Stenger Family Office LLC Buys New Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Stenger Family Office LLC acquired a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 7,278 shares of the semiconductor company's stock, valued at approximately $1,365,000.

Other large investors have also recently made changes to their positions in the company. Promus Capital LLC acquired a new stake in shares of Texas Instruments during the 4th quarter valued at about $25,000. Financial Life Planners purchased a new position in Texas Instruments during the fourth quarter worth approximately $26,000. Retirement Wealth Solutions LLC acquired a new stake in Texas Instruments in the fourth quarter valued at approximately $27,000. Summit Securities Group LLC purchased a new stake in shares of Texas Instruments in the fourth quarter valued at approximately $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Texas Instruments during the 4th quarter worth approximately $28,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on TXN shares. Baird R W raised shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a report on Monday, April 7th. Robert W. Baird raised shares of Texas Instruments from a "neutral" rating to an "outperform" rating and set a $175.00 target price for the company in a research note on Monday, April 7th. Citigroup decreased their price target on shares of Texas Instruments from $235.00 to $210.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. Cantor Fitzgerald reiterated a "neutral" rating and set a $200.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Finally, Barclays reduced their target price on Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating for the company in a report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $206.86.

Insider Buying and Selling at Texas Instruments

In other news, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments stock in a transaction on Friday, February 21st. The shares were sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the completion of the sale, the chairman now directly owns 409,089 shares of the company's stock, valued at approximately $82,930,522.08. The trade was a 19.17 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Janet F. Clark sold 6,065 shares of Texas Instruments stock in a transaction dated Monday, February 24th. The stock was 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 trade represents a 35.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 297,655 shares of company stock valued at $59,841,304 in the last three months. 0.57% of the stock is owned by corporate insiders.

Texas Instruments Trading Up 1.2 %

Shares of Texas Instruments stock traded up $1.79 during trading hours on Friday, hitting $148.34. The company's stock had a trading volume of 5,690,642 shares, compared to its average volume of 6,140,707. The stock has a market cap of $134.97 billion, a price-to-earnings ratio of 28.58, a P/E/G ratio of 3.30 and a beta of 0.99. Texas Instruments Incorporated has a twelve month low of $139.95 and a twelve month high of $220.39. The firm has a fifty day moving average of $177.08 and a 200-day moving average of $189.48. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted 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 net margin of 30.68% and a return on equity of 28.08%. During the same quarter in the previous year, the company posted $1.49 earnings per share. Research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th will be paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 3.67%. Texas Instruments's payout ratio is 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.