Autumn Glory Partners LLC Has $961,000 Stock Position in Texas Instruments Incorporated (NASDAQ:TXN)

Autumn Glory Partners LLC cut its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 29.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,124 shares of the semiconductor company's stock after selling 2,162 shares during the period. Autumn Glory Partners LLC's holdings in Texas Instruments were worth $961,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AustralianSuper Pty Ltd increased its position in shares of Texas Instruments by 52.8% in the fourth quarter. AustralianSuper Pty Ltd now owns 10,756 shares of the semiconductor company's stock worth $2,017,000 after purchasing an additional 3,715 shares during the period. Asset Planning Inc bought a new stake in shares of Texas Instruments in the 4th quarter valued at about $117,000. Banque Pictet & Cie SA raised its stake in Texas Instruments by 0.9% during the fourth quarter. Banque Pictet & Cie SA now owns 2,197,676 shares of the semiconductor company's stock worth $412,086,000 after buying an additional 18,650 shares during the last quarter. V Square Quantitative Management LLC lifted its stake in Texas Instruments by 2.5% in the fourth quarter. V Square Quantitative Management LLC now owns 20,857 shares of the semiconductor company's stock valued at $3,911,000 after buying an additional 508 shares during the period. Finally, CFC Planning Co LLC bought a new position in Texas Instruments in the fourth quarter worth approximately $2,322,000. 84.99% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Benchmark reiterated a "buy" rating and issued a $230.00 target price on shares of Texas Instruments in a report on Friday, January 24th. Rosenblatt Securities reaffirmed a "buy" rating and set a $250.00 target price on shares of Texas Instruments in a report on Tuesday, January 21st. Robert W. Baird lowered their price objective on Texas Instruments from $200.00 to $175.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 23rd. Summit Insights raised Texas Instruments from a "hold" rating to a "buy" rating in a research note on Wednesday, October 23rd. Finally, Morgan Stanley increased their target price on Texas Instruments from $154.00 to $167.00 and gave the company an "underweight" rating in a report on Wednesday, October 23rd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $209.20.

Insider Buying and Selling

In related news, Director Ronald Kirk sold 10,539 shares of the business's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $203.33, for a total transaction of $2,142,894.87. Following the completion of the sale, the director now directly owns 14,323 shares of the company's stock, valued at $2,912,295.59. The trade was a 42.39 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Mark A. Blinn sold 590 shares of the business's stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $180.71, for a total value of $106,618.90. Following the transaction, the director now owns 11,717 shares of the company's stock, valued at $2,117,379.07. The trade was a 4.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.68% of the stock is currently owned by corporate insiders.

Texas Instruments Stock Up 5.3 %

NASDAQ TXN traded up $9.86 during trading hours on Wednesday, hitting $196.32. The company had a trading volume of 8,435,171 shares, compared to its average volume of 6,376,803. The company has a market capitalization of $179.09 billion, a price-to-earnings ratio of 37.83, a P/E/G ratio of 2.96 and a beta of 0.97. Texas Instruments Incorporated has a fifty-two week low of $159.11 and a fifty-two week high of $220.38. The firm's 50 day moving average is $187.90 and its 200 day moving average is $197.23. The company has a debt-to-equity ratio of 0.76, a current ratio of 4.12 and a quick ratio of 2.88.

Texas Instruments (NASDAQ:TXN - Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The semiconductor company reported $1.30 earnings per share for the quarter, beating analysts' consensus estimates of $1.20 by $0.10. Texas Instruments had a net margin of 30.68% and a return on equity of 28.08%. During the same quarter in the prior year, the firm posted $1.49 earnings per share. Sell-side analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Stockholders of record on Friday, January 31st were issued a dividend of $1.36 per share. The ex-dividend date was Friday, January 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.77%. Texas Instruments's dividend payout ratio is 104.82%.

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.