Capital Advisors Ltd. LLC Grows Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Capital Advisors Ltd. LLC grew its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 3.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 3,033 shares of the semiconductor company’s stock after purchasing an additional 102 shares during the period. Capital Advisors Ltd. LLC’s holdings in Texas Instruments were worth $517,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of TXN. Vanguard Group Inc. increased its position in Texas Instruments by 0.5% in the 3rd quarter. Vanguard Group Inc. now owns 88,862,201 shares of the semiconductor company’s stock valued at $14,129,979,000 after acquiring an additional 458,853 shares during the period. Charles Schwab Investment Management Inc. increased its position in Texas Instruments by 4.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 18,893,821 shares of the semiconductor company’s stock valued at $2,986,123,000 after acquiring an additional 839,964 shares during the period. Morgan Stanley increased its position in Texas Instruments by 14.2% in the 3rd quarter. Morgan Stanley now owns 14,154,358 shares of the semiconductor company’s stock valued at $2,250,685,000 after acquiring an additional 1,755,582 shares during the period. Northern Trust Corp increased its position in Texas Instruments by 2.9% in the 3rd quarter. Northern Trust Corp now owns 11,095,428 shares of the semiconductor company’s stock valued at $1,764,284,000 after acquiring an additional 315,302 shares during the period. Finally, California Public Employees Retirement System increased its position in Texas Instruments by 33.2% during the 4th quarter. California Public Employees Retirement System now owns 6,035,704 shares of the semiconductor company’s stock worth $1,028,846,000 after purchasing an additional 1,502,989 shares during the period. 84.99% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on TXN shares. Barclays decreased their price target on Texas Instruments from $160.00 to $150.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 24th. Oppenheimer reissued a “market perform” rating on shares of Texas Instruments in a research note on Wednesday. JPMorgan Chase & Co. boosted their price target on Texas Instruments from $180.00 to $195.00 and gave the stock an “overweight” rating in a research note on Wednesday. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $180.00 target price on shares of Texas Instruments in a research note on Wednesday. Finally, Susquehanna upped their target price on Texas Instruments from $200.00 to $205.00 and gave the company a “positive” rating in a research note on Wednesday. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, Texas Instruments currently has an average rating of “Hold” and a consensus price target of $181.79.

Insider Activity at Texas Instruments

In related news, Director Mark A. Blinn sold 1,744 shares of the business’s 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 sale, the director now owns 11,693 shares of the company’s stock, valued at approximately $1,869,126.05. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.68% of the stock is owned by company insiders.

Texas Instruments Stock Performance

TXN stock traded up $9.34 during mid-day trading on Wednesday, reaching $174.81. The company had a trading volume of 13,963,651 shares, compared to its average volume of 5,668,004. The stock has a market capitalization of $159.09 billion, a P/E ratio of 24.76, a P/E/G ratio of 3.52 and a beta of 1.04. The company has a quick ratio of 3.35, a current ratio of 4.55 and a debt-to-equity ratio of 0.63. Texas Instruments Incorporated has a one year low of $139.48 and a one year high of $188.12. The stock’s 50-day simple moving average is $168.32 and its two-hundred day simple moving average is $161.90.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Tuesday, April 23rd. The semiconductor company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.13. The firm had revenue of $3.66 billion during the quarter, compared to analyst estimates of $3.61 billion. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The business’s quarterly revenue was down 16.4% compared to the same quarter last year. During the same period last year, the company posted $1.85 EPS. Research analysts anticipate that Texas Instruments Incorporated will post 5.16 EPS for the current year.

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.