Texas Instruments Incorporated (NASDAQ:TXN) Holdings Decreased by Guerra Pan Advisors LLC

Guerra Pan Advisors LLC lowered its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 6.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,003 shares of the semiconductor company’s stock after selling 334 shares during the period. Guerra Pan Advisors LLC’s holdings in Texas Instruments were worth $853,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Norges Bank bought a new stake in Texas Instruments during the 4th quarter worth approximately $1,548,365,000. Moneta Group Investment Advisors LLC grew its holdings in shares of Texas Instruments by 60,024.4% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 8,363,303 shares of the semiconductor company’s stock valued at $1,381,785,000 after acquiring an additional 8,349,393 shares in the last quarter. Morgan Stanley lifted its stake in Texas Instruments by 54.4% in the 4th quarter. Morgan Stanley now owns 14,735,331 shares of the semiconductor company’s stock valued at $2,434,572,000 after purchasing an additional 5,191,426 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Texas Instruments by 13.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 14,638,302 shares of the semiconductor company’s stock valued at $2,685,836,000 after purchasing an additional 1,779,273 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in Texas Instruments by 565.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,693,577 shares of the semiconductor company’s stock valued at $288,687,000 after purchasing an additional 1,439,066 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Texas Instruments Stock Performance

TXN traded up $1.95 on Tuesday, hitting $168.30. The company had a trading volume of 1,165,608 shares, compared to its average volume of 5,451,830. The company’s fifty day moving average price is $167.76 and its 200 day moving average price is $161.62. Texas Instruments Incorporated has a 1-year low of $139.48 and a 1-year high of $188.12. The company has a debt-to-equity ratio of 0.63, a current ratio of 4.55 and a quick ratio of 3.35. The stock has a market cap of $153.16 billion, a price-to-earnings ratio of 23.56, a price-to-earnings-growth ratio of 3.58 and a beta of 1.04.

Texas Instruments (NASDAQ:TXN) last released its quarterly earnings data on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.46 by $0.03. The business had revenue of $4.08 billion for the quarter, compared to analysts’ expectations of $4.12 billion. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. Texas Instruments’s quarterly revenue was down 12.7% on a year-over-year basis. During the same period in the previous year, the business posted $2.13 earnings per share. Equities analysts predict that Texas Instruments Incorporated will post 5.16 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 13th. Investors of record on Wednesday, January 31st were given a dividend of $1.30 per share. The ex-dividend date of this dividend was Tuesday, January 30th. This represents a $5.20 annualized dividend and a yield of 3.09%. Texas Instruments’s dividend payout ratio (DPR) is presently 73.65%.

Analyst Ratings Changes

A number of research analysts recently issued reports on TXN shares. TD Cowen lifted their price objective on shares of Texas Instruments from $145.00 to $160.00 and gave the company a “market perform” rating in a research note on Wednesday, January 24th. UBS Group raised shares of Texas Instruments from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $170.00 to $195.00 in a research note on Friday, January 19th. Truist Financial dropped their target price on shares of Texas Instruments from $166.00 to $165.00 and set a “hold” rating on the stock in a report on Friday, February 9th. Morgan Stanley upped their price objective on shares of Texas Instruments from $138.00 to $146.00 and gave the company an “underweight” rating in a report on Wednesday, January 24th. Finally, Susquehanna decreased their price objective on shares of Texas Instruments from $205.00 to $200.00 and set a “positive” rating for the company in a research note on Wednesday, January 24th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Texas Instruments currently has a consensus rating of “Hold” and an average target price of $176.68.

Insider Activity at Texas Instruments

In related news, Director Mark A. Blinn sold 1,744 shares of Texas Instruments stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total transaction of $278,778.40. Following the completion of the sale, the director now directly owns 11,693 shares of the company’s stock, valued at approximately $1,869,126.05. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.68% of the company’s stock.

Texas Instruments Company 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.