Freedom Together Foundation Has $4.56 Million Position in Texas Instruments Incorporated (NASDAQ:TXN)

Freedom Together Foundation decreased its stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 80.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,325 shares of the semiconductor company's stock after selling 98,000 shares during the period. Texas Instruments makes up 0.5% of Freedom Together Foundation's portfolio, making the stock its 7th largest holding. Freedom Together Foundation's holdings in Texas Instruments were worth $4,561,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Promus Capital LLC acquired a new stake in Texas Instruments during the fourth quarter worth about $25,000. Financial Life Planners acquired a new stake in shares of Texas Instruments during the 4th quarter worth approximately $26,000. Retirement Wealth Solutions LLC bought a new stake in shares of Texas Instruments during the fourth quarter valued at approximately $27,000. Summit Securities Group LLC acquired a new position in shares of Texas Instruments in the fourth quarter valued at $27,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in Texas Instruments in the fourth quarter worth $28,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments 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 sale, the chairman now owns 409,089 shares of the company's stock, valued at $82,930,522.08. This trade represents a 19.17 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Janet F. Clark sold 6,065 shares of the business's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $203.62, for a total value of $1,234,955.30. Following the completion of the sale, the director now owns 10,816 shares in the company, valued at $2,202,353.92. The trade was a 35.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 297,065 shares of company stock valued at $59,734,685 over the last 90 days. 0.57% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. DZ Bank upgraded shares of Texas Instruments from a "sell" rating to a "hold" rating and set a $163.00 price objective for the company in a research note on Friday, April 25th. Wells Fargo & Company cut their price target on shares of Texas Instruments from $200.00 to $175.00 and set an "equal weight" rating for the company in a research note on Thursday, April 24th. UBS Group lowered their price objective on Texas Instruments from $225.00 to $215.00 and set a "buy" rating on the stock in a research note on Thursday, April 24th. Morgan Stanley restated an "underweight" rating and set a $148.00 target price (up previously from $146.00) on shares of Texas Instruments in a research report on Thursday, April 24th. Finally, Mizuho set a $170.00 price target on Texas Instruments in a research report on Thursday, April 24th. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $189.41.

Texas Instruments Stock Up 4.0 %

Shares of Texas Instruments stock opened at $172.27 on Friday. The business has a fifty day simple moving average of $167.29 and a 200 day simple moving average of $185.22. The stock has a market cap of $156.50 billion, a PE ratio of 33.19, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39.

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

Texas Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th will be issued a $1.36 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $5.44 annualized dividend and a dividend yield of 3.16%. Texas Instruments's dividend payout ratio (DPR) is currently 103.23%.

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.

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