Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Hamilton Point Investment Advisors LLC

Hamilton Point Investment Advisors LLC decreased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 49.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,337 shares of the semiconductor company's stock after selling 21,069 shares during the quarter. Hamilton Point Investment Advisors LLC's holdings in Texas Instruments were worth $3,834,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its holdings in Texas Instruments by 33.4% in the 4th quarter. Brighton Jones LLC now owns 16,840 shares of the semiconductor company's stock worth $3,158,000 after buying an additional 4,218 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its holdings in Texas Instruments by 14.8% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 138,350 shares of the semiconductor company's stock worth $25,942,000 after buying an additional 17,840 shares in the last quarter. Modern Wealth Management LLC lifted its holdings in Texas Instruments by 150.1% in the 4th quarter. Modern Wealth Management LLC now owns 13,466 shares of the semiconductor company's stock worth $2,428,000 after buying an additional 8,081 shares in the last quarter. Ashton Thomas Securities LLC lifted its holdings in Texas Instruments by 38.7% in the 4th quarter. Ashton Thomas Securities LLC now owns 1,513 shares of the semiconductor company's stock worth $285,000 after buying an additional 422 shares in the last quarter. Finally, Zions Bancorporation N.A. lifted its holdings in Texas Instruments by 9.7% in the 4th quarter. Zions Bancorporation N.A. now owns 1,985 shares of the semiconductor company's stock worth $372,000 after buying an additional 175 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on TXN. TD Cowen cut their price objective on shares of Texas Instruments from $245.00 to $230.00 and set a "buy" rating on the stock in a report on Wednesday. Seaport Res Ptn upgraded shares of Texas Instruments from a "strong sell" rating to a "hold" rating in a report on Monday, July 21st. Truist Financial boosted their price objective on shares of Texas Instruments from $171.00 to $196.00 and gave the stock a "hold" rating in a report on Wednesday. KeyCorp boosted their target price on shares of Texas Instruments from $215.00 to $240.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. Finally, UBS Group set a $255.00 target price on shares of Texas Instruments in a research report on Tuesday. Four research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Texas Instruments has a consensus rating of "Hold" and an average price target of $211.40.

Texas Instruments Stock Performance

NASDAQ TXN traded down $0.70 on Friday, hitting $184.99. The stock had a trading volume of 7,026,213 shares, compared to its average volume of 6,968,143. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $221.69. The company has a quick ratio of 3.37, a current ratio of 5.81 and a debt-to-equity ratio of 0.86. The stock has a market cap of $168.06 billion, a price-to-earnings ratio of 33.88, a P/E/G ratio of 3.06 and a beta of 1.03. The company's 50-day moving average is $200.30 and its two-hundred day moving average is $185.52.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The semiconductor company reported $1.41 EPS for the quarter, topping the consensus estimate of $1.32 by $0.09. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The firm had revenue of $4.45 billion during the quarter, compared to analysts' expectations of $4.31 billion. During the same quarter in the prior year, the firm earned $1.17 EPS. Texas Instruments's quarterly revenue was up 16.4% on a year-over-year basis. On average, analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 12th. Stockholders of record on Thursday, July 31st will be paid a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date of this dividend is Thursday, July 31st. Texas Instruments's dividend payout ratio is currently 99.63%.

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.