SBI Securities Co. Ltd. Purchases New Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

SBI Securities Co. Ltd. bought a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,835 shares of the semiconductor company's stock, valued at approximately $2,594,000.

Several other institutional investors also recently bought and sold shares of the stock. MidAtlantic Capital Management Inc. bought a new stake in Texas Instruments in the third quarter worth $28,000. Financial Life Planners bought a new position in shares of Texas Instruments in the 4th quarter valued at about $26,000. Retirement Wealth Solutions LLC purchased a new position in Texas Instruments in the fourth quarter worth about $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Texas Instruments during the fourth quarter valued at approximately $28,000. Finally, Capital Performance Advisors LLP bought a new stake in shares of Texas Instruments in the 3rd quarter valued at approximately $39,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Stock Up 0.4 %

Texas Instruments stock traded up $0.73 during mid-day trading on Wednesday, reaching $195.57. 5,483,347 shares of the company were exchanged, compared to its average volume of 6,592,863. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The firm has a market cap of $178.03 billion, a P/E ratio of 37.68, a PEG ratio of 3.30 and a beta of 0.97. The business has a fifty day moving average of $189.69 and a 200 day moving average of $197.59. Texas Instruments Incorporated has a 12-month low of $159.11 and a 12-month high of $220.38.

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 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 quarter in the previous year, the company posted $1.49 earnings per share. Research analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were issued a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 2.78%. The ex-dividend date was Friday, January 31st. Texas Instruments's dividend payout ratio is currently 104.82%.

Insider Activity

In other news, Director Janet F. Clark sold 6,065 shares of the company's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $203.62, for a total value of $1,234,955.30. Following the sale, the director now directly owns 10,816 shares of the company's stock, valued at $2,202,353.92. This represents a 35.93 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark A. Blinn sold 590 shares of the company's stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total transaction of $106,618.90. Following the completion of the sale, the director now directly owns 11,717 shares in the company, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 297,655 shares of company stock worth $59,841,304. Insiders own 0.68% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TXN. Barclays decreased their price target on Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating on the stock in a report on Friday, January 24th. Wells Fargo & Company reduced their target price on shares of Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating on the stock in a research note on Monday, January 13th. Cantor Fitzgerald reaffirmed a "neutral" rating and set a $200.00 price target on shares of Texas Instruments in a research note on Friday, January 24th. Benchmark reissued a "buy" rating and issued a $230.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Finally, Truist Financial dropped their target price on Texas Instruments from $199.00 to $195.00 and set a "hold" rating for the company in a research report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $209.20.

About Texas Instruments

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.