Rahlfs Capital LLC Invests $2.28 Million in Texas Instruments Incorporated (NASDAQ:TXN)

Rahlfs Capital LLC purchased a new stake in Texas Instruments Incorporated (NASDAQ:TXN) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 12,143 shares of the semiconductor company’s stock, valued at approximately $2,277,000. Texas Instruments accounts for approximately 2.1% of Rahlfs Capital LLC’s investment portfolio, making the stock its 11th biggest position.

A number of other institutional investors have also recently bought and sold shares of the stock. Promus Capital LLC acquired a new position in shares of Texas Instruments in the fourth quarter worth about $25,000. Financial Life Planners acquired a new stake in shares of Texas Instruments in the fourth quarter worth $26,000. Retirement Wealth Solutions LLC acquired a new position in Texas Instruments during the fourth quarter valued at $27,000. Summit Securities Group LLC acquired a new stake in Texas Instruments during the 4th quarter worth about $27,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in Texas Instruments during the 4th quarter valued at about $28,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Mizuho decreased their price target on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a report on Friday, January 24th. Rosenblatt Securities reissued a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a research note on Tuesday, January 21st. Barclays cut their price objective on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a report on Friday, January 24th. Wells Fargo & Company reduced their price objective on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Finally, Truist Financial dropped their target price on Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $209.20.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction that occurred on 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 sale, the director now owns 11,717 shares of the company’s stock, valued at approximately $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Janet F. Clark sold 6,065 shares of the company’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the completion of 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. In the last 90 days, insiders sold 297,655 shares of company stock worth $59,841,304. Insiders own 0.57% of the company’s stock.

Texas Instruments Stock Down 7.8 %

Shares of NASDAQ TXN opened at $151.39 on Friday. The stock has a market cap of $137.75 billion, a PE ratio of 29.17, a PEG ratio of 3.30 and a beta of 0.99. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The business has a fifty day moving average of $184.06 and a two-hundred day moving average of $193.71. Texas Instruments Incorporated has a 52-week low of $150.96 and a 52-week high of $220.39.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share 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 quarter last year, the business earned $1.49 earnings per share. As a group, equities research analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were issued a $1.36 dividend. The ex-dividend date was Friday, January 31st. This represents a $5.44 annualized dividend and a yield of 3.59%. Texas Instruments’s dividend payout ratio is currently 104.82%.

Texas Instruments Company 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.