IMS Capital Management Has $843,000 Stake in Texas Instruments Incorporated (NASDAQ:TXN)

IMS Capital Management cut its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 4.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,494 shares of the semiconductor company’s stock after selling 212 shares during the quarter. IMS Capital Management’s holdings in Texas Instruments were worth $843,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Financial Life Planners purchased a new position in shares of Texas Instruments in the 4th quarter worth approximately $26,000. Retirement Wealth Solutions LLC bought a new stake in Texas Instruments during the fourth quarter worth $27,000. MidAtlantic Capital Management Inc. purchased a new position in Texas Instruments in the third quarter worth $28,000. Tsfg LLC grew its stake in Texas Instruments by 82.0% in the 3rd quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 82 shares during the period. Finally, Capital Performance Advisors LLP purchased a new stake in shares of Texas Instruments during the 3rd quarter valued at $39,000. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $180.80 on Friday. The company has a 50 day moving average of $188.63 and a 200 day moving average of $197.63. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. The stock has a market cap of $164.93 billion, a P/E ratio of 34.84, a P/E/G ratio of 2.95 and a beta of 0.97. Texas Instruments Incorporated has a 12 month low of $156.57 and a 12 month high of $220.38.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping the consensus estimate 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 business earned $1.49 earnings per share. As a group, sell-side analysts forecast that Texas Instruments Incorporated will post 5.38 EPS for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were given a dividend of $1.36 per share. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 3.01%. Texas Instruments’s payout ratio is 104.82%.

Insider Transactions at Texas Instruments

In other Texas Instruments news, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction on 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 $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Mark A. Blinn sold 590 shares of Texas Instruments stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the transaction, the director now owns 11,717 shares in the company, valued at approximately $2,117,379.07. This represents a 4.79 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.68% of the company’s stock.

Analyst Ratings Changes

TXN has been the topic of a number of research analyst reports. Susquehanna cut their price target 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. Wells Fargo & Company dropped their target price on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Mizuho decreased their price target on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research note on Friday, January 24th. Morgan Stanley lifted their price target 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. Finally, Truist Financial reduced their price objective on Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Texas Instruments has a consensus rating of “Hold” and a consensus 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.