FourThought Financial Partners LLC trimmed its position in shares of Texas Instruments Incorporated (NASDAQ:TXN – Free Report) by 24.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 57,255 shares of the semiconductor company’s stock after selling 18,117 shares during the quarter. FourThought Financial Partners LLC’s holdings in Texas Instruments were worth $9,933,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. High Point Wealth Management LLC purchased a new position in shares of Texas Instruments during the 4th quarter valued at about $25,000. Strategic Wealth Investment Group LLC bought a new position in Texas Instruments during the 2nd quarter worth approximately $25,000. Ares Financial Consulting LLC bought a new position in Texas Instruments during the 4th quarter worth approximately $26,000. Grey Fox Wealth Advisors LLC bought a new position in Texas Instruments during the 3rd quarter worth approximately $29,000. Finally, Tucker Asset Management LLC bought a new position in Texas Instruments during the 4th quarter worth approximately $29,000. 84.99% of the stock is owned by hedge funds and other institutional investors.
Texas Instruments Price Performance
Shares of TXN stock opened at $304.88 on Thursday. The firm has a market cap of $277.47 billion, a P/E ratio of 52.21, a P/E/G ratio of 1.51 and a beta of 1.31. Texas Instruments Incorporated has a fifty-two week low of $152.73 and a fifty-two week high of $310.29. The business’s 50 day moving average price is $234.27 and its 200-day moving average price is $204.52. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.94 and a current ratio of 4.46.
Texas Instruments Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 19th. Stockholders of record on Tuesday, May 5th were given a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Tuesday, May 5th. Texas Instruments’s dividend payout ratio (DPR) is currently 97.26%.
Insider Transactions at Texas Instruments
In other news, VP Shanon J. Leonard sold 4,963 shares of Texas Instruments stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $295.22, for a total value of $1,465,176.86. Following the sale, the vice president directly owned 24,867 shares in the company, valued at approximately $7,341,235.74. This trade represents a 16.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Ahmad Bahai sold 5,000 shares of Texas Instruments stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $309.13, for a total value of $1,545,650.00. Following the completion of the sale, the vice president owned 42,519 shares in the company, valued at approximately $13,143,898.47. This represents a 10.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 303,475 shares of company stock worth $85,666,638. Corporate insiders own 0.60% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the company. BNP Paribas Exane upgraded Texas Instruments from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 22nd. Jefferies Financial Group raised their price target on Texas Instruments from $210.00 to $260.00 and gave the stock a “hold” rating in a research report on Thursday, April 23rd. Zacks Research upgraded Texas Instruments from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 24th. Sanford C. Bernstein restated a “market perform” rating and set a $205.00 price target on shares of Texas Instruments in a research report on Wednesday, January 28th. Finally, Stifel Nicolaus set a $340.00 price target on Texas Instruments in a research report on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, Texas Instruments has an average rating of “Hold” and an average price target of $263.65.
View Our Latest Analysis on TXN
Texas Instruments Company Profile
Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.
TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.
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