Texas Instruments Incorporated (NASDAQ:TXN) Shares Bought by Benedict Financial Advisors Inc.

Benedict Financial Advisors Inc. increased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 2.1% in the fourth quarter, Holdings Channel reports. The firm owned 13,633 shares of the semiconductor company’s stock after buying an additional 275 shares during the period. Benedict Financial Advisors Inc.’s holdings in Texas Instruments were worth $2,556,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. WestEnd Advisors LLC boosted its position in shares of Texas Instruments by 4,039,300.0% during the fourth quarter. WestEnd Advisors LLC now owns 161,576 shares of the semiconductor company’s stock worth $30,297,000 after buying an additional 161,572 shares during the period. WCM Investment Management LLC lifted its stake in Texas Instruments by 150.5% during the 4th quarter. WCM Investment Management LLC now owns 27,147 shares of the semiconductor company’s stock worth $5,103,000 after acquiring an additional 16,311 shares in the last quarter. Moloney Securities Asset Management LLC boosted its holdings in Texas Instruments by 1.6% during the 4th quarter. Moloney Securities Asset Management LLC now owns 15,020 shares of the semiconductor company’s stock valued at $2,816,000 after acquiring an additional 240 shares during the period. Wilmington Savings Fund Society FSB grew its position in Texas Instruments by 16.6% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 53,578 shares of the semiconductor company’s stock valued at $10,046,000 after acquiring an additional 7,609 shares in the last quarter. Finally, Kingsview Wealth Management LLC increased its stake in Texas Instruments by 3.7% during the fourth quarter. Kingsview Wealth Management LLC now owns 69,356 shares of the semiconductor company’s stock worth $13,005,000 after purchasing an additional 2,466 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on TXN. Barclays dropped 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 report on Friday, January 24th. Mizuho dropped their price target on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research note on Friday, January 24th. Susquehanna decreased their target price on Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a report on Monday, October 21st. Cantor Fitzgerald restated a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a report on Friday, January 24th. Finally, Summit Insights upgraded Texas Instruments from a “hold” rating to a “buy” rating in a research note on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $209.20.

Texas Instruments Stock Down 1.8 %

TXN opened at $180.00 on Friday. Texas Instruments Incorporated has a one year low of $155.46 and a one year high of $220.38. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The stock has a market capitalization of $164.20 billion, a P/E ratio of 34.68, a price-to-earnings-growth ratio of 2.95 and a beta of 0.97. The business’s 50-day simple moving average is $189.75 and its 200-day simple moving average is $198.04.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping 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 last year, the business earned $1.49 EPS. Analysts anticipate that Texas Instruments Incorporated will post 5.38 EPS for the current year.

Texas Instruments Announces Dividend

The firm 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 dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 104.82%.

Insiders Place Their Bets

In related news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the sale, the director now directly owns 14,323 shares of the company’s stock, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Mark A. Blinn sold 590 shares of the business’s 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 completion of the transaction, the director now directly 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. 0.68% of the stock is currently owned by insiders.

Texas Instruments 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.