Keystone Financial Group Inc. Buys Shares of 555 Texas Instruments Incorporated (NASDAQ:TXN)

Keystone Financial Group Inc. purchased a new stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 555 shares of the semiconductor company’s stock, valued at approximately $104,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in Texas Instruments by 2.0% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 154,262 shares of the semiconductor company’s stock valued at $28,926,000 after acquiring an additional 2,970 shares during the period. Strategic Financial Concepts LLC acquired a new stake in shares of Texas Instruments during the fourth quarter worth approximately $23,569,000. Leo Wealth LLC increased its holdings in shares of Texas Instruments by 8.7% during the fourth quarter. Leo Wealth LLC now owns 2,530 shares of the semiconductor company’s stock worth $474,000 after buying an additional 202 shares in the last quarter. Consolidated Portfolio Review Corp bought a new stake in shares of Texas Instruments during the fourth quarter valued at approximately $264,000. Finally, GHP Investment Advisors Inc. boosted its stake in Texas Instruments by 5.5% in the fourth quarter. GHP Investment Advisors Inc. now owns 50,954 shares of the semiconductor company’s stock valued at $9,554,000 after acquiring an additional 2,638 shares during the last quarter. 84.99% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TXN has been the topic of several analyst reports. Susquehanna cut their target price on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a report on Monday, October 21st. Truist Financial reduced their target price on shares of 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 objective on shares of Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a report on Wednesday, October 23rd. Robert W. Baird dropped 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, Bank of America dropped their price target on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Texas Instruments currently has an average rating of “Hold” and an average target price of $209.20.

Texas Instruments Trading Up 0.9 %

Shares of TXN stock opened at $183.28 on Friday. The stock has a 50 day simple moving average of $190.49 and a 200-day simple moving average of $198.32. Texas Instruments Incorporated has a 1-year low of $155.46 and a 1-year high of $220.38. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The company has a market cap of $167.19 billion, a price-to-earnings ratio of 35.31, a PEG ratio of 2.94 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating the consensus estimate of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same period in the prior year, the company posted $1.49 earnings per share. On average, equities research analysts expect that Texas Instruments Incorporated will post 5.42 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be paid a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 2.97%. The ex-dividend date is Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 104.82%.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction 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 directly owns 14,323 shares in the company, valued at $2,912,295.59. This represents a 42.39 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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. The trade was a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is owned by company insiders.

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.