Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Mutual Advisors LLC

Mutual Advisors LLC lessened its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 10.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,880 shares of the semiconductor company’s stock after selling 1,631 shares during the quarter. Mutual Advisors LLC’s holdings in Texas Instruments were worth $2,601,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. MidAtlantic Capital Management Inc. acquired a new stake in shares of Texas Instruments in the third quarter worth $28,000. Retirement Wealth Solutions LLC acquired a new stake in Texas Instruments in the 4th quarter valued at $27,000. Tsfg LLC raised its position in Texas Instruments by 82.0% in the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 82 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of Texas Instruments during the third quarter worth about $39,000. Finally, FSA Wealth Management LLC purchased a new stake in shares of Texas Instruments in the third quarter worth about $41,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.68% of the stock is currently owned by company insiders.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $200.61 on Friday. The company has a market cap of $183.00 billion, a PE ratio of 37.29, a P/E/G ratio of 3.84 and a beta of 0.98. Texas Instruments Incorporated has a fifty-two week low of $155.46 and a fifty-two week high of $220.38. The firm has a 50-day simple moving average of $193.80 and a 200 day simple moving average of $199.56. The company has a quick ratio of 3.14, a current ratio of 4.31 and a debt-to-equity ratio of 0.74.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating 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 last year, the firm earned $1.49 earnings per share. On average, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be given a $1.36 dividend. This represents a $5.44 annualized dividend and a yield of 2.71%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio is presently 101.12%.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Barclays reduced their price target on Texas Instruments from $210.00 to $200.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 23rd. Wells Fargo & Company decreased their target price on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Morgan Stanley lifted their price target on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research note on Wednesday, October 23rd. Rosenblatt Securities reissued a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a research report on Tuesday. Finally, Benchmark reaffirmed a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a research report on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, Texas Instruments has an average rating of “Hold” and a consensus target price of $210.45.

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.