MassMutual Private Wealth & Trust FSB Boosts Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

MassMutual Private Wealth & Trust FSB lifted its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 0.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 9,773 shares of the semiconductor company’s stock after purchasing an additional 73 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Texas Instruments were worth $1,833,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TXN. Retirement Wealth Solutions LLC bought a new position in shares of Texas Instruments during the 4th quarter worth approximately $27,000. MidAtlantic Capital Management Inc. acquired a new stake in Texas Instruments during the 3rd quarter worth about $28,000. Tsfg LLC lifted its holdings in shares of Texas Instruments by 82.0% during the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 82 shares during the period. Capital Performance Advisors LLP purchased a new stake in shares of Texas Instruments in the 3rd quarter valued at $39,000. Finally, FSA Wealth Management LLC purchased a new stake in Texas Instruments in the third quarter valued at $41,000. 84.99% of the stock is currently owned by institutional investors.

Texas Instruments Stock Performance

Shares of TXN stock opened at $192.42 on Tuesday. The firm has a 50 day moving average of $194.79 and a two-hundred day moving average of $199.65. The company has a quick ratio of 3.14, a current ratio of 4.31 and a debt-to-equity ratio of 0.74. Texas Instruments Incorporated has a 52 week low of $155.46 and a 52 week high of $220.38. The stock has a market capitalization of $175.53 billion, a PE ratio of 35.77, a P/E/G ratio of 3.74 and a beta of 0.98.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.09. The company had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $4.12 billion. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The company’s quarterly revenue was down 8.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.80 EPS. On average, research analysts predict that Texas Instruments Incorporated will post 5.08 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 2.83%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s payout ratio is 101.12%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on TXN. Wells Fargo & Company dropped 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. Evercore ISI increased their target price on Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. Mizuho set a $200.00 target price on shares of Texas Instruments in a research note on Friday, October 18th. Susquehanna dropped their price objective on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a research note on Monday, October 21st. Finally, Benchmark reaffirmed a “buy” rating and issued a $230.00 target price on shares of Texas Instruments in a research note 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 given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $210.45.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the business’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 value of $2,142,894.87. Following the completion of the sale, the director now owns 14,323 shares in the company, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert E. Sanchez sold 9,990 shares of Texas Instruments stock in a transaction on Friday, October 25th. The shares were sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the completion of the transaction, the director now directly owns 20,461 shares in the company, valued at $4,272,256.80. The trade was a 32.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.68% of the company’s stock.

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.