CreativeOne Wealth LLC Acquires 4,595 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

CreativeOne Wealth LLC raised its holdings in Texas Instruments Incorporated (NASDAQ:TXN – Get Rating) by 108.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,844 shares of the semiconductor company’s stock after acquiring an additional 4,595 shares during the period. CreativeOne Wealth LLC’s holdings in Texas Instruments were worth $1,368,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TXN. Fairfield Bush & CO. bought a new stake in shares of Texas Instruments during the first quarter worth about $56,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Texas Instruments by 32.4% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 996,880 shares of the semiconductor company’s stock worth $182,908,000 after purchasing an additional 243,907 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in shares of Texas Instruments by 7.4% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 6,023 shares of the semiconductor company’s stock worth $1,105,000 after purchasing an additional 413 shares during the last quarter. Wsfs Capital Management LLC bought a new stake in shares of Texas Instruments during the first quarter worth about $337,000. Finally, Bridgefront Capital LLC bought a new stake in shares of Texas Instruments during the first quarter worth about $315,000. Institutional investors own 83.12% of the company’s stock.

Insider Transactions at Texas Instruments

In other news, VP Ahmad Bahai sold 1,200 shares of the company’s stock in a transaction that occurred on Monday, February 13th. The stock was sold at an average price of $176.67, for a total transaction of $212,004.00. Following the transaction, the vice president now directly owns 30,357 shares of the company’s stock, valued at $5,363,171.19. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Mark A. Blinn sold 3,068 shares of the company’s stock in a transaction on Friday, February 3rd. The stock was sold at an average price of $181.69, for a total transaction of $557,424.92. Following the completion of the sale, the director now owns 11,773 shares in the company, valued at $2,139,036.37. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Ahmad Bahai sold 1,200 shares of the company’s stock in a transaction on Monday, February 13th. The stock was sold at an average price of $176.67, for a total value of $212,004.00. Following the sale, the vice president now owns 30,357 shares of the company’s stock, valued at approximately $5,363,171.19. The disclosure for this sale can be found here. 0.54% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on TXN. Benchmark boosted their price target on Texas Instruments from $189.00 to $203.00 and gave the stock a “buy” rating in a report on Wednesday, January 25th. Susquehanna boosted their price target on Texas Instruments from $205.00 to $210.00 and gave the stock a “positive” rating in a report on Friday, February 3rd. BMO Capital Markets upped their target price on Texas Instruments from $195.00 to $215.00 and gave the company an “outperform” rating in a report on Wednesday, January 25th. Mizuho upped their target price on Texas Instruments from $159.00 to $165.00 and gave the company a “neutral” rating in a report on Wednesday, January 25th. Finally, Credit Suisse Group cut Texas Instruments from an “outperform” rating to a “neutral” rating and upped their target price for the company from $185.00 to $205.00 in a report on Wednesday, November 16th. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $179.70.

Texas Instruments Price Performance

Shares of TXN opened at $175.73 on Wednesday. Texas Instruments Incorporated has a 52-week low of $144.46 and a 52-week high of $191.34. The company has a debt-to-equity ratio of 0.56, a quick ratio of 3.77 and a current ratio of 4.70. The business’s 50 day moving average price is $175.30 and its two-hundred day moving average price is $169.33. The firm has a market cap of $159.25 billion, a PE ratio of 18.69, a price-to-earnings-growth ratio of 2.44 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN – Get Rating) last issued its earnings results on Tuesday, January 24th. The semiconductor company reported $2.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.96 by $0.17. Texas Instruments had a return on equity of 61.06% and a net margin of 43.68%. The company had revenue of $4.67 billion for the quarter, compared to analyst estimates of $4.64 billion. During the same period in the prior year, the firm earned $2.27 earnings per share. Texas Instruments’s revenue for the quarter was down 3.4% on a year-over-year basis. On average, equities analysts anticipate that Texas Instruments Incorporated will post 7.53 EPS for the current year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 14th. Stockholders of record on Tuesday, January 31st were given a dividend of $1.24 per share. This represents a $4.96 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date of this dividend was Monday, January 30th. Texas Instruments’s payout ratio is 52.77%.

Texas Instruments Company Profile

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Texas Instruments Incorporated engages in the design and manufacture of semiconductors. It operates through Analog and Embedded Processing segments. The Analog segment includes semiconductors change real-world signals, such as sound, temperature, pressure or images, by conditioning them, amplifying them and often converting them to a stream of digital data that can be processed by other semiconductors, such as embedded processors.