1,400 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Purchased by bLong Financial LLC

bLong Financial LLC acquired a new position in Texas Instruments Incorporated (NASDAQ:TXN) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 1,400 shares of the semiconductor company’s stock, valued at approximately $263,000.

Other institutional investors also recently bought and sold shares of the company. Legacy Capital Wealth Partners LLC boosted its holdings in shares of Texas Instruments by 6.6% during the 4th quarter. Legacy Capital Wealth Partners LLC now owns 4,202 shares of the semiconductor company’s stock worth $788,000 after purchasing an additional 260 shares during the last quarter. Congress Asset Management Co. acquired a new position in shares of Texas Instruments during the 4th quarter worth approximately $1,329,000. Roxbury Financial LLC acquired a new position in shares of Texas Instruments during the 4th quarter worth approximately $57,000. BXM Wealth LLC acquired a new position in shares of Texas Instruments during the 4th quarter worth approximately $717,000. Finally, PUREfi Wealth LLC acquired a new position in shares of Texas Instruments during the 4th quarter worth approximately $293,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Stock Up 1.2 %

Texas Instruments stock opened at $183.03 on Friday. Texas Instruments Incorporated has a twelve month low of $158.90 and a twelve month high of $220.38. The stock’s fifty day simple moving average is $188.18 and its 200-day simple moving average is $197.38. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $166.96 billion, a P/E ratio of 35.27, a P/E/G ratio of 2.95 and a beta of 0.97.

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 analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same quarter last year, the company earned $1.49 EPS. As a group, equities analysts expect that Texas Instruments Incorporated will post 5.38 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 104.82%.

Wall Street Analyst Weigh In

TXN has been the topic of several recent research reports. Susquehanna lowered their target price on Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a report on Monday, October 21st. Wells Fargo & Company lowered their target price on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Benchmark reaffirmed a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Finally, Barclays reduced their price target on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Texas Instruments currently has an average rating of “Hold” and a consensus target price of $209.20.

Insider Transactions at Texas Instruments

In related news, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the transaction, 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 sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Mark A. Blinn sold 590 shares of the business’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the transaction, the director now 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 position. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company’s stock.

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.