Texas Instruments Incorporated (NASDAQ:TXN) Stock Position Decreased by Rosenberg Matthew Hamilton

Rosenberg Matthew Hamilton trimmed its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 9.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,311 shares of the semiconductor company’s stock after selling 141 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in Texas Instruments were worth $246,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. MidAtlantic Capital Management Inc. purchased a new position in Texas Instruments in the 3rd quarter worth about $28,000. Tsfg LLC boosted its holdings in shares of Texas Instruments by 82.0% in the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after buying an additional 82 shares during the period. Capital Performance Advisors LLP purchased a new position in shares of Texas Instruments in the third quarter worth approximately $39,000. FSA Wealth Management LLC purchased a new position in shares of Texas Instruments in the third quarter worth approximately $41,000. Finally, McClarren Financial Advisors Inc. acquired a new stake in shares of Texas Instruments during the third quarter valued at approximately $43,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Price Performance

Shares of NASDAQ TXN opened at $191.09 on Tuesday. Texas Instruments Incorporated has a fifty-two week low of $155.46 and a fifty-two week high of $220.38. The stock has a market capitalization of $174.32 billion, a price-to-earnings ratio of 35.52, a PEG ratio of 4.19 and a beta of 0.98. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14. The business has a 50-day moving average of $196.48 and a 200-day moving average of $199.76.

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

Texas Instruments Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st were issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.85%. This is a boost from Texas Instruments’s previous quarterly dividend of $1.30. The ex-dividend date of this dividend was Thursday, October 31st. Texas Instruments’s dividend payout ratio is presently 101.12%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on TXN shares. Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research note on Wednesday, October 23rd. Cantor Fitzgerald reiterated a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a report on Wednesday, October 23rd. Robert W. Baird dropped their price target on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 23rd. Evercore ISI raised their price objective on Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. Finally, Wells Fargo & Company lowered their target price on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research note on Monday. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $209.71.

Insider Buying and Selling

In other news, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction 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. This trade represents a 42.39 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Robert E. Sanchez sold 9,990 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $208.80, for a total value of $2,085,912.00. Following the sale, the director now owns 20,461 shares of the company’s stock, valued at approximately $4,272,256.80. This represents a 32.81 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by corporate insiders.

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.