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

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

Several other hedge funds and other institutional investors have also recently made changes to their positions in TXN. Czech National Bank boosted its position in shares of Texas Instruments by 7.2% during the third quarter. Czech National Bank now owns 185,997 shares of the semiconductor company’s stock worth $38,421,000 after buying an additional 12,496 shares during the period. Azzad Asset Management Inc. ADV raised its stake in Texas Instruments by 1.5% in the third quarter. Azzad Asset Management Inc. ADV now owns 12,586 shares of the semiconductor company’s stock valued at $2,600,000 after buying an additional 188 shares in the last quarter. Diversified Trust Co increased its position in shares of Texas Instruments by 30.3% during the third quarter. Diversified Trust Co now owns 8,746 shares of the semiconductor company’s stock worth $1,807,000 after purchasing an additional 2,033 shares in the last quarter. Miracle Mile Advisors LLC increased its position in shares of Texas Instruments by 13.7% during the third quarter. Miracle Mile Advisors LLC now owns 9,830 shares of the semiconductor company’s stock worth $2,031,000 after purchasing an additional 1,183 shares in the last quarter. Finally, Fulton Bank N.A. increased its position in shares of Texas Instruments by 1.3% during the third quarter. Fulton Bank N.A. now owns 7,466 shares of the semiconductor company’s stock worth $1,542,000 after purchasing an additional 93 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Buying and Selling

In related news, Director Ronald Kirk sold 10,539 shares of the stock in a transaction on Monday, November 25th. The stock was 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 in the company, valued at approximately $2,912,295.59. This represents a 42.39 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.68% of the company’s stock.

Wall Street Analysts Forecast Growth

TXN has been the topic of a number of research reports. Mizuho lowered their price target on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a report on Friday, January 24th. Morgan Stanley lifted their price objective on Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a report on Wednesday, October 23rd. Robert W. Baird lowered their price objective on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a report on Wednesday, October 23rd. Summit Insights raised Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Finally, Benchmark reaffirmed a “buy” rating and issued a $230.00 price objective on shares of Texas Instruments in a report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, Texas Instruments presently has an average rating of “Hold” and a consensus target price of $209.20.

Texas Instruments Trading Down 0.2 %

Shares of Texas Instruments stock opened at $180.56 on Wednesday. Texas Instruments Incorporated has a fifty-two week low of $155.46 and a fifty-two week high of $220.38. The firm has a market cap 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 business’s fifty day moving average is $191.25 and its two-hundred day moving average is $198.57. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same quarter last year, the firm posted $1.49 EPS. Analysts anticipate that Texas Instruments Incorporated will post 5.42 earnings per share for the current year.

Texas Instruments Announces Dividend

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

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.