ST Germain D J Co. Inc. Has $1.53 Million Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

ST Germain D J Co. Inc. decreased its position in Texas Instruments Incorporated (NASDAQ:TXN) by 14.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,131 shares of the semiconductor company’s stock after selling 1,417 shares during the period. ST Germain D J Co. Inc.’s holdings in Texas Instruments were worth $1,525,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in TXN. MidAtlantic Capital Management Inc. acquired a new position in shares of Texas Instruments in the 3rd quarter valued at $28,000. Tsfg LLC lifted its position 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 acquiring an additional 82 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in Texas Instruments in the 3rd quarter valued at $39,000. FSA Wealth Management LLC bought a new stake in Texas Instruments in the 3rd quarter valued at $41,000. Finally, McClarren Financial Advisors Inc. bought a new stake in Texas Instruments in the 3rd quarter valued at $43,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Insider Activity

In related news, Director Ronald Kirk sold 10,539 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the sale, the director now owns 14,323 shares of the company’s stock, valued at $2,912,295.59. This represents a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Robert E. Sanchez sold 9,990 shares of the company’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the sale, the director now directly owns 20,461 shares of the company’s stock, valued at $4,272,256.80. This represents a 32.81 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by company insiders.

Texas Instruments Price Performance

NASDAQ:TXN opened at $190.15 on Friday. Texas Instruments Incorporated has a one year low of $155.46 and a one year high of $220.38. The company has a market cap of $173.46 billion, a P/E ratio of 35.34, a P/E/G ratio of 4.19 and a beta of 0.98. The firm’s fifty day moving average price is $196.73 and its two-hundred day moving average price is $199.70. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating the consensus estimate of $1.38 by $0.09. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The firm had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $4.12 billion. During the same period in the previous year, the company earned $1.80 earnings per share. The company’s quarterly revenue was down 8.4% on a year-over-year basis. Equities analysts expect that Texas Instruments Incorporated will post 5.08 earnings per share for the current year.

Texas Instruments Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st were given a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date of this dividend was Thursday, October 31st. This is a boost from Texas Instruments’s previous quarterly dividend of $1.30. Texas Instruments’s payout ratio is presently 101.12%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Susquehanna cut their price objective on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating on the stock in a research report on Monday, October 21st. Barclays cut their price objective on shares of Texas Instruments from $210.00 to $200.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 23rd. Wells Fargo & Company assumed coverage on shares of Texas Instruments in a research report on Friday, November 22nd. They issued an “equal weight” rating and a $215.00 price objective on the stock. Mizuho set a $200.00 price objective on shares of Texas Instruments in a research report on Friday, October 18th. Finally, Evercore ISI boosted their price target on shares of Texas Instruments from $268.00 to $298.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Texas Instruments presently has a consensus rating of “Hold” and a consensus target price of $210.05.

About Texas Instruments

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.