JFG Wealth Management LLC Buys New Shares in Texas Instruments Incorporated (NASDAQ:TXN)

JFG Wealth Management LLC purchased a new position 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 firm purchased 1,690 shares of the semiconductor company’s stock, valued at approximately $317,000.

A number of other hedge funds also recently made changes to their positions in the stock. Howard Capital Management Group LLC purchased a new position in Texas Instruments in the third quarter valued at approximately $202,000. Salomon & Ludwin LLC raised its stake in shares of Texas Instruments by 16.2% in the 3rd quarter. Salomon & Ludwin LLC now owns 459 shares of the semiconductor company’s stock valued at $95,000 after acquiring an additional 64 shares during the period. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Texas Instruments by 4.0% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,848 shares of the semiconductor company’s stock valued at $795,000 after acquiring an additional 148 shares in the last quarter. Autumn Glory Partners LLC boosted its position in Texas Instruments by 41.5% during the 3rd quarter. Autumn Glory Partners LLC now owns 7,286 shares of the semiconductor company’s stock worth $1,508,000 after purchasing an additional 2,136 shares during the period. Finally, Strategic Wealth Investment Group LLC increased its holdings in Texas Instruments by 4.0% in the 3rd quarter. Strategic Wealth Investment Group LLC now owns 34,676 shares of the semiconductor company’s stock valued at $6,991,000 after purchasing an additional 1,332 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Wall Street Analyst Weigh In

TXN has been the topic of a number of recent research reports. Wells Fargo & Company reduced their price objective on 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. Benchmark reissued a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a research report on Tuesday, January 21st. Barclays reduced their target price 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. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and a consensus price target of $209.20.

Texas Instruments Price Performance

Shares of NASDAQ TXN opened at $199.98 on Wednesday. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $182.05 billion, a price-to-earnings ratio of 38.53, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. Texas Instruments Incorporated has a twelve month low of $159.11 and a twelve month high of $220.38. The business has a 50 day simple moving average of $188.91 and a 200-day simple moving average of $197.69.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share 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 business earned $1.49 earnings per share. As a group, equities research analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were issued a $1.36 dividend. The ex-dividend date was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 2.72%. Texas Instruments’s dividend payout ratio is currently 104.82%.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 590 shares of the stock in a transaction on Tuesday, February 4th. The stock was 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 of the company’s stock, valued at $2,117,379.07. This trade represents a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Janet F. Clark sold 6,065 shares of the business’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the transaction, the director now directly owns 10,816 shares of the company’s stock, valued at approximately $2,202,353.92. This trade represents a 35.93 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 200,655 shares of company stock worth $40,665,374 over the last ninety days. Company 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.