Tilt Investment Management Holdings PBC Sells 1,072 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Tilt Investment Management Holdings PBC lessened its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 22.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,694 shares of the semiconductor company’s stock after selling 1,072 shares during the quarter. Tilt Investment Management Holdings PBC’s holdings in Texas Instruments were worth $630,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ninety One UK Ltd boosted its position in shares of Texas Instruments by 5.2% during the fourth quarter. Ninety One UK Ltd now owns 569,649 shares of the semiconductor company’s stock worth $97,102,000 after buying an additional 28,062 shares during the period. Ninety One North America Inc. boosted its position in Texas Instruments by 28.5% during the 4th quarter. Ninety One North America Inc. now owns 45,656 shares of the semiconductor company’s stock worth $7,783,000 after acquiring an additional 10,114 shares during the last quarter. Federated Hermes Inc. grew its stake in shares of Texas Instruments by 2,183.2% during the 4th quarter. Federated Hermes Inc. now owns 234,307 shares of the semiconductor company’s stock worth $39,940,000 after acquiring an additional 224,045 shares in the last quarter. OLD Second National Bank of Aurora raised its holdings in shares of Texas Instruments by 77.6% in the fourth quarter. OLD Second National Bank of Aurora now owns 515 shares of the semiconductor company’s stock valued at $88,000 after purchasing an additional 225 shares during the last quarter. Finally, HF Advisory Group LLC raised its holdings in shares of Texas Instruments by 15.4% in the 4th quarter. HF Advisory Group LLC now owns 13,584 shares of the semiconductor company’s stock valued at $2,315,000 after purchasing an additional 1,817 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Texas Instruments Price Performance

Shares of Texas Instruments stock traded down $1.43 during trading on Thursday, reaching $164.27. 3,012,325 shares of the company’s stock were exchanged, compared to its average volume of 5,438,441. The firm’s 50-day moving average price is $168.09 and its 200 day moving average price is $161.71. The company has a market cap of $149.50 billion, a P/E ratio of 23.47, a PEG ratio of 3.61 and a beta of 1.04. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.35 and a current ratio of 4.55. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $188.12.

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

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Evercore ISI started coverage on Texas Instruments in a research report on Tuesday. They issued an “outperform” rating and a $213.00 price objective for the company. TD Cowen upped their price objective on shares of Texas Instruments from $145.00 to $160.00 and gave the company a “market perform” rating in a report on Wednesday, January 24th. Mizuho dropped their price objective on shares of Texas Instruments from $170.00 to $164.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 24th. UBS Group raised shares of Texas Instruments from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $170.00 to $195.00 in a report on Friday, January 19th. Finally, Susquehanna lowered their price target on shares of Texas Instruments from $205.00 to $200.00 and set a “positive” rating on the stock in a report on Wednesday, January 24th. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $176.68.

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.