Texas Instruments Incorporated (NASDAQ:TXN) Stock Position Raised by Monte Financial Group LLC

Monte Financial Group LLC boosted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 33,167 shares of the semiconductor company’s stock after acquiring an additional 575 shares during the quarter. Texas Instruments accounts for 2.7% of Monte Financial Group LLC’s portfolio, making the stock its 9th biggest holding. Monte Financial Group LLC’s holdings in Texas Instruments were worth $6,219,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of TXN. Cahill Financial Advisors Inc. lifted its position in Texas Instruments by 3.5% during the third quarter. Cahill Financial Advisors Inc. now owns 1,443 shares of the semiconductor company’s stock valued at $298,000 after purchasing an additional 49 shares in the last quarter. KCM Investment Advisors LLC raised its stake in shares of Texas Instruments by 1.4% in the third 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. Lansing Street Advisors lifted its position in shares of Texas Instruments by 4.7% during the 3rd quarter. Lansing Street Advisors now owns 1,127 shares of the semiconductor company’s stock valued at $233,000 after buying an additional 51 shares in the last quarter. NorthCrest Asset Manangement LLC grew its stake in shares of Texas Instruments by 1.1% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 4,985 shares of the semiconductor company’s stock valued at $1,030,000 after acquiring an additional 52 shares during the period. Finally, ABLE Financial Group LLC grew its stake in shares of Texas Instruments by 2.9% during the 3rd quarter. ABLE Financial Group LLC now owns 1,818 shares of the semiconductor company’s stock valued at $376,000 after acquiring an additional 52 shares during the period. Institutional investors own 84.99% of the company’s stock.

Insider Buying and Selling

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction dated 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 transaction, the director now owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.68% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on TXN shares. Susquehanna lowered their price target on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a report on Monday, October 21st. Evercore ISI lifted their target price on shares of Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Benchmark reiterated a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a research note on Friday. Bank of America decreased their price target on Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Finally, Robert W. Baird dropped their price objective on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company 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 given a buy rating to the company’s stock. According to MarketBeat, Texas Instruments presently has a consensus rating of “Hold” and an average price target of $209.20.

Texas Instruments Trading Down 7.5 %

TXN opened at $185.52 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 0.74, a quick ratio of 3.14 and a current ratio of 4.31. The stock has a market cap of $169.24 billion, a price-to-earnings ratio of 34.48, a P/E/G ratio of 3.84 and a beta of 0.98. The stock’s 50 day moving average price is $193.38 and its 200-day moving average price is $199.46.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. During the same period last year, the business earned $1.49 EPS. On average, equities analysts forecast that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 2.93%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio is presently 101.12%.

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.