Texas Instruments Incorporated (NASDAQ:TXN) Shares Acquired by Aviance Capital Partners LLC

Aviance Capital Partners LLC grew its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 5.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,399 shares of the semiconductor company’s stock after buying an additional 70 shares during the quarter. Aviance Capital Partners LLC’s holdings in Texas Instruments were worth $262,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of TXN. Howard Capital Management Group LLC acquired a new stake in shares of Texas Instruments in the 3rd quarter valued at approximately $202,000. M&G PLC raised its holdings in Texas Instruments by 4.4% during the third quarter. M&G PLC now owns 52,342 shares of the semiconductor company’s stock worth $10,835,000 after purchasing an additional 2,217 shares during the last quarter. Blake Schutter Theil Wealth Advisors LLC acquired a new position in Texas Instruments during the third quarter worth $239,000. Consolidated Planning Corp raised its holdings in Texas Instruments by 44.9% during the third quarter. Consolidated Planning Corp now owns 1,819 shares of the semiconductor company’s stock worth $376,000 after purchasing an additional 564 shares during the last quarter. Finally, Trinity Legacy Partners LLC raised its holdings in Texas Instruments by 18.6% during the third quarter. Trinity Legacy Partners LLC now owns 2,741 shares of the semiconductor company’s stock worth $572,000 after purchasing an additional 429 shares during the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Texas Instruments

In other news, Chairman Richard K. Templeton sold 97,000 shares of the company’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $202.72, for a total value of $19,663,840.00. Following the completion of the sale, the chairman now owns 409,089 shares of the company’s stock, valued at $82,930,522.08. This represents a 19.17 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of the company’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $203.62, for a total value of $1,234,955.30. Following the completion of 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 disclosure for this sale can be found here. Over the last 90 days, insiders sold 297,655 shares of company stock valued at $59,841,304. Company insiders own 0.68% of the company’s stock.

Texas Instruments Price Performance

Shares of NASDAQ:TXN opened at $190.52 on Friday. The business has a fifty day simple moving average of $189.62 and a 200-day simple moving average of $197.46. Texas Instruments Incorporated has a 52 week low of $159.11 and a 52 week high of $220.38. The company has a quick ratio of 2.88, a current ratio of 4.12 and a debt-to-equity ratio of 0.76. The company has a market cap of $173.44 billion, a P/E ratio of 36.71, a P/E/G ratio of 3.30 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last posted its quarterly earnings results on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same quarter in the prior year, the firm earned $1.49 earnings per share. Equities research analysts forecast that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 2.86%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments’s dividend payout ratio (DPR) is presently 104.82%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on TXN shares. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.00 price objective on shares of Texas Instruments in a report on Friday, January 24th. Truist Financial reduced their price objective on Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a report on Friday, January 24th. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 price objective on shares of Texas Instruments in a report on Tuesday, January 21st. Mizuho reduced their price objective on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a report on Friday, January 24th. Finally, Barclays cut their price target on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a report on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $209.20.

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.