Texas Instruments Incorporated (NASDAQ:TXN) Stock Holdings Cut by Baltimore Washington Financial Advisors Inc.

Baltimore Washington Financial Advisors Inc. cut its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 0.6% during the 4th quarter, Holdings Channel reports. The firm owned 67,612 shares of the semiconductor company’s stock after selling 403 shares during the period. Baltimore Washington Financial Advisors Inc.’s holdings in Texas Instruments were worth $12,678,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Czech National Bank boosted its holdings in Texas Instruments by 7.2% during the third quarter. Czech National Bank now owns 185,997 shares of the semiconductor company’s stock worth $38,421,000 after buying an additional 12,496 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Texas Instruments by 19.5% during the 3rd quarter. GAMMA Investing LLC now owns 15,519 shares of the semiconductor company’s stock worth $3,206,000 after acquiring an additional 2,532 shares in the last quarter. Azzad Asset Management Inc. ADV grew its holdings in shares of Texas Instruments by 1.5% in the 3rd quarter. Azzad Asset Management Inc. ADV now owns 12,586 shares of the semiconductor company’s stock worth $2,600,000 after acquiring an additional 188 shares during the last quarter. Diversified Trust Co raised its position in shares of Texas Instruments by 30.3% during the third quarter. Diversified Trust Co now owns 8,746 shares of the semiconductor company’s stock worth $1,807,000 after purchasing an additional 2,033 shares during the period. Finally, Miracle Mile Advisors LLC lifted its holdings in shares of Texas Instruments by 13.7% during the third quarter. Miracle Mile Advisors LLC now owns 9,830 shares of the semiconductor company’s stock valued at $2,031,000 after purchasing an additional 1,183 shares during the last quarter. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

NASDAQ TXN opened at $180.94 on Tuesday. The company has a 50 day moving average price of $191.69 and a two-hundred day moving average price of $198.75. Texas Instruments Incorporated has a 12-month low of $155.46 and a 12-month high of $220.38. The stock has a market capitalization of $165.06 billion, a PE ratio of 34.86, a price-to-earnings-growth ratio of 2.94 and a beta of 0.97. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating 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 period last year, the firm posted $1.49 earnings per share. As a group, equities analysts predict that Texas Instruments Incorporated will post 5.42 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st will be issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a dividend yield of 3.01%. The ex-dividend date of this dividend is Friday, January 31st. Texas Instruments’s dividend payout ratio is 104.82%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on TXN shares. Evercore ISI boosted their price objective on Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Benchmark restated a “buy” rating and set a $230.00 price target on shares of Texas Instruments in a report on Friday, January 24th. Barclays decreased 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 note on Friday, January 24th. Truist Financial cut their target price on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating on the stock in a research note on Friday, January 24th. Finally, Mizuho decreased their target price on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research 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 given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $209.20.

Insider Activity at Texas Instruments

In related news, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction on Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following the transaction, the director now owns 14,323 shares in the company, valued at $2,912,295.59. This trade represents a 42.39 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.68% of the stock is owned by company insiders.

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.