Key Client Fiduciary Advisors LLC lessened its position in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 11.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,128 shares of the semiconductor company’s stock after selling 140 shares during the period. Key Client Fiduciary Advisors LLC’s holdings in Texas Instruments were worth $211,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Fiduciary Alliance LLC lifted its position in shares of Texas Instruments by 25.3% during the 4th quarter. Fiduciary Alliance LLC now owns 36,801 shares of the semiconductor company’s stock worth $6,901,000 after purchasing an additional 7,424 shares during the last quarter. Townsquare Capital LLC lifted its holdings in shares of Texas Instruments by 5.9% during the third quarter. Townsquare Capital LLC now owns 93,689 shares of the semiconductor company’s stock worth $19,353,000 after buying an additional 5,201 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its position in shares of Texas Instruments by 454.5% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,256,289 shares of the semiconductor company’s stock valued at $244,386,000 after acquiring an additional 1,029,741 shares during the period. HB Wealth Management LLC grew its stake in shares of Texas Instruments by 4.4% in the fourth quarter. HB Wealth Management LLC now owns 99,856 shares of the semiconductor company’s stock worth $18,724,000 after acquiring an additional 4,238 shares during the last quarter. Finally, Swiss National Bank increased its position in Texas Instruments by 0.3% during the third quarter. Swiss National Bank now owns 2,702,500 shares of the semiconductor company’s stock worth $558,255,000 after acquiring an additional 8,100 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.
Analyst Ratings Changes
Several analysts have issued reports on TXN shares. Benchmark restated a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a research report on Wednesday, October 23rd. Bank of America cut their price target on Texas Instruments from $220.00 to $215.00 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Cantor Fitzgerald reissued a “neutral” rating and set a $200.00 price objective on shares of Texas Instruments in a report on Wednesday, October 23rd. Summit Insights upgraded Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Finally, Barclays reduced their target price on Texas Instruments from $210.00 to $200.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Texas Instruments has an average rating of “Hold” and an average price target of $210.45.
Texas Instruments Trading Up 1.8 %
TXN stock opened at $200.61 on Friday. The business has a fifty day moving average price of $193.80 and a 200 day moving average price of $199.56. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14. 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 $183.00 billion, a price-to-earnings ratio of 37.29, a P/E/G ratio of 3.84 and a beta of 0.98.
Texas Instruments (NASDAQ:TXN – Get Free Report) last announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. During the same period last year, the firm earned $1.49 earnings per share. Analysts expect that Texas Instruments Incorporated will post 5.08 EPS for the current fiscal year.
Texas Instruments Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be paid a dividend of $1.36 per share. The ex-dividend date is Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.71%. Texas Instruments’s dividend payout ratio (DPR) is currently 101.12%.
Insider Activity at Texas Instruments
In related news, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction dated 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 transaction, the director now owns 14,323 shares in the company, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.68% of the stock is currently owned by company insiders.
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.
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