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

Meeder Advisory Services Inc. boosted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. 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.

Other hedge funds also recently bought and sold shares of the company. Fiduciary Alliance LLC lifted its position in shares of Texas Instruments by 25.3% in the 4th quarter. Fiduciary Alliance LLC now owns 36,801 shares of the semiconductor company’s stock valued at $6,901,000 after acquiring an additional 7,424 shares in the last quarter. Ameritas Advisory Services LLC raised its stake in Texas Instruments by 73.7% during the 4th quarter. Ameritas Advisory Services LLC now owns 8,739 shares of the semiconductor company’s stock valued at $1,639,000 after purchasing an additional 3,707 shares during the period. HB Wealth Management LLC raised its stake in Texas Instruments by 4.4% during the 4th quarter. HB Wealth Management LLC now owns 99,856 shares of the semiconductor company’s stock valued at $18,724,000 after purchasing an additional 4,238 shares during the period. Taika Capital LP purchased a new stake in shares of Texas Instruments in the third quarter valued at $4,394,000. Finally, Hamlin Capital Management LLC boosted its position in shares of Texas Instruments by 9.2% in the fourth quarter. Hamlin Capital Management LLC now owns 871,623 shares of the semiconductor company’s stock worth $163,438,000 after buying an additional 73,715 shares during the period. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Price Performance

NASDAQ TXN opened at $177.99 on Wednesday. Texas Instruments Incorporated has a 1 year low of $159.11 and a 1 year high of $220.39. The company has a fifty day simple moving average of $185.85 and a 200 day simple moving average of $194.36. 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 company has a market cap of $161.96 billion, a P/E ratio of 34.29, a P/E/G ratio of 3.30 and a beta of 0.98.

Texas Instruments (NASDAQ:TXN) last released 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 net margin of 30.68% and a return on equity of 28.08%. During the same quarter in the previous year, the business earned $1.49 earnings per share. On average, sell-side analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The firm 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. This represents a $5.44 annualized dividend 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%.

Analyst Upgrades and Downgrades

TXN has been the topic of several recent analyst reports. Benchmark reissued a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Wells Fargo & Company dropped their target price 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. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Truist Financial cut their target price on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research report on Friday, January 24th. Finally, Barclays decreased their target price on shares of 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. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Texas Instruments has a consensus rating of “Hold” and an average target price of $209.20.

Insider Transactions at Texas Instruments

In other news, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total transaction of $106,618.90. Following the completion of the transaction, the director now owns 11,717 shares of the company’s stock, valued at approximately $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments stock in a transaction dated 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 sale, the chairman now directly owns 409,089 shares in the company, valued at approximately $80,872,804.41. This trade represents a 19.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 297,655 shares of company stock worth $59,841,304 over the last three months. 0.57% of the stock is currently owned by insiders.

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.