Motley Fool Wealth Management LLC Sells 947 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Motley Fool Wealth Management LLC decreased its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 7.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,380 shares of the semiconductor company’s stock after selling 947 shares during the period. Motley Fool Wealth Management LLC’s holdings in Texas Instruments were worth $2,105,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of TXN. Morgan Stanley grew its holdings in shares of Texas Instruments by 14.2% in the 3rd quarter. Morgan Stanley now owns 14,154,358 shares of the semiconductor company’s stock valued at $2,250,685,000 after acquiring an additional 1,755,582 shares in the last quarter. California Public Employees Retirement System grew its holdings in shares of Texas Instruments by 33.2% in the 4th quarter. California Public Employees Retirement System now owns 6,035,704 shares of the semiconductor company’s stock valued at $1,028,846,000 after acquiring an additional 1,502,989 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Texas Instruments by 565.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,693,577 shares of the semiconductor company’s stock valued at $288,687,000 after acquiring an additional 1,439,066 shares in the last quarter. Baillie Gifford & Co. grew its holdings in shares of Texas Instruments by 338.4% in the 4th quarter. Baillie Gifford & Co. now owns 1,795,191 shares of the semiconductor company’s stock valued at $306,008,000 after acquiring an additional 1,385,725 shares in the last quarter. Finally, J.P. Morgan Private Wealth Advisors LLC bought a new position in shares of Texas Instruments in the 3rd quarter valued at about $196,135,000. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

TXN traded up $2.23 during trading on Friday, hitting $177.48. 5,401,860 shares of the stock traded hands, compared to its average volume of 5,477,503. Texas Instruments Incorporated has a twelve month low of $139.48 and a twelve month high of $188.12. The company has a market cap of $161.59 billion, a price-to-earnings ratio of 27.69, a PEG ratio of 3.75 and a beta of 1.04. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.91 and a quick ratio of 3.35. The business has a 50 day moving average price of $169.29 and a 200 day moving average price of $162.22.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Tuesday, April 23rd. The semiconductor company reported $1.20 EPS for the quarter, beating the consensus estimate of $1.07 by $0.13. Texas Instruments had a net margin of 35.16% and a return on equity of 35.28%. The business had revenue of $3.66 billion during the quarter, compared to the consensus estimate of $3.61 billion. During the same period in the previous year, the business earned $1.85 earnings per share. The company’s revenue was down 16.4% on a year-over-year basis. Equities research analysts forecast that Texas Instruments Incorporated will post 5.2 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Wednesday, May 8th will be paid a dividend of $1.30 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.93%. Texas Instruments’s payout ratio is presently 81.12%.

Insiders Place Their Bets

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the business’s stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total transaction of $278,778.40. Following the sale, the director now owns 11,693 shares of the company’s stock, valued at $1,869,126.05. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.68% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on TXN. Barclays reduced their price target on Texas Instruments from $160.00 to $150.00 and set an “equal weight” rating for the company in a report on Wednesday, January 24th. Cantor Fitzgerald reiterated a “neutral” rating and set a $180.00 price target on shares of Texas Instruments in a report on Wednesday. Rosenblatt Securities reiterated a “buy” rating and set a $210.00 price target on shares of Texas Instruments in a report on Wednesday. Susquehanna lifted their price target on Texas Instruments from $200.00 to $205.00 and gave the stock a “positive” rating in a report on Wednesday. Finally, Truist Financial lifted their price target on Texas Instruments from $165.00 to $167.00 and gave the stock a “hold” rating in a report on Wednesday. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $180.74.

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.