Personal CFO Solutions LLC Purchases 276 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Personal CFO Solutions LLC increased its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 7.8% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 3,798 shares of the semiconductor company’s stock after buying an additional 276 shares during the quarter. Personal CFO Solutions LLC’s holdings in Texas Instruments were worth $712,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Promus Capital LLC bought a new stake in shares of Texas Instruments in the fourth quarter worth about $25,000. Financial Life Planners purchased a new position in Texas Instruments in the 4th quarter worth approximately $26,000. Retirement Wealth Solutions LLC bought a new position in Texas Instruments during the 4th quarter valued at about $27,000. MidAtlantic Capital Management Inc. purchased a new position in shares of Texas Instruments in the 3rd quarter worth $28,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Texas Instruments in the fourth quarter worth approximately $28,000. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Texas Instruments

In related news, Chairman Richard K. Templeton sold 97,000 shares of the firm’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $197.69, for a total transaction of $19,175,930.00. Following the completion of the transaction, the chairman now directly owns 409,089 shares of the company’s stock, valued at $80,872,804.41. This trade represents a 19.17 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the business’s stock in a transaction dated 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 transaction, the director now directly owns 11,717 shares in the company, valued at $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 297,655 shares of company stock worth $59,841,304. Corporate insiders own 0.68% of the company’s stock.

Wall Street Analyst Weigh In

TXN has been the subject of a number of research analyst reports. Mizuho cut their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a report on Friday, January 24th. Truist Financial decreased their price target on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research note on Friday, January 24th. Cantor Fitzgerald reissued a “neutral” rating and set a $200.00 price objective on shares of Texas Instruments in a report on Friday, January 24th. Benchmark reissued a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Finally, Wells Fargo & Company reduced their price objective 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. 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. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $209.20.

Texas Instruments Stock Performance

Shares of NASDAQ:TXN opened at $190.52 on Monday. The firm has a market cap of $173.36 billion, a PE ratio of 36.71, a price-to-earnings-growth ratio of 3.30 and a beta of 0.98. Texas Instruments Incorporated has a twelve month low of $159.11 and a twelve month 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 business has a fifty day moving average of $189.62 and a 200-day moving average of $197.35.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS 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. On average, equities research analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were given a $1.36 dividend. This represents a $5.44 annualized dividend and a dividend yield of 2.86%. The ex-dividend date was Friday, January 31st. Texas Instruments’s payout ratio is 104.82%.

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.