Deane Retirement Strategies Inc. Purchases 95 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Deane Retirement Strategies Inc. boosted its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 0.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 20,853 shares of the semiconductor company’s stock after purchasing an additional 95 shares during the quarter. Texas Instruments comprises 1.9% of Deane Retirement Strategies Inc.’s holdings, making the stock its 17th largest holding. Deane Retirement Strategies Inc.’s holdings in Texas Instruments were worth $3,555,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Norges Bank purchased a new position in shares of Texas Instruments in the 4th quarter worth approximately $1,548,365,000. Moneta Group Investment Advisors LLC increased its stake in Texas Instruments by 60,024.4% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 8,363,303 shares of the semiconductor company’s stock worth $1,381,785,000 after acquiring an additional 8,349,393 shares during the last quarter. Morgan Stanley grew its stake in Texas Instruments by 54.4% in the 4th quarter. Morgan Stanley now owns 14,735,331 shares of the semiconductor company’s stock worth $2,434,572,000 after buying an additional 5,191,426 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Texas Instruments by 13.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 14,638,302 shares of the semiconductor company’s stock worth $2,685,836,000 after purchasing an additional 1,779,273 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its position in Texas Instruments by 565.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,693,577 shares of the semiconductor company’s stock worth $288,687,000 after purchasing an additional 1,439,066 shares during the period. 84.99% of the stock is owned by institutional investors.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the business’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total transaction of $278,778.40. Following the transaction, the director now owns 11,693 shares in the company, valued at $1,869,126.05. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.68% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Susquehanna cut their price objective on Texas Instruments from $205.00 to $200.00 and set a “positive” rating on the stock in a research report on Wednesday, January 24th. Mizuho dropped their price objective on Texas Instruments from $170.00 to $164.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 24th. Cantor Fitzgerald reiterated a “neutral” rating and set a $170.00 target price on shares of Texas Instruments in a research note on Monday, March 4th. KeyCorp upped their price target on shares of Texas Instruments from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, January 24th. Finally, Truist Financial decreased their target price on Texas Instruments from $166.00 to $165.00 and set a “hold” rating on the stock in a report on Friday, February 9th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $173.89.

Texas Instruments Price Performance

Shares of TXN traded up $1.19 during mid-day trading on Thursday, reaching $174.06. 1,306,496 shares of the company’s stock were exchanged, compared to its average volume of 5,641,289. Texas Instruments Incorporated has a 52-week low of $139.48 and a 52-week high of $188.12. The company has a quick ratio of 3.35, a current ratio of 4.55 and a debt-to-equity ratio of 0.63. The company has a 50-day simple moving average of $166.42 and a two-hundred day simple moving average of $160.78. The company has a market cap of $158.41 billion, a price-to-earnings ratio of 24.47, a PEG ratio of 3.61 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.46 by $0.03. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The company had revenue of $4.08 billion during the quarter, compared to the consensus estimate of $4.12 billion. During the same period in the previous year, the firm posted $2.13 EPS. Texas Instruments’s revenue was down 12.7% on a year-over-year basis. On average, sell-side analysts predict that Texas Instruments Incorporated will post 5.16 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 13th. Stockholders of record on Wednesday, January 31st were paid a dividend of $1.30 per share. The ex-dividend date of this dividend was Tuesday, January 30th. This represents a $5.20 annualized dividend and a dividend yield of 2.99%. Texas Instruments’s dividend payout ratio is presently 73.65%.

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.