Texas Instruments Incorporated (NASDAQ:TXN) Shares Bought by Sound View Wealth Advisors Group LLC

Sound View Wealth Advisors Group LLC raised its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 0.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,284 shares of the semiconductor company’s stock after purchasing an additional 97 shares during the quarter. Sound View Wealth Advisors Group LLC’s holdings in Texas Instruments were worth $2,866,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in TXN. Cahill Financial Advisors Inc. increased its stake in Texas Instruments by 3.5% during the 3rd quarter. Cahill Financial Advisors Inc. now owns 1,443 shares of the semiconductor company’s stock worth $298,000 after buying an additional 49 shares during the period. KCM Investment Advisors LLC increased its stake in Texas Instruments by 1.4% during the 3rd quarter. KCM Investment Advisors LLC now owns 3,574 shares of the semiconductor company’s stock worth $738,000 after buying an additional 50 shares during the period. HF Advisory Group LLC increased its stake in Texas Instruments by 0.6% during the 4th quarter. HF Advisory Group LLC now owns 8,544 shares of the semiconductor company’s stock worth $1,602,000 after buying an additional 52 shares during the period. Bell Bank increased its position in shares of Texas Instruments by 3.4% in the 3rd quarter. Bell Bank now owns 1,602 shares of the semiconductor company’s stock worth $331,000 after purchasing an additional 53 shares during the last quarter. Finally, Blossom Wealth Management increased its position in shares of Texas Instruments by 5.1% in the 4th quarter. Blossom Wealth Management now owns 1,137 shares of the semiconductor company’s stock worth $213,000 after purchasing an additional 55 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on TXN shares. Rosenblatt Securities reissued a “buy” rating and issued a $250.00 target price on shares of Texas Instruments in a research report on Tuesday, January 21st. Cantor Fitzgerald reissued a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Truist Financial lowered their price objective 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. Mizuho lowered their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research report on Friday, January 24th. Finally, Barclays lowered their price objective on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $209.20.

Texas Instruments Stock Up 0.6 %

TXN stock opened at $190.52 on Friday. Texas Instruments Incorporated has a 52-week low of $159.11 and a 52-week high of $220.38. The company’s 50 day simple moving average is $189.62 and its 200-day simple moving average is $197.43. 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 firm has a market capitalization of $173.36 billion, a P/E ratio of 36.71, 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 last year, the company earned $1.49 EPS. As a group, equities research analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were paid a $1.36 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 annualized dividend and a yield of 2.86%. Texas Instruments’s dividend payout ratio is presently 104.82%.

Insider Buying and Selling at Texas Instruments

In related news, Director Janet F. Clark sold 6,065 shares of the company’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $203.62, for a total transaction 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 approximately $2,202,353.92. This represents a 35.93 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the company’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the sale, the chairman now directly owns 409,089 shares of the company’s stock, valued at approximately $82,930,522.08. This represents a 19.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 297,655 shares of company stock worth $59,841,304. 0.68% of the stock is currently owned by company 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.