Strategic Wealth Investment Group LLC Buys 616 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Strategic Wealth Investment Group LLC increased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,292 shares of the semiconductor company’s stock after acquiring an additional 616 shares during the quarter. Strategic Wealth Investment Group LLC’s holdings in Texas Instruments were worth $6,618,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of TXN. Strategic Investment Solutions Inc. IL bought a new stake in Texas Instruments during the 2nd quarter valued at $122,000. Heritage Wealth Management Inc. bought a new position in shares of Texas Instruments during the second quarter valued at about $210,000. Cavalry Management Group LLC purchased a new stake in shares of Texas Instruments during the second quarter worth about $457,000. Centaurus Financial Inc. grew its stake in shares of Texas Instruments by 10.5% in the second quarter. Centaurus Financial Inc. now owns 2,537 shares of the semiconductor company’s stock worth $494,000 after purchasing an additional 241 shares during the last quarter. Finally, Abacus Planning Group Inc. increased its holdings in Texas Instruments by 10.4% during the 3rd quarter. Abacus Planning Group Inc. now owns 1,758 shares of the semiconductor company’s stock valued at $363,000 after purchasing an additional 166 shares during the period. 84.99% of the stock is owned by hedge funds and other institutional investors.

Texas Instruments Stock Up 2.8 %

NASDAQ:TXN opened at $185.27 on Friday. The firm has a 50-day simple moving average of $192.21 and a two-hundred day simple moving average of $199.05. The firm has a market cap of $169.01 billion, a P/E ratio of 35.70, a P/E/G ratio of 2.87 and a beta of 0.98. Texas Instruments Incorporated has a fifty-two week low of $155.46 and a fifty-two week high of $220.38. 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) last announced 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 period last year, the company posted $1.49 earnings per share. Analysts predict that Texas Instruments Incorporated will post 5.42 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 2.94%. The ex-dividend date is Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 104.82%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Summit Insights raised Texas Instruments from a “hold” rating to a “buy” rating in a research note on Wednesday, October 23rd. Susquehanna reduced their price objective on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research report on Monday, October 21st. Morgan Stanley raised their target price on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 23rd. Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Finally, Bank of America lowered their price objective on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating for the company in a 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. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $209.20.

Insider Activity

In other Texas Instruments 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 value of $2,142,894.87. Following the transaction, the director now owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.68% of the company’s stock.

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.