Peachtree Investment Advisors Inc. increased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 5.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 26,629 shares of the semiconductor company’s stock after buying an additional 1,394 shares during the quarter. Texas Instruments accounts for approximately 1.9% of Peachtree Investment Advisors Inc.’s holdings, making the stock its 16th biggest holding. Peachtree Investment Advisors Inc.’s holdings in Texas Instruments were worth $2,516,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Morgan Stanley lifted its holdings in Texas Instruments by 12.1% during the third quarter. Morgan Stanley now owns 5,941,759 shares of the semiconductor company’s stock worth $637,490,000 after acquiring an additional 642,841 shares in the last quarter. Capital International Inc. CA lifted its holdings in shares of Texas Instruments by 112.3% in the third quarter. Capital International Inc. CA now owns 19,953 shares of the semiconductor company’s stock valued at $2,141,000 after purchasing an additional 10,553 shares in the last quarter. Bessemer Group Inc. lifted its holdings in shares of Texas Instruments by 1.1% in the third quarter. Bessemer Group Inc. now owns 2,221,245 shares of the semiconductor company’s stock valued at $238,317,000 after purchasing an additional 23,781 shares in the last quarter. DeDora Capital Inc. lifted its holdings in shares of Texas Instruments by 28.5% in the third quarter. DeDora Capital Inc. now owns 9,289 shares of the semiconductor company’s stock valued at $997,000 after purchasing an additional 2,063 shares in the last quarter. Finally, Lourd Capital LLC bought a new stake in shares of Texas Instruments in the third quarter valued at about $299,000. 84.65% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have recently commented on TXN. BidaskClub upgraded Texas Instruments from a “strong sell” rating to a “sell” rating in a report on Saturday, September 22nd. KeyCorp began coverage on Texas Instruments in a report on Tuesday, September 25th. They issued a “sector weight” rating on the stock. Zacks Investment Research lowered Texas Instruments from a “hold” rating to a “sell” rating in a report on Thursday, September 27th. Goldman Sachs Group upgraded Texas Instruments from a “sell” rating to a “neutral” rating in a report on Thursday, October 18th. Finally, Citigroup restated a “buy” rating on shares of Texas Instruments in a report on Wednesday, October 24th. One investment analyst has rated the stock with a sell rating, sixteen have issued a hold rating and fifteen have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $115.24.

TXN traded down $2.13 on Monday, hitting $96.46. 65,622 shares of the company were exchanged, compared to its average volume of 6,892,190. Texas Instruments Incorporated has a 12 month low of $87.70 and a 12 month high of $120.75. The firm has a market capitalization of $92.44 billion, a PE ratio of 22.61, a PEG ratio of 1.84 and a beta of 1.20. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.09 and a current ratio of 3.97.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Tuesday, October 23rd. The semiconductor company reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.05. Texas Instruments had a return on equity of 50.03% and a net margin of 29.62%. The business had revenue of $4.26 billion for the quarter, compared to analyst estimates of $4.30 billion. During the same quarter in the prior year, the company posted $1.26 earnings per share. Texas Instruments’s revenue was up 3.5% on a year-over-year basis. On average, research analysts forecast that Texas Instruments Incorporated will post 5.4 earnings per share for the current year.

Texas Instruments declared that its Board of Directors has authorized a share repurchase program on Thursday, September 20th that allows the company to buyback $12.00 billion in outstanding shares. This buyback authorization allows the semiconductor company to reacquire up to 11.2% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

In other Texas Instruments news, Director Martin S. Craighead purchased 10,900 shares of the stock in a transaction on Thursday, October 25th. The shares were purchased at an average price of $91.70 per share, with a total value of $999,530.00. Following the completion of the transaction, the director now directly owns 13,100 shares in the company, valued at $1,201,270. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Kyle M. Flessner sold 16,088 shares of the business’s stock in a transaction that occurred on Wednesday, October 31st. The stock was sold at an average price of $94.00, for a total value of $1,512,272.00. Following the transaction, the insider now directly owns 43,270 shares in the company, valued at approximately $4,067,380. The disclosure for this sale can be found here. Corporate insiders own 0.84% of the company’s stock.

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Texas Instruments Profile

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog segment offers power products to manage power requirements in various levels using battery management solutions, portable components, power supply controls, point-of-load products, switches and interfaces, integrated protection devices, high-voltage products, and mobile lighting and display products.

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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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