Banque Cantonale Vaudoise Sells 4,803 Shares of Texas Instruments Incorporated (NASDAQ:TXN)

Banque Cantonale Vaudoise decreased its holdings in shares of Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 7.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,295 shares of the semiconductor company's stock after selling 4,803 shares during the period. Banque Cantonale Vaudoise's holdings in Texas Instruments were worth $12,042,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Pitcairn Co. increased its holdings in shares of Texas Instruments by 5.1% in the 1st quarter. Pitcairn Co. now owns 9,706 shares of the semiconductor company's stock worth $1,691,000 after buying an additional 475 shares during the last quarter. Crewe Advisors LLC purchased a new stake in shares of Texas Instruments in the 1st quarter worth approximately $442,000. Payden & Rygel Investment Group purchased a new stake in Texas Instruments during the first quarter valued at approximately $401,000. Mattern Capital Management LLC lifted its position in Texas Instruments by 2.8% during the first quarter. Mattern Capital Management LLC now owns 51,278 shares of the semiconductor company's stock valued at $8,933,000 after acquiring an additional 1,375 shares during the last quarter. Finally, English Capital Management LLC purchased a new position in shares of Texas Instruments in the first quarter worth $3,833,000. Institutional investors own 84.99% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on TXN. Truist Financial decreased their price target on shares of Texas Instruments from $198.00 to $190.00 and set a "hold" rating for the company in a report on Wednesday, October 23rd. Barclays decreased their price objective on shares of Texas Instruments from $210.00 to $200.00 and set an "equal weight" rating on the stock in a report on Wednesday, October 23rd. Summit Insights raised shares of Texas Instruments from a "hold" rating to a "buy" rating in a research note on Wednesday, October 23rd. Morgan Stanley raised their price target on shares of Texas Instruments from $154.00 to $167.00 and gave the stock an "underweight" rating in a research note on Wednesday, October 23rd. Finally, Jefferies Financial Group raised their price target on shares of Texas Instruments from $175.00 to $185.00 and gave the stock a "hold" rating in a research note on Wednesday, July 24th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat, Texas Instruments currently has an average rating of "Hold" and an average target price of $206.95.

Insider Activity

In other Texas Instruments news, VP Shanon J. Leonard sold 2,816 shares of the company's stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $208.91, for a total value of $588,290.56. Following the completion of the sale, the vice president now directly owns 24,112 shares of the company's stock, valued at approximately $5,037,237.92. This represents a 10.46 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Haviv Ilan sold 1,200 shares of the business's stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $209.44, for a total value of $251,328.00. Following the sale, the chief executive officer now owns 158,676 shares in the company, valued at approximately $33,233,101.44. The trade was a 0.75 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,548 shares of company stock valued at $5,341,235. 0.68% of the stock is currently owned by company insiders.

Texas Instruments Trading Down 2.9 %

Shares of TXN traded down $6.11 during mid-day trading on Tuesday, hitting $201.07. The company had a trading volume of 5,566,250 shares, compared to its average volume of 5,515,682. The stock has a market cap of $183.42 billion, a PE ratio of 38.13, a P/E/G ratio of 4.40 and a beta of 0.99. The company has a quick ratio of 3.14, a current ratio of 4.31 and a debt-to-equity ratio of 0.74. Texas Instruments Incorporated has a 1-year low of $151.27 and a 1-year high of $220.38. The business's 50-day simple moving average is $204.51 and its 200-day simple moving average is $200.01.

Texas Instruments (NASDAQ:TXN - Get Free Report) last posted its quarterly earnings data on Tuesday, October 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.38 by $0.09. The company had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.12 billion. Texas Instruments had a net margin of 31.60% and a return on equity of 29.05%. The business's quarterly revenue was down 8.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.80 earnings per share. Sell-side analysts forecast that Texas Instruments Incorporated will post 5.08 earnings per share for the current year.

Texas Instruments Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Thursday, October 31st were issued a dividend of $1.36 per share. This is an increase from Texas Instruments's previous quarterly dividend of $1.30. The ex-dividend date was Thursday, October 31st. This represents a $5.44 annualized dividend and a dividend yield of 2.71%. Texas Instruments's payout ratio is 101.12%.

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.