Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Slow Capital Inc.

Slow Capital Inc. decreased its position in Texas Instruments Incorporated (NASDAQ:TXN) by 6.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,294 shares of the semiconductor company’s stock after selling 1,282 shares during the quarter. Slow Capital Inc.’s holdings in Texas Instruments were worth $3,243,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Foundations Investment Advisors LLC increased its stake in Texas Instruments by 11.2% during the 4th quarter. Foundations Investment Advisors LLC now owns 7,196 shares of the semiconductor company’s stock valued at $1,349,000 after buying an additional 723 shares during the period. Parsons Capital Management Inc. RI boosted its holdings in shares of Texas Instruments by 3.5% during the fourth quarter. Parsons Capital Management Inc. RI now owns 9,504 shares of the semiconductor company’s stock worth $1,782,000 after purchasing an additional 321 shares during the period. James Hambro & Partners LLP grew its stake in Texas Instruments by 2.8% in the fourth quarter. James Hambro & Partners LLP now owns 555,234 shares of the semiconductor company’s stock valued at $104,126,000 after purchasing an additional 15,165 shares in the last quarter. CKW Financial Group increased its holdings in Texas Instruments by 6.6% in the fourth quarter. CKW Financial Group now owns 1,605 shares of the semiconductor company’s stock worth $301,000 after buying an additional 100 shares during the last quarter. Finally, Webster Bank N. A. raised its holdings in shares of Texas Instruments by 5.2% during the 4th quarter. Webster Bank N. A. now owns 1,931 shares of the semiconductor company’s stock valued at $362,000 after purchasing an additional 95 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Stock Performance

Shares of NASDAQ TXN opened at $187.03 on Tuesday. Texas Instruments Incorporated has a one year low of $155.46 and a one year high of $220.38. The company has a debt-to-equity ratio of 0.74, a current ratio of 4.31 and a quick ratio of 3.14. The firm has a market cap of $170.61 billion, a price-to-earnings ratio of 34.76, a P/E/G ratio of 3.84 and a beta of 0.98. The stock’s fifty day moving average price is $193.38 and its two-hundred day moving average price is $199.43.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. During the same quarter last year, the business earned $1.49 EPS. On average, equities analysts forecast that Texas Instruments Incorporated will post 5.08 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 2.91%. The ex-dividend date is Friday, January 31st. Texas Instruments’s dividend payout ratio is currently 101.12%.

Insiders Place Their Bets

In other news, Director Ronald Kirk sold 10,539 shares of the business’s stock in a transaction that occurred 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 transaction, the director now directly owns 14,323 shares in the company, valued at approximately $2,912,295.59. The trade was a 42.39 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.68% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TXN. Wells Fargo & Company lowered their target price on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Bank of America dropped their price objective on Texas Instruments from $220.00 to $215.00 and set a “neutral” rating for the company in a research note on Wednesday, October 23rd. Barclays reduced their target price on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating on the stock in a report on Friday. Susquehanna lowered their price objective on shares of Texas Instruments from $250.00 to $240.00 and set a “positive” rating for the company in a research report on Monday, October 21st. Finally, Morgan Stanley upped their target price on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 23rd. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, Texas Instruments presently has a consensus rating of “Hold” and an average target price of $209.20.

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.