Texas Instruments Incorporated (NASDAQ:TXN) Stock Position Lessened by Monument Capital Management

Monument Capital Management decreased its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 6.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,497 shares of the semiconductor company’s stock after selling 179 shares during the quarter. Monument Capital Management’s holdings in Texas Instruments were worth $426,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of TXN. Annapolis Financial Services LLC grew its stake in shares of Texas Instruments by 333.3% in the third quarter. Annapolis Financial Services LLC now owns 156 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 120 shares in the last quarter. Briaud Financial Planning Inc acquired a new stake in shares of Texas Instruments in the third quarter valued at $25,000. Tennessee Valley Asset Management Partners acquired a new stake in shares of Texas Instruments in the fourth quarter valued at $25,000. Life Planning Partners Inc acquired a new stake in shares of Texas Instruments in the fourth quarter valued at $26,000. Finally, Riverview Trust Co lifted its holdings in shares of Texas Instruments by 57.4% in the third quarter. Riverview Trust Co now owns 181 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 66 shares during the period. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Stock Up 2.3 %

Shares of Texas Instruments stock opened at $163.43 on Tuesday. The stock has a 50-day moving average price of $168.15 and a 200 day moving average price of $161.84. The company has a market cap of $148.73 billion, a P/E ratio of 23.15, a P/E/G ratio of 3.44 and a beta of 1.04. The company has a current ratio of 4.55, a quick ratio of 3.35 and a debt-to-equity ratio of 0.63. Texas Instruments Incorporated has a 1 year low of $139.48 and a 1 year high of $188.12.

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

Insiders Place Their Bets

In other Texas Instruments news, Director Mark A. Blinn sold 1,744 shares of the company’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $159.85, for a total value of $278,778.40. Following the transaction, the director now directly 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 SEC, which is accessible through the SEC website. Insiders own 0.68% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on TXN shares. Rosenblatt Securities restated a “buy” rating and issued a $190.00 price objective on shares of Texas Instruments in a report on Tuesday, January 23rd. KeyCorp upped their price objective on Texas Instruments from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, January 24th. Truist Financial cut their price objective on Texas Instruments from $166.00 to $165.00 and set a “hold” rating for the company in a report on Friday, February 9th. Cantor Fitzgerald upped their target price on Texas Instruments from $170.00 to $180.00 and gave the company a “neutral” rating in a report on Monday, April 8th. Finally, Susquehanna reduced their target price on Texas Instruments from $205.00 to $200.00 and set a “positive” rating for the company in a report on Wednesday, January 24th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, Texas Instruments has an average rating of “Hold” and a consensus price target of $176.68.

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.