Xponance Inc. Increases Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Xponance Inc. boosted its position in Texas Instruments Incorporated (NASDAQ:TXN) by 3.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 155,257 shares of the semiconductor company’s stock after buying an additional 5,199 shares during the period. Xponance Inc.’s holdings in Texas Instruments were worth $26,465,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TXN. Annapolis Financial Services LLC grew its holdings in Texas Instruments by 333.3% in the 3rd quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 120 shares during the period. Briaud Financial Planning Inc purchased a new stake in Texas Instruments in the 3rd quarter valued at about $25,000. Tennessee Valley Asset Management Partners purchased a new stake in Texas Instruments in the 4th quarter valued at about $25,000. Life Planning Partners Inc purchased a new stake in Texas Instruments in the 4th quarter valued at about $26,000. Finally, Riverview Trust Co grew its holdings in Texas Instruments by 57.4% in the 3rd quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 66 shares during the period. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Texas Instruments

In other news, Director Mark A. Blinn sold 1,744 shares of the stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total value of $278,778.40. Following the completion of the transaction, the director now owns 11,693 shares of the company’s stock, valued at $1,869,126.05. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.68% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on TXN shares. Morgan Stanley boosted their target price on Texas Instruments from $138.00 to $146.00 and gave the stock an “underweight” rating in a report on Wednesday, January 24th. Mizuho decreased their target price on Texas Instruments from $170.00 to $164.00 and set a “neutral” rating for the company in a report on Wednesday, January 24th. Rosenblatt Securities restated a “buy” rating and issued a $190.00 price target on shares of Texas Instruments in a report on Tuesday, January 23rd. Cantor Fitzgerald upped their target price on Texas Instruments from $170.00 to $180.00 and gave the company a “neutral” rating in a research report on Monday, April 8th. Finally, Susquehanna cut their target price on Texas Instruments from $205.00 to $200.00 and set a “positive” rating on the stock in a research report on Wednesday, January 24th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $176.68.

Texas Instruments Stock Performance

NASDAQ TXN traded down $2.03 during trading hours on Thursday, hitting $163.67. The company had a trading volume of 5,456,556 shares, compared to its average volume of 5,448,080. Texas Instruments Incorporated has a fifty-two week low of $139.48 and a fifty-two week high of $188.12. The company has a quick ratio of 3.35, a current ratio of 4.55 and a debt-to-equity ratio of 0.63. The business has a fifty day simple moving average of $168.09 and a 200-day simple moving average of $161.71. The firm has a market cap of $148.95 billion, a P/E ratio of 23.28, a price-to-earnings-growth ratio of 3.61 and a beta of 1.04.

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

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.