The business had revenue of $4.08 billion during the quarter, compared to analysts’ expectations of $4.12 billion. During the same quarter in the prior year, the firm earned $2.13 EPS. The business’s revenue for the quarter was down 12.7% compared to the same quarter last year. On average, sell-side analysts expect that Texas Instruments Incorporated will post 5.16 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 13th. Shareholders of record on Wednesday, January 31st were issued a $1.30 dividend. The ex-dividend date was Tuesday, January 30th. This represents a $5.20 dividend on an annualized basis and a yield of 2.98%. Texas Instruments’s payout ratio is presently 73.65%.

Insiders Place Their Bets

In related news, Director Mark A. Blinn sold 1,744 shares of the company’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total transaction of $278,778.40. Following the sale, the director now owns 11,693 shares in the company, valued at approximately $1,869,126.05. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.68% of the company’s stock.

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.