Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Weaver Capital Management LLC

Weaver Capital Management LLC reduced its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 3.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,035 shares of the semiconductor company’s stock after selling 151 shares during the period. Weaver Capital Management LLC’s holdings in Texas Instruments were worth $757,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Win Advisors Inc. acquired a new stake in shares of Texas Instruments during the fourth quarter valued at about $1,006,000. Stratos Wealth Advisors LLC grew its stake in shares of Texas Instruments by 10.8% during the fourth quarter. Stratos Wealth Advisors LLC now owns 1,340 shares of the semiconductor company’s stock valued at $251,000 after acquiring an additional 131 shares in the last quarter. Stratos Wealth Partners LTD. grew its stake in shares of Texas Instruments by 3.4% during the fourth quarter. Stratos Wealth Partners LTD. now owns 47,918 shares of the semiconductor company’s stock valued at $8,985,000 after acquiring an additional 1,564 shares in the last quarter. Paragon Capital Management Inc. grew its stake in shares of Texas Instruments by 39.3% during the fourth quarter. Paragon Capital Management Inc. now owns 5,034 shares of the semiconductor company’s stock valued at $944,000 after acquiring an additional 1,419 shares in the last quarter. Finally, Sargent Investment Group LLC bought a new position in shares of Texas Instruments during the fourth quarter worth about $426,000. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the transaction, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.68% of the company’s stock.

Texas Instruments Price Performance

NASDAQ TXN opened at $180.56 on Wednesday. Texas Instruments Incorporated has a 12 month low of $155.46 and a 12 month high of $220.38. 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 capitalization of $164.71 billion, a PE ratio of 34.79, a P/E/G ratio of 2.94 and a beta of 0.97. The company’s 50 day simple moving average is $191.25 and its 200 day simple moving average is $198.57.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same period last year, the business earned $1.49 EPS. As a group, equities research analysts forecast that Texas Instruments Incorporated will post 5.42 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st will be given a $1.36 dividend. The ex-dividend date is Friday, January 31st. This represents a $5.44 annualized dividend and a yield of 3.01%. Texas Instruments’s dividend payout ratio (DPR) is 104.82%.

Analysts Set New Price Targets

TXN has been the topic of several research analyst reports. Summit Insights raised shares of Texas Instruments from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. Barclays reduced their price target on shares of Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research report on Friday, January 24th. Susquehanna cut their target price on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a report on Monday, October 21st. Bank of America cut their target price on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Finally, Morgan Stanley raised their target price on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a report on Wednesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $209.20.

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.