Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Roffman Miller Associates Inc. PA

Roffman Miller Associates Inc. PA reduced its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 0.6% in the 4th quarter, Holdings Channel reports. The firm owned 252,777 shares of the semiconductor company’s stock after selling 1,403 shares during the quarter. Texas Instruments accounts for 3.1% of Roffman Miller Associates Inc. PA’s investment portfolio, making the stock its 8th largest holding. Roffman Miller Associates Inc. PA’s holdings in Texas Instruments were worth $43,088,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TXN. AXQ Capital LP lifted its stake in Texas Instruments by 64.3% in the third quarter. AXQ Capital LP now owns 4,600 shares of the semiconductor company’s stock valued at $731,000 after buying an additional 1,800 shares during the period. First National Bank of Mount Dora Trust Investment Services lifted its position in shares of Texas Instruments by 0.4% during the 4th quarter. First National Bank of Mount Dora Trust Investment Services now owns 42,134 shares of the semiconductor company’s stock valued at $7,182,000 after acquiring an additional 155 shares during the period. Verdence Capital Advisors LLC boosted its stake in Texas Instruments by 39.9% during the third quarter. Verdence Capital Advisors LLC now owns 8,405 shares of the semiconductor company’s stock worth $1,336,000 after acquiring an additional 2,397 shares in the last quarter. Salem Investment Counselors Inc. grew its holdings in Texas Instruments by 2.2% in the fourth quarter. Salem Investment Counselors Inc. now owns 8,232 shares of the semiconductor company’s stock worth $1,403,000 after purchasing an additional 177 shares during the period. Finally, Chicago Capital LLC increased its stake in Texas Instruments by 182.7% in the fourth quarter. Chicago Capital LLC now owns 12,859 shares of the semiconductor company’s stock valued at $2,192,000 after purchasing an additional 8,311 shares in the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on TXN shares. Benchmark reissued a “buy” rating and set a $210.00 price objective on shares of Texas Instruments in a research report on Wednesday. Stifel Nicolaus raised their price objective on Texas Instruments from $160.00 to $172.00 and gave the company a “hold” rating in a research note on Wednesday. Susquehanna upped their target price on Texas Instruments from $200.00 to $205.00 and gave the stock a “positive” rating in a research report on Wednesday. Truist Financial lifted their price target on shares of Texas Instruments from $165.00 to $167.00 and gave the company a “hold” rating in a research report on Wednesday. Finally, Mizuho boosted their price target on shares of Texas Instruments from $164.00 to $170.00 and gave the company a “neutral” rating in a research note on Wednesday. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $180.74.

Texas Instruments Stock Performance

NASDAQ TXN traded up $2.37 on Friday, hitting $177.62. 2,368,938 shares of the stock traded hands, compared to its average volume of 5,666,894. The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.35 and a current ratio of 4.91. The business’s fifty day moving average is $168.95 and its two-hundred day moving average is $162.08. Texas Instruments Incorporated has a 12 month low of $139.48 and a 12 month high of $188.12. The firm has a market capitalization of $161.64 billion, a price-to-earnings ratio of 27.34, a PEG ratio of 3.77 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Tuesday, April 23rd. The semiconductor company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.13. The company had revenue of $3.66 billion during the quarter, compared to analyst estimates of $3.61 billion. Texas Instruments had a return on equity of 35.28% and a net margin of 35.16%. The firm’s revenue for the quarter was down 16.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.85 EPS. As a group, equities analysts anticipate that Texas Instruments Incorporated will post 5.16 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Investors of record on Wednesday, May 8th will be issued a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.93%. Texas Instruments’s dividend payout ratio (DPR) is presently 81.12%.

Insider Activity at Texas Instruments

In related news, Director Mark A. Blinn sold 1,744 shares of the business’s stock in a transaction on Wednesday, January 31st. The stock was 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 in the company, valued at approximately $1,869,126.05. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.68% of the stock is owned by company 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.