Community Bank of Raymore Buys 690 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Community Bank of Raymore boosted its position in Texas Instruments Incorporated (NASDAQ:TXN) by 32.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,805 shares of the semiconductor company’s stock after buying an additional 690 shares during the period. Community Bank of Raymore’s holdings in Texas Instruments were worth $526,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Diversify Advisory Services LLC grew its holdings in shares of Texas Instruments by 20.1% during the fourth quarter. Diversify Advisory Services LLC now owns 4,149 shares of the semiconductor company’s stock valued at $789,000 after buying an additional 694 shares during the last quarter. Diversify Wealth Management LLC boosted its stake in Texas Instruments by 75.9% during the 4th quarter. Diversify Wealth Management LLC now owns 2,035 shares of the semiconductor company’s stock valued at $387,000 after purchasing an additional 878 shares during the last quarter. Eldred Rock Partners LLC increased its holdings in Texas Instruments by 0.3% during the 4th quarter. Eldred Rock Partners LLC now owns 46,881 shares of the semiconductor company’s stock worth $8,799,000 after purchasing an additional 121 shares in the last quarter. Annex Advisory Services LLC raised its stake in shares of Texas Instruments by 1.7% in the fourth quarter. Annex Advisory Services LLC now owns 7,190 shares of the semiconductor company’s stock worth $1,348,000 after purchasing an additional 123 shares during the last quarter. Finally, Grove Bank & Trust raised its stake in shares of Texas Instruments by 11.9% in the fourth quarter. Grove Bank & Trust now owns 9,222 shares of the semiconductor company’s stock worth $1,729,000 after purchasing an additional 984 shares during the last quarter. 84.99% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Truist Financial decreased their price target on Texas Instruments from $198.00 to $190.00 and set a “hold” rating for the company in a report on Wednesday, October 23rd. Summit Insights upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Robert W. Baird cut their price target on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Susquehanna decreased their price objective on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a research note on Monday, October 21st. Finally, Wells Fargo & Company cut their target price on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and an average target price of $210.45.

Texas Instruments Stock Up 2.7 %

Texas Instruments stock opened at $192.42 on Monday. The firm has a 50 day simple moving average of $194.79 and a 200 day simple moving average of $199.65. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74. Texas Instruments Incorporated has a 1-year low of $155.46 and a 1-year high of $220.38. The firm has a market capitalization of $175.53 billion, a price-to-earnings ratio of 35.77, a P/E/G ratio of 3.69 and a beta of 0.98.

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

Texas Instruments Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be given a dividend of $1.36 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.83%. Texas Instruments’s dividend payout ratio (DPR) is currently 101.12%.

Insider Transactions at Texas Instruments

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

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.