Trillium Asset Management LLC Has $383,000 Stake in Texas Instruments Incorporated (NASDAQ:TXN)

Trillium Asset Management LLC lessened its position in Texas Instruments Incorporated (NASDAQ:TXN) by 7.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,043 shares of the semiconductor company’s stock after selling 161 shares during the period. Trillium Asset Management LLC’s holdings in Texas Instruments were worth $383,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Promus Capital LLC bought a new stake in shares of Texas Instruments in the fourth quarter worth $25,000. Financial Life Planners bought a new stake in shares of Texas Instruments in the 4th quarter valued at about $26,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Texas Instruments in the fourth quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Texas Instruments during the fourth quarter worth about $28,000. Finally, Atala Financial Inc bought a new position in shares of Texas Instruments during the fourth quarter worth about $37,000. 84.99% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on TXN shares. Cantor Fitzgerald reissued a “neutral” rating and set a $200.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Truist Financial lowered their target price on shares of Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research note on Friday, January 24th. Mizuho cut their price target on shares of Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a research report on Friday, January 24th. Barclays lowered their price objective on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research report on Friday, January 24th. Finally, Benchmark restated a “buy” rating and set a $230.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $209.20.

Texas Instruments Trading Up 1.3 %

TXN opened at $181.74 on Thursday. Texas Instruments Incorporated has a fifty-two week low of $159.11 and a fifty-two week high of $220.39. The firm has a market capitalization of $165.37 billion, a PE ratio of 35.02, a P/E/G ratio of 3.30 and a beta of 0.97. 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 company’s 50-day moving average is $187.91 and its 200 day moving average is $195.72.

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 period in the prior year, the firm earned $1.49 earnings per share. As a group, research analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were issued a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 2.99%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio is 104.82%.

Insider Transactions at Texas Instruments

In other news, Chairman Richard K. Templeton sold 97,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $197.69, for a total value of $19,175,930.00. Following the completion of the transaction, the chairman now directly owns 409,089 shares of the company’s stock, valued at $80,872,804.41. This represents a 19.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of Texas Instruments stock in a transaction on Monday, February 24th. The stock was sold at an average price of $203.62, for a total value of $1,234,955.30. Following the sale, the director now owns 10,816 shares in the company, valued at $2,202,353.92. This trade represents a 35.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 297,655 shares of company stock worth $59,841,304 in the last quarter. 0.57% of the stock is currently owned by corporate insiders.

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.