TCG Advisory Services LLC Invests $304,000 in Texas Instruments Incorporated (NASDAQ:TXN)

TCG Advisory Services LLC acquired a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN) in the 4th quarter, Holdings Channel reports. The fund acquired 1,785 shares of the semiconductor company’s stock, valued at approximately $304,000.

Other large investors also recently bought and sold shares of the company. Field & Main Bank raised its holdings in Texas Instruments by 10.4% during the 4th quarter. Field & Main Bank now owns 693 shares of the semiconductor company’s stock worth $118,000 after purchasing an additional 65 shares during the last quarter. Howard Financial Services LTD. raised its position in shares of Texas Instruments by 3.1% during the fourth quarter. Howard Financial Services LTD. now owns 2,177 shares of the semiconductor company’s stock worth $371,000 after acquiring an additional 66 shares during the last quarter. Sandy Spring Bank grew its stake in shares of Texas Instruments by 3.5% in the 4th quarter. Sandy Spring Bank now owns 1,934 shares of the semiconductor company’s stock valued at $330,000 after buying an additional 66 shares during the period. Harbour Investments Inc. boosted its holdings in Texas Instruments by 2.1% during the 3rd quarter. Harbour Investments Inc. now owns 3,197 shares of the semiconductor company’s stock worth $508,000 after acquiring an additional 67 shares during the last quarter. Finally, Pinnacle Financial Partners Inc raised its stake in shares of Texas Instruments by 0.5% in the third quarter. Pinnacle Financial Partners Inc now owns 12,470 shares of the semiconductor company’s stock valued at $1,983,000 after buying an additional 68 shares during the period. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on TXN. Susquehanna lifted their price objective on Texas Instruments from $200.00 to $205.00 and gave the stock a “positive” rating in a research report on Wednesday, April 24th. Mizuho boosted their price objective on shares of Texas Instruments from $164.00 to $170.00 and gave the company a “neutral” rating in a research report on Wednesday, April 24th. Truist Financial upped their price objective on shares of Texas Instruments from $165.00 to $167.00 and gave the stock a “hold” rating in a research note on Wednesday, April 24th. Morgan Stanley increased their price target on shares of Texas Instruments from $138.00 to $146.00 and gave the stock an “underweight” rating in a report on Wednesday, January 24th. Finally, UBS Group raised shares of Texas Instruments from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $170.00 to $195.00 in a research note on Friday, January 19th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $180.74.

Texas Instruments Price Performance

Shares of NASDAQ:TXN traded up $0.87 during midday trading on Monday, hitting $179.78. 723,242 shares of the stock were exchanged, compared to its average volume of 5,632,685. The company has a current ratio of 4.91, a quick ratio of 3.76 and a debt-to-equity ratio of 0.76. The stock has a market cap of $163.69 billion, a P/E ratio of 27.91, a PEG ratio of 3.81 and a beta of 1.01. The company has a 50 day moving average price of $170.68 and a 200-day moving average price of $163.12. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $188.12.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 EPS for the quarter, beating the consensus estimate of $1.07 by $0.13. The business had revenue of $3.66 billion during the quarter, compared to the consensus estimate of $3.61 billion. Texas Instruments had a return on equity of 35.28% and a net margin of 35.16%. Texas Instruments’s revenue was down 16.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.85 earnings per share. On average, research analysts forecast that Texas Instruments Incorporated will post 5.21 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 21st. Stockholders of record on Wednesday, May 8th will be issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a dividend yield of 2.89%. The ex-dividend date of this dividend is Tuesday, May 7th. Texas Instruments’s dividend payout ratio (DPR) is currently 81.12%.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Director Robert E. Sanchez sold 10,539 shares of Texas Instruments stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $174.97, for a total value of $1,844,008.83. Following the completion of the sale, the director now directly owns 20,461 shares in the company, valued at $3,580,061.17. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, Director Pamela H. Patsley sold 9,990 shares of Texas Instruments stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $179.12, for a total value of $1,789,408.80. Following the sale, the director now directly owns 33,348 shares of the company’s stock, valued at $5,973,293.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert E. Sanchez sold 10,539 shares of the company’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $174.97, for a total value of $1,844,008.83. Following the transaction, the director now directly owns 20,461 shares in the company, valued at $3,580,061.17. The disclosure for this sale can be found here. In the last three months, insiders have sold 228,529 shares of company stock valued at $40,502,458. 0.68% 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.