LMR Partners LLP Has $631,000 Stake in Texas Instruments Incorporated (NASDAQ:TXN)

LMR Partners LLP cut its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 74.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,365 shares of the semiconductor company's stock after selling 9,675 shares during the period. LMR Partners LLP's holdings in Texas Instruments were worth $631,000 as of its most recent filing with the SEC.

Other large 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 fourth quarter valued at approximately $26,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Texas Instruments in the fourth quarter valued at approximately $27,000. Summit Securities Group LLC acquired a new stake in shares of Texas Instruments in the fourth quarter valued at approximately $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Texas Instruments in the fourth quarter valued at approximately $28,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Texas Instruments Price Performance

Texas Instruments stock traded up $0.67 during mid-day trading on Friday, reaching $188.50. 4,504,011 shares of the company were exchanged, compared to its average volume of 6,293,599. The company has a fifty day simple moving average of $167.29 and a 200-day simple moving average of $184.58. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. 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 firm has a market cap of $171.25 billion, a PE ratio of 36.32, a PEG ratio of 3.30 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The semiconductor company reported $1.28 earnings per share for the quarter, beating analysts' consensus estimates of $1.06 by $0.22. The firm had revenue of $4.07 billion for the quarter, compared to the consensus estimate 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 was up 11.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.10 EPS. As a group, equities research analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal 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 $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date was Wednesday, April 30th. Texas Instruments's dividend payout ratio is presently 103.23%.

Insider Buying and Selling at Texas Instruments

In related news, Chairman Richard K. Templeton sold 97,000 shares of the firm's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $202.68, for a total transaction of $19,659,960.00. Following the sale, the chairman now owns 409,089 shares of the company's stock, valued at $82,914,158.52. This trade represents a 19.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of the firm's stock in a transaction 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 sale, the director now directly owns 10,816 shares in the company, valued at approximately $2,202,353.92. This trade represents a 35.93% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 297,065 shares of company stock valued at $59,734,685. 0.57% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on TXN shares. UBS Group cut their price objective on Texas Instruments from $225.00 to $215.00 and set a "buy" rating for the company in a research report on Thursday, April 24th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $216.00 price objective on shares of Texas Instruments in a research report on Thursday, April 24th. Baird R W raised Texas Instruments from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 7th. Wells Fargo & Company lowered their target price on Texas Instruments from $200.00 to $175.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 24th. Finally, Argus upgraded Texas Instruments to a "strong-buy" rating in a research note on Friday, April 25th. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $189.41.

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.