Texas Instruments Incorporated (NASDAQ:TXN) Holdings Decreased by Moore Capital Management LP

Moore Capital Management LP decreased its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 8.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,000 shares of the semiconductor company's stock after selling 4,600 shares during the quarter. Moore Capital Management LP's holdings in Texas Instruments were worth $9,376,000 as of its most recent SEC filing.

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

Texas Instruments Price Performance

NASDAQ:TXN traded up $0.49 during trading hours on Thursday, hitting $187.83. The company's stock had a trading volume of 5,531,084 shares, compared to its average volume of 6,297,010. 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 Incorporated has a 52-week low of $139.95 and a 52-week high of $220.39. The company has a market capitalization of $170.64 billion, a PE ratio of 36.19, a PEG ratio of 3.30 and a beta of 0.97. The business's 50-day moving average is $167.04 and its two-hundred day moving average is $184.86.

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

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th were issued a dividend of $1.36 per share. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $5.44 annualized dividend and a dividend yield of 2.90%. Texas Instruments's payout ratio is currently 103.23%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Truist Financial reduced their price target on shares of Texas Instruments from $195.00 to $171.00 and set a "hold" rating for the company in a research report on Thursday, April 24th. UBS Group reduced their target price on Texas Instruments from $225.00 to $215.00 and set a "buy" rating for the company in a report on Thursday, April 24th. Seaport Res Ptn upgraded Texas Instruments to a "strong sell" rating in a research note on Wednesday, April 30th. KeyCorp reduced their price objective on Texas Instruments from $250.00 to $215.00 and set an "overweight" rating for the company in a research note on Thursday, April 24th. Finally, Benchmark lowered their target price on shares of Texas Instruments from $230.00 to $200.00 and set a "buy" rating on the stock in a research report on Thursday, April 24th. Four research 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. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $189.41.

Insider Transactions at Texas Instruments

In other news, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $197.69, for a total value of $19,175,930.00. Following the completion of the transaction, the chairman now directly owns 409,089 shares of the company's stock, valued at approximately $80,872,804.41. The trade was a 19.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of the company'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 transaction, the director now directly owns 10,816 shares of the company's stock, valued at $2,202,353.92. This trade represents a 35.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 297,065 shares of company stock valued at $59,734,685. Corporate insiders own 0.57% of the company's stock.

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.