Deane Retirement Strategies Inc. Buys 95 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Deane Retirement Strategies Inc. boosted its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 0.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,853 shares of the semiconductor company’s stock after acquiring an additional 95 shares during the period. Texas Instruments accounts for 1.9% of Deane Retirement Strategies Inc.’s investment portfolio, making the stock its 17th biggest holding. Deane Retirement Strategies Inc.’s holdings in Texas Instruments were worth $3,555,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Annapolis Financial Services LLC lifted its holdings in shares of Texas Instruments by 333.3% during the 3rd quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 120 shares during the period. Briaud Financial Planning Inc bought a new stake in Texas Instruments during the 3rd quarter worth about $25,000. Riverview Trust Co lifted its holdings in Texas Instruments by 57.4% in the third quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 66 shares during the period. Coppell Advisory Solutions Corp. acquired a new position in shares of Texas Instruments in the 4th quarter valued at $30,000. Finally, AMH Equity Ltd acquired a new position in Texas Instruments in the third quarter valued at about $32,000. Institutional investors own 84.99% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Truist Financial reduced their price target on shares of Texas Instruments from $166.00 to $165.00 and set a “hold” rating on the stock in a research report on Friday, February 9th. Rosenblatt Securities reiterated a “buy” rating and set a $190.00 price objective on shares of Texas Instruments in a research note on Tuesday, January 23rd. TD Cowen boosted their price target on Texas Instruments from $145.00 to $160.00 and gave the stock a “market perform” rating in a report on Wednesday, January 24th. UBS Group raised shares of Texas Instruments from a “neutral” rating to a “buy” rating and increased their price objective for the company from $170.00 to $195.00 in a research note on Friday, January 19th. Finally, Barclays cut their price target on Texas Instruments from $160.00 to $150.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 24th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $173.89.

Texas Instruments Trading Up 0.7 %

TXN traded up $1.19 during trading on Thursday, hitting $174.06. The company’s stock had a trading volume of 1,306,496 shares, compared to its average volume of 5,641,289. The stock’s fifty day moving average price is $166.42 and its 200-day moving average price is $160.78. The firm has a market capitalization of $158.41 billion, a P/E ratio of 24.47, a PEG ratio of 3.61 and a beta of 1.04. The company has a quick ratio of 3.35, a current ratio of 4.55 and a debt-to-equity ratio of 0.63. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $188.12.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Monday, January 22nd. The semiconductor company reported $1.49 EPS for the quarter, beating the consensus estimate of $1.46 by $0.03. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The firm had revenue of $4.08 billion during the quarter, compared to the consensus estimate of $4.12 billion. During the same quarter in the previous year, the company posted $2.13 earnings per share. The company’s quarterly revenue was down 12.7% on a year-over-year basis. Analysts anticipate that Texas Instruments Incorporated will post 5.16 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 13th. Stockholders of record on Wednesday, January 31st were paid a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.99%. The ex-dividend date was Tuesday, January 30th. Texas Instruments’s dividend payout ratio (DPR) is presently 73.65%.

Insider Activity at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of Texas Instruments stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total transaction of $278,778.40. Following the transaction, the director now owns 11,693 shares of the company’s stock, valued at approximately $1,869,126.05. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.68% of the stock is currently owned by insiders.

Texas Instruments 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.