St. Louis Financial Planners Asset Management LLC Sells 253 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

St. Louis Financial Planners Asset Management LLC lessened its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 2.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 10,713 shares of the semiconductor company’s stock after selling 253 shares during the period. Texas Instruments accounts for about 1.5% of St. Louis Financial Planners Asset Management LLC’s portfolio, making the stock its 17th largest position. St. Louis Financial Planners Asset Management LLC’s holdings in Texas Instruments were worth $2,009,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. One Capital Management LLC grew its holdings in Texas Instruments by 47.3% during the 2nd quarter. One Capital Management LLC now owns 3,188 shares of the semiconductor company’s stock worth $620,000 after acquiring an additional 1,024 shares during the period. Perennial Investment Advisors LLC bought a new stake in shares of Texas Instruments in the second quarter valued at about $207,000. Axxcess Wealth Management LLC raised its position in Texas Instruments by 86.8% in the 2nd quarter. Axxcess Wealth Management LLC now owns 18,564 shares of the semiconductor company’s stock valued at $3,611,000 after buying an additional 8,624 shares during the last quarter. Bradley Foster & Sargent Inc. CT boosted its position in Texas Instruments by 19.2% during the 2nd quarter. Bradley Foster & Sargent Inc. CT now owns 60,588 shares of the semiconductor company’s stock worth $11,786,000 after acquiring an additional 9,763 shares during the last quarter. Finally, E Fund Management Co. Ltd. grew its stake in shares of Texas Instruments by 20.4% during the 2nd quarter. E Fund Management Co. Ltd. now owns 22,651 shares of the semiconductor company’s stock worth $4,406,000 after acquiring an additional 3,839 shares in the last quarter. 84.99% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on TXN. Truist Financial reduced their price objective on shares of Texas Instruments from $198.00 to $190.00 and set a “hold” rating for the company in a research note on Wednesday, October 23rd. Robert W. Baird dropped their price objective on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 23rd. Bank of America reduced their price objective on shares of Texas Instruments from $220.00 to $215.00 and set a “neutral” rating for the company in a research report on Wednesday, October 23rd. Morgan Stanley increased their price objective on shares of Texas Instruments from $154.00 to $167.00 and gave the company an “underweight” rating in a research report on Wednesday, October 23rd. Finally, Barclays cut their target price on shares of Texas Instruments from $210.00 to $200.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $209.71.

Insider Activity at Texas Instruments

In other Texas Instruments 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 sale, the director now directly 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 Securities & Exchange Commission, which is available through this link. Also, Director Robert E. Sanchez sold 9,990 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $208.80, for a total transaction of $2,085,912.00. Following the completion of the sale, the director now directly owns 20,461 shares in the company, valued at approximately $4,272,256.80. This trade represents a 32.81 % decrease in their position. The disclosure for this sale can be found here. 0.68% of the stock is owned by company insiders.

Texas Instruments Stock Performance

Shares of Texas Instruments stock opened at $197.51 on Thursday. The company has a market cap of $180.17 billion, a PE ratio of 36.71, a price-to-earnings-growth ratio of 3.69 and a beta of 0.98. The company has a quick ratio of 3.14, a current ratio of 4.31 and a debt-to-equity ratio of 0.74. Texas Instruments Incorporated has a 52 week low of $155.46 and a 52 week high of $220.38. The business has a 50 day moving average price of $196.30 and a 200-day moving average price of $199.76.

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

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.