Transamerica Financial Advisors Inc. Has $944,000 Position in Texas Instruments Incorporated (NASDAQ:TXN)

Transamerica Financial Advisors Inc. grew its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 5.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,032 shares of the semiconductor company’s stock after buying an additional 278 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in Texas Instruments were worth $944,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Fiduciary Alliance LLC grew its position in Texas Instruments by 25.3% during the 4th quarter. Fiduciary Alliance LLC now owns 36,801 shares of the semiconductor company’s stock worth $6,901,000 after acquiring an additional 7,424 shares during the last quarter. Ameritas Advisory Services LLC boosted its stake in shares of Texas Instruments by 73.7% during the fourth quarter. Ameritas Advisory Services LLC now owns 8,739 shares of the semiconductor company’s stock valued at $1,639,000 after purchasing an additional 3,707 shares in the last quarter. HB Wealth Management LLC grew its holdings in shares of Texas Instruments by 4.4% during the fourth quarter. HB Wealth Management LLC now owns 99,856 shares of the semiconductor company’s stock worth $18,724,000 after purchasing an additional 4,238 shares during the last quarter. Taika Capital LP acquired a new position in shares of Texas Instruments in the third quarter valued at approximately $4,394,000. Finally, Hamlin Capital Management LLC raised its holdings in Texas Instruments by 9.2% in the 4th quarter. Hamlin Capital Management LLC now owns 871,623 shares of the semiconductor company’s stock valued at $163,438,000 after buying an additional 73,715 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TXN has been the topic of a number of research reports. Benchmark reissued a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Wells Fargo & Company reduced their price objective on shares of 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. Mizuho lowered their price objective on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research report on Friday, January 24th. Truist Financial dropped their price objective on Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research note on Friday, January 24th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Texas Instruments presently has a consensus rating of “Hold” and a consensus target price of $209.20.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $176.33 on Friday. The company has a market capitalization of $160.45 billion, a P/E ratio of 33.97, a price-to-earnings-growth ratio of 3.30 and a beta of 0.98. The company’s 50-day moving average is $186.45 and its 200 day moving average is $194.68. 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 Incorporated has a fifty-two week low of $159.11 and a fifty-two week high of $220.39.

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 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 quarter in the prior year, the company posted $1.49 earnings per share. On average, equities research analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were paid a $1.36 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 3.09%. Texas Instruments’s payout ratio is presently 104.82%.

Insider Activity

In related news, Chairman Richard K. Templeton sold 97,000 shares of the stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $197.69, for a total transaction of $19,175,930.00. Following the sale, the chairman now owns 409,089 shares of the company’s stock, valued at approximately $80,872,804.41. This represents a 19.17 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the completion of the transaction, the director now directly owns 11,717 shares in the company, valued at approximately $2,117,379.07. The trade was a 4.79 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 297,655 shares of company stock valued at $59,841,304 in the last 90 days. Insiders own 0.57% of the company’s stock.

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.