Texas Instruments Incorporated (NASDAQ:TXN) Stock Holdings Lowered by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. cut its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,155,175 shares of the semiconductor company's stock after selling 17,966 shares during the quarter. Texas Instruments makes up approximately 1.5% of Brown Brothers Harriman & Co.'s portfolio, making the stock its 22nd largest holding. Brown Brothers Harriman & Co. owned 0.13% of Texas Instruments worth $216,607,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Promus Capital LLC purchased a new stake in Texas Instruments in the fourth quarter valued at approximately $25,000. Financial Life Planners purchased a new stake in shares of Texas Instruments during the 4th quarter valued at $26,000. Retirement Wealth Solutions LLC purchased a new stake in shares of Texas Instruments during the 4th quarter valued at $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Texas Instruments during the 4th quarter worth $28,000. Finally, Atala Financial Inc purchased a new position in shares of Texas Instruments in the 4th quarter worth $37,000. 84.99% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on TXN shares. Truist Financial dropped their price target on Texas Instruments from $199.00 to $195.00 and set a "hold" rating for the company in a research note on Friday, January 24th. Benchmark reissued a "buy" rating and set a $230.00 target price on shares of Texas Instruments in a research report on Friday, January 24th. 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 report on Friday, January 24th. Wells Fargo & Company decreased their price objective on shares of Texas Instruments from $215.00 to $208.00 and set an "equal weight" rating for the company in a research note on Monday, January 13th. Finally, Cantor Fitzgerald reissued a "neutral" rating and issued a $200.00 target price on shares of Texas Instruments in a research note on Friday, January 24th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $209.20.

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Insider Buying and Selling at Texas Instruments

In other Texas Instruments news, Director Mark A. Blinn sold 590 shares of the company's stock in a transaction dated 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 transaction, the director now owns 11,717 shares in the company, valued at approximately $2,117,379.07. This represents a 4.79 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Janet F. Clark sold 6,065 shares of the stock in a transaction that occurred on 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 completion of the transaction, the director now directly owns 10,816 shares of the company's stock, valued at $2,202,353.92. This trade represents a 35.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 297,655 shares of company stock worth $59,841,304 over the last ninety days. Company insiders own 0.57% of the company's stock.

Texas Instruments Stock Up 1.9 %

Shares of NASDAQ:TXN traded up $3.37 during midday trading on Monday, reaching $179.70. The company had a trading volume of 9,222,653 shares, compared to its average volume of 5,722,234. Texas Instruments Incorporated has a one year low of $159.11 and a one year high of $220.39. 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 stock has a market capitalization of $163.51 billion, a P/E ratio of 34.62, a PEG ratio of 3.30 and a beta of 0.98. The stock's fifty day moving average price is $186.45 and its 200-day moving average price is $194.62.

Texas Instruments (NASDAQ:TXN - Get Free Report) last issued its earnings results 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 period last year, the business posted $1.49 earnings per share. Equities research analysts expect that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Dividend Announcement

The firm also recently announced 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 was Friday, January 31st. This represents a $5.44 dividend on an annualized basis and a yield of 3.03%. Texas Instruments's dividend payout ratio is currently 104.82%.

About Texas Instruments

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.