Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Diversified Trust Co

Diversified Trust Co decreased its holdings in Texas Instruments Incorporated (NASDAQ:TXNFree Report) by 5.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,041 shares of the semiconductor company’s stock after selling 470 shares during the period. Diversified Trust Co’s holdings in Texas Instruments were worth $1,371,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. AXQ Capital LP boosted its position in shares of Texas Instruments by 64.3% during the 3rd quarter. AXQ Capital LP now owns 4,600 shares of the semiconductor company’s stock worth $731,000 after purchasing an additional 1,800 shares during the period. First National Bank of Mount Dora Trust Investment Services boosted its position in shares of Texas Instruments by 0.4% during the 4th quarter. First National Bank of Mount Dora Trust Investment Services now owns 42,134 shares of the semiconductor company’s stock worth $7,182,000 after purchasing an additional 155 shares during the period. Verdence Capital Advisors LLC boosted its position in shares of Texas Instruments by 39.9% during the 3rd quarter. Verdence Capital Advisors LLC now owns 8,405 shares of the semiconductor company’s stock worth $1,336,000 after purchasing an additional 2,397 shares during the period. Kestra Advisory Services LLC boosted its position in shares of Texas Instruments by 4.9% during the 3rd quarter. Kestra Advisory Services LLC now owns 121,907 shares of the semiconductor company’s stock worth $19,384,000 after purchasing an additional 5,673 shares during the period. Finally, Vanguard Group Inc. boosted its position in shares of Texas Instruments by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 88,862,201 shares of the semiconductor company’s stock worth $14,129,979,000 after purchasing an additional 458,853 shares during the period. Institutional investors and hedge funds own 83.37% of the company’s stock.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $172.52 on Monday. The company’s fifty day moving average price is $165.90 and its 200 day moving average price is $160.67. Texas Instruments Incorporated has a 12 month low of $139.48 and a 12 month high of $188.12. The company has a debt-to-equity ratio of 0.63, a current ratio of 4.55 and a quick ratio of 3.35. The firm has a market capitalization of $157.00 billion, a P/E ratio of 24.44, a P/E/G ratio of 3.71 and a beta of 1.04.

Texas Instruments (NASDAQ:TXNGet Free Report) last announced its quarterly earnings results on Monday, January 22nd. The semiconductor company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.46 by $0.03. Texas Instruments had a net margin of 37.16% and a return on equity of 39.96%. The firm had revenue of $4.08 billion for the quarter, compared to analyst estimates of $4.12 billion. During the same period last year, the business earned $2.13 EPS. Texas Instruments’s revenue for the quarter was down 12.7% compared to the same quarter last year. As a group, sell-side analysts predict that Texas Instruments Incorporated will post 5.16 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 13th. Stockholders of record on Wednesday, January 31st were paid a dividend of $1.30 per share. The ex-dividend date was Tuesday, January 30th. This represents a $5.20 annualized dividend and a dividend yield of 3.01%. Texas Instruments’s dividend payout ratio (DPR) is 73.65%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. UBS Group raised shares of Texas Instruments from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $170.00 to $195.00 in a research report on Friday, January 19th. TD Cowen raised their price target on shares of Texas Instruments from $145.00 to $160.00 and gave the company a “market perform” rating in a research report on Wednesday, January 24th. Cantor Fitzgerald reissued a “neutral” rating and issued a $170.00 price target on shares of Texas Instruments in a research report on Monday, March 4th. KeyCorp raised their price target on shares of Texas Instruments from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, January 24th. Finally, Morgan Stanley raised their price target on shares of Texas Instruments from $138.00 to $146.00 and gave the company an “underweight” rating in a research report on Wednesday, January 24th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, Texas Instruments presently has an average rating of “Hold” and a consensus target price of $173.89.

View Our Latest Research Report on Texas Instruments

Insider Transactions at Texas Instruments

In other news, Director Mark A. Blinn sold 1,744 shares of the stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total transaction of $278,778.40. Following the completion of the sale, the director now owns 11,693 shares in the company, valued at $1,869,126.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.54% of the company’s stock.

Texas Instruments Profile

(Free Report)

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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Institutional Ownership by Quarter for Texas Instruments (NASDAQ:TXN)

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