Shufro Rose & Co. LLC Sells 1,431 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Shufro Rose & Co. LLC decreased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 1.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 128,702 shares of the semiconductor company's stock after selling 1,431 shares during the quarter. Texas Instruments accounts for about 1.9% of Shufro Rose & Co. LLC's investment portfolio, making the stock its 18th biggest position. Shufro Rose & Co. LLC's holdings in Texas Instruments were worth $24,133,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in TXN. Promus Capital LLC bought a new position in Texas Instruments in the fourth quarter worth $25,000. Financial Life Planners acquired a new position in shares of Texas Instruments in the 4th quarter valued at $26,000. Summit Securities Group LLC bought a new position in shares of Texas Instruments during the 4th quarter worth about $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Texas Instruments during the 4th quarter valued at about $28,000. Finally, Atala Financial Inc bought a new stake in Texas Instruments in the fourth quarter valued at about $37,000. Institutional investors and hedge funds own 84.99% of the company's stock.

Texas Instruments Trading Up 0.5%

TXN traded up $0.91 during mid-day trading on Wednesday, reaching $184.15. The stock had a trading volume of 5,740,319 shares, compared to its average volume of 6,312,685. The firm's fifty day simple moving average is $167.91 and its two-hundred day simple moving average is $183.11. The stock has a market capitalization of $167.30 billion, a P/E ratio of 35.48, a P/E/G ratio of 3.30 and a beta of 0.97. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $220.39. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.22. The firm had revenue of $4.07 billion during the quarter, compared to analysts' expectations of $3.91 billion. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The company's quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the business posted $1.10 EPS. On average, equities analysts predict that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th were issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date of this dividend was Wednesday, April 30th. Texas Instruments's dividend payout ratio is presently 103.23%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on TXN shares. Stifel Nicolaus dropped their price target on shares of Texas Instruments from $200.00 to $160.00 and set a "hold" rating for the company in a research report on Thursday, April 17th. Summit Insights lowered Texas Instruments from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Truist Financial dropped their target price on Texas Instruments from $195.00 to $171.00 and set a "hold" rating for the company in a report on Thursday, April 24th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $216.00 price target on shares of Texas Instruments in a research note on Thursday, April 24th. Finally, Citigroup lowered their price target on Texas Instruments from $235.00 to $210.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $189.41.

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.