CFC Planning Co LLC Buys 1,921 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

CFC Planning Co LLC raised its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 15.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,303 shares of the semiconductor company's stock after acquiring an additional 1,921 shares during the quarter. Texas Instruments comprises 2.8% of CFC Planning Co LLC's portfolio, making the stock its 13th largest position. CFC Planning Co LLC's holdings in Texas Instruments were worth $2,570,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Summit Securities Group LLC bought a new position in Texas Instruments during the 4th quarter worth approximately $27,000. Cloud Capital Management LLC bought a new position in shares of Texas Instruments during the first quarter worth $28,000. Copia Wealth Management bought a new position in shares of Texas Instruments during the fourth quarter worth $30,000. Quintet Private Bank Europe S.A. acquired a new position in shares of Texas Instruments in the 1st quarter valued at $34,000. Finally, Atala Financial Inc bought a new stake in shares of Texas Instruments in the 4th quarter valued at $37,000. Institutional investors and hedge funds own 84.99% of the company's stock.

Analyst Ratings Changes

Several research analysts have weighed in on TXN shares. KeyCorp lifted their target price on Texas Instruments from $215.00 to $240.00 and gave the stock an "overweight" rating in a report on Tuesday. Arete Research upgraded Texas Instruments to a "hold" rating in a report on Thursday, June 26th. TD Cowen raised Texas Instruments from a "hold" rating to a "buy" rating and increased their target price for the stock from $200.00 to $245.00 in a research note on Friday. Summit Insights downgraded shares of Texas Instruments from a "buy" rating to a "hold" rating in a report on Thursday, April 24th. Finally, Stifel Nicolaus reduced their price target on shares of Texas Instruments from $200.00 to $160.00 and set a "hold" rating for the company in a report on Thursday, April 17th. Three research analysts have rated the stock with a sell rating, fifteen have given a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Texas Instruments has a consensus rating of "Hold" and a consensus target price of $202.08.

Texas Instruments Stock Performance

Shares of TXN traded up $1.59 during mid-day trading on Friday, reaching $221.25. The company's stock had a trading volume of 5,394,922 shares, compared to its average volume of 6,452,512. Texas Instruments Incorporated has a 1-year low of $139.95 and a 1-year high of $221.68. The stock has a market cap of $201.00 billion, a P/E ratio of 41.98, a PEG ratio of 3.58 and a beta of 1.03. The business has a 50-day simple moving average of $192.98 and a two-hundred day simple moving average of $184.11. The company has a current ratio of 5.26, a quick ratio of 3.37 and a debt-to-equity ratio of 0.78.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.22. The business had revenue of $4.07 billion during the quarter, compared to analysts' expectations of $3.91 billion. Texas Instruments had a return on equity of 28.75% and a net margin of 30.36%. The firm's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period last year, the firm posted $1.10 EPS. As a group, equities research analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Stockholders of record on Wednesday, April 30th were given a $1.36 dividend. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.46%. Texas Instruments's payout ratio is presently 103.23%.

Texas Instruments Company 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.