Vaughan David Investments LLC IL Lowers Stock Holdings in Texas Instruments Incorporated $TXN

Vaughan David Investments LLC IL reduced its stake in Texas Instruments Incorporated (NASDAQ:TXN) by 6.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 99,713 shares of the semiconductor company’s stock after selling 6,583 shares during the quarter. Vaughan David Investments LLC IL’s holdings in Texas Instruments were worth $18,320,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Texas Instruments in the 2nd quarter worth about $2,836,310,000. Soundwatch Capital LLC increased its stake in Texas Instruments by 174,339.6% during the 2nd quarter. Soundwatch Capital LLC now owns 2,974,196 shares of the semiconductor company’s stock valued at $617,503,000 after purchasing an additional 2,972,491 shares in the last quarter. Vanguard Group Inc. raised its holdings in Texas Instruments by 1.5% in the second quarter. Vanguard Group Inc. now owns 95,447,320 shares of the semiconductor company’s stock worth $19,816,773,000 after buying an additional 1,426,360 shares during the last quarter. Corient Private Wealth LLC lifted its stake in shares of Texas Instruments by 94.9% in the second quarter. Corient Private Wealth LLC now owns 2,517,451 shares of the semiconductor company’s stock worth $522,559,000 after buying an additional 1,225,524 shares in the last quarter. Finally, State Street Corp grew its holdings in shares of Texas Instruments by 2.6% during the second quarter. State Street Corp now owns 43,325,014 shares of the semiconductor company’s stock valued at $8,995,139,000 after buying an additional 1,084,364 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Texas Instruments Price Performance

Shares of Texas Instruments stock opened at $190.69 on Tuesday. The stock has a market cap of $173.27 billion, a P/E ratio of 35.02, a P/E/G ratio of 3.09 and a beta of 1.00. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.90 and a current ratio of 4.45. The stock’s fifty day moving average is $175.26 and its 200 day moving average is $183.24. Texas Instruments Incorporated has a one year low of $139.95 and a one year high of $221.69.

Texas Instruments (NASDAQ:TXN) last issued its quarterly earnings results on Tuesday, October 21st. The semiconductor company reported $1.48 EPS for the quarter, hitting analysts’ consensus estimates of $1.48. Texas Instruments had a return on equity of 30.41% and a net margin of 29.21%.The business had revenue of $4.74 billion during the quarter, compared to analysts’ expectations of $4.65 billion. During the same quarter in the prior year, the business posted $1.44 earnings per share. The business’s quarterly revenue was up 14.2% on a year-over-year basis. Sell-side analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current year.

Texas Instruments Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 10th. Shareholders of record on Friday, January 30th will be paid a dividend of $1.42 per share. The ex-dividend date is Friday, January 30th. This represents a $5.68 dividend on an annualized basis and a yield of 3.0%. Texas Instruments’s dividend payout ratio (DPR) is presently 103.84%.

Insider Activity at Texas Instruments

In related news, Director Ronald Kirk sold 9,990 shares of the company’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $162.33, for a total value of $1,621,676.70. Following the completion of the transaction, the director owned 14,937 shares of the company’s stock, valued at approximately $2,424,723.21. This represents a 40.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Christine Witzsche sold 1,000 shares of the firm’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $164.31, for a total value of $164,310.00. Following the sale, the vice president directly owned 20,821 shares in the company, valued at approximately $3,421,098.51. This represents a 4.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.57% of the stock is owned by insiders.

Wall Street Analyst Weigh In

TXN has been the subject of a number of recent analyst reports. Mizuho set a $145.00 price objective on shares of Texas Instruments in a report on Wednesday, October 22nd. Stifel Nicolaus increased their price objective on Texas Instruments from $170.00 to $200.00 and gave the company a “hold” rating in a research report on Friday. Benchmark reissued a “buy” rating on shares of Texas Instruments in a research report on Wednesday, October 22nd. The Goldman Sachs Group downgraded shares of Texas Instruments from a “buy” rating to a “sell” rating and dropped their price target for the company from $200.00 to $156.00 in a report on Monday, December 15th. Finally, Cowen restated a “buy” rating on shares of Texas Instruments in a research report on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have issued a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $194.22.

Texas Instruments Profile

Texas Instruments Inc (NASDAQ: TXN) is a global semiconductor company headquartered in Dallas, Texas, that designs and manufactures analog and embedded processing chips. The company’s products are used across a wide range of end markets, including industrial, automotive, personal electronics, communications and enterprise equipment. TI’s business emphasizes components that condition, convert, manage and move electrical signals—capabilities that are foundational to modern electronic systems.

TI’s product portfolio includes a broad array of analog integrated circuits—such as power management, amplifiers, data converters and interface devices—as well as embedded processors and microcontrollers used to control systems and run real-time applications.