Texas Instruments Incorporated (NASDAQ:TXN) Stock Position Lessened by MJP Associates Inc. ADV

MJP Associates Inc. ADV decreased its holdings in Texas Instruments Incorporated (NASDAQ:TXN) by 6.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,868 shares of the semiconductor company’s stock after selling 214 shares during the quarter. MJP Associates Inc. ADV’s holdings in Texas Instruments were worth $538,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. JARISLOWSKY FRASER Ltd boosted its stake in Texas Instruments by 7.4% during the fourth quarter. JARISLOWSKY FRASER Ltd now owns 2,390 shares of the semiconductor company’s stock valued at $448,000 after buying an additional 165 shares in the last quarter. Guardian Wealth Advisors LLC NC boosted its stake in Texas Instruments by 17.3% during the fourth quarter. Guardian Wealth Advisors LLC NC now owns 3,033 shares of the semiconductor company’s stock valued at $569,000 after buying an additional 448 shares in the last quarter. Geller Advisors LLC boosted its stake in Texas Instruments by 2.8% during the fourth quarter. Geller Advisors LLC now owns 4,578 shares of the semiconductor company’s stock valued at $858,000 after buying an additional 123 shares in the last quarter. Gotham Asset Management LLC lifted its holdings in shares of Texas Instruments by 41.2% during the fourth quarter. Gotham Asset Management LLC now owns 51,845 shares of the semiconductor company’s stock valued at $9,721,000 after purchasing an additional 15,125 shares during the last quarter. Finally, Focus Partners Wealth lifted its holdings in shares of Texas Instruments by 35.8% during the fourth quarter. Focus Partners Wealth now owns 71,022 shares of the semiconductor company’s stock valued at $13,544,000 after purchasing an additional 18,707 shares during the last quarter. Institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

Shares of TXN stock opened at $172.27 on Monday. The stock has a 50 day moving average of $167.29 and a two-hundred day moving average of $184.96. The company has a current ratio of 4.12, a quick ratio of 2.88 and a debt-to-equity ratio of 0.76. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $220.39. The company has a market capitalization of $156.50 billion, a P/E ratio of 33.19, a P/E/G ratio of 3.30 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN) last announced its quarterly earnings data on Wednesday, April 23rd. The semiconductor company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.22. The company had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $3.91 billion. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. The company’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter last year, the company earned $1.10 EPS. As a group, equities analysts expect that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 13th. Investors of record on Wednesday, April 30th will be given a dividend of $1.36 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $5.44 annualized dividend and a dividend yield of 3.16%. Texas Instruments’s dividend payout ratio (DPR) is presently 103.23%.

Insider Buying and Selling

In other Texas Instruments news, Chairman Richard K. Templeton sold 97,000 shares of Texas Instruments stock in a transaction on Friday, February 21st. The stock was sold at an average price of $202.72, for a total value of $19,663,840.00. Following the completion of the transaction, the chairman now owns 409,089 shares in the company, valued at approximately $82,930,522.08. The trade was a 19.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Janet F. Clark sold 6,065 shares of Texas Instruments stock in a transaction on Monday, February 24th. The shares were sold at an average price of $203.62, for a total value of $1,234,955.30. Following the completion of the sale, the director now directly owns 10,816 shares of the company’s stock, valued at $2,202,353.92. This trade represents a 35.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 297,065 shares of company stock worth $59,734,685 in the last 90 days. 0.57% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on TXN. Baird R W raised Texas Instruments from a “hold” rating to a “strong-buy” rating in a report on Monday, April 7th. Truist Financial reduced their target price on Texas Instruments from $195.00 to $171.00 and set a “hold” rating for the company in a report on Thursday, April 24th. Morgan Stanley reaffirmed an “underweight” rating and set a $148.00 target price (up from $146.00) on shares of Texas Instruments in a report on Thursday, April 24th. Cantor Fitzgerald reduced their target price on Texas Instruments from $200.00 to $170.00 and set a “neutral” rating for the company in a report on Thursday, April 24th. Finally, Wells Fargo & Company reduced their price objective on Texas Instruments from $200.00 to $175.00 and set an “equal weight” rating for the company in a research note on Thursday, April 24th. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have given a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $189.41.

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.