3,370 Shares in Texas Instruments Incorporated (NASDAQ:TXN) Acquired by Argyle Capital Management LLC

Argyle Capital Management LLC purchased a new stake in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 3,370 shares of the semiconductor company's stock, valued at approximately $632,000.

Several other institutional investors have also modified their holdings of the business. Financial Life Planners purchased a new stake in shares of Texas Instruments in the 4th quarter valued at approximately $26,000. Retirement Wealth Solutions LLC purchased a new position in Texas Instruments in the fourth quarter valued at $27,000. MidAtlantic Capital Management Inc. purchased a new position in Texas Instruments in the third quarter valued at $28,000. Capital Performance Advisors LLP acquired a new stake in Texas Instruments in the third quarter valued at $39,000. Finally, FSA Wealth Management LLC purchased a new stake in Texas Instruments during the 3rd quarter worth about $41,000. Institutional investors and hedge funds own 84.99% of the company's stock.

Texas Instruments Price Performance

TXN traded up $0.40 on Tuesday, hitting $194.79. 3,365,157 shares of the company were exchanged, compared to its average volume of 6,519,750. The business's fifty day moving average is $189.57 and its 200 day moving average is $197.64. Texas Instruments Incorporated has a fifty-two week low of $159.11 and a fifty-two week high of $220.38. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.88 and a current ratio of 4.12. The firm has a market capitalization of $177.32 billion, a P/E ratio of 37.53, a price-to-earnings-growth ratio of 3.30 and a beta of 0.97.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share (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 in the previous year, the firm earned $1.49 earnings per share. As a group, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.35 EPS for the current year.

Texas Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 31st were given a dividend of $1.36 per share. This represents a $5.44 dividend on an annualized basis and a yield of 2.79%. The ex-dividend date of this dividend was Friday, January 31st. Texas Instruments's payout ratio is currently 104.82%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on TXN shares. Truist Financial cut their target price on Texas Instruments from $199.00 to $195.00 and set a "hold" rating on the stock in a research report on Friday, January 24th. Mizuho cut their price objective on shares of Texas Instruments from $200.00 to $190.00 and set a "neutral" rating on the stock in a report on Friday, January 24th. Wells Fargo & Company lowered their target price on shares of Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating for the company in a report on Monday, January 13th. Barclays cut their price target on shares of Texas Instruments from $200.00 to $180.00 and set an "equal weight" rating on the stock in a research note on Friday, January 24th. Finally, Cantor Fitzgerald restated a "neutral" rating and issued a $200.00 price objective on shares of Texas Instruments in a research note on Friday, January 24th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $209.20.

Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Janet F. Clark sold 6,065 shares of the firm's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $203.62, for a total transaction of $1,234,955.30. Following the completion of the transaction, the director now 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 transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Mark A. Blinn sold 590 shares of the company's stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $180.71, for a total value of $106,618.90. Following the completion of the sale, the director now owns 11,717 shares in the company, valued at $2,117,379.07. This represents a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 297,655 shares of company stock valued at $59,841,304 over the last quarter. Corporate insiders own 0.68% of the company's stock.

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.