CFC Planning Co LLC Buys New Shares in Texas Instruments Incorporated (NASDAQ:TXN)

CFC Planning Co LLC purchased a new position in Texas Instruments Incorporated (NASDAQ:TXN) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 12,382 shares of the semiconductor company’s stock, valued at approximately $2,322,000. Texas Instruments comprises 2.5% of CFC Planning Co LLC’s investment portfolio, making the stock its 19th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. First Merchants Corp raised its stake in shares of Texas Instruments by 0.8% in the fourth quarter. First Merchants Corp now owns 39,739 shares of the semiconductor company’s stock valued at $7,451,000 after purchasing an additional 306 shares in the last quarter. Compagnie Lombard Odier SCmA raised its stake in shares of Texas Instruments by 0.4% in the 4th quarter. Compagnie Lombard Odier SCmA now owns 146,030 shares of the semiconductor company’s stock valued at $27,382,000 after buying an additional 593 shares in the last quarter. Asset Management One Co. Ltd. lifted its holdings in shares of Texas Instruments by 6.0% during the 4th quarter. Asset Management One Co. Ltd. now owns 376,138 shares of the semiconductor company’s stock worth $71,910,000 after acquiring an additional 21,261 shares during the period. Buckhead Capital Management LLC lifted its holdings in shares of Texas Instruments by 0.7% during the 4th quarter. Buckhead Capital Management LLC now owns 30,574 shares of the semiconductor company’s stock worth $5,733,000 after acquiring an additional 210 shares during the period. Finally, Life Planning Partners Inc bought a new stake in Texas Instruments in the fourth quarter valued at about $5,274,000. Institutional investors own 84.99% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Benchmark reissued a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Cantor Fitzgerald restated a “neutral” rating and set a $200.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Summit Insights upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Wells Fargo & Company lowered their target price 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. Finally, Robert W. Baird cut their price target on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Texas Instruments presently has a consensus rating of “Hold” and an average price target of $209.20.

Texas Instruments Stock Performance

Shares of NASDAQ:TXN opened at $180.80 on Friday. The firm’s 50 day simple moving average is $188.63 and its 200 day simple moving average is $197.63. Texas Instruments Incorporated has a fifty-two week low of $156.57 and a fifty-two week high of $220.38. The company has a market capitalization of $164.93 billion, a price-to-earnings ratio of 34.84, a P/E/G ratio of 2.95 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 issued its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating 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 in the prior year, the firm earned $1.49 earnings per share. As a group, sell-side analysts forecast that Texas Instruments Incorporated will post 5.38 earnings per share for the current year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 3.01%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s payout ratio is presently 104.82%.

Insiders Place Their Bets

In other news, Director Mark A. Blinn sold 590 shares of the stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total transaction of $106,618.90. Following the completion of the sale, the director now owns 11,717 shares of the company’s stock, valued at $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the sale, the director now owns 14,323 shares in the company, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate 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.