Texas Instruments Incorporated (NASDAQ:TXN) Stock Holdings Boosted by Lynch & Associates IN

Lynch & Associates IN grew its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 5.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 27,526 shares of the semiconductor company’s stock after acquiring an additional 1,360 shares during the quarter. Lynch & Associates IN’s holdings in Texas Instruments were worth $5,161,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. MidAtlantic Capital Management Inc. acquired a new position in Texas Instruments in the 3rd quarter worth about $28,000. Tsfg LLC raised its position in shares of Texas Instruments by 82.0% during the third quarter. Tsfg LLC now owns 182 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 82 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in Texas Instruments during the third quarter worth about $39,000. FSA Wealth Management LLC bought a new stake in shares of Texas Instruments during the third quarter valued at approximately $41,000. Finally, McClarren Financial Advisors Inc. acquired a new stake in shares of Texas Instruments during the 3rd quarter valued at about $43,000. 84.99% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Robert E. Sanchez sold 9,990 shares of the company’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $208.80, for a total value of $2,085,912.00. Following the transaction, the director now owns 20,461 shares in the company, valued at $4,272,256.80. The trade was a 32.81 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of Texas Instruments stock in a transaction that occurred on Monday, November 25th. The stock was 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 disclosure for this sale can be found here. Insiders own 0.68% of the company’s stock.

Texas Instruments Stock Performance

Shares of NASDAQ TXN traded down $1.51 during midday trading on Friday, hitting $190.15. The company’s stock had a trading volume of 7,223,431 shares, compared to its average volume of 4,972,963. The stock has a fifty day moving average price of $197.03 and a 200 day moving average price of $199.72. The firm has a market capitalization of $173.46 billion, a price-to-earnings ratio of 35.34, a P/E/G ratio of 4.19 and a beta of 0.98. Texas Instruments Incorporated has a one year low of $155.46 and a one year high of $220.38. 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 (NASDAQ:TXN) last posted its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share (EPS) 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 company had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.12 billion. During the same quarter last year, the company earned $1.80 earnings per share. The firm’s quarterly revenue was down 8.4% on a year-over-year basis. On average, research analysts forecast that Texas Instruments Incorporated will post 5.08 EPS for the current fiscal year.

Texas Instruments Increases Dividend

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

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Cantor Fitzgerald reissued a “neutral” rating and set a $200.00 price target on shares of Texas Instruments in a report on Wednesday, October 23rd. Mizuho set a $200.00 target price on shares of Texas Instruments in a research report on Friday, October 18th. 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. Finally, Truist Financial cut their price target on shares of Texas Instruments from $198.00 to $190.00 and set a “hold” rating on the stock in a research report on Wednesday, October 23rd. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target 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.