First National Corp MA ADV Buys 264 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

First National Corp MA ADV boosted its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 11.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,547 shares of the semiconductor company’s stock after buying an additional 264 shares during the period. First National Corp MA ADV’s holdings in Texas Instruments were worth $434,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TXN. Annapolis Financial Services LLC boosted its stake in Texas Instruments by 333.3% during the 3rd quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 120 shares during the last quarter. Briaud Financial Planning Inc purchased a new stake in Texas Instruments during the 3rd quarter valued at $25,000. Riverview Trust Co boosted its stake in Texas Instruments by 57.4% during the 3rd quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 66 shares during the last quarter. Coppell Advisory Solutions Corp. purchased a new stake in Texas Instruments during the 4th quarter valued at $30,000. Finally, AMH Equity Ltd purchased a new stake in Texas Instruments during the 3rd quarter valued at $32,000. Institutional investors own 84.99% of the company’s stock.

Insider Transactions at Texas Instruments

In other news, Director Mark A. Blinn sold 1,744 shares of the stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total transaction of $278,778.40. Following the sale, the director now directly owns 11,693 shares of the company’s stock, valued at approximately $1,869,126.05. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.68% of the company’s stock.

Texas Instruments Price Performance

NASDAQ TXN opened at $172.76 on Thursday. The company has a debt-to-equity ratio of 0.63, a current ratio of 4.55 and a quick ratio of 3.35. The stock’s fifty day moving average price is $166.42 and its 200 day moving average price is $160.78. Texas Instruments Incorporated has a 1 year low of $139.48 and a 1 year high of $188.12. The company has a market cap of $157.22 billion, a price-to-earnings ratio of 24.47, a PEG ratio of 3.61 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Monday, January 22nd. The semiconductor company reported $1.49 EPS for the quarter, beating the consensus estimate of $1.46 by $0.03. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. The company had revenue of $4.08 billion for the quarter, compared to analyst estimates of $4.12 billion. During the same period in the prior year, the company earned $2.13 earnings per share. The firm’s revenue was down 12.7% on a year-over-year basis. As a group, equities research analysts forecast that Texas Instruments Incorporated will post 5.16 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 13th. Shareholders of record on Wednesday, January 31st were issued a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 3.01%. The ex-dividend date was Tuesday, January 30th. Texas Instruments’s payout ratio is 73.65%.

Analyst Ratings Changes

Several analysts have commented on the company. Morgan Stanley increased their target price on Texas Instruments from $138.00 to $146.00 and gave the company an “underweight” rating in a research note on Wednesday, January 24th. Rosenblatt Securities restated a “buy” rating and issued a $190.00 price target on shares of Texas Instruments in a research note on Tuesday, January 23rd. Truist Financial dropped their price target on Texas Instruments from $166.00 to $165.00 and set a “hold” rating on the stock in a research note on Friday, February 9th. Cantor Fitzgerald restated a “neutral” rating and issued a $170.00 price target on shares of Texas Instruments in a research note on Monday, March 4th. Finally, KeyCorp raised their price target on Texas Instruments from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 24th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $173.89.

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.