Cascade Financial Partners LLC Buys 265 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Cascade Financial Partners LLC grew its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 3.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,340 shares of the semiconductor company’s stock after acquiring an additional 265 shares during the quarter. Cascade Financial Partners LLC’s holdings in Texas Instruments were worth $1,376,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Benchmark reiterated a “buy” rating and set a $230.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Barclays reduced their price objective on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research report on Friday, January 24th. Mizuho reduced their price objective on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research report on Friday, January 24th. Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $250.00 price objective on shares of Texas Instruments in a research report on Tuesday, January 21st. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and a consensus price target of $209.20.

Texas Instruments Trading Down 4.9 %

Shares of NASDAQ:TXN opened at $177.34 on Wednesday. Texas Instruments Incorporated has a 12-month low of $159.11 and a 12-month high of $220.38. The business’s fifty day simple moving average is $189.39 and its 200-day simple moving average is $197.00. The company has a market capitalization of $161.36 billion, a PE ratio of 34.17, a P/E/G ratio of 3.30 and a beta of 0.98. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating 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 period in the prior year, the firm posted $1.49 EPS. As a group, equities research analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were given a $1.36 dividend. The ex-dividend date was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.07%. Texas Instruments’s payout ratio is 104.82%.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of Texas Instruments stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the completion of the sale, the director now owns 10,816 shares of the company’s stock, valued at approximately $2,202,353.92. The trade was a 35.93 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $202.72, for a total value of $19,663,840.00. Following the sale, the chairman now directly owns 409,089 shares of the company’s stock, valued at approximately $82,930,522.08. This represents a 19.17 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 297,655 shares of company stock valued at $59,841,304 in the last quarter. 0.68% of the stock is currently owned by corporate 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.