Texas Instruments Incorporated (NASDAQ:TXN) Holdings Reduced by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lowered its position in Texas Instruments Incorporated (NASDAQ:TXN) by 3.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,281 shares of the semiconductor company’s stock after selling 566 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Texas Instruments were worth $3,428,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Financial Life Planners bought a new position in Texas Instruments in the 4th quarter valued at about $26,000. Retirement Wealth Solutions LLC bought a new stake in shares of Texas Instruments during the 4th quarter worth about $27,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of Texas Instruments in the 3rd quarter worth approximately $28,000. Capital Performance Advisors LLP bought a new position in shares of Texas Instruments in the third quarter valued at approximately $39,000. Finally, FSA Wealth Management LLC acquired a new position in shares of Texas Instruments during the third quarter valued at approximately $41,000. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $203.96 on Friday. The company has a market cap of $185.67 billion, a P/E ratio of 39.30, a price-to-earnings-growth ratio of 3.17 and a beta of 0.97. The company’s fifty day moving average is $188.23 and its two-hundred day moving average is $197.27. 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 Incorporated has a 12-month low of $159.11 and a 12-month high of $220.38.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating the consensus estimate 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 quarter last year, the business earned $1.49 EPS. Equities analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were issued a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 2.67%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 104.82%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Barclays cut their target price on 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. Wells Fargo & Company decreased their target price on 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. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Rosenblatt Securities reissued a “buy” rating and issued a $250.00 price target on shares of Texas Instruments in a report on Tuesday, January 21st. Finally, Truist Financial reduced their price objective on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” 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 issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $209.20.

Insider Activity at Texas Instruments

In related news, Director Mark A. Blinn sold 590 shares of Texas Instruments stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total transaction of $106,618.90. Following the completion of the sale, the director now owns 11,717 shares of the company’s stock, valued at approximately $2,117,379.07. This trade represents a 4.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction dated 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 completion of 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 disclosure for this sale can be found here. 0.68% of the stock is currently owned by insiders.

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.