Texas Instruments Incorporated (NASDAQ:TXN) Position Raised by Boston Financial Mangement LLC

Boston Financial Mangement LLC increased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 10.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 5,390 shares of the semiconductor company’s stock after buying an additional 525 shares during the quarter. Boston Financial Mangement LLC’s holdings in Texas Instruments were worth $1,011,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Advyzon Investment Management LLC bought a new stake in Texas Instruments during the fourth quarter worth approximately $405,000. Handelsbanken Fonder AB raised its holdings in Texas Instruments by 12.1% during the fourth quarter. Handelsbanken Fonder AB now owns 407,808 shares of the semiconductor company’s stock worth $76,468,000 after purchasing an additional 44,144 shares in the last quarter. Mcdaniel Terry & Co. raised its holdings in Texas Instruments by 0.7% during the fourth quarter. Mcdaniel Terry & Co. now owns 85,286 shares of the semiconductor company’s stock worth $15,992,000 after purchasing an additional 551 shares in the last quarter. Jacobson & Schmitt Advisors LLC raised its holdings in Texas Instruments by 10.3% during the fourth quarter. Jacobson & Schmitt Advisors LLC now owns 51,533 shares of the semiconductor company’s stock worth $9,663,000 after purchasing an additional 4,810 shares in the last quarter. Finally, Abacus Planning Group Inc. raised its holdings in Texas Instruments by 4.7% during the fourth quarter. Abacus Planning Group Inc. now owns 1,841 shares of the semiconductor company’s stock worth $345,000 after purchasing an additional 83 shares in the last quarter. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $203.96 on Friday. The company’s fifty day moving average is $188.23 and its two-hundred day moving average is $197.27. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a 12-month low of $159.11 and a 12-month high of $220.38. The company has a market cap of $185.67 billion, a P/E ratio of 39.30, a price-to-earnings-growth ratio of 3.17 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (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 quarter in the prior year, the company posted $1.49 EPS. Equities analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share 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 paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.67%. The ex-dividend date was Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is presently 104.82%.

Wall Street Analysts Forecast Growth

TXN has been the topic of several recent analyst reports. Wells Fargo & Company dropped 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. Barclays dropped their price target on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a report on Friday, January 24th. Benchmark reaffirmed a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a report on Friday, January 24th. Truist Financial dropped their price target on Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a report on Friday, January 24th. Finally, Mizuho dropped their price target on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a report on Friday, January 24th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $209.20.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the 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 transaction, the director now directly owns 14,323 shares of the company’s stock, valued at $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Mark A. Blinn sold 590 shares of the 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 directly owns 11,717 shares in the company, valued at $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by company insiders.

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.