Vise Technologies Inc. Acquires 2,555 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Vise Technologies Inc. increased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 34.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,896 shares of the semiconductor company’s stock after buying an additional 2,555 shares during the period. Vise Technologies Inc.’s holdings in Texas Instruments were worth $1,856,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Bartlett & CO. Wealth Management LLC increased its stake in Texas Instruments by 0.9% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 11,792 shares of the semiconductor company’s stock valued at $2,211,000 after purchasing an additional 100 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in Texas Instruments by 9.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 176,229 shares of the semiconductor company’s stock valued at $33,045,000 after purchasing an additional 15,573 shares in the last quarter. Independent Wealth Network Inc. increased its stake in Texas Instruments by 10.0% in the fourth quarter. Independent Wealth Network Inc. now owns 1,226 shares of the semiconductor company’s stock valued at $230,000 after purchasing an additional 111 shares in the last quarter. Red Door Wealth Management LLC increased its stake in Texas Instruments by 10.0% in the fourth quarter. Red Door Wealth Management LLC now owns 1,920 shares of the semiconductor company’s stock valued at $360,000 after purchasing an additional 174 shares in the last quarter. Finally, Veracity Capital LLC increased its stake in Texas Instruments by 8.1% in the fourth quarter. Veracity Capital LLC now owns 2,326 shares of the semiconductor company’s stock valued at $436,000 after purchasing an additional 174 shares in the last quarter. 84.99% of the stock is owned by institutional investors.

Texas Instruments Stock Performance

Shares of TXN opened at $176.30 on Friday. The firm has a 50-day moving average of $167.97 and a 200-day moving average of $183.87. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $220.39. The company has a market cap of $160.16 billion, a PE ratio of 33.97, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.22. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. The company had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter last year, the firm posted $1.10 EPS. The company’s quarterly revenue was up 11.1% on a year-over-year basis. As a group, equities analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were given a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.09%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 103.23%.

Wall Street Analysts Forecast Growth

TXN has been the topic of a number of research analyst reports. Barclays lowered shares of Texas Instruments from an “equal weight” rating to an “underweight” rating and dropped their price objective for the stock from $180.00 to $125.00 in a report on Tuesday, April 22nd. Seaport Res Ptn upgraded shares of Texas Instruments to a “strong sell” rating in a report on Wednesday, April 30th. Morgan Stanley restated an “underweight” rating and set a $148.00 price objective (up from $146.00) on shares of Texas Instruments in a report on Thursday, April 24th. Stifel Nicolaus dropped their price objective on shares of Texas Instruments from $200.00 to $160.00 and set a “hold” rating on the stock in a report on Thursday, April 17th. Finally, Citigroup dropped their price objective on shares of Texas Instruments from $235.00 to $210.00 and set a “buy” rating on the stock in a report on Friday, April 11th. Four equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Texas Instruments has an average rating of “Hold” and a consensus target price of $189.41.

Insider Activity

In other news, Chairman Richard K. Templeton sold 97,000 shares of the firm’s stock in a transaction dated Monday, February 24th. The shares were sold at an average price of $202.68, for a total transaction of $19,659,960.00. Following the completion of the sale, the chairman now owns 409,089 shares in the company, valued at approximately $82,914,158.52. This trade represents a 19.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Janet F. Clark sold 6,065 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the sale, the director now owns 10,816 shares of the company’s stock, valued at approximately $2,202,353.92. This represents a 35.93% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 200,065 shares of company stock valued at $40,070,845 in the last quarter. Company insiders own 0.57% 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.