Transamerica Financial Advisors Inc. Buys 278 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Transamerica Financial Advisors Inc. boosted its position in Texas Instruments Incorporated (NASDAQ:TXN) by 5.8% during the fourth quarter, Holdings Channel reports. The fund owned 5,032 shares of the semiconductor company’s stock after acquiring an additional 278 shares during the period. Transamerica Financial Advisors Inc.’s holdings in Texas Instruments were worth $944,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. HF Advisory Group LLC grew its holdings in shares of Texas Instruments by 0.6% during the 4th quarter. HF Advisory Group LLC now owns 8,544 shares of the semiconductor company’s stock valued at $1,602,000 after purchasing an additional 52 shares during the last quarter. Blossom Wealth Management lifted its stake in Texas Instruments by 5.1% in the fourth quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company’s stock worth $213,000 after purchasing an additional 55 shares during the last quarter. OLD Second National Bank of Aurora boosted its position in Texas Instruments by 11.1% during the fourth quarter. OLD Second National Bank of Aurora now owns 572 shares of the semiconductor company’s stock valued at $107,000 after buying an additional 57 shares during the period. Avitas Wealth Management LLC grew its stake in shares of Texas Instruments by 0.5% during the fourth quarter. Avitas Wealth Management LLC now owns 10,835 shares of the semiconductor company’s stock valued at $2,032,000 after buying an additional 59 shares during the last quarter. Finally, Augustine Asset Management Inc. increased its holdings in shares of Texas Instruments by 5.2% in the fourth quarter. Augustine Asset Management Inc. now owns 1,204 shares of the semiconductor company’s stock worth $226,000 after buying an additional 60 shares during the period. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

Shares of TXN stock opened at $176.33 on Friday. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The stock has a market cap of $160.45 billion, a price-to-earnings ratio of 33.97, a PEG ratio of 3.30 and a beta of 0.98. The business’s fifty day moving average is $186.45 and its 200 day moving average is $194.68. Texas Instruments Incorporated has a twelve month low of $159.11 and a twelve month high of $220.39.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same period last year, the business posted $1.49 earnings per share. Research analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were given a $1.36 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.09%. Texas Instruments’s dividend payout ratio is currently 104.82%.

Insider Buying and Selling

In other Texas Instruments news, Director Mark A. Blinn sold 590 shares of Texas Instruments stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the transaction, the director now directly owns 11,717 shares of the company’s stock, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Richard K. Templeton sold 97,000 shares of the stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the sale, the chairman now owns 409,089 shares in the company, valued at approximately $82,930,522.08. The trade was a 19.17 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 297,655 shares of company stock worth $59,841,304 in the last 90 days. Insiders own 0.57% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on TXN shares. Rosenblatt Securities restated a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a report on Tuesday, January 21st. Wells Fargo & Company dropped their price objective on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Truist Financial decreased their target price on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research note on Friday, January 24th. Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a report on Friday, January 24th. Finally, Benchmark reissued a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $209.20.

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.