Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Dempze Nancy E

Dempze Nancy E reduced its position in Texas Instruments Incorporated (NASDAQ:TXN) by 18.3% in the 4th quarter, Holdings Channel reports. The firm owned 1,780 shares of the semiconductor company’s stock after selling 400 shares during the quarter. Dempze Nancy E’s holdings in Texas Instruments were worth $334,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of Texas Instruments by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 93,567,277 shares of the semiconductor company’s stock worth $17,544,800,000 after buying an additional 649,620 shares in the last quarter. Geode Capital Management LLC lifted its stake in Texas Instruments by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 21,554,142 shares of the semiconductor company’s stock worth $4,032,599,000 after purchasing an additional 267,352 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Texas Instruments by 11.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 21,487,468 shares of the semiconductor company’s stock worth $4,029,115,000 after purchasing an additional 2,237,035 shares during the last quarter. Norges Bank purchased a new stake in shares of Texas Instruments in the fourth quarter valued at approximately $2,584,490,000. Finally, Alliancebernstein L.P. increased its holdings in shares of Texas Instruments by 6.9% in the fourth quarter. Alliancebernstein L.P. now owns 12,706,971 shares of the semiconductor company’s stock valued at $2,382,684,000 after purchasing an additional 822,797 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on TXN. Truist Financial dropped their target price on Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a report on Friday, January 24th. Rosenblatt Securities reissued a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a report on Tuesday, January 21st. Barclays cut 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 reiterated a “buy” rating and issued a $230.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a report on Friday, January 24th. Two investment 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. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $209.20.

Insiders Place Their Bets

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $203.62, for a total transaction 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. The trade was a 35.93 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman Richard K. Templeton sold 97,000 shares of the firm’s stock in a transaction on Friday, February 21st. The shares were 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 owns 409,089 shares in the company, valued at $82,930,522.08. The trade was a 19.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 297,655 shares of company stock worth $59,841,304 in the last quarter. 0.57% of the stock is owned by company insiders.

Texas Instruments Stock Down 7.8 %

Shares of NASDAQ:TXN opened at $151.39 on Friday. The firm has a market capitalization of $137.75 billion, a PE ratio of 29.17, a price-to-earnings-growth ratio of 3.30 and a beta of 0.99. Texas Instruments Incorporated has a 1 year low of $150.96 and a 1 year high of $220.39. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The firm’s 50-day moving average is $184.06 and its two-hundred day moving average is $193.71.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share 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 company posted $1.49 EPS. Analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were paid a dividend of $1.36 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 annualized dividend and a yield of 3.59%. Texas Instruments’s payout ratio is 104.82%.

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.