Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Financial Management Professionals Inc.

Financial Management Professionals Inc. raised its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN – Get Rating) by 10.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 2,965 shares of the semiconductor company’s stock after buying an additional 271 shares during the period. Financial Management Professionals Inc.’s holdings in Texas Instruments were worth $490,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. My Personal CFO LLC acquired a new position in shares of Texas Instruments in the 4th quarter valued at $31,000. Verity & Verity LLC increased its position in shares of Texas Instruments by 3.1% in the 4th quarter. Verity & Verity LLC now owns 64,260 shares of the semiconductor company’s stock valued at $10,617,000 after acquiring an additional 1,917 shares during the period. CFO4Life Group LLC increased its position in shares of Texas Instruments by 7.4% in the 4th quarter. CFO4Life Group LLC now owns 2,634 shares of the semiconductor company’s stock valued at $435,000 after acquiring an additional 181 shares during the period. McElhenny Sheffield Capital Management LLC acquired a new position in shares of Texas Instruments in the 4th quarter valued at $3,490,000. Finally, Arkadios Wealth Advisors increased its position in shares of Texas Instruments by 12.8% in the 4th quarter. Arkadios Wealth Advisors now owns 16,237 shares of the semiconductor company’s stock valued at $2,683,000 after acquiring an additional 1,844 shares during the period. 83.12% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently issued reports on TXN. Mizuho upped their target price on Texas Instruments from $159.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, January 25th. Truist Financial increased their price target on Texas Instruments from $177.00 to $180.00 and gave the stock a “hold” rating in a research report on Friday, February 3rd. Susquehanna increased their price target on Texas Instruments from $205.00 to $210.00 and gave the stock a “positive” rating in a research report on Friday, February 3rd. Deutsche Bank Aktiengesellschaft increased their price target on Texas Instruments from $155.00 to $158.00 in a research report on Wednesday, December 14th. Finally, Morgan Stanley increased their price target on Texas Instruments from $152.00 to $166.00 and gave the stock an “underweight” rating in a research report on Wednesday, January 25th. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $179.70.

Texas Instruments Price Performance

Texas Instruments stock traded down $1.42 during midday trading on Friday, reaching $175.71. The company had a trading volume of 12,963,340 shares, compared to its average volume of 4,398,245. The company has a market capitalization of $159.23 billion, a P/E ratio of 18.69, a P/E/G ratio of 2.52 and a beta of 1.04. The company has a debt-to-equity ratio of 0.56, a current ratio of 4.70 and a quick ratio of 3.77. Texas Instruments Incorporated has a 12-month low of $144.46 and a 12-month high of $191.34. The firm’s fifty day simple moving average is $175.62 and its 200-day simple moving average is $169.50.

Texas Instruments (NASDAQ:TXN – Get Rating) last released its quarterly earnings data on Tuesday, January 24th. The semiconductor company reported $2.13 EPS for the quarter, beating analysts’ consensus estimates of $1.96 by $0.17. The company had revenue of $4.67 billion during the quarter, compared to the consensus estimate of $4.64 billion. Texas Instruments had a net margin of 43.68% and a return on equity of 61.06%. Texas Instruments’s quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.27 EPS. As a group, equities analysts anticipate that Texas Instruments Incorporated will post 7.53 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 14th. Shareholders of record on Tuesday, January 31st were issued a $1.24 dividend. The ex-dividend date was Monday, January 30th. This represents a $4.96 dividend on an annualized basis and a yield of 2.82%. Texas Instruments’s payout ratio is 52.77%.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 3,068 shares of the stock in a transaction dated Friday, February 3rd. The shares were sold at an average price of $181.69, for a total value of $557,424.92. Following the completion of the sale, the director now owns 11,773 shares in the company, valued at approximately $2,139,036.37. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, Director Mark A. Blinn sold 3,068 shares of the firm’s stock in a transaction that occurred on Friday, February 3rd. The shares were sold at an average price of $181.69, for a total transaction of $557,424.92. Following the completion of the sale, the director now owns 11,773 shares in the company, valued at approximately $2,139,036.37. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Ahmad Bahai sold 1,200 shares of the firm’s stock in a transaction that occurred on Monday, February 13th. The stock was sold at an average price of $176.67, for a total transaction of $212,004.00. Following the sale, the vice president now owns 30,357 shares of the company’s stock, valued at approximately $5,363,171.19. The disclosure for this sale can be found here. 0.54% of the stock is owned by insiders.

Texas Instruments Profile

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Texas Instruments Incorporated engages in the design and manufacture of semiconductors. It operates through Analog and Embedded Processing segments. The Analog segment includes semiconductors change real-world signals, such as sound, temperature, pressure or images, by conditioning them, amplifying them and often converting them to a stream of digital data that can be processed by other semiconductors, such as embedded processors.