Texas Instruments Incorporated (NASDAQ:TXN) is Grunden Financial Advisory Inc.’s 9th Largest Position

Grunden Financial Advisory Inc. cut its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 0.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 35,210 shares of the semiconductor company’s stock after selling 58 shares during the period. Texas Instruments comprises approximately 3.2% of Grunden Financial Advisory Inc.’s investment portfolio, making the stock its 9th biggest holding. Grunden Financial Advisory Inc.’s holdings in Texas Instruments were worth $6,602,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Trust Point Inc. grew its stake in shares of Texas Instruments by 9.9% in the fourth quarter. Trust Point Inc. now owns 8,069 shares of the semiconductor company’s stock worth $1,513,000 after acquiring an additional 728 shares in the last quarter. Alliance Wealth Advisors LLC UT increased its stake in Texas Instruments by 1.4% in the fourth quarter. Alliance Wealth Advisors LLC UT now owns 15,219 shares of the semiconductor company’s stock valued at $2,854,000 after purchasing an additional 208 shares during the last quarter. Financial Life Planners acquired a new position in Texas Instruments in the fourth quarter valued at $26,000. Chicago Capital LLC grew its stake in Texas Instruments by 22.3% during the 4th quarter. Chicago Capital LLC now owns 10,009 shares of the semiconductor company’s stock worth $1,877,000 after buying an additional 1,823 shares during the last quarter. Finally, Willis Investment Counsel boosted its stake in shares of Texas Instruments by 0.4% during the fourth quarter. Willis Investment Counsel now owns 252,895 shares of the semiconductor company’s stock worth $47,420,000 after buying an additional 1,022 shares during the period. 84.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently commented on TXN. Rosenblatt Securities reiterated a “buy” rating and set a $250.00 price objective on shares of Texas Instruments in a research report on Tuesday, January 21st. Robert W. Baird decreased their price target 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. Bank of America lowered their target price on Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Morgan Stanley boosted their price target on shares of Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a report on Wednesday, October 23rd. Finally, Benchmark reiterated a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Two 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. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $209.20.

Texas Instruments Stock Performance

Shares of TXN opened at $180.94 on Tuesday. The company has a 50-day simple moving average of $191.69 and a two-hundred day simple moving average of $198.75. 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 current ratio of 4.12 and a quick ratio of 2.88. The firm has a market capitalization of $165.06 billion, a PE ratio of 34.86, a price-to-earnings-growth ratio of 2.94 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last issued its earnings results 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 in the prior year, the business earned $1.49 EPS. On average, analysts anticipate that Texas Instruments Incorporated will post 5.42 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be given a $1.36 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 3.01%. Texas Instruments’s dividend payout ratio (DPR) is presently 104.82%.

Insider Buying and Selling

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the 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 completion of the transaction, the director now owns 14,323 shares in the company, 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. 0.68% of the stock is 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.