Callan Capital LLC Has $673,000 Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Callan Capital LLC increased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 9.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,589 shares of the semiconductor company’s stock after buying an additional 301 shares during the quarter. Callan Capital LLC’s holdings in Texas Instruments were worth $673,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Financial Life Planners bought a new stake in Texas Instruments during the 4th quarter worth approximately $26,000. Retirement Wealth Solutions LLC bought a new stake in Texas Instruments during the 4th quarter worth approximately $27,000. MidAtlantic Capital Management Inc. bought a new stake in Texas Instruments during the 3rd quarter worth approximately $28,000. Capital Performance Advisors LLP bought a new stake in Texas Instruments during the 3rd quarter worth approximately $39,000. Finally, FSA Wealth Management LLC bought a new stake in Texas Instruments during the 3rd quarter worth approximately $41,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TXN has been the topic of a number of analyst reports. Rosenblatt Securities reaffirmed a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a research note on Tuesday, January 21st. Benchmark reaffirmed a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Barclays reduced their price objective on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research note on Friday, January 24th. Mizuho reduced their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research note on Friday, January 24th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $209.20.

Texas Instruments Stock Performance

TXN opened at $202.00 on Friday. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The company’s fifty day moving average price is $188.44 and its two-hundred day moving average price is $197.42. Texas Instruments Incorporated has a 1-year low of $159.11 and a 1-year high of $220.38. The company has a market cap of $183.89 billion, a price-to-earnings ratio of 38.92, a PEG ratio of 3.30 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data 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 business earned $1.49 EPS. On average, analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were issued a $1.36 dividend. The ex-dividend date was Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.69%. Texas Instruments’s dividend payout ratio is currently 104.82%.

Insider Activity

In other news, Director Mark A. Blinn sold 590 shares of the stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the sale, the director now owns 11,717 shares in the company, valued at $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the transaction, the director now owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. The trade was 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 corporate 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.