Texas Instruments Incorporated (NASDAQ:TXN) Shares Bought by Captrust Financial Advisors

Captrust Financial Advisors lifted its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 5.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 101,324 shares of the semiconductor company's stock after buying an additional 5,680 shares during the period. Captrust Financial Advisors' holdings in Texas Instruments were worth $18,999,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bangor Savings Bank lifted its position in shares of Texas Instruments by 13.7% during the fourth quarter. Bangor Savings Bank now owns 812 shares of the semiconductor company's stock worth $152,000 after purchasing an additional 98 shares in the last quarter. Worth Asset Management LLC boosted its position in Texas Instruments by 14.5% in the 4th quarter. Worth Asset Management LLC now owns 4,936 shares of the semiconductor company's stock valued at $926,000 after buying an additional 626 shares during the period. Douglas Lane & Associates LLC grew its stake in shares of Texas Instruments by 6.5% in the fourth quarter. Douglas Lane & Associates LLC now owns 1,947 shares of the semiconductor company's stock worth $365,000 after acquiring an additional 118 shares in the last quarter. Farmers Trust Co. increased its holdings in Texas Instruments by 18.0% during the 4th quarter. Farmers Trust Co. now owns 1,718 shares of the semiconductor company's stock worth $322,000 after purchasing an additional 262 shares during the period. Finally, First Hawaiian Bank increased its stake in shares of Texas Instruments by 7.5% during the fourth quarter. First Hawaiian Bank now owns 6,782 shares of the semiconductor company's stock worth $1,272,000 after buying an additional 474 shares during the period. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Texas Instruments Stock Down 0.8 %

TXN stock opened at $161.09 on Wednesday. Texas Instruments Incorporated has a 52 week low of $139.95 and a 52 week high of $220.39. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The company has a market cap of $146.35 billion, a P/E ratio of 31.04, a P/E/G ratio of 3.30 and a beta of 0.97. The company's 50-day moving average price is $168.95 and its 200 day moving average price is $185.72.

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. The firm had revenue of $4.07 billion during 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%. Texas Instruments's quarterly revenue was up 11.1% on a year-over-year basis. During the same period last year, the business posted $1.10 EPS. On average, 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 will be paid on Tuesday, May 13th. Shareholders of record on Wednesday, April 30th will be issued a dividend of $1.36 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $5.44 annualized dividend and a yield of 3.38%. Texas Instruments's dividend payout ratio (DPR) is currently 103.23%.

Insiders Place Their Bets

In other news, Director Janet F. Clark sold 6,065 shares of the company's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the completion of the sale, the director now directly owns 10,816 shares in the company, valued at $2,202,353.92. This represents a 35.93 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments stock in a transaction on 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 owns 409,089 shares in the company, valued at $80,872,804.41. The trade was a 19.17 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 297,065 shares of company stock worth $59,734,685. Insiders own 0.57% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on TXN shares. Baird R W upgraded shares of Texas Instruments from a "hold" rating to a "strong-buy" rating in a report on Monday, April 7th. Truist Financial lowered their price objective on Texas Instruments from $195.00 to $171.00 and set a "hold" rating for the company in a research report on Thursday, April 24th. Mizuho set a $170.00 target price on Texas Instruments in a research report on Thursday, April 24th. Citigroup lowered their price target on Texas Instruments from $235.00 to $210.00 and set a "buy" rating for the company in a report on Friday, April 11th. Finally, Argus upgraded shares of Texas Instruments to a "strong-buy" rating in a research report on Friday, April 25th. 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 stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price 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.

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