Leo Wealth LLC Purchases 202 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Leo Wealth LLC boosted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 8.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,530 shares of the semiconductor company’s stock after acquiring an additional 202 shares during the quarter. Leo Wealth LLC’s holdings in Texas Instruments were worth $474,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Financial Life Planners acquired a new stake in Texas Instruments in the 4th quarter valued at about $26,000. Retirement Wealth Solutions LLC bought a new stake in Texas Instruments in the fourth quarter valued at approximately $27,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of Texas Instruments in the third quarter valued at approximately $28,000. Tsfg LLC boosted its stake in shares of Texas Instruments by 82.0% during the 3rd quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 82 shares during the period. Finally, Capital Performance Advisors LLP acquired a new position in shares of Texas Instruments during the 3rd quarter worth approximately $39,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on TXN shares. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 price target on shares of Texas Instruments in a report on Tuesday, January 21st. Bank of America cut their price objective on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Barclays decreased their price target on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research note on Friday, January 24th. Morgan Stanley raised their price objective on Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research note on Wednesday, October 23rd. Finally, Wells Fargo & Company dropped their target price on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. 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, the company presently has an average rating of “Hold” and a consensus price target of $209.20.

Texas Instruments Stock Performance

NASDAQ:TXN opened at $180.00 on Friday. The stock’s 50-day moving average is $190.17 and its 200-day moving average is $198.22. The stock has a market cap of $164.20 billion, a P/E ratio of 34.68, a price-to-earnings-growth ratio of 2.94 and a beta of 0.97. Texas Instruments Incorporated has a 1-year low of $155.46 and a 1-year high of $220.38. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (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 period in the previous year, the company posted $1.49 earnings per share. Equities research analysts anticipate that Texas Instruments Incorporated will post 5.42 earnings per share for the current year.

Texas Instruments Announces Dividend

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 issued a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 3.02%. The ex-dividend date is Friday, January 31st. Texas Instruments’s payout ratio is presently 104.82%.

Insider Buying and Selling at Texas Instruments

In related news, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the sale, the director now owns 11,717 shares in the company, valued at $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 available at the SEC website. Also, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction that occurred on 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 completion of the sale, the director now 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 disclosure for this sale can be found here. Corporate insiders own 0.68% of the company’s stock.

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.