APG Asset Management US Inc. Sells 4,263 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

APG Asset Management US Inc. lowered its position in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 15.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,549 shares of the semiconductor company's stock after selling 4,263 shares during the quarter. APG Asset Management US Inc.'s holdings in Texas Instruments were worth $4,228,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Howard Capital Management Group LLC acquired a new stake in shares of Texas Instruments during the 3rd quarter valued at about $202,000. Continuum Advisory LLC boosted its holdings in Texas Instruments by 4.2% during the third quarter. Continuum Advisory LLC now owns 2,331 shares of the semiconductor company's stock valued at $480,000 after acquiring an additional 94 shares during the period. Brophy Wealth Management LLC bought a new position in Texas Instruments in the 3rd quarter worth approximately $211,000. Geode Capital Management LLC raised its stake in Texas Instruments by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 21,286,790 shares of the semiconductor company's stock valued at $4,382,936,000 after purchasing an additional 487,892 shares during the last quarter. Finally, Coldstream Capital Management Inc. grew its position in Texas Instruments by 5.8% in the 3rd quarter. Coldstream Capital Management Inc. now owns 34,120 shares of the semiconductor company's stock worth $7,047,000 after purchasing an additional 1,864 shares during the last quarter. Institutional investors and hedge funds own 84.99% of the company's stock.

Texas Instruments Stock Performance

Shares of TXN traded up $2.34 during trading hours on Monday, hitting $149.94. The company's stock had a trading volume of 4,148,634 shares, compared to its average volume of 6,071,879. Texas Instruments Incorporated has a 52-week low of $139.95 and a 52-week high of $220.39. The business has a 50 day simple moving average of $180.26 and a two-hundred day simple moving average of $191.24. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88. The company has a market cap of $136.43 billion, a price-to-earnings ratio of 28.89, a PEG ratio of 3.30 and a beta of 0.99.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 EPS for the quarter, topping the consensus estimate of $1.20 by $0.10. Texas Instruments had a return on equity of 28.08% and a net margin of 30.68%. During the same quarter last year, the business earned $1.49 earnings per share. On average, equities analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were issued a $1.36 dividend. The ex-dividend date of this dividend was Friday, January 31st. This represents a $5.44 annualized dividend and a yield of 3.63%. Texas Instruments's dividend payout ratio (DPR) is presently 104.82%.

Insider Buying and Selling

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of the firm's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $203.62, for a total value of $1,234,955.30. Following the transaction, the director now directly owns 10,816 shares of the company's stock, valued at approximately $2,202,353.92. This trade represents a 35.93 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Richard K. Templeton sold 97,000 shares of the company's 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 sale, the chairman now owns 409,089 shares of the company's stock, valued at $82,930,522.08. This trade represents a 19.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 297,655 shares of company stock valued at $59,841,304 over the last ninety days. Company insiders own 0.57% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on TXN shares. Wells Fargo & Company reduced their price objective on Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating for the company in a research report on Monday, January 13th. Baird R W raised Texas Instruments from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. Citigroup reduced their price objective on shares of Texas Instruments from $235.00 to $210.00 and set a "buy" rating on the stock in a research note on Friday. Truist Financial decreased their target price on Texas Instruments from $199.00 to $195.00 and set a "hold" rating for the company in a research report on Friday, January 24th. Finally, Rosenblatt Securities restated a "buy" rating and set a $250.00 price objective on shares of Texas Instruments in a report on Tuesday, January 21st. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $207.95.

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.