Penn Davis Mcfarland Inc. Has $7.81 Million Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

Penn Davis Mcfarland Inc. decreased its position in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 0.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 41,662 shares of the semiconductor company’s stock after selling 110 shares during the period. Texas Instruments comprises 0.9% of Penn Davis Mcfarland Inc.’s portfolio, making the stock its 27th biggest position. Penn Davis Mcfarland Inc.’s holdings in Texas Instruments were worth $7,812,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of TXN. Retirement Wealth Solutions LLC acquired a new position in shares of Texas Instruments during the fourth quarter worth approximately $27,000. MidAtlantic Capital Management Inc. acquired a new position in Texas Instruments during the 3rd quarter worth $28,000. Tsfg LLC lifted its holdings in Texas Instruments by 82.0% during the 3rd quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock worth $38,000 after buying an additional 82 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in shares of Texas Instruments in the 3rd quarter valued at $39,000. Finally, FSA Wealth Management LLC bought a new stake in shares of Texas Instruments during the third quarter worth $41,000. Institutional investors own 84.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on TXN shares. Summit Insights upgraded Texas Instruments from a “hold” rating to a “buy” rating in a report on Wednesday, October 23rd. Morgan Stanley lifted their price target 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. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $200.00 price objective on shares of Texas Instruments in a research note on Wednesday, October 23rd. Truist Financial dropped their target price on shares of Texas Instruments from $198.00 to $190.00 and set a “hold” rating for the company in a research report on Wednesday, October 23rd. Finally, Rosenblatt Securities restated a “buy” rating and issued a $250.00 price target on shares of Texas Instruments in a research report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, Texas Instruments has an average rating of “Hold” and a consensus price target of $210.45.

Insider Buying and Selling

In related news, Director Robert E. Sanchez sold 9,990 shares of the business’s stock in a transaction that occurred on 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 transaction, the director now directly owns 20,461 shares of the company’s stock, valued at approximately $4,272,256.80. The trade was a 32.81 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ronald Kirk sold 10,539 shares of the firm’s stock in a transaction 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 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 position. The disclosure for this sale can be found here. 0.68% of the stock is owned by corporate insiders.

Texas Instruments Stock Up 2.7 %

Texas Instruments stock opened at $192.42 on Monday. The company has a current ratio of 4.31, a quick ratio of 3.14 and a debt-to-equity ratio of 0.74. Texas Instruments Incorporated has a 1-year low of $155.46 and a 1-year high of $220.38. The company has a fifty day simple moving average of $194.79 and a 200 day simple moving average of $199.65. The company has a market cap of $175.53 billion, a P/E ratio of 35.77, a price-to-earnings-growth ratio of 3.69 and a beta of 0.98.

Texas Instruments (NASDAQ:TXN) last released its earnings results on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $4.12 billion. During the same quarter in the previous year, the business earned $1.80 earnings per share. Texas Instruments’s quarterly revenue was down 8.4% on a year-over-year basis. Research analysts anticipate that Texas Instruments Incorporated will post 5.08 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 31st will be paid a $1.36 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.83%. Texas Instruments’s dividend payout ratio is presently 101.12%.

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.