Deane Retirement Strategies Inc. Boosts Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Deane Retirement Strategies Inc. boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 1.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,645 shares of the semiconductor company’s stock after acquiring an additional 237 shares during the period. Deane Retirement Strategies Inc.’s holdings in Texas Instruments were worth $2,934,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. MidAtlantic Capital Management Inc. purchased a new stake in Texas Instruments during the 3rd quarter valued at approximately $28,000. Retirement Wealth Solutions LLC acquired a new position in shares of Texas Instruments in the fourth quarter valued at approximately $27,000. Tsfg LLC raised its stake in shares of Texas Instruments by 82.0% during the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 82 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in shares of Texas Instruments during the third quarter worth $39,000. Finally, FSA Wealth Management LLC purchased a new position in Texas Instruments in the 3rd quarter valued at $41,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Stock Performance

Shares of TXN stock opened at $180.57 on Wednesday. The firm has a market capitalization of $164.72 billion, a price-to-earnings ratio of 33.56, a price-to-earnings-growth ratio of 3.84 and a beta of 0.98. The company has a 50 day moving average price of $192.97 and a 200 day moving average price of $199.34. Texas Instruments Incorporated has a one year low of $155.46 and a one year high of $220.38. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. During the same period last year, the company posted $1.49 EPS. Sell-side analysts anticipate that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is presently 101.12%.

Insider Activity at Texas Instruments

In other news, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following the transaction, the director now owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.68% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on TXN. Morgan Stanley raised their target price on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research note on Wednesday, October 23rd. Evercore ISI raised their price objective on shares of Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Truist Financial lowered their price objective on Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a report on Friday, January 24th. Rosenblatt Securities reissued a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a research note on Tuesday, January 21st. Finally, Susquehanna decreased their price target on Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research note on Monday, October 21st. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus 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.