Texas Instruments Incorporated (NASDAQ:TXN) Position Decreased by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI decreased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 0.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,814 shares of the semiconductor company’s stock after selling 208 shares during the period. Citizens Financial Group Inc. RI’s holdings in Texas Instruments were worth $4,912,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Advisory Alpha LLC purchased a new stake in Texas Instruments during the third quarter valued at about $230,000. Oak Thistle LLC lifted its stake in Texas Instruments by 163.7% during the third quarter. Oak Thistle LLC now owns 3,307 shares of the semiconductor company’s stock valued at $526,000 after buying an additional 2,053 shares in the last quarter. Patriot Financial Group Insurance Agency LLC lifted its position in shares of Texas Instruments by 6.9% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 3,581 shares of the semiconductor company’s stock worth $569,000 after purchasing an additional 230 shares in the last quarter. Connecticut Wealth Management LLC boosted its holdings in shares of Texas Instruments by 92.8% during the third quarter. Connecticut Wealth Management LLC now owns 6,277 shares of the semiconductor company’s stock worth $998,000 after purchasing an additional 3,021 shares during the period. Finally, Investment Advisory Services Inc. TX ADV boosted its holdings in shares of Texas Instruments by 5.9% during the third quarter. Investment Advisory Services Inc. TX ADV now owns 2,854 shares of the semiconductor company’s stock worth $454,000 after purchasing an additional 159 shares during the period. Institutional investors own 84.99% of the company’s stock.

Insider Buying and Selling

In related news, Director Mark A. Blinn sold 1,744 shares of the business’s stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total transaction of $278,778.40. Following the transaction, 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 Securities & Exchange Commission, which is available at this hyperlink. 0.68% of the stock is currently owned by insiders.

Texas Instruments Stock Performance

Shares of NASDAQ:TXN traded up $2.23 during trading on Friday, reaching $177.48. The stock had a trading volume of 5,401,860 shares, compared to its average volume of 5,477,503. Texas Instruments Incorporated has a 52 week low of $139.48 and a 52 week high of $188.12. The firm has a market capitalization of $161.59 billion, a price-to-earnings ratio of 27.69, a P/E/G ratio of 3.75 and a beta of 1.04. The company has a quick ratio of 3.35, a current ratio of 4.91 and a debt-to-equity ratio of 0.76. The stock has a fifty day simple moving average of $169.29 and a two-hundred day simple moving average of $162.22.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Tuesday, April 23rd. The semiconductor company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.13. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. The company had revenue of $3.66 billion for the quarter, compared to analyst estimates of $3.61 billion. During the same quarter last year, the firm posted $1.85 earnings per share. The company’s quarterly revenue was down 16.4% compared to the same quarter last year. As a group, analysts anticipate that Texas Instruments Incorporated will post 5.2 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 21st. Investors of record on Wednesday, May 8th will be given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date of this dividend is Tuesday, May 7th. Texas Instruments’s dividend payout ratio (DPR) is currently 81.12%.

Analyst Ratings Changes

Several research firms recently commented on TXN. KeyCorp raised their price target on shares of Texas Instruments from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, January 24th. Oppenheimer restated a “market perform” rating on shares of Texas Instruments in a report on Wednesday. Robert W. Baird raised their price target on shares of Texas Instruments from $125.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday. Rosenblatt Securities restated a “buy” rating and set a $210.00 price target on shares of Texas Instruments in a report on Wednesday. Finally, Morgan Stanley raised their price target on shares of Texas Instruments from $138.00 to $146.00 and gave the stock an “underweight” rating in a report on Wednesday, January 24th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Texas Instruments has an average rating of “Hold” and an average target price of $180.74.

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.