Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by TCV Trust & Wealth Management Inc.

TCV Trust & Wealth Management Inc. reduced its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 6.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,904 shares of the semiconductor company’s stock after selling 206 shares during the quarter. TCV Trust & Wealth Management Inc.’s holdings in Texas Instruments were worth $545,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TXN. MidAtlantic Capital Management Inc. purchased a new stake in Texas Instruments during the 3rd quarter worth about $28,000. Financial Life Planners acquired a new stake in shares of Texas Instruments during the 4th quarter worth about $26,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Texas Instruments during the fourth quarter worth about $27,000. Tsfg LLC grew its holdings in shares of Texas Instruments by 82.0% during the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after buying an additional 82 shares in the last quarter. Finally, Capital Performance Advisors LLP acquired a new position in shares of Texas Instruments in the third quarter valued at approximately $39,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Buying and Selling at Texas Instruments

In related news, Director Ronald Kirk sold 10,539 shares of Texas Instruments 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 completion of the transaction, the director now directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mark A. Blinn sold 590 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the sale, the director now owns 11,717 shares in the company, valued at $2,117,379.07. The trade was a 4.79 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is owned by insiders.

Texas Instruments Stock Down 0.6 %

Shares of NASDAQ:TXN opened at $179.25 on Wednesday. The company has a 50 day moving average of $189.32 and a two-hundred day moving average of $197.91. Texas Instruments Incorporated has a 52-week low of $155.46 and a 52-week high of $220.38. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $163.52 billion, a price-to-earnings ratio of 34.54, a price-to-earnings-growth ratio of 2.95 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same quarter in the prior year, the business posted $1.49 EPS. As a group, analysts forecast that Texas Instruments Incorporated will post 5.38 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 104.82%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Evercore ISI raised their target price on shares of Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. Barclays lowered their price objective on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research report on Friday, January 24th. Robert W. Baird dropped their target price on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Rosenblatt Securities reiterated a “buy” rating and set a $250.00 target price on shares of Texas Instruments in a research report on Tuesday, January 21st. Finally, Wells Fargo & Company dropped their price objective 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. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $209.20.

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.