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

Schechter Investment Advisors LLC lowered its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 9.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,491 shares of the semiconductor company’s stock after selling 791 shares during the quarter. Schechter Investment Advisors LLC’s holdings in Texas Instruments were worth $1,277,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in TXN. Annapolis Financial Services LLC raised its holdings in shares of Texas Instruments by 333.3% during the third quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 120 shares during the last quarter. Briaud Financial Planning Inc acquired a new position in shares of Texas Instruments during the third quarter valued at approximately $25,000. Riverview Trust Co raised its holdings in shares of Texas Instruments by 57.4% during the third quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 66 shares during the last quarter. Coppell Advisory Solutions Corp. acquired a new position in shares of Texas Instruments during the fourth quarter valued at approximately $30,000. Finally, AMH Equity Ltd acquired a new position in shares of Texas Instruments during the third quarter valued at approximately $32,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Buying and Selling

In related news, Director Mark A. Blinn sold 1,744 shares of the firm’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total transaction of $278,778.40. Following the transaction, the director now owns 11,693 shares of the company’s stock, valued at $1,869,126.05. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.68% of the company’s stock.

Wall Street Analyst Weigh In

TXN has been the subject of a number of analyst reports. Morgan Stanley upped their price target on Texas Instruments from $138.00 to $146.00 and gave the company an “underweight” rating in a research report on Wednesday, January 24th. TD Cowen upped their price target on Texas Instruments from $145.00 to $160.00 and gave the company a “market perform” rating in a research report on Wednesday, January 24th. Truist Financial dropped their price target on Texas Instruments from $166.00 to $165.00 and set a “hold” rating for the company in a research report on Friday, February 9th. Susquehanna dropped their price target on Texas Instruments from $205.00 to $200.00 and set a “positive” rating for the company in a research report on Wednesday, January 24th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $190.00 price target on shares of Texas Instruments in a research report on Tuesday, January 23rd. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $173.89.

Texas Instruments Stock Up 3.0 %

TXN opened at $172.87 on Thursday. The business’s 50-day simple moving average is $166.42 and its 200-day simple moving average is $160.78. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.35 and a current ratio of 4.55. Texas Instruments Incorporated has a one year low of $139.48 and a one year high of $188.12. The stock has a market capitalization of $157.32 billion, a P/E ratio of 24.49, a price-to-earnings-growth ratio of 3.61 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last posted its earnings results on Monday, January 22nd. The semiconductor company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.46 by $0.03. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The business had revenue of $4.08 billion for the quarter, compared to analysts’ expectations of $4.12 billion. During the same quarter in the previous year, the firm earned $2.13 earnings per share. The business’s revenue was down 12.7% compared to the same quarter last year. Analysts anticipate that Texas Instruments Incorporated will post 5.16 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 13th. Investors of record on Wednesday, January 31st were issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 3.01%. The ex-dividend date of this dividend was Tuesday, January 30th. Texas Instruments’s dividend payout ratio is currently 73.65%.

Texas Instruments 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.