Texas Instruments Incorporated (NASDAQ:TXN) Position Decreased by Clifford Swan Investment Counsel LLC

Clifford Swan Investment Counsel LLC decreased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN) by 0.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,600 shares of the semiconductor company’s stock after selling 277 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in Texas Instruments were worth $6,675,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in TXN. Financial Life Planners acquired a new position in shares of Texas Instruments in the 4th quarter valued at $26,000. Retirement Wealth Solutions LLC acquired a new position in shares of Texas Instruments in the 4th quarter valued at $27,000. MidAtlantic Capital Management Inc. acquired a new position in shares of Texas Instruments in the 3rd quarter valued at $28,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Texas Instruments in the 4th quarter valued at $28,000. Finally, Capital Performance Advisors LLP acquired a new position in shares of Texas Instruments in the 3rd quarter valued at $39,000. Institutional investors own 84.99% of the company’s stock.

Insider Buying and Selling

In related news, Director Janet F. Clark sold 6,065 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the completion of the transaction, the director now owns 10,816 shares of the company’s stock, valued at approximately $2,202,353.92. The trade was a 35.93 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the business’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $197.69, for a total value of $19,175,930.00. Following the transaction, the chairman now directly owns 409,089 shares of the company’s stock, valued at $80,872,804.41. This represents a 19.17 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 297,655 shares of company stock worth $59,841,304. 0.68% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on TXN. Benchmark reiterated a “buy” rating and issued a $230.00 price target on shares of Texas Instruments in a research report on Friday, January 24th. Barclays decreased their target price on Texas Instruments from $200.00 to $180.00 and set an “equal weight” rating for the company in a research report on Friday, January 24th. Mizuho decreased their target price on Texas Instruments from $200.00 to $190.00 and set a “neutral” rating for the company in a research report on Friday, January 24th. Truist Financial decreased their target price on Texas Instruments from $199.00 to $195.00 and set a “hold” rating for the company in a research report on Friday, January 24th. Finally, Wells Fargo & Company decreased their target price on Texas Instruments from $215.00 to $208.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $209.20.

Texas Instruments Price Performance

NASDAQ TXN opened at $196.02 on Friday. 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 stock has a market capitalization of $178.44 billion, a PE ratio of 37.77, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97. The company has a 50 day moving average price of $189.49 and a two-hundred day moving average price of $197.68. Texas Instruments Incorporated has a 12-month low of $159.11 and a 12-month high of $220.38.

Texas Instruments (NASDAQ:TXN) last posted its earnings results 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 return on equity of 28.08% and a net margin of 30.68%. During the same period last year, the company posted $1.49 earnings per share. As a group, equities analysts predict that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 31st were issued a $1.36 dividend. The ex-dividend date was Friday, January 31st. This represents a $5.44 annualized dividend and a yield of 2.78%. Texas Instruments’s dividend payout ratio (DPR) is currently 104.82%.

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.