Texas Instruments Incorporated (NASDAQ:TXN) Shares Purchased by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT lifted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,811 shares of the semiconductor company’s stock after purchasing an additional 242 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in Texas Instruments were worth $2,184,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Howard Financial Services LTD. boosted its holdings 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 purchasing an additional 66 shares during the last quarter. Sandy Spring Bank raised its position 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 worth $330,000 after buying an additional 66 shares during the period. Harbour Investments Inc. raised its position in shares of Texas Instruments by 2.1% in the 3rd quarter. Harbour Investments Inc. now owns 3,197 shares of the semiconductor company’s stock worth $508,000 after buying an additional 67 shares during the period. Pinnacle Financial Partners Inc raised its position in shares of Texas Instruments by 0.5% in the 3rd quarter. Pinnacle Financial Partners Inc now owns 12,470 shares of the semiconductor company’s stock worth $1,983,000 after buying an additional 68 shares during the period. Finally, Hartford Financial Management Inc. raised its position in shares of Texas Instruments by 0.4% in the 4th quarter. Hartford Financial Management Inc. now owns 18,044 shares of the semiconductor company’s stock worth $3,076,000 after buying an additional 68 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analyst Upgrades and Downgrades

TXN has been the topic of several research reports. Oppenheimer reissued a “market perform” rating on shares of Texas Instruments in a research report on Wednesday. The Goldman Sachs Group raised their price objective on Texas Instruments from $137.00 to $157.00 and gave the company a “sell” rating in a research report on Wednesday. Mizuho raised their price objective on Texas Instruments from $164.00 to $170.00 and gave the company a “neutral” rating in a research report on Wednesday. Benchmark reissued a “buy” rating and issued a $210.00 price objective on shares of Texas Instruments in a research report on Wednesday. Finally, UBS Group raised Texas Instruments from a “neutral” rating to a “buy” rating and raised their price objective for the company from $170.00 to $195.00 in a research report on Friday, January 19th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $180.74.

Insider Buying and Selling

In related news, Director Mark A. Blinn sold 1,744 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at $1,869,126.05. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.68% of the stock is owned by corporate insiders.

Texas Instruments Stock Performance

TXN stock traded up $2.23 during midday trading on Friday, reaching $177.48. The company had a trading volume of 5,401,860 shares, compared to its average volume of 5,477,503. The company has a quick ratio of 3.35, a current ratio of 4.91 and a debt-to-equity ratio of 0.76. The stock has a 50 day moving average price of $169.29 and a 200 day moving average price of $162.22. The firm has a market capitalization of $161.59 billion, a PE ratio of 27.69, a P/E/G ratio of 3.75 and a beta of 1.04. Texas Instruments Incorporated has a fifty-two week low of $139.48 and a fifty-two week high of $188.12.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, topping 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%. The business’s revenue was down 16.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.85 earnings per share. Analysts anticipate that Texas Instruments Incorporated will post 5.2 earnings per share for the current year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 21st. Investors of record on Wednesday, May 8th will be issued a dividend of $1.30 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $5.20 annualized dividend and a yield of 2.93%. Texas Instruments’s payout ratio is 81.12%.

About Texas Instruments

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.