KLCM Advisors Inc. Has $550,000 Stock Holdings in Texas Instruments Incorporated (NASDAQ:TXN)

KLCM Advisors Inc. lessened its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 9.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,228 shares of the semiconductor company’s stock after selling 353 shares during the quarter. KLCM Advisors Inc.’s holdings in Texas Instruments were worth $550,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Salem Investment Counselors Inc. boosted its holdings in shares of Texas Instruments by 16.8% during the 1st quarter. Salem Investment Counselors Inc. now owns 417 shares of the semiconductor company’s stock valued at $77,000 after acquiring an additional 60 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Texas Instruments by 2.8% during the 1st quarter. International Assets Investment Management LLC now owns 2,266 shares of the semiconductor company’s stock valued at $416,000 after acquiring an additional 61 shares in the last quarter. Polar Capital Holdings Plc boosted its holdings in shares of Texas Instruments by 0.6% during the 1st quarter. Polar Capital Holdings Plc now owns 9,822 shares of the semiconductor company’s stock valued at $1,802,000 after acquiring an additional 63 shares in the last quarter. Riverview Trust Co boosted its holdings in shares of Texas Instruments by 57.4% during the 3rd quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 66 shares in the last quarter. Finally, Howard Financial Services LTD. boosted its holdings in shares of Texas Instruments by 3.1% during the 4th quarter. Howard Financial Services LTD. now owns 2,177 shares of the semiconductor company’s stock valued at $371,000 after acquiring an additional 66 shares in the last quarter. Institutional investors and hedge funds own 84.99% of the company’s stock.

Analyst Upgrades and Downgrades

TXN has been the subject of several analyst reports. Truist Financial lowered their target price on Texas Instruments from $166.00 to $165.00 and set a “hold” rating for the company in a research report on Friday, February 9th. UBS Group raised Texas Instruments from a “neutral” rating to a “buy” rating and raised their target price for the stock from $170.00 to $195.00 in a research report on Friday, January 19th. KeyCorp lifted their price objective on Texas Instruments from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 24th. Evercore ISI began coverage on Texas Instruments in a research report on Tuesday. They issued an “outperform” rating and a $213.00 price objective for the company. Finally, TD Cowen lifted their price objective on Texas Instruments from $145.00 to $160.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 24th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $176.68.

Insider Activity at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the business’s stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $159.85, for a total transaction of $278,778.40. Following the sale, the director now owns 11,693 shares of the company’s stock, valued at approximately $1,869,126.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.68% of the stock is owned by company insiders.

Texas Instruments Stock Performance

Shares of NASDAQ TXN traded down $0.57 during midday trading on Wednesday, reaching $167.02. The company’s stock had a trading volume of 1,555,600 shares, compared to its average volume of 5,429,608. Texas Instruments Incorporated has a 12-month low of $139.48 and a 12-month high of $188.12. The firm has a 50 day moving average price of $167.95 and a 200-day moving average price of $161.68. The stock has a market capitalization of $152.00 billion, a P/E ratio of 23.74, a PEG ratio of 3.58 and a beta of 1.04. The company has a debt-to-equity ratio of 0.63, a current ratio of 4.55 and a quick ratio of 3.35.

Texas Instruments (NASDAQ:TXN) last announced its earnings results on Monday, January 22nd. The semiconductor company reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $0.03. Texas Instruments had a return on equity of 39.96% and a net margin of 37.16%. The firm had revenue of $4.08 billion for the quarter, compared to the consensus estimate of $4.12 billion. During the same quarter in the previous year, the business earned $2.13 EPS. The company’s revenue was down 12.7% compared to the same quarter last year. As a group, equities analysts predict that Texas Instruments Incorporated will post 5.16 earnings per share for the current year.

Texas Instruments Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 13th. Investors of record on Wednesday, January 31st were paid a $1.30 dividend. The ex-dividend date was Tuesday, January 30th. This represents a $5.20 annualized dividend and a yield of 3.11%. Texas Instruments’s payout ratio is 73.65%.

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.