Vest Financial LLC Has $4.53 Million Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Vest Financial LLC boosted its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 42.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,140 shares of the semiconductor company’s stock after buying an additional 7,196 shares during the quarter. Vest Financial LLC’s holdings in Texas Instruments were worth $4,526,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of TXN. Perpetual Ltd acquired a new stake in shares of Texas Instruments in the third quarter valued at about $791,000. San Luis Wealth Advisors LLC acquired a new stake in Texas Instruments in the 3rd quarter valued at approximately $217,000. LVW Advisors LLC increased its position in Texas Instruments by 10.9% in the 3rd quarter. LVW Advisors LLC now owns 1,340 shares of the semiconductor company’s stock worth $277,000 after buying an additional 132 shares during the period. Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in shares of Texas Instruments by 58.2% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 6,926 shares of the semiconductor company’s stock worth $1,431,000 after buying an additional 2,548 shares during the last quarter. Finally, Wynn Capital LLC boosted its position in shares of Texas Instruments by 5.9% in the third quarter. Wynn Capital LLC now owns 5,154 shares of the semiconductor company’s stock valued at $1,065,000 after acquiring an additional 285 shares during the period. 84.99% of the stock is currently owned by institutional investors.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction dated 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 completion of the transaction, the director now owns 14,323 shares in the company, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mark A. Blinn sold 590 shares of Texas Instruments 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 directly owns 11,717 shares in the company, 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. 0.68% of the stock is owned by corporate insiders.

Texas Instruments Stock Down 1.8 %

NASDAQ TXN opened at $180.00 on Friday. The stock has a market capitalization of $164.20 billion, a P/E ratio of 34.68, a price-to-earnings-growth ratio of 2.95 and a beta of 0.97. 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 stock has a fifty day moving average of $189.75 and a 200-day moving average of $198.04.

Texas Instruments (NASDAQ:TXN) last announced 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 return on equity of 28.08% and a net margin of 30.68%. During the same quarter in the previous year, the company posted $1.49 earnings per share. On average, equities research analysts forecast that Texas Instruments Incorporated will post 5.38 EPS for the current year.

Texas Instruments Dividend Announcement

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 paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is currently 104.82%.

Wall Street Analysts Forecast Growth

TXN has been the subject of several research analyst reports. Barclays cut their target price on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research note on Friday, January 24th. Mizuho decreased their target price on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research report on Friday, January 24th. Truist Financial cut their price target on Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a report on Friday, January 24th. Morgan Stanley lifted their price objective on Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a report on Wednesday, October 23rd. Finally, Robert W. Baird cut their target price on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $209.20.

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.