CX Institutional grew its holdings in Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 3.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,601 shares of the semiconductor company’s stock after acquiring an additional 120 shares during the quarter. CX Institutional’s holdings in Texas Instruments were worth $675,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the business. Cahill Financial Advisors Inc. boosted its holdings in Texas Instruments by 3.5% in the third quarter. Cahill Financial Advisors Inc. now owns 1,443 shares of the semiconductor company’s stock worth $298,000 after acquiring an additional 49 shares in the last quarter. KCM Investment Advisors LLC boosted its holdings in Texas Instruments by 1.4% in the third quarter. KCM Investment Advisors LLC now owns 3,574 shares of the semiconductor company’s stock worth $738,000 after acquiring an additional 50 shares in the last quarter. Lansing Street Advisors lifted its holdings in shares of Texas Instruments by 4.7% during the third quarter. Lansing Street Advisors now owns 1,127 shares of the semiconductor company’s stock worth $233,000 after purchasing an additional 51 shares during the period. NorthCrest Asset Manangement LLC lifted its holdings in shares of Texas Instruments by 1.1% during the third quarter. NorthCrest Asset Manangement LLC now owns 4,985 shares of the semiconductor company’s stock worth $1,030,000 after purchasing an additional 52 shares during the period. Finally, ABLE Financial Group LLC lifted its holdings in shares of Texas Instruments by 2.9% during the third quarter. ABLE Financial Group LLC now owns 1,818 shares of the semiconductor company’s stock worth $376,000 after purchasing an additional 52 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts recently commented on TXN shares. Mizuho decreased their target price on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a report on Friday. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a report on Tuesday, January 21st. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.00 target price on shares of Texas Instruments in a report on Friday. Wells Fargo & Company decreased their target price on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. Finally, Susquehanna decreased their target price on Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a report on Monday, October 21st. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $209.20.
Texas Instruments Stock Down 7.5 %
Texas Instruments stock opened at $185.52 on Friday. The stock has a market capitalization of $169.23 billion, a PE ratio of 34.48, a price-to-earnings-growth ratio of 3.84 and a beta of 0.98. Texas Instruments Incorporated has a 12 month low of $155.46 and a 12 month high of $220.38. The business has a 50 day simple moving average of $193.38 and a 200-day simple moving average of $199.46. 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 (NASDAQ:TXN – Get Free Report) last issued its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping the consensus estimate 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 quarter in the previous year, the business earned $1.49 earnings per share. On average, analysts anticipate that Texas Instruments Incorporated will post 5.08 EPS for the current fiscal year.
Texas Instruments Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be given a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 2.93%. The ex-dividend date is Friday, January 31st. Texas Instruments’s payout ratio is 104.82%.
Insider Buying and Selling
In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the transaction, the director now owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. 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 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.
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