First Command Advisory Services Inc. Sells 106 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

First Command Advisory Services Inc. lessened its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 3.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,736 shares of the semiconductor company’s stock after selling 106 shares during the quarter. First Command Advisory Services Inc.’s holdings in Texas Instruments were worth $513,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TXN. Howard Capital Management Group LLC acquired a new stake in Texas Instruments in the third quarter worth about $202,000. Fortitude Family Office LLC grew its stake in Texas Instruments by 42.6% during the 3rd quarter. Fortitude Family Office LLC now owns 388 shares of the semiconductor company’s stock valued at $80,000 after purchasing an additional 116 shares during the last quarter. Valmark Advisers Inc. increased its holdings in shares of Texas Instruments by 11.7% in the third quarter. Valmark Advisers Inc. now owns 2,238 shares of the semiconductor company’s stock valued at $462,000 after purchasing an additional 235 shares during the period. Fidelis Capital Partners LLC lifted its holdings in shares of Texas Instruments by 5.7% during the third quarter. Fidelis Capital Partners LLC now owns 4,355 shares of the semiconductor company’s stock worth $879,000 after purchasing an additional 236 shares during the period. Finally, Deltec Asset Management LLC purchased a new position in Texas Instruments during the 3rd quarter worth approximately $207,000. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Analysts Set New Price Targets

TXN has been the topic of several research analyst reports. Mizuho dropped their price objective on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a report on Friday, January 24th. Barclays reduced their price objective on shares of 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. Benchmark reissued a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Wells Fargo & Company dropped their price target 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. Finally, Truist Financial lowered their target price on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research note on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $209.20.

Texas Instruments Price Performance

Shares of Texas Instruments stock opened at $198.24 on Thursday. The stock has a market cap of $180.46 billion, a PE ratio of 38.20, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The company’s 50-day moving average price is $189.17 and its two-hundred day moving average price is $197.70. Texas Instruments Incorporated has a 52 week low of $159.11 and a 52 week high of $220.38.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same period in the previous year, the company posted $1.49 EPS. As a group, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were given a $1.36 dividend. The ex-dividend date was Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.74%. Texas Instruments’s dividend payout ratio (DPR) is presently 104.82%.

Insider Activity at Texas Instruments

In other news, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $202.72, for a total transaction of $19,663,840.00. Following the completion of the sale, the chairman now directly owns 409,089 shares in the company, valued at $82,930,522.08. The trade was a 19.17 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Janet F. Clark sold 6,065 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $203.62, for a total value of $1,234,955.30. Following the completion of the transaction, the director now owns 10,816 shares in the company, valued at $2,202,353.92. This represents a 35.93 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 200,655 shares of company stock valued at $40,665,374. Company insiders own 0.68% of the company’s stock.

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.