Texas Instruments Incorporated (NASDAQ:TXN) Stock Holdings Increased by Larson Financial Group LLC

Larson Financial Group LLC raised its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 135.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,691 shares of the semiconductor company’s stock after acquiring an additional 5,004 shares during the period. Larson Financial Group LLC’s holdings in Texas Instruments were worth $1,630,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Howard Capital Management Group LLC acquired a new position in shares of Texas Instruments during the 3rd quarter valued at $202,000. Consolidated Planning Corp increased its position in shares of Texas Instruments by 44.9% during the 3rd quarter. Consolidated Planning Corp now owns 1,819 shares of the semiconductor company’s stock valued at $376,000 after purchasing an additional 564 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of Texas Instruments during the 3rd quarter valued at $39,000. Hollencrest Capital Management increased its position in shares of Texas Instruments by 15.1% during the 3rd quarter. Hollencrest Capital Management now owns 2,510 shares of the semiconductor company’s stock valued at $518,000 after purchasing an additional 329 shares during the period. Finally, Fiera Capital Corp increased its position in shares of Texas Instruments by 12.5% during the 3rd quarter. Fiera Capital Corp now owns 18,975 shares of the semiconductor company’s stock valued at $3,920,000 after purchasing an additional 2,112 shares during the period. Institutional investors own 84.99% of the company’s stock.

Insiders Place Their Bets

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $203.62, for a total value 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 $2,202,353.92. The trade was a 35.93 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the business’s 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 completion of the sale, the chairman now directly owns 409,089 shares of the company’s stock, valued at $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 over the last quarter. Insiders own 0.68% of the company’s stock.

Texas Instruments Price Performance

TXN opened at $190.52 on Friday. The stock has a market cap of $173.36 billion, a price-to-earnings ratio of 36.71, a PEG ratio of 3.30 and a beta of 0.98. Texas Instruments Incorporated has a 1 year low of $159.11 and a 1 year high of $220.38. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The stock has a fifty day moving average price of $189.62 and a 200 day moving average price of $197.43.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share 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 period in the previous year, the company earned $1.49 earnings per share. Analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Announces Dividend

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

Analysts Set New Price Targets

TXN has been the topic of several research analyst reports. Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Benchmark restated a “buy” rating and issued a $230.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Truist Financial decreased their target price on Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a report on Friday, January 24th. Wells Fargo & Company lowered their price target 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. Finally, Barclays lowered 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. Two research 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.com, Texas Instruments has a consensus rating of “Hold” and an average target price of $209.20.

Texas Instruments Company 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.