Newbridge Financial Services Group Inc. Buys New Shares in Texas Instruments Incorporated (NASDAQ:TXN)

Newbridge Financial Services Group Inc. purchased a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 752 shares of the semiconductor company’s stock, valued at approximately $141,000.

A number of other large investors have also recently bought and sold shares of TXN. LVW Advisors LLC grew its holdings in Texas Instruments by 10.9% in the third quarter. LVW Advisors LLC now owns 1,340 shares of the semiconductor company’s stock worth $277,000 after purchasing an additional 132 shares during the period. Livforsakringsbolaget Skandia Omsesidigt boosted its position in shares of Texas Instruments by 58.2% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 6,926 shares of the semiconductor company’s stock worth $1,431,000 after purchasing an additional 2,548 shares in the last quarter. Valeo Financial Advisors LLC grew its stake in shares of Texas Instruments by 1.4% in the 3rd quarter. Valeo Financial Advisors LLC now owns 10,109 shares of the semiconductor company’s stock valued at $2,088,000 after buying an additional 139 shares during the period. Ritholtz Wealth Management increased its position in Texas Instruments by 15.2% in the 3rd quarter. Ritholtz Wealth Management now owns 8,381 shares of the semiconductor company’s stock valued at $1,731,000 after buying an additional 1,107 shares in the last quarter. Finally, Annex Advisory Services LLC raised its stake in Texas Instruments by 2.4% during the 3rd quarter. Annex Advisory Services LLC now owns 7,067 shares of the semiconductor company’s stock worth $1,460,000 after buying an additional 163 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TXN has been the subject of several recent research reports. Truist Financial decreased their price objective on Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a report on Friday, January 24th. Morgan Stanley boosted their price target on shares of Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a research note on Wednesday, October 23rd. Bank of America dropped their price objective on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Robert W. Baird decreased their target price on shares of Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Finally, Benchmark reaffirmed a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $209.20.

Texas Instruments Stock Performance

Shares of TXN stock opened at $180.00 on Monday. 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 $164.20 billion, a price-to-earnings ratio of 34.68, a P/E/G ratio of 2.95 and a beta of 0.97. Texas Instruments Incorporated has a 52 week low of $155.46 and a 52 week high of $220.38. The firm’s 50-day simple moving average is $189.75 and its two-hundred day simple moving average is $198.04.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS 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 in the previous year, the firm posted $1.49 EPS. As a group, equities analysts forecast that Texas Instruments Incorporated will post 5.38 earnings per share for the current year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be given a dividend of $1.36 per share. The ex-dividend date is Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 3.02%. Texas Instruments’s dividend payout ratio is presently 104.82%.

Insider Transactions at Texas Instruments

In other news, 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 value of $106,618.90. Following the completion of the sale, the director now owns 11,717 shares of the company’s stock, valued at approximately $2,117,379.07. This represents a 4.79 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction on 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 directly owns 14,323 shares of the company’s stock, valued at $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate 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.