Radnor Capital Management LLC Sells 2,295 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Radnor Capital Management LLC reduced its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 33.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,645 shares of the semiconductor company’s stock after selling 2,295 shares during the quarter. Radnor Capital Management LLC’s holdings in Texas Instruments were worth $871,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. MidAtlantic Capital Management Inc. acquired a new position in Texas Instruments in the 3rd quarter valued at about $28,000. Tsfg LLC boosted its holdings in shares of Texas Instruments by 82.0% during the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 82 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of Texas Instruments in the third quarter valued at approximately $39,000. FSA Wealth Management LLC bought a new position in shares of Texas Instruments during the third quarter worth approximately $41,000. Finally, McClarren Financial Advisors Inc. acquired a new stake in Texas Instruments during the 3rd quarter worth approximately $43,000. 84.99% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Texas Instruments news, Director Robert E. Sanchez sold 9,990 shares of Texas Instruments stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the transaction, the director now directly owns 20,461 shares of the company’s stock, valued at approximately $4,272,256.80. The trade was a 32.81 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ronald Kirk sold 10,539 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total value of $2,142,894.87. Following the completion of the sale, the director now directly owns 14,323 shares of the company’s stock, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Truist Financial lowered their price objective on Texas Instruments from $198.00 to $190.00 and set a “hold” rating on the stock in a research report on Wednesday, October 23rd. Wells Fargo & Company dropped their price objective on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research note on Monday. Cantor Fitzgerald restated a “neutral” rating and set a $200.00 target price on shares of Texas Instruments in a research report on Wednesday, October 23rd. Evercore ISI lifted their price target on shares of Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research report on Wednesday, October 23rd. Finally, Summit Insights raised Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $209.71.

Texas Instruments Stock Up 2.1 %

Shares of NASDAQ:TXN opened at $197.51 on Thursday. Texas Instruments Incorporated has a 52-week low of $155.46 and a 52-week high of $220.38. The company has a market capitalization of $180.17 billion, a PE ratio of 36.71, a price-to-earnings-growth ratio of 3.69 and a beta of 0.98. The company has a debt-to-equity ratio of 0.74, a quick ratio of 3.14 and a current ratio of 4.31. The company has a fifty day moving average of $196.30 and a 200-day moving average of $199.76.

Texas Instruments (NASDAQ:TXN) last issued its earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.38 by $0.09. The business had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.12 billion. Texas Instruments had a return on equity of 29.05% and a net margin of 31.60%. The business’s revenue for the quarter was down 8.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.80 EPS. On average, equities analysts predict that Texas Instruments Incorporated will post 5.08 EPS for the current fiscal year.

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.