Stonebridge Financial Group LLC Makes New Investment in Texas Instruments Incorporated (NASDAQ:TXN)

Stonebridge Financial Group LLC purchased a new stake in Texas Instruments Incorporated (NASDAQ:TXN) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 514 shares of the semiconductor company’s stock, valued at approximately $96,000.

A number of other institutional investors have also made changes to their positions in TXN. Financial Life Planners acquired a new stake in Texas Instruments in the 4th quarter valued at approximately $26,000. Retirement Wealth Solutions LLC bought a new stake in shares of Texas Instruments in the fourth quarter valued at approximately $27,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of Texas Instruments in the third quarter worth $28,000. Tsfg LLC increased its position in 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 acquiring an additional 82 shares during the period. Finally, Capital Performance Advisors LLP acquired a new position in Texas Instruments during the 3rd quarter valued at $39,000. 84.99% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on TXN shares. Morgan Stanley raised their price target on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 23rd. Benchmark reissued a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Summit Insights raised Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Barclays decreased their price objective on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a report on Friday, January 24th. Finally, Bank of America cut their target price on Texas Instruments from $220.00 to $215.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and an average target price of $209.20.

Texas Instruments Stock Up 0.4 %

Shares of TXN opened at $179.99 on Thursday. The company has a market capitalization of $164.19 billion, a P/E ratio of 34.68, a PEG ratio of 2.95 and a beta of 0.97. Texas Instruments Incorporated has a one year low of $155.46 and a one year high of $220.38. The business’s 50 day simple moving average is $188.96 and its 200-day simple moving average is $197.75. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping analysts’ consensus estimates 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 period last year, the company earned $1.49 EPS. As a group, sell-side analysts predict that Texas Instruments Incorporated will post 5.38 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio is presently 104.82%.

Insiders Place Their Bets

In related news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction that occurred 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 directly owns 14,323 shares in the company, valued at $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Mark A. Blinn sold 590 shares of the firm’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the transaction, the director now owns 11,717 shares in the company, valued at $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.68% 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.