Texas Instruments Incorporated (NASDAQ:TXN) Shares Sold by Wilkinson Global Asset Management LLC

Wilkinson Global Asset Management LLC lowered its stake in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 1.2% in the fourth quarter, Holdings Channel reports. The firm owned 384,293 shares of the semiconductor company’s stock after selling 4,560 shares during the period. Texas Instruments comprises about 4.4% of Wilkinson Global Asset Management LLC’s holdings, making the stock its 9th biggest position. Wilkinson Global Asset Management LLC’s holdings in Texas Instruments were worth $72,059,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. MidAtlantic Capital Management Inc. acquired a new position in shares of Texas Instruments during the 3rd quarter worth about $28,000. Financial Life Planners bought a new position in Texas Instruments in the 4th quarter worth approximately $26,000. Retirement Wealth Solutions LLC acquired a new position in shares of Texas Instruments during the fourth quarter worth approximately $27,000. Capital Performance Advisors LLP bought a new stake in shares of Texas Instruments in the third quarter valued at approximately $39,000. Finally, FSA Wealth Management LLC acquired a new stake in shares of Texas Instruments in the third quarter worth $41,000. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on TXN shares. Evercore ISI upped their target price on shares of Texas Instruments from $268.00 to $298.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Rosenblatt Securities reaffirmed a “buy” rating and set a $250.00 price objective on shares of Texas Instruments in a research report on Tuesday, January 21st. Cantor Fitzgerald reissued a “neutral” rating and set a $200.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. Robert W. Baird cut their price target on Texas Instruments from $200.00 to $175.00 and set a “neutral” rating for the company in a report on Wednesday, October 23rd. Finally, Mizuho decreased their price objective on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating on the stock in a report on Friday, January 24th. Two investment 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 MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $209.20.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 590 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the sale, the director now owns 11,717 shares in the company, valued at approximately $2,117,379.07. This trade represents a 4.79 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Ronald Kirk sold 10,539 shares of the company’s 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 transaction, the director now owns 14,323 shares in the company, valued at $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company’s stock.

Texas Instruments Stock Up 1.9 %

TXN opened at $186.46 on Wednesday. Texas Instruments Incorporated has a twelve month low of $159.11 and a twelve month high of $220.38. The firm has a market cap of $170.09 billion, a price-to-earnings ratio of 35.93, a PEG ratio of 2.96 and a beta of 0.97. The firm’s 50-day simple moving average is $187.90 and its 200-day simple moving average is $197.23. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same quarter in the previous year, the business earned $1.49 EPS. Equities research analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were given a $1.36 dividend. The ex-dividend date was Friday, January 31st. This represents a $5.44 annualized dividend and a yield of 2.92%. Texas Instruments’s payout ratio is 104.82%.

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.