Atomi Financial Group Inc. Buys 496 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Atomi Financial Group Inc. boosted its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 13.6% in the 4th quarter, Holdings Channel reports. The firm owned 4,144 shares of the semiconductor company’s stock after acquiring an additional 496 shares during the quarter. Atomi Financial Group Inc.’s holdings in Texas Instruments were worth $777,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Fiduciary Alliance LLC lifted its stake in Texas Instruments by 25.3% in the 4th quarter. Fiduciary Alliance LLC now owns 36,801 shares of the semiconductor company’s stock worth $6,901,000 after purchasing an additional 7,424 shares in the last quarter. Townsquare Capital LLC raised its position in shares of Texas Instruments by 5.9% in the third quarter. Townsquare Capital LLC now owns 93,689 shares of the semiconductor company’s stock worth $19,353,000 after buying an additional 5,201 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Texas Instruments by 454.5% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,256,289 shares of the semiconductor company’s stock valued at $244,386,000 after buying an additional 1,029,741 shares during the period. HB Wealth Management LLC grew its position in Texas Instruments by 4.4% during the fourth quarter. HB Wealth Management LLC now owns 99,856 shares of the semiconductor company’s stock worth $18,724,000 after buying an additional 4,238 shares in the last quarter. Finally, Swiss National Bank boosted its position in shares of Texas Instruments by 0.3% during the 3rd quarter. Swiss National Bank now owns 2,702,500 shares of the semiconductor company’s stock valued at $558,255,000 after acquiring an additional 8,100 shares during the last quarter. 84.99% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Texas Instruments news, Director Robert E. Sanchez sold 9,990 shares of the stock in a transaction on Friday, October 25th. The stock was sold at an average price of $208.80, for a total value of $2,085,912.00. Following the completion of the transaction, the director now owns 20,461 shares in the company, valued at approximately $4,272,256.80. This represents a 32.81 % 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 Ronald Kirk sold 10,539 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the sale, the director now owns 14,323 shares in the company, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on TXN shares. Rosenblatt Securities restated a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a research report on Tuesday. Morgan Stanley lifted their price objective on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a report on Wednesday, October 23rd. Truist Financial reduced their target price on Texas Instruments from $198.00 to $190.00 and set a “hold” rating on the stock in a research note on Wednesday, October 23rd. Bank of America dropped their price target 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. Finally, Robert W. Baird reduced their price objective on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Two investment 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $210.45.

Texas Instruments Trading Up 0.9 %

NASDAQ TXN opened at $197.05 on Thursday. The stock has a market cap of $179.75 billion, a P/E ratio of 36.63, a price-to-earnings-growth ratio of 3.74 and a beta of 0.98. Texas Instruments Incorporated has a fifty-two week low of $155.46 and a fifty-two week high of $220.38. The stock has a 50 day simple moving average of $193.97 and a two-hundred day simple moving average of $199.58. 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 released its quarterly earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.09. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The business had revenue of $4.15 billion for the quarter, compared to analysts’ expectations of $4.12 billion. During the same quarter in the previous year, the business posted $1.80 earnings per share. The firm’s revenue for the quarter was down 8.4% compared to the same quarter last year. On average, analysts forecast that Texas Instruments Incorporated will post 5.08 earnings per share for the current year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date is Friday, January 31st. Texas Instruments’s payout ratio is currently 101.12%.

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.