Keener Financial Planning LLC Has $822,000 Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Keener Financial Planning LLC reduced its position in Texas Instruments Incorporated (NASDAQ:TXN) by 3.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,386 shares of the semiconductor company’s stock after selling 147 shares during the quarter. Texas Instruments makes up about 0.5% of Keener Financial Planning LLC’s portfolio, making the stock its 16th largest position. Keener Financial Planning LLC’s holdings in Texas Instruments were worth $822,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of TXN. Exchange Traded Concepts LLC boosted its holdings in Texas Instruments by 18.8% in the third quarter. Exchange Traded Concepts LLC now owns 6,135 shares of the semiconductor company’s stock worth $1,267,000 after acquiring an additional 973 shares in the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH lifted its holdings in shares of Texas Instruments by 703.8% in the 3rd quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 3,561 shares of the semiconductor company’s stock worth $736,000 after purchasing an additional 3,118 shares in the last quarter. CX Institutional grew its position in Texas Instruments by 5.2% in the 3rd quarter. CX Institutional now owns 3,481 shares of the semiconductor company’s stock valued at $719,000 after purchasing an additional 173 shares during the period. Creative Planning grew its position in Texas Instruments by 7.1% in the 3rd quarter. Creative Planning now owns 211,018 shares of the semiconductor company’s stock valued at $43,590,000 after purchasing an additional 13,972 shares during the period. Finally, Swedbank AB raised its holdings in Texas Instruments by 32.3% during the third quarter. Swedbank AB now owns 327,124 shares of the semiconductor company’s stock worth $67,574,000 after buying an additional 79,796 shares during the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Stock Performance

Texas Instruments stock opened at $179.25 on Wednesday. The firm has a market capitalization of $163.52 billion, a PE ratio of 34.54, a price-to-earnings-growth ratio of 2.95 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 firm’s 50 day simple moving average is $188.96 and its 200 day simple moving average is $197.75. 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 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 quarter last year, the firm posted $1.49 EPS. As a group, analysts expect that Texas Instruments Incorporated will post 5.38 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were paid a $1.36 dividend. The ex-dividend date was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.03%. Texas Instruments’s dividend payout ratio (DPR) is 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 that occurred on Monday, November 25th. The stock was sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the transaction, the director now owns 14,323 shares of the company’s stock, valued at $2,912,295.59. This represents a 42.39 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Mark A. Blinn sold 590 shares of Texas Instruments stock in a transaction that occurred 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 completion of the sale, the director now owns 11,717 shares in the company, valued at approximately $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on TXN shares. Summit Insights upgraded shares of Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Wells Fargo & Company cut their price objective on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research report on Monday, January 13th. Mizuho decreased their target price 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. Morgan Stanley boosted their price target on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a report on Wednesday, October 23rd. Finally, Bank of America reduced 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 report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Texas Instruments currently has a consensus rating of “Hold” and an average price target of $209.20.

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.