Sargent Investment Group LLC Takes Position in Texas Instruments Incorporated (NASDAQ:TXN)

Sargent Investment Group LLC bought a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 2,231 shares of the semiconductor company’s stock, valued at approximately $426,000.

Other institutional investors have also made changes to their positions in the company. MidAtlantic Capital Management Inc. acquired a new position in Texas Instruments in the third quarter valued at about $28,000. Financial Life Planners acquired a new position in Texas Instruments in the fourth quarter valued at about $26,000. Retirement Wealth Solutions LLC acquired a new position in Texas Instruments in the fourth quarter valued at about $27,000. Tsfg LLC boosted its position in Texas Instruments by 82.0% in the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 82 shares in the last quarter. Finally, Capital Performance Advisors LLP bought a new position in shares of Texas Instruments in the third quarter worth about $39,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on TXN shares. Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research note on Wednesday, October 23rd. Evercore ISI boosted their target price on shares of Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. Robert W. Baird dropped their target price on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Finally, Benchmark reaffirmed a “buy” rating and issued a $230.00 target price on shares of Texas Instruments in a research note 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. Based on data from MarketBeat, Texas Instruments has an average rating of “Hold” and an average price target of $209.20.

Texas Instruments Stock Up 0.6 %

Shares of NASDAQ:TXN opened at $181.59 on Thursday. Texas Instruments Incorporated has a 52 week low of $155.46 and a 52 week high of $220.38. 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 company has a market capitalization of $165.65 billion, a PE ratio of 34.99, a PEG ratio of 2.94 and a beta of 0.97. The company has a 50 day moving average price of $190.84 and a two-hundred day moving average price of $198.44.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share 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 previous year, the firm earned $1.49 earnings per share. Analysts forecast that Texas Instruments Incorporated will post 5.42 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be issued a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 3.00%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is presently 104.82%.

Insider Activity

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 value of $2,142,894.87. Following the completion of the sale, the director now owns 14,323 shares in the company, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 approximately $2,117,379.07. This represents 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.

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.