World Investment Advisors LLC Acquires 4,266 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

World Investment Advisors LLC raised its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 156.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,993 shares of the semiconductor company’s stock after acquiring an additional 4,266 shares during the quarter. World Investment Advisors LLC’s holdings in Texas Instruments were worth $1,444,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Sanctuary Advisors LLC lifted its holdings in Texas Instruments by 12.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 170,670 shares of the semiconductor company’s stock worth $33,793,000 after purchasing an additional 19,284 shares in the last quarter. Pine Valley Investments Ltd Liability Co increased its position in shares of Texas Instruments by 1.1% during the third quarter. Pine Valley Investments Ltd Liability Co now owns 18,599 shares of the semiconductor company’s stock valued at $3,842,000 after buying an additional 197 shares during the period. Anchor Investment Management LLC lifted its holdings in shares of Texas Instruments by 25.7% in the third quarter. Anchor Investment Management LLC now owns 11,633 shares of the semiconductor company’s stock worth $2,403,000 after buying an additional 2,378 shares in the last quarter. Invst LLC bought a new position in shares of Texas Instruments in the third quarter valued at approximately $209,000. Finally, TCW Group Inc. grew its stake in Texas Instruments by 26.6% during the third quarter. TCW Group Inc. now owns 48,440 shares of the semiconductor company’s stock valued at $10,006,000 after acquiring an additional 10,189 shares in the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Trading Down 0.1 %

Shares of TXN stock opened at $191.59 on Friday. The business has a 50-day moving average of $202.13 and a 200 day moving average of $200.56. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14. Texas Instruments Incorporated has a 1-year low of $155.46 and a 1-year high of $220.38. The stock has a market capitalization of $174.77 billion, a PE ratio of 35.61, a P/E/G ratio of 4.19 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.09. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. The firm had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.12 billion. During the same quarter in the prior year, the firm posted $1.80 earnings per share. The business’s quarterly revenue was down 8.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.08 earnings per share for the current year.

Texas Instruments Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Thursday, October 31st were given a $1.36 dividend. This is a boost from Texas Instruments’s previous quarterly dividend of $1.30. The ex-dividend date was Thursday, October 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.84%. Texas Instruments’s payout ratio is presently 101.12%.

Analyst Ratings Changes

Several research firms have issued reports on TXN. Robert W. Baird lowered their target price on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a research report on Wednesday, October 23rd. Evercore ISI boosted their target price on Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. Rosenblatt Securities reaffirmed a “buy” rating and issued a $250.00 price target on shares of Texas Instruments in a report on Wednesday, October 23rd. Finally, Susquehanna cut their price objective on Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a report on Monday, October 21st. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $210.05.

Insider Activity

In other Texas Instruments news, Director Robert E. Sanchez sold 9,990 shares of the company’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $208.80, for a total value of $2,085,912.00. Following the completion of the transaction, the director now directly owns 20,461 shares in the company, valued at approximately $4,272,256.80. This represents a 32.81 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the sale, the director now directly owns 14,323 shares in the company, valued at $2,912,295.59. The trade was a 42.39 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.68% of the company’s stock.

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.