Meeder Advisory Services Inc. Has $2.28 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Meeder Advisory Services Inc. raised its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.4% during the fourth quarter, Holdings Channel reports. The firm owned 12,137 shares of the semiconductor company’s stock after buying an additional 166 shares during the period. Meeder Advisory Services Inc.’s holdings in Texas Instruments were worth $2,276,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of TXN. OV Management LLC boosted its stake in Texas Instruments by 7.0% in the 4th quarter. OV Management LLC now owns 18,744 shares of the semiconductor company’s stock valued at $3,515,000 after buying an additional 1,219 shares in the last quarter. Trexquant Investment LP boosted its stake in shares of Texas Instruments by 59.7% in the 4th quarter. Trexquant Investment LP now owns 9,494 shares of the semiconductor company’s stock valued at $1,780,000 after purchasing an additional 3,549 shares in the last quarter. May Hill Capital LLC bought a new stake in shares of Texas Instruments in the 4th quarter worth about $667,000. Boston Family Office LLC increased its position in shares of Texas Instruments by 4.3% during the 4th quarter. Boston Family Office LLC now owns 2,138 shares of the semiconductor company’s stock worth $401,000 after purchasing an additional 88 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Texas Instruments by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 21,554,142 shares of the semiconductor company’s stock valued at $4,032,599,000 after purchasing an additional 267,352 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Stock Performance

TXN stock opened at $177.99 on Wednesday. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a twelve month low of $159.11 and a twelve month high of $220.39. The business’s fifty day moving average is $185.85 and its 200-day moving average is $194.36. The company has a market cap of $161.96 billion, a P/E ratio of 34.29, a price-to-earnings-growth ratio of 3.30 and a beta of 0.98.

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

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 104.82%.

Insider Buying and Selling at Texas Instruments

In related news, Chairman Richard K. Templeton sold 97,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $197.69, for a total value of $19,175,930.00. Following the completion of the transaction, the chairman now directly owns 409,089 shares in the company, valued at approximately $80,872,804.41. The trade was a 19.17 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the sale, the director now directly owns 11,717 shares of the company’s stock, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 297,655 shares of company stock valued at $59,841,304. Corporate insiders own 0.57% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on TXN shares. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 price objective on shares of Texas Instruments in a report on Tuesday, January 21st. Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Truist Financial reduced their price objective on Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research note on Friday, January 24th. Barclays lowered their target price on 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. Finally, Benchmark reiterated a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target 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.