Physicians Financial Services Inc. Boosts Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Physicians Financial Services Inc. raised its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 6.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 7,099 shares of the semiconductor company’s stock after acquiring an additional 400 shares during the period. Physicians Financial Services Inc.’s holdings in Texas Instruments were worth $1,331,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of TXN. Cahill Financial Advisors Inc. lifted 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 valued at $298,000 after purchasing an additional 49 shares during the last quarter. KCM Investment Advisors LLC increased its position in Texas Instruments by 1.4% during 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 during the period. Lansing Street Advisors increased its position in Texas Instruments by 4.7% during the 3rd quarter. Lansing Street Advisors now owns 1,127 shares of the semiconductor company’s stock valued at $233,000 after purchasing an additional 51 shares during the period. NorthCrest Asset Manangement LLC increased its position in Texas Instruments by 1.1% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 4,985 shares of the semiconductor company’s stock valued at $1,030,000 after purchasing an additional 52 shares during the period. Finally, ABLE Financial Group LLC increased its position in Texas Instruments by 2.9% during the 3rd 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 period. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Price Performance

NASDAQ TXN opened at $203.96 on Friday. Texas Instruments Incorporated has a 52 week low of $159.11 and a 52 week high of $220.38. The firm has a market capitalization of $185.67 billion, a P/E ratio of 39.30, a PEG ratio of 3.17 and a beta of 0.97. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The company has a 50-day moving average price of $188.23 and a 200-day moving average price of $197.27.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating 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 quarter last year, the company posted $1.49 earnings per share. Equities research analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were issued a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio is 104.82%.

Insider Buying and Selling

In related news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the sale, the director now owns 14,323 shares in the company, valued at approximately $2,912,295.59. This trade represents a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mark A. Blinn sold 590 shares of Texas Instruments stock in a transaction that occurred 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 sale, the director now directly owns 11,717 shares in the company, valued at $2,117,379.07. This trade represents a 4.79 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Barclays reduced their price objective on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research report on Friday, January 24th. Rosenblatt Securities reiterated a “buy” rating and issued a $250.00 price target on shares of Texas Instruments in a research note on Tuesday, January 21st. Wells Fargo & Company dropped their price target 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. Truist Financial dropped their price target on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research note on Friday, January 24th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $200.00 price target on shares of Texas Instruments in a research note on Friday, January 24th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average 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.