Zinnia Wealth Advisory LLC purchased a new stake in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,690 shares of the semiconductor company’s stock, valued at approximately $293,000.
A number of other hedge funds also recently made changes to their positions in the business. High Point Wealth Management LLC acquired a new stake in Texas Instruments in the 4th quarter valued at approximately $25,000. Strategic Wealth Investment Group LLC acquired a new position in Texas Instruments during the 2nd quarter worth $25,000. Advocate Investing Services LLC bought a new position in shares of Texas Instruments in the fourth quarter worth $25,000. Ares Financial Consulting LLC bought a new position in shares of Texas Instruments in the fourth quarter worth $26,000. Finally, Cornerstone Financial Management LLC acquired a new position in shares of Texas Instruments during the fourth quarter valued at $27,000. Institutional investors own 84.99% of the company’s stock.
Texas Instruments Price Performance
Shares of Texas Instruments stock opened at $301.12 on Monday. Texas Instruments Incorporated has a 52 week low of $152.73 and a 52 week high of $331.51. The company has a current ratio of 4.46, a quick ratio of 2.94 and a debt-to-equity ratio of 0.77. The stock has a market cap of $274.05 billion, a PE ratio of 51.56, a price-to-earnings-growth ratio of 1.51 and a beta of 1.32. The company’s 50-day moving average price is $271.64 and its two-hundred day moving average price is $221.60.
Texas Instruments Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 19th. Investors of record on Tuesday, May 5th were issued a dividend of $1.42 per share. This represents a $5.68 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Tuesday, May 5th. Texas Instruments’s dividend payout ratio (DPR) is presently 97.26%.
Insider Transactions at Texas Instruments
In other Texas Instruments news, VP Amichai Ron sold 18,365 shares of the company’s stock in a transaction on Friday, April 24th. The stock was sold at an average price of $272.43, for a total value of $5,003,176.95. Following the transaction, the vice president owned 81,085 shares of the company’s stock, valued at approximately $22,089,986.55. This represents a 18.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Rafael R. Lizardi sold 47,734 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $308.10, for a total value of $14,706,845.40. Following the sale, the chief financial officer owned 85,485 shares of the company’s stock, valued at $26,337,928.50. This trade represents a 35.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 303,475 shares of company stock valued at $85,666,638 in the last 90 days. 0.60% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
TXN has been the topic of a number of recent analyst reports. Rosenblatt Securities lifted their price objective on shares of Texas Instruments from $240.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. The Goldman Sachs Group raised their target price on shares of Texas Instruments from $175.00 to $200.00 and gave the company a “sell” rating in a research note on Thursday, April 23rd. JPMorgan Chase & Co. boosted their price target on shares of Texas Instruments from $227.00 to $280.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. HC Wainwright lowered shares of Texas Instruments to a “neutral” rating in a research note on Friday, May 22nd. Finally, Bank of America raised their price objective on shares of Texas Instruments from $320.00 to $370.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, Texas Instruments has a consensus rating of “Hold” and an average target price of $267.11.
View Our Latest Research Report on Texas Instruments
About Texas Instruments
Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.
TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.
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