Finer Wealth Management Inc. Increases Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Finer Wealth Management Inc. boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 4.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,810 shares of the semiconductor company’s stock after acquiring an additional 230 shares during the quarter. Finer Wealth Management Inc.’s holdings in Texas Instruments were worth $1,089,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of TXN. Promus Capital LLC purchased a new stake in Texas Instruments during the 4th quarter worth approximately $25,000. Financial Life Planners bought a new stake in shares of Texas Instruments in the fourth quarter worth $26,000. Retirement Wealth Solutions LLC acquired a new stake in Texas Instruments in the fourth quarter valued at $27,000. Summit Securities Group LLC bought a new position in Texas Instruments during the 4th quarter valued at $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in Texas Instruments during the 4th quarter worth $28,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on TXN shares. Barclays cut their target price on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research note on Friday, January 24th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. UBS Group dropped their price target on Texas Instruments from $250.00 to $225.00 and set a “buy” rating on the stock in a research report on Monday. Truist Financial decreased their price objective on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a report on Friday, January 24th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a report on Tuesday, January 21st. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $208.76.

Texas Instruments Trading Up 0.1 %

Texas Instruments stock opened at $151.18 on Wednesday. Texas Instruments Incorporated has a 12-month low of $139.95 and a 12-month high of $220.39. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The stock has a market capitalization of $137.56 billion, a PE ratio of 29.13, a price-to-earnings-growth ratio of 3.30 and a beta of 0.99. The firm has a 50 day simple moving average of $179.01 and a 200-day simple moving average of $190.56.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm posted $1.49 EPS. As a group, equities research analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 3.60%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio is presently 104.82%.

Insider Buying and Selling

In other news, Director Janet F. Clark sold 6,065 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were 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 directly owns 10,816 shares of the company’s stock, valued at $2,202,353.92. This represents a 35.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark A. Blinn sold 590 shares of Texas Instruments stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total transaction of $106,618.90. Following the sale, the director now directly owns 11,717 shares of the company’s stock, valued at $2,117,379.07. This trade represents a 4.79 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 297,655 shares of company stock worth $59,841,304. Corporate insiders own 0.57% of the company’s stock.

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.