Seven Mile Advisory Has $410,000 Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Seven Mile Advisory trimmed its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 20.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,186 shares of the semiconductor company’s stock after selling 561 shares during the period. Seven Mile Advisory’s holdings in Texas Instruments were worth $410,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Promus Capital LLC acquired a new stake in shares of Texas Instruments in the fourth quarter valued at approximately $25,000. Financial Life Planners acquired a new stake in shares of Texas Instruments in the 4th quarter valued at $26,000. Retirement Wealth Solutions LLC bought a new stake in shares of Texas Instruments during the fourth quarter worth $27,000. Summit Securities Group LLC acquired a new position in shares of Texas Instruments during the fourth quarter valued at $27,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in Texas Instruments in the fourth quarter valued at about $28,000. Institutional investors own 84.99% of the company’s stock.

Analysts Set New Price Targets

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

Insider Activity

In related news, Chairman Richard K. Templeton sold 97,000 shares of the business’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $202.72, for a total value of $19,663,840.00. Following the completion of the transaction, the chairman now owns 409,089 shares of the company’s stock, valued at $82,930,522.08. The trade was a 19.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Janet F. Clark sold 6,065 shares of the firm’s stock in a transaction dated Monday, February 24th. The shares were 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 approximately $2,202,353.92. This represents a 35.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 297,655 shares of company stock worth $59,841,304. Corporate insiders own 0.57% of the company’s stock.

Texas Instruments Trading Down 2.5 %

Shares of NASDAQ:TXN opened at $176.33 on Monday. Texas Instruments Incorporated has a 12-month low of $159.11 and a 12-month high of $220.39. The business has a 50 day moving average of $186.45 and a 200-day moving average of $194.62. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The stock has a market cap of $160.45 billion, a PE ratio of 33.97, a P/E/G ratio of 3.30 and a beta of 0.98.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results 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 return on equity of 28.08% and a net margin of 30.68%. During the same period in the prior year, the firm posted $1.49 earnings per share. As a group, equities research analysts forecast that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were issued a dividend of $1.36 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 3.09%. Texas Instruments’s dividend payout ratio is presently 104.82%.

About Texas Instruments

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.