12,143 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Purchased by Rahlfs Capital LLC

Rahlfs Capital LLC acquired a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,143 shares of the semiconductor company's stock, valued at approximately $2,277,000. Texas Instruments accounts for about 2.1% of Rahlfs Capital LLC's holdings, making the stock its 11th largest holding.

Several other institutional investors have also recently bought and sold shares of TXN. Promus Capital LLC acquired a new position in shares of Texas Instruments during the 4th quarter worth approximately $25,000. Financial Life Planners acquired a new stake in Texas Instruments in the fourth quarter valued at $26,000. Retirement Wealth Solutions LLC acquired a new stake in Texas Instruments in the 4th quarter valued at about $27,000. Summit Securities Group LLC bought a new position in Texas Instruments during the fourth quarter worth about $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in Texas Instruments during the fourth quarter worth approximately $28,000. Institutional investors own 84.99% of the company's stock.

Insider Buying and Selling

In related news, Director Janet F. Clark sold 6,065 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the completion of the sale, the director now directly owns 10,816 shares of the company's stock, valued at approximately $2,202,353.92. This trade represents a 35.93 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $197.69, for a total value of $19,175,930.00. Following the sale, the chairman now owns 409,089 shares in the company, valued at $80,872,804.41. The trade was a 19.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 297,655 shares of company stock valued at $59,841,304. 0.57% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts have recently commented on TXN shares. Wells Fargo & Company reduced their target price on Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating for the company in a research note on Monday, January 13th. Mizuho dropped their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a "neutral" rating on the stock in a research report on Friday, January 24th. Benchmark reaffirmed a "buy" rating and set a $230.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Rosenblatt Securities restated a "buy" rating and set a $250.00 price objective on shares of Texas Instruments in a research report on Tuesday, January 21st. Finally, Truist Financial decreased their target price on Texas Instruments from $199.00 to $195.00 and set a "hold" rating on the stock in a research report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Texas Instruments currently has an average rating of "Hold" and an average target price of $209.20.

Texas Instruments Price Performance

NASDAQ:TXN traded down $14.49 during trading hours on Thursday, hitting $155.01. The company's stock had a trading volume of 7,118,562 shares, compared to its average volume of 5,973,628. The stock has a fifty day simple moving average of $181.41 and a 200-day simple moving average of $192.10. The company has a market capitalization of $141.04 billion, a P/E ratio of 29.95, a PEG ratio of 3.30 and a beta of 0.99. Texas Instruments Incorporated has a twelve month low of $143.31 and a twelve month high of $220.39. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data 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 net margin of 30.68% and a return on equity of 28.08%. During the same period in the previous year, the business earned $1.49 EPS. On average, analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were issued a dividend of $1.36 per share. The ex-dividend date was Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 3.51%. Texas Instruments's dividend payout ratio is currently 104.82%.

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.