R Squared Ltd Buys Shares of 720 Texas Instruments Incorporated (NASDAQ:TXN)

R Squared Ltd bought a new position in shares of Texas Instruments Incorporated (NASDAQ:TXN) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 720 shares of the semiconductor company’s stock, valued at approximately $135,000.

A number of other institutional investors and hedge funds have also made changes to their positions in TXN. Cahill Financial Advisors Inc. grew its position in Texas Instruments by 3.5% during the third quarter. Cahill Financial Advisors Inc. now owns 1,443 shares of the semiconductor company’s stock worth $298,000 after buying an additional 49 shares during the period. KCM Investment Advisors LLC increased its stake in Texas Instruments by 1.4% in the 3rd quarter. KCM Investment Advisors LLC now owns 3,574 shares of the semiconductor company’s stock valued at $738,000 after purchasing an additional 50 shares in the last quarter. Lansing Street Advisors raised its holdings in Texas Instruments by 4.7% during the third quarter. Lansing Street Advisors now owns 1,127 shares of the semiconductor company’s stock worth $233,000 after purchasing an additional 51 shares during the last quarter. NorthCrest Asset Manangement LLC boosted its position in Texas Instruments by 1.1% during the third quarter. NorthCrest Asset Manangement LLC now owns 4,985 shares of the semiconductor company’s stock worth $1,030,000 after purchasing an additional 52 shares in the last quarter. Finally, ABLE Financial Group LLC grew its holdings in Texas Instruments by 2.9% in the third quarter. ABLE Financial Group LLC now owns 1,818 shares of the semiconductor company’s stock valued at $376,000 after purchasing an additional 52 shares during the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Texas Instruments

In other news, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the transaction, the director now directly owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.68% of the company’s stock.

Texas Instruments Stock Performance

Shares of NASDAQ:TXN opened at $180.27 on Thursday. The business has a 50-day moving average of $192.56 and a two-hundred day moving average of $199.19. The firm has a market capitalization of $164.45 billion, a PE ratio of 33.51, a P/E/G ratio of 3.84 and a beta of 0.98. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14. Texas Instruments Incorporated has a 12 month low of $155.46 and a 12 month high of $220.38.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. During the same quarter in the previous year, the business earned $1.49 EPS. As a group, research analysts forecast that Texas Instruments Incorporated will post 5.08 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be given a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 3.02%. The ex-dividend date is Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is presently 101.12%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Evercore ISI lifted their price target on Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 23rd. Truist Financial reduced their price target 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 dropped their price objective on shares of 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. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Finally, Summit Insights raised Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and an average price target of $209.20.

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.