CFC Planning Co LLC Makes New Investment in Texas Instruments Incorporated (NASDAQ:TXN)

CFC Planning Co LLC bought a new position in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 12,382 shares of the semiconductor company's stock, valued at approximately $2,322,000. Texas Instruments makes up approximately 2.5% of CFC Planning Co LLC's investment portfolio, making the stock its 19th biggest position.

A number of other large investors have also added to or reduced their stakes in TXN. Exchange Traded Concepts LLC raised its holdings in Texas Instruments by 18.8% in the third quarter. Exchange Traded Concepts LLC now owns 6,135 shares of the semiconductor company's stock worth $1,267,000 after purchasing an additional 973 shares in the last quarter. CX Institutional raised its holdings in Texas Instruments by 5.2% in the third quarter. CX Institutional now owns 3,481 shares of the semiconductor company's stock worth $719,000 after purchasing an additional 173 shares in the last quarter. Creative Planning increased its holdings in shares of Texas Instruments by 7.1% during the third quarter. Creative Planning now owns 211,018 shares of the semiconductor company's stock valued at $43,590,000 after acquiring an additional 13,972 shares in the last quarter. Jamison Private Wealth Management Inc. increased its holdings in shares of Texas Instruments by 881.1% during the third quarter. Jamison Private Wealth Management Inc. now owns 363 shares of the semiconductor company's stock valued at $75,000 after acquiring an additional 326 shares in the last quarter. Finally, Tsfg LLC increased its holdings in shares of Texas Instruments by 82.0% during the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company's stock valued at $38,000 after acquiring an additional 82 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors.

Insider Activity at Texas Instruments

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 value of $2,142,894.87. Following the completion of the transaction, the director now directly owns 14,323 shares of the company's stock, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark A. Blinn sold 590 shares of the stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the transaction, the director now directly owns 11,717 shares of the company's stock, valued at approximately $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 owned by corporate insiders.

Wall Street Analysts Forecast Growth

TXN has been the topic of several recent analyst reports. Rosenblatt Securities restated a "buy" rating and set a $250.00 price objective on shares of Texas Instruments in a report on Tuesday, January 21st. Robert W. Baird cut their price objective on shares of Texas Instruments from $200.00 to $175.00 and set a "neutral" rating on the stock in a report on Wednesday, October 23rd. Truist Financial cut their price objective on shares of Texas Instruments from $199.00 to $195.00 and set a "hold" rating on the stock in a report on Friday, January 24th. Wells Fargo & Company cut their price objective on shares of Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating on the stock in a report on Monday, January 13th. Finally, Morgan Stanley upped their target price on Texas Instruments from $154.00 to $167.00 and gave the company an "underweight" rating in a research report on Wednesday, October 23rd. 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. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $209.20.

Texas Instruments Stock Performance

Texas Instruments stock traded up $3.43 during mid-day trading on Tuesday, hitting $186.46. The company had a trading volume of 4,578,002 shares, compared to its average volume of 6,310,399. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a 12-month low of $159.11 and a 12-month high of $220.38. The company's fifty day moving average is $187.97 and its 200-day moving average is $197.24. The company has a market capitalization of $170.09 billion, a price-to-earnings ratio of 35.93, a P/E/G ratio of 2.95 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share 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 in the prior year, the business posted $1.49 earnings per share. Equities research analysts predict that Texas Instruments Incorporated will post 5.38 EPS for the current year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were paid a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 2.92%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments's dividend payout ratio is currently 104.82%.

Texas Instruments Company 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.