Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Blueprint Investment Partners LLC

Blueprint Investment Partners LLC lessened its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 11.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,544 shares of the semiconductor company’s stock after selling 315 shares during the quarter. Blueprint Investment Partners LLC’s holdings in Texas Instruments were worth $477,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Guardian Partners Inc. bought a new position in Texas Instruments during the fourth quarter worth $7,973,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Texas Instruments during the fourth quarter worth $57,600,000. Knights of Columbus Asset Advisors LLC raised its holdings in shares of Texas Instruments by 1.0% during the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 40,631 shares of the semiconductor company’s stock worth $7,619,000 after purchasing an additional 404 shares during the period. Sei Investments Co. lifted its position in shares of Texas Instruments by 7.1% in the 4th quarter. Sei Investments Co. now owns 703,573 shares of the semiconductor company’s stock worth $131,932,000 after buying an additional 46,506 shares during the last quarter. Finally, Plancorp LLC boosted its holdings in shares of Texas Instruments by 43.7% in the 4th quarter. Plancorp LLC now owns 4,147 shares of the semiconductor company’s stock valued at $778,000 after buying an additional 1,262 shares during the period. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Activity at Texas Instruments

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of the business’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the sale, the director now directly owns 10,816 shares of the company’s stock, valued at $2,202,353.92. The trade was a 35.93 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the firm’s stock in a transaction 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 sale, the chairman now directly owns 409,089 shares of the company’s stock, valued at approximately $80,872,804.41. This trade represents a 19.17 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 297,655 shares of company stock worth $59,841,304 in the last quarter. 0.57% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on TXN shares. Cantor Fitzgerald reissued a “neutral” rating and issued a $200.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Benchmark restated a “buy” rating and set a $230.00 price objective on shares of Texas Instruments in a research report on Friday, January 24th. Truist Financial lowered their price objective on Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research note on Friday, January 24th. Rosenblatt Securities reiterated a “buy” rating and issued a $250.00 target price on shares of Texas Instruments in a research note on Tuesday, January 21st. Finally, Wells Fargo & Company lowered their price target on shares of Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $209.20.

Texas Instruments Price Performance

Shares of NASDAQ TXN opened at $179.00 on Friday. Texas Instruments Incorporated has a twelve month low of $159.11 and a twelve month high of $220.39. 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 firm has a 50-day moving average of $187.47 and a two-hundred day moving average of $195.33. The company has a market capitalization of $162.88 billion, a price-to-earnings ratio of 34.49, a PEG ratio of 3.30 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, beating the consensus estimate of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same quarter last year, the firm earned $1.49 earnings per share. As a group, analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were issued a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 3.04%. The ex-dividend date was Friday, January 31st. Texas Instruments’s dividend payout ratio is 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.