Tillman Hartley LLC Sells 68 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Tillman Hartley LLC lessened its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 3.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,703 shares of the semiconductor company’s stock after selling 68 shares during the period. Tillman Hartley LLC’s holdings in Texas Instruments were worth $319,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Promus Capital LLC bought a new position in Texas Instruments during the 4th quarter worth approximately $25,000. Financial Life Planners bought a new position in Texas Instruments during the 4th quarter worth approximately $26,000. Retirement Wealth Solutions LLC bought a new position in Texas Instruments during the 4th quarter worth approximately $27,000. MidAtlantic Capital Management Inc. bought a new position in Texas Instruments during the 3rd quarter worth approximately $28,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in Texas Instruments during the 4th quarter worth approximately $28,000. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

TXN opened at $175.70 on Thursday. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The company has a market capitalization of $159.87 billion, a price-to-earnings ratio of 33.85, a P/E/G ratio of 3.30 and a beta of 0.98. The firm’s fifty day moving average price is $189.16 and its two-hundred day moving average price is $196.85. Texas Instruments Incorporated has a 1 year low of $159.11 and a 1 year high of $220.38.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 posted $1.49 EPS. As a group, analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date was Friday, January 31st. Texas Instruments’s dividend payout ratio is 104.82%.

Analysts Set New Price Targets

Several research analysts have issued reports on TXN shares. Truist Financial lowered their price target on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a report on Friday, January 24th. Mizuho lowered their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research note on Friday, January 24th. Rosenblatt Securities reiterated a “buy” rating and issued a $250.00 price objective on shares of Texas Instruments in a research note on Tuesday, January 21st. Benchmark reiterated a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Finally, Cantor Fitzgerald reiterated 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 assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $209.20.

Insiders Place Their Bets

In related news, Chairman Richard K. Templeton sold 97,000 shares of the business’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $197.69, for a total value of $19,175,930.00. Following the transaction, the chairman now directly owns 409,089 shares of the company’s stock, valued at approximately $80,872,804.41. The trade was a 19.17 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the completion of the transaction, the director now directly owns 10,816 shares in the company, valued at $2,202,353.92. This trade represents a 35.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 297,655 shares of company stock valued at $59,841,304 in the last three months. 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.